Solana (HSDT) FCF Margin (2019 - 2026)
Solana's (HSDT) quarterly FCF Margin came in at 470.78% in Q2 2026, up 594084.0% year-over-year from N/an in Q2 2025, and down 252.87% quarter-over-quarter from 133.42% in Q1 2026.
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Solana (HSDT) FCF Margin (2019 - 2026) Analysis & Trends
Solana has disclosed FCF Margin across 8 years of filings, most recently posting 470.78% for Q2 2026.
- In Q2 2026, FCF Margin rose 594084.0% year-over-year to 470.78%; the TTM figure through Jun 2026 stood at 3707.94% (up 17070.0% YoY), while the FY2025 annual figure was 7265.96%, down 514173.0% from the prior year.
- FCF Margin came in at 470.78% for Q2 2026 at Solana, down from 133.42% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 133.42% in Q1 2026 to a low of 38942.18% in Q3 2025.
- Average FCF Margin over 5 years is 4583.52%, with a median of 2089.86% recorded in 2024.
- Year-over-year, FCF Margin sank 3350885 bps in 2025 and jumped 708291 bps in 2026.
- Over 5 years, FCF Margin stood at 759.22% in 2022, then tumbled by 100 bps to 1520.15% in 2023, then fell by 3 bps to 1564.47% in 2024, then slumped by 95 bps to 3050.36% in 2025, then jumped by 85 bps to 470.78% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 470.78% in Q2 2026, 133.42% in Q1 2026, and 3050.36% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.16 Bn | 19.43 Bn | 288.85 Mn | 70.91% |
| 2 | Galaxy Digital | 9.54 Bn | 8.88 Bn | 8.38 Bn | -0.31% |
| 3 | Gemini Space Station | 573.86 Mn | 385.24 Mn | - | -112.31% |
| 4 | Solana | 177.06 Mn | 173.41 Mn | 2.45 Mn | -470.78% |
| 5 | Empery Digital | 85.45 Mn | 85.45 Mn | -68,184.00 | -8,619.54% |
| 6 | Metalpha Technology Holding | 40.05 Mn | 36.11 Mn | - | - |
| 7 | Fold Holdings | 29.71 Mn | 1.31 Mn | 5.36 Mn | -159.68% |
| 8 | Amber International Holding | 28.97 Mn | -4.44 Mn | 11.06 Mn | - |
| 9 | Fabric.AI | 10.06 Mn | -11.61 Mn | - | - |
| 10 | CEA Industries | 7.41 Mn | 324,022.19 | 1.96 Mn | -92.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -470.78% |
| Mar 31, 2026 | -133.42% |
| Dec 31, 2025 | -3,050.36% |
| Sep 30, 2025 | -38,942.18% |
| Jun 30, 2025 | -6,411.63% |
| Mar 31, 2025 | -7,216.33% |
| Dec 31, 2024 | -1,564.47% |
| Sep 30, 2024 | -5,433.33% |
| Jun 30, 2024 | -1,588.46% |
| Mar 31, 2024 | -2,226.67% |
| Dec 31, 2023 | -1,520.15% |
| Sep 30, 2023 | -1,718.88% |
| Jun 30, 2023 | -1,070.70% |
| Mar 31, 2023 | -2,890.99% |
| Dec 31, 2022 | -759.22% |
| Sep 30, 2022 | -1,953.06% |
| Jun 30, 2022 | -3,087.39% |
| Mar 31, 2022 | -2,465.26% |
| Dec 31, 2021 | -1,344.19% |
| Sep 30, 2021 | -2,995.41% |