Solana HSDT
NASDAQ HSDT
$2.20 -0.04 (-1.79%)
At close: Sep 9, 2026 · 4:00 PM EDT

Solana (HSDT) EBIT (2016 - 2026)

Solana's (HSDT) quarterly EBIT came in at -$32.7 million in Q2 2026, down 883.53% year-over-year from $4.2 million in Q2 2025, and up 67.2% quarter-over-quarter from -$99.6 million in Q1 2026.

Analysis

Solana (HSDT) EBIT (2016 - 2026) Analysis & Trends

Solana has disclosed EBIT across 11 years of filings, most recently posting -$32.7 million for Q2 2026.

  • In Q2 2026, EBIT fell 883.53% year-over-year to -$32.7 million; the TTM figure through Jun 2026 stood at -$368.8 million (down 2434.68% YoY), while the FY2025 annual figure was -$243.8 million, down 1653.87% from the prior year.
  • EBIT came in at -$32.7 million for Q2 2026 at Solana, up from -$99.6 million in the prior quarter.
  • In the past five years, EBIT ranged from a high of -$2.2 million in Q4 2023 to a low of -$201.1 million in Q4 2025.
  • Average EBIT over 5 years is -$23.2 million, with a median of -$3.6 million recorded in 2022.
  • Year-over-year, EBIT soared 44.37% in 2022 and sank 6288.78% in 2025.
  • Over 5 years, EBIT stood at -$2.7 million in 2022, then increased by 15.85% to -$2.2 million in 2023, then tumbled by 40.12% to -$3.1 million in 2024, then slumped by 6288.78% to -$201.1 million in 2025, then jumped by 83.75% to -$32.7 million in 2026.
  • Per Business Quant data, the three most recent EBIT figures were -$32.7 million in Q2 2026, -$99.6 million in Q1 2026, and -$201.1 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Circle Internet 23.84 Bn 22.11 Bn 288.85 Mn 34.36 Mn
2 Galaxy Digital 10.29 Bn 9.64 Bn 8.38 Bn -462.79 Mn
3 Gemini Space Station 602.17 Mn 413.55 Mn - -76.94 Mn
4 Solana 178.66 Mn 175.01 Mn 2.45 Mn -32.67 Mn
5 Empery Digital 92.48 Mn 92.48 Mn -68,184.00 -42.07 Mn
6 Metalpha Technology Holding 45.70 Mn 41.76 Mn - -
7 Fold Holdings 29.71 Mn 1.31 Mn 5.36 Mn -8.50 Mn
8 Amber International Holding 24.41 Mn -9.84 Mn 11.06 Mn 1.04 Mn
9 Fabric.AI 10.39 Mn -11.28 Mn - -3.33 Mn
10 CEA Industries 5.97 Mn 2.90 Mn 2.64 Mn -79.43 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -32.67 Mn
Mar 31, 2026 -99.62 Mn
Dec 31, 2025 -201.06 Mn
Sep 30, 2025 -35.45 Mn
Jun 30, 2025 -3.32 Mn
Mar 31, 2025 -4.01 Mn
Dec 31, 2024 -3.15 Mn
Sep 30, 2024 -4.07 Mn
Jun 30, 2024 -3.27 Mn
Mar 31, 2024 -3.42 Mn
Dec 31, 2023 -2.25 Mn
Sep 30, 2023 -3.15 Mn
Jun 30, 2023 -3.22 Mn
Mar 31, 2023 -3.81 Mn
Dec 31, 2022 -2.67 Mn
Sep 30, 2022 -4.85 Mn
Jun 30, 2022 -3.43 Mn
Mar 31, 2022 -4.56 Mn
Dec 31, 2021 -4.10 Mn
Sep 30, 2021 -4.37 Mn