Solana HSDT
NASDAQ HSDT
$2.10 +0.24 (+12.90%)
At close: Aug 21, 2026 · 4:00 PM EDT

Solana (HSDT) Free Cash Flow (2015 - 2026)

Solana (HSDT) posted Free Cash Flow of -$4.8 million for Q1 2026, up 22.29% sequentially from -$6.2 million in Q4 2025, and down 35.75% YoY from -$7.5 million in Q1 2025.

Solana (HSDT) Free Cash Flow (2015 - 2026) Analysis & Trends

Solana has reported Free Cash Flow for 12 years, with the latest figure at -$4.8 million in Q1 2026.

  • Quarterly Free Cash Flow fell 35.75% year-over-year to -$4.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$17.8 million (down 53.58% YoY) and the FY2025 annual result came in at -$16.5 million, down 49.5% from the prior year.
  • Free Cash Flow grew to -$4.8 million in Q1 2026 per HSDT's latest filing, from -$6.2 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at -$2.0 million in Q4 2023 and troughed at -$6.2 million in Q4 2025.
  • A 5-year average of -$3.4 million and a median of -$3.0 million in 2024 frame the typical range for Free Cash Flow.
  • The sharpest annual moves came in 2022 and 2025: Free Cash Flow surged 38.26% in 2022, then plunged 159.76% in 2025.
  • Over 5 years, Free Cash Flow stood at -$2.1 million in 2022, then grew by 4.86% to -$2.0 million in 2023, then declined by 16.74% to -$2.4 million in 2024, then slumped by 159.76% to -$6.2 million in 2025, then advanced by 22.29% to -$4.8 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered -$4.8 million, -$6.2 million, and -$4.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 BlackRock 179.54 Bn 165.67 Bn - 1.12 Bn
2 Blackstone 114.83 Bn 112.32 Bn - 1.91 Bn
3 Kkr 97.26 Bn -179.81 Bn - 3.20 Bn
4 Brookfield 93.07 Bn 45.66 Bn - -
5 Brookfield Asset Management 83.46 Bn 81.96 Bn - 535.00 Mn
6 Apollo Global Management 78.41 Bn 53.04 Bn 10.54 Bn 2.88 Bn
7 State Street 51.66 Bn 51.66 Bn - -3.00 Bn
8 Ameriprise Financial 51.12 Bn 40.07 Bn 4.72 Bn 2.85 Bn
9 Raymond James Financial 33.99 Bn 20.74 Bn - -308.00 Mn
10 Solana 167.49 Mn 163.84 Mn 2.45 Mn -11.89 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.80 Mn
Mar 31, 2026 -4.80 Mn
Dec 31, 2025 -6.18 Mn
Dec 31, 2025 -6.18 Mn
Sep 30, 2025 -4.04 Mn
Sep 30, 2025 -4.04 Mn
Jun 30, 2025 -2.76 Mn
Jun 30, 2025 -2.76 Mn
Mar 31, 2025 -3.54 Mn
Mar 31, 2025 -3.54 Mn
Dec 31, 2024 -2.38 Mn
Dec 31, 2024 -2.38 Mn
Sep 30, 2024 -2.77 Mn
Sep 30, 2024 -2.77 Mn
Jun 30, 2024 -2.89 Mn
Jun 30, 2024 -2.89 Mn
Mar 31, 2024 -3.01 Mn
Mar 31, 2024 -3.01 Mn
Dec 31, 2023 -2.04 Mn
Dec 31, 2023 -2.04 Mn