Solana (HSDT) EBITDA Margin (2019 - 2025)
Solana (HSDT) posted EBITDA Margin of -7704.65% for Q2 2025, down 5916.74 percentage points from -1787.91% a year earlier but up 464.74 percentage points from the prior quarter.
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Solana (HSDT) EBITDA Margin (2019 - 2025) Analysis & Trends
For the trailing twelve months through Jun 30, 2025, EBITDA Margin at Solana was -4916.95%, down 2898.43 percentage points year-over-year; for FY2024, it was -2662.12%, down 757.46 percentage points from FY2023.
- Annual EBITDA Margin shows a five-year change of -1070.87 percentage points (FY2019 to FY2024).
- In prior years, Solana's EBITDA Margin was -1904.66% in FY2023 (+34.48 pp), -1939.14% in FY2022 (+1476.57 pp), -3415.71% in FY2021 (-1312.23 pp) and -2103.48% in FY2020 (-512.24 pp).
- Quarterly EBITDA Margin has run from a low of -8576.06% in Q2 2021 to a high of -932.27% in Q4 2022 over five years.
- On a year-over-year basis, EBITDA Margin has declined in each of the last five quarters, with an average year-over-year change of -2236.04 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q2 2022, with a gain of 5754.21 percentage points; the weakest was Q2 2025, with a drop of 5916.74 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was -8169.39% (Q1 2025), -2062.50% (Q4 2024) and -7949.02% (Q3 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.56 Bn | 94.66 Bn | - | 69.82% |
| 2 | Intercontinental Exchange | 89.45 Bn | 83.19 Bn | - | 49.29% |
| 3 | Robinhood Markets | 88.18 Bn | 69.22 Bn | - | 68.12% |
| 4 | Nasdaq | 53.47 Bn | 50.90 Bn | 1.50 Bn | 34.64% |
| 5 | Interactive Brokers | 37.14 Bn | 14.26 Bn | - | 139.87% |
| 6 | Cboe Global Markets | 33.00 Bn | 24.66 Bn | 731.60 Mn | 34.94% |
| 7 | LPL Financial Holdings | 25.71 Bn | 21.03 Bn | - | 15.45% |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - | 54.88% |
| 9 | Circle Internet | 21.30 Bn | 15.18 Bn | 288.85 Mn | 9.16% |
| 10 | Solana | 185.83 Mn | 46.40 Mn | 2.45 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | -7,704.65% |
| Mar 31, 2025 | -8,169.39% |
| Dec 31, 2024 | -2,062.50% |
| Sep 30, 2024 | -7,949.02% |
| Jun 30, 2024 | -1,787.91% |
| Mar 31, 2024 | -2,518.52% |
| Dec 31, 2023 | -1,660.45% |
| Sep 30, 2023 | -2,175.52% |
| Jun 30, 2023 | -1,238.67% |
| Mar 31, 2023 | -3,386.49% |
| Dec 31, 2022 | -932.27% |
| Sep 30, 2022 | -2,439.80% |
| Jun 30, 2022 | -2,821.85% |
| Mar 31, 2022 | -2,364.21% |
| Dec 31, 2021 | -1,560.85% |
| Sep 30, 2021 | -3,942.20% |
| Jun 30, 2021 | -8,576.06% |
| Mar 31, 2021 | -4,066.67% |
| Dec 31, 2020 | -1,517.80% |
| Sep 30, 2020 | -2,719.08% |
API Access
Solana EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=HSDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "HSDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=HSDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();