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

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

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

Solana (HSDT) has 12 years of Free Cash Flow data on file, last reported at -$4.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow fell 35.75% year-over-year to -$4.8 million; the trailing twelve-month figure through Mar 2026 stood at -$17.8 million (down 53.58% YoY), and the FY2025 full-year result was -$16.5 million, down 49.5% from the prior year.
  • Free Cash Flow grew to -$4.8 million in Q1 2026, from -$6.2 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of -$2.0 million in Q4 2023 to a low of -$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.
  • Across the five-year window, Free Cash Flow soared 38.26% in 2022 and slumped 159.76% in 2025, its largest moves.
  • Tracing HSDT's Free Cash Flow over 5 years: stood at -$2.1 million in 2022, then gained by 4.86% to -$2.0 million in 2023, then decreased by 16.74% to -$2.4 million in 2024, then tumbled by 159.76% to -$6.2 million in 2025, then increased by 22.29% to -$4.8 million in 2026.
  • Business Quant data shows HSDT's Free Cash Flow at -$4.8 million in Q1 2026, -$6.2 million in Q4 2025, and -$4.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - -1.09 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 957.64 Mn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 1.62 Bn
5 State Street 51.30 Bn 51.30 Bn - -12.41 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 430.00 Mn
7 Northern Trust 32.93 Bn 32.93 Bn - -329.40 Mn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 1.05 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 762.30 Mn
10 Solana 190.40 -4.39 Mn 3.44 Mn -4.80 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