Solana (HSDT) EBITDA Margin (2019 - 2026)
Solana's (HSDT) quarterly EBITDA Margin came in at 1293.47% in Q2 2026, up 643211.0% year-over-year from N/an in Q2 2025, and up 52.98% quarter-over-quarter from 2751.12% in Q1 2026.
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Solana (HSDT) EBITDA Margin (2019 - 2026) Analysis & Trends
Solana has disclosed EBITDA Margin across 8 years of filings, most recently posting 1293.47% for Q2 2026.
- In Q2 2026, EBITDA Margin rose 643211.0% year-over-year to 1293.47%; the TTM figure through Jun 2026 stood at 3054.97% (up 187723.0% YoY), while the FY2025 annual figure was 4052.52%, down 137886.0% from the prior year.
- EBITDA Margin came in at 1293.47% for Q2 2026 at Solana, up from 2751.12% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 946.45% in Q4 2022 to a low of 8185.71% in Q1 2025.
- Average EBITDA Margin over 5 years is 3363.52%, with a median of 2503.2% recorded in 2022.
- Year-over-year, EBITDA Margin plunged 592888 bps in 2025 and soared 643211 bps in 2026.
- Over 5 years, EBITDA Margin stood at 946.45% in 2022, then sank by 77 bps to 1676.12% in 2023, then decreased by 24 bps to 2070.39% in 2024, then sank by 86 bps to 3845.73% in 2025, then jumped by 66 bps to 1293.47% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 1293.47% in Q2 2026, 2751.12% in Q1 2026, and 3845.73% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.16 Bn | 19.43 Bn | 288.85 Mn | 5.04% |
| 2 | Galaxy Digital | 9.54 Bn | 8.88 Bn | 8.38 Bn | -5.41% |
| 3 | Gemini Space Station | 573.86 Mn | 385.24 Mn | - | -169.19% |
| 4 | Solana | 177.06 Mn | 173.41 Mn | 2.45 Mn | -1,293.47% |
| 5 | Empery Digital | 85.45 Mn | 85.45 Mn | -68,184.00 | -52,572.97% |
| 6 | Metalpha Technology Holding | 40.05 Mn | 36.11 Mn | - | - |
| 7 | Fold Holdings | 29.71 Mn | 1.31 Mn | 5.36 Mn | -139.53% |
| 8 | Amber International Holding | 28.97 Mn | -4.44 Mn | 11.06 Mn | 7.43% |
| 9 | Fabric.AI | 10.06 Mn | -11.61 Mn | - | - |
| 10 | CEA Industries | 7.41 Mn | 324,022.19 | 1.96 Mn | -296.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1,293.47% |
| Mar 31, 2026 | -2,751.12% |
| Dec 31, 2025 | -3,845.73% |
| Sep 30, 2025 | -5,086.08% |
| Jun 30, 2025 | -7,725.58% |
| Mar 31, 2025 | -8,185.71% |
| Dec 31, 2024 | -2,070.39% |
| Sep 30, 2024 | -7,980.39% |
| Jun 30, 2024 | -1,796.70% |
| Mar 31, 2024 | -2,530.37% |
| Dec 31, 2023 | -1,676.12% |
| Sep 30, 2023 | -2,204.90% |
| Jun 30, 2023 | -1,257.42% |
| Mar 31, 2023 | -3,432.43% |
| Dec 31, 2022 | -946.45% |
| Sep 30, 2022 | -2,476.02% |
| Jun 30, 2022 | -2,882.35% |
| Mar 31, 2022 | -2,402.11% |
| Dec 31, 2021 | -1,589.92% |
| Sep 30, 2021 | -4,011.93% |