Solana (HSDT) Cost of Revenue (2019 - 2026)
Solana's (HSDT) quarterly Cost of Revenue came in at $180000.0 in Q1 2026, up 48.76% year-on-year from $121000.0 in Q1 2025, and little changed quarter-over-quarter from $180000.0 in Q4 2025.
Solana (HSDT) Cost of Revenue (2019 - 2026) Analysis & Trends
Solana has disclosed Cost of Revenue across 8 years of filings, most recently posting $180000.0 for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $180000.0, up 48.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $559000.0 (down 3.62% YoY), and the FY2025 annual result was $500000.0, down 14.09% from the prior year.
- Cost of Revenue came in at $180000.0 for Q1 2026 at Solana, roughly flat from $180000.0 in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $187000.0 in Q3 2023 to a low of $88000.0 in Q2 2022.
- The 5-year median for Cost of Revenue is $123000.0 (2024), against an average of $135764.7.
- Across the five-year window, Cost of Revenue soared 726.67% in 2022 and tumbled 44.92% in 2025, its largest moves.
- Solana's Cost of Revenue stood at $150000.0 in 2022, then sank by 40.0% to $90000.0 in 2023, then jumped by 71.11% to $154000.0 in 2024, then gained by 16.88% to $180000.0 in 2025, then changed by 0.0% to $180000.0 in 2026.
- The last three Cost of Revenue figures came in at $180000.0 (Q1 2026), $180000.0 (Q4 2025), and $103000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 160.20 Bn | 150.57 Bn | - | - |
| 2 | Blackstone | 96.40 Bn | 95.35 Bn | - | - |
| 3 | Kkr | 85.87 Bn | 133.39 Bn | - | - |
| 4 | Apollo Global Management | 79.90 Bn | 98.63 Bn | 5.04 Bn | 15.00 Mn |
| 5 | State Street | 46.62 Bn | 20.95 Bn | - | - |
| 6 | Ameriprise Financial | 42.78 Bn | 42.65 Bn | 4.57 Bn | 317.00 Mn |
| 7 | Northern Trust | 32.35 Bn | 32.35 Bn | - | - |
| 8 | Ares Management | 30.25 Bn | 33.62 Bn | - | - |
| 9 | Raymond James Financial | 30.24 Bn | 18.99 Bn | - | - |
| 10 | Solana | 157.34 Mn | 152.94 Mn | 3.44 Mn | 180,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 180,000.00 |
| Mar 31, 2026 | 180,000.00 |
| Dec 31, 2025 | 180,000.00 |
| Dec 31, 2025 | 180,000.00 |
| Sep 30, 2025 | 103,000.00 |
| Sep 30, 2025 | 103,000.00 |
| Jun 30, 2025 | 96,000.00 |
| Jun 30, 2025 | 96,000.00 |
| Mar 31, 2025 | 121,000.00 |
| Mar 31, 2025 | 121,000.00 |
| Dec 31, 2024 | 154,000.00 |
| Dec 31, 2024 | 154,000.00 |
| Sep 30, 2024 | 187,000.00 |
| Sep 30, 2024 | 187,000.00 |
| Jun 30, 2024 | 118,000.00 |
| Jun 30, 2024 | 118,000.00 |
| Mar 31, 2024 | 123,000.00 |
| Mar 31, 2024 | 123,000.00 |
| Dec 31, 2023 | 90,000.00 |
| Dec 31, 2023 | 90,000.00 |