Solana (HSDT) Enterprise Value (2015 - 2026)
Solana's Enterprise Value came in at $127.95 million for Q2 2026, compared with -$4.98 million a year earlier and down 0.3% from the prior quarter.
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Analysis
Solana (HSDT) Enterprise Value (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Solana reported Enterprise Value of -$7.83 million; for FY2025, it was -$6.76 million.
- Going back by year, Enterprise Value was $89.69 million in FY2024 (-68.2%), $282.06 million in FY2023 (+46.4%), $192.64 million in FY2022 (-69.3%) and $626.59 million in FY2021 (-20.4%).
- The five-year range for quarterly Enterprise Value is -$4.98 million (Q2 2025) to $1.72 billion (Q3 2021).
- Year-over-year, Enterprise Value increased in 1 of the last six quarters, with an average decline of 53.6%.
- The fastest year-over-year change in Enterprise Value over five years came in Q3 2023 (growth of 216.0%), and the weakest in Q3 2022 (a decline of 94.1%).
- Business Quant data shows HSDT's Enterprise Value at $128.35 million (Q1 2026), $23.71 million (Q4 2025) and $35.58 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 106.56 Bn | 94.66 Bn | - |
| 2 | Intercontinental Exchange | 89.45 Bn | 83.19 Bn | - |
| 3 | Robinhood Markets | 88.18 Bn | 69.22 Bn | - |
| 4 | Nasdaq | 53.47 Bn | 50.90 Bn | 1.50 Bn |
| 5 | Interactive Brokers | 37.14 Bn | 14.26 Bn | - |
| 6 | Cboe Global Markets | 33.00 Bn | 24.66 Bn | 731.60 Mn |
| 7 | LPL Financial Holdings | 25.71 Bn | 21.03 Bn | - |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - |
| 9 | Circle Internet | 21.30 Bn | 15.18 Bn | 288.85 Mn |
| 10 | Solana | 185.83 Mn | 46.40 Mn | 2.45 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 127.95 Mn |
| Mar 31, 2026 | 128.35 Mn |
| Dec 31, 2025 | 56.44 Mn |
| Sep 30, 2025 | 35.58 Mn |
| Jun 30, 2025 | -4.98 Mn |
| Mar 31, 2025 | 121.74 Mn |
| Dec 31, 2024 | 89.69 Mn |
| Sep 30, 2024 | 98.78 Mn |
| Jun 30, 2024 | 116.99 Mn |
| Mar 31, 2024 | 255.18 Mn |
| Dec 31, 2023 | 282.06 Mn |
| Sep 30, 2023 | 319.78 Mn |
| Jun 30, 2023 | 262.81 Mn |
| Mar 31, 2023 | 348.40 Mn |
| Dec 31, 2022 | 192.64 Mn |
| Sep 30, 2022 | 101.21 Mn |
| Jun 30, 2022 | 244.23 Mn |
| Mar 31, 2022 | 619.40 Mn |
| Dec 31, 2021 | 626.59 Mn |
| Sep 30, 2021 | 1.72 Bn |
API Access
Solana Enterprise Value 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=enterprise-value&ticker=HSDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=HSDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();