Solana (HSDT) Free Cash Flow (2015 - 2026)
Solana's Free Cash Flow came in at -$11.89 million for Q2 2026, compared with -$2.76 million a year earlier.
Solana (HSDT) Free Cash Flow (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Solana reported Free Cash Flow of -$26.94 million; for FY2025, it came in at -$16.51 million.
- Going back by year, Free Cash Flow was -$11.05 million in FY2024, -$10.45 million in FY2023, -$14.33 million in FY2022 and -$13.44 million in FY2021.
- The Q2 2026 figure represents the lowest quarterly Free Cash Flow in data going back to Q3 2017.
- Business Quant data shows HSDT's Free Cash Flow at -$4.83 million (Q1 2026), -$6.18 million (Q4 2025) and -$4.04 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 110.77 Bn | 98.87 Bn | - | 923.50 Mn |
| 2 | Intercontinental Exchange | 92.23 Bn | 85.96 Bn | - | 1.85 Bn |
| 3 | Robinhood Markets | 86.47 Bn | 67.50 Bn | - | 708.00 Mn |
| 4 | Nasdaq | 57.69 Bn | 55.12 Bn | 1.50 Bn | 634.00 Mn |
| 5 | Interactive Brokers | 36.90 Bn | 14.02 Bn | - | 6.20 Bn |
| 6 | Cboe Global Markets | 34.50 Bn | 26.16 Bn | 731.60 Mn | -536.30 Mn |
| 7 | Tradeweb Markets | 25.88 Bn | 17.90 Bn | - | 385.77 Mn |
| 8 | LPL Financial Holdings | 25.65 Bn | 20.97 Bn | - | 202.51 Mn |
| 9 | Circle Internet | 21.18 Bn | 15.06 Bn | 288.85 Mn | 516.40 Mn |
| 10 | Solana | 180.25 Mn | 40.82 Mn | 2.45 Mn | -11.89 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.89 Mn |
| Mar 31, 2026 | -4.83 Mn |
| Dec 31, 2025 | -6.18 Mn |
| Sep 30, 2025 | -4.04 Mn |
| Jun 30, 2025 | -2.76 Mn |
| Mar 31, 2025 | -3.54 Mn |
| Dec 31, 2024 | -2.38 Mn |
| Sep 30, 2024 | -2.77 Mn |
| Jun 30, 2024 | -2.89 Mn |
| Mar 31, 2024 | -3.01 Mn |
| Dec 31, 2023 | -2.04 Mn |
| Sep 30, 2023 | -2.46 Mn |
| Jun 30, 2023 | -2.74 Mn |
| Mar 31, 2023 | -3.21 Mn |
| Dec 31, 2022 | -2.14 Mn |
| Sep 30, 2022 | -3.83 Mn |
| Jun 30, 2022 | -3.67 Mn |
| Mar 31, 2022 | -4.68 Mn |
| Dec 31, 2021 | -3.47 Mn |
| Sep 30, 2021 | -3.27 Mn |
Solana Free Cash Flow 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=free-cash-flow&ticker=HSDT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=HSDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();