Solana (HSDT) FCF Margin (2019 - 2026)

Solana's (HSDT) quarterly FCF Margin came in at 133.42% in Q1 2026, up 708291.0% year-on-year from N/an in Q1 2025, and down 12.25% quarter-over-quarter from 118.86% in Q4 2025.

Solana (HSDT) FCF Margin (2019 - 2026) Analysis & Trends

Solana has disclosed FCF Margin across 8 years of filings, most recently posting 133.42% for Q1 2026.

  • FCF Margin for Q1 2026 came in at 133.42%, up 708291.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 185.92% (up 248136.0% YoY), and the FY2025 annual result was 274.46%, up 184978.0% from the prior year.
  • FCF Margin came in at 133.42% for Q1 2026 at Solana, down from 118.86% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 118.86% in Q4 2025 to a low of 8354.55% in Q2 2025.
  • The 5-year median for FCF Margin is 1718.88% (2023), against an average of 2508.03%.
  • Across the five-year window, FCF Margin tumbled 676608 bps in 2025 and soared 708291 bps in 2026, its largest moves.
  • Solana's FCF Margin stood at 784.25% in 2022, then tumbled by 60 bps to 1257.41% in 2023, then dropped by 24 bps to 1564.47% in 2024, then jumped by 92 bps to 118.86% in 2025, then fell by 12 bps to 133.42% in 2026.
  • The last three FCF Margin figures came in at 133.42% (Q1 2026), 118.86% (Q4 2025), and 574.89% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - -16.21%
2 Blackstone 96.85 Bn 95.80 Bn - 26.47%
3 Kkr 86.45 Bn 133.96 Bn - 39.82%
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 32.02%
5 State Street 46.95 Bn 21.27 Bn - -327.00%
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 8.80%
7 Northern Trust 31.92 Bn 31.92 Bn - -24.56%
8 Raymond James Financial 30.62 Bn 19.37 Bn - 24.73%
9 Ares Management 29.04 Bn 32.41 Bn - 27.99%
10 Solana 165.46 Mn 161.06 Mn 3.44 Mn -133.42%

Historic Data

Download Data
DateValue
Mar 31, 2026 -133.42%
Dec 31, 2025 -118.86%
Sep 30, 2025 -574.89%
Jun 30, 2025 -8,354.55%
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 -2,424.19%
Dec 31, 2023 -1,257.41%
Sep 30, 2023 -1,718.88%
Jun 30, 2023 -1,070.70%
Mar 31, 2023 -2,890.99%
Dec 31, 2022 -784.25%
Sep 30, 2022 -1,953.06%
Jun 30, 2022 -3,087.39%
Mar 31, 2022 -2,465.26%
Dec 31, 2021 -1,220.00%
Sep 30, 2021 -3,217.65%
Jun 30, 2021 -5,955.56%