Solana (HSDT) EBITDA (2016 - 2026)

Solana (HSDT) reported EBITDA of -$99.6 million for Q1 2026, down 2383.62% on a YoY basis from $4.4 million in Q1 2025, and up 50.45% sequentially from -$201.1 million in Q4 2025.

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

Solana (HSDT) has 11 years of EBITDA data on file, last reported at -$99.6 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 2383.62% year-over-year to -$99.6 million; the trailing twelve-month figure through Mar 2026 stood at -$339.4 million (down 2241.32% YoY), and the FY2025 full-year result was -$243.8 million, down 1653.87% from the prior year.
  • EBITDA improved to -$99.6 million in Q1 2026, from -$201.1 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of -$2.2 million in Q4 2023 to a low of -$201.1 million in Q4 2025.
  • A 5-year average of -$22.7 million and a median of -$3.4 million in 2022 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA surged 44.37% in 2022 and plunged 6288.78% in 2025, its largest moves.
  • Tracing HSDT's EBITDA over 5 years: stood at -$2.7 million in 2022, then grew by 15.85% to -$2.2 million in 2023, then slumped by 40.12% to -$3.1 million in 2024, then sank by 6288.78% to -$201.1 million in 2025, then surged by 50.45% to -$99.6 million in 2026.
  • Business Quant data shows HSDT's EBITDA at -$99.6 million in Q1 2026, -$201.1 million in Q4 2025, and -$35.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn 32.70 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 2.81 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 1.59 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 54.00 Mn
5 State Street 51.30 Bn 51.30 Bn - 2.75 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 901.00 Mn
7 Northern Trust 32.93 Bn 32.93 Bn - 2.28 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 1.22 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 680.50 Mn
10 Solana 190.40 -4.39 Mn 3.44 Mn -99.62 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -6.17 Mn