Solana (HSDT) EBITDA (2016 - 2026)
Solana's (HSDT) quarterly EBITDA came in at -$99.6 million in Q1 2026, down 2460.61% year-on-year from $4.2 million in Q1 2025, and down 130.61% quarter-over-quarter from $325.3 million in Q4 2025.
Solana (HSDT) EBITDA (2016 - 2026) Analysis & Trends
Solana has disclosed EBITDA across 11 years of filings, most recently posting -$99.6 million for Q1 2026.
- EBITDA for Q1 2026 came in at -$99.6 million, down 2460.61% year-over-year; the trailing twelve-month figure through Mar 2026 was -$137.2 million (down 1006.52% YoY), and the FY2025 annual result was -$41.5 million, down 286.4% from the prior year.
- EBITDA came in at -$99.6 million for Q1 2026 at Solana, down from $325.3 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $325.3 million in Q4 2025 to a low of -$352.5 million in Q3 2025.
- The 5-year median for EBITDA is -$3.5 million (2022), against an average of -$10.3 million.
- Peak annual rise in EBITDA reached 10369.89% in 2025, while the deepest fall reached 9014.09% in 2025.
- Solana's EBITDA stood at -$5.0 million in 2022, then jumped by 75.03% to -$1.3 million in 2023, then sank by 151.63% to -$3.2 million in 2024, then jumped by 10369.89% to $325.3 million in 2025, then plunged by 130.61% to -$99.6 million in 2026.
- The last three EBITDA figures came in at -$99.6 million (Q1 2026), $325.3 million (Q4 2025), and -$352.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 2.81 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 1.59 Bn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 1.99 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 79.00 Mn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 2.79 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 901.00 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 2.28 Bn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 524.00 Mn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 363.68 Mn |
| 10 | Solana | 165.46 Mn | 161.06 Mn | 3.44 Mn | -99.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -99.58 Mn |
| Dec 31, 2025 | 325.35 Mn |
| Sep 30, 2025 | -352.53 Mn |
| Jun 30, 2025 | -10.41 Mn |
| Mar 31, 2025 | -3.89 Mn |
| Dec 31, 2024 | -3.17 Mn |
| Sep 30, 2024 | -3.87 Mn |
| Jun 30, 2024 | -1.47 Mn |
| Mar 31, 2024 | -2.23 Mn |
| Dec 31, 2023 | -1.26 Mn |
| Sep 30, 2023 | -3.47 Mn |
| Jun 30, 2023 | -1.92 Mn |
| Mar 31, 2023 | -2.49 Mn |
| Dec 31, 2022 | -5.04 Mn |
| Sep 30, 2022 | -286,000.00 |
| Jun 30, 2022 | -3.46 Mn |
| Mar 31, 2022 | -4.55 Mn |
| Dec 31, 2021 | -4.10 Mn |
| Sep 30, 2021 | -4.40 Mn |
| Jun 30, 2021 | -6.17 Mn |