Solana (HSDT) Asset Utilization Ratio (2019 - 2026)
Solana's (HSDT) Asset Utilization Ratio was 0.06 for Q2 2026, up 23.6% from 0.05 a year earlier and up 68.6% from the prior quarter.
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Analysis
Solana (HSDT) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Solana was 0.04, down 57.7% from FY2024.
- By year, Asset Utilization Ratio came in at 0.09 in FY2024 (+79.5%), 0.05 in FY2023 (+2.8%), 0.05 in FY2022 (-0.8%) and 0.05 in FY2021 (-35.4%).
- The Q2 2026 figure ranks as the highest quarterly Asset Utilization Ratio since Q1 2025.
- Year over year, Asset Utilization Ratio gained in three of the last eight quarters, with an average decline of 25.7%.
- The high point for year-over-year Asset Utilization Ratio in five years was Q2 2022 (growth of 122.5%); the low point was Q3 2025 (a decline of 94.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.04 (Q1 2026), 0.02 (Q4 2025) and 0.00 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.56 Bn | 94.66 Bn | - | 0.03 |
| 2 | Intercontinental Exchange | 89.45 Bn | 83.19 Bn | - | 0.08 |
| 3 | Robinhood Markets | 88.18 Bn | 69.22 Bn | - | 0.10 |
| 4 | Nasdaq | 53.47 Bn | 50.90 Bn | 1.50 Bn | 0.32 |
| 5 | Interactive Brokers | 37.14 Bn | 14.26 Bn | - | 0.03 |
| 6 | Cboe Global Markets | 33.00 Bn | 24.66 Bn | 731.60 Mn | 0.47 |
| 7 | LPL Financial Holdings | 25.71 Bn | 21.03 Bn | - | 1.02 |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - | 0.27 |
| 9 | Circle Internet | 21.30 Bn | 15.18 Bn | 288.85 Mn | 0.04 |
| 10 | Solana | 185.83 Mn | 46.40 Mn | 2.45 Mn | 0.06 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.06 |
| Mar 31, 2026 | 0.04 |
| Dec 31, 2025 | 0.02 |
| Sep 30, 2025 | 0.00 |
| Jun 30, 2025 | 0.05 |
| Mar 31, 2025 | 0.12 |
| Dec 31, 2024 | 0.11 |
| Sep 30, 2024 | 0.07 |
| Jun 30, 2024 | 0.08 |
| Mar 31, 2024 | 0.10 |
| Dec 31, 2023 | 0.08 |
| Sep 30, 2023 | 0.08 |
| Jun 30, 2023 | 0.07 |
| Mar 31, 2023 | 0.05 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.06 |
| Jun 30, 2022 | 0.08 |
| Mar 31, 2022 | 0.05 |
| Dec 31, 2021 | 0.05 |
| Sep 30, 2021 | 0.05 |
API Access
Solana Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HSDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HSDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HSDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();