Solana (HSDT) Gross Margin (2019 - 2026)
Solana recorded quarterly Gross Margin of 95.03% in Q1 2026, down 1.58% quarter-over-quarter from 96.56% in Q4 2025, and up 24197.0% year-over-year from N/an in Q1 2025.
Solana's Gross Margin history runs 8 years deep, the most recent figure standing at 95.03% for Q1 2026.
- In Q1 2026, Gross Margin rose 24197.0% year-over-year to 95.03%; the TTM figure through Mar 2026 stood at 94.27% (up 12791.0% YoY), while the FY2025 annual figure was 91.69%, up 10361.0% from the prior year.
- Gross Margin came in at 95.03% for Q1 2026 at Solana, down from 96.56% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 96.56% in Q4 2025 to a low of 266.67% in Q3 2024.
- A 5-year average of 4.8% and a median of 27.16% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 23590 bps in 2024 and jumped 35189 bps in 2025, its largest moves.
- Solana's Gross Margin stood at 48.35% in 2022, then tumbled by 44 bps to 27.16% in 2023, then sank by 105 bps to 1.32% in 2024, then jumped by 7438 bps to 96.56% in 2025, then dropped by 2 bps to 95.03% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 95.03%, 96.56%, and 85.22% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 99.70% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 93.51% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Solana | 176.63 Mn | 172.23 Mn | 3.44 Mn | 95.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 95.03% |
| Dec 31, 2025 | -2,094.61% |
| Sep 30, 2025 | 85.22% |
| Jun 30, 2025 | -123.26% |
| Mar 31, 2025 | -189.47% |
| Dec 31, 2024 | -1.32% |
| Sep 30, 2024 | -266.67% |
| Jun 30, 2024 | 35.16% |
| Mar 31, 2024 | 9.68% |
| Dec 31, 2023 | 35.77% |
| Sep 30, 2023 | -33.33% |
| Jun 30, 2023 | 28.13% |
| Mar 31, 2023 | -10.38% |
| Dec 31, 2022 | 46.98% |
| Sep 30, 2022 | 48.72% |
| Jun 30, 2022 | 26.05% |
| Mar 31, 2022 | 36.07% |
| Dec 31, 2021 | 46.07% |
| Sep 30, 2021 | 22.55% |
| Jun 30, 2021 | 5.63% |
| Mar 31, 2021 | 82.14% |
| Dec 31, 2020 | -5.24% |
| Sep 30, 2020 | 83.21% |
| Jun 30, 2020 | 51.88% |
| Mar 31, 2020 | 51.21% |
| Dec 31, 2019 | -3,120.00% |
| Sep 30, 2019 | 40.67% |
| Jun 30, 2019 | 59.07% |
| Mar 31, 2019 | 65.14% |