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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |