Solana (HSDT) Gross Margin (2019 - 2026)
Solana (HSDT) reported Gross Margin of 95.03% for Q1 2026, up 24197.0% on a YoY basis from N/an in Q1 2025, and down 1.58% sequentially from 96.56% in Q4 2025.
Solana (HSDT) Gross Margin (2019 - 2026) Analysis & Trends
Solana (HSDT) has 8 years of Gross Margin data on file, last reported at 95.03% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 24197.0% year-over-year to 95.03%; the trailing twelve-month figure through Mar 2026 stood at 94.27% (up 12791.0% YoY), and the FY2025 full-year result was 91.69%, up 10361.0% from the prior year.
- Gross Margin retreated to 95.03% in Q1 2026, 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 4.4% and a median of 28.12% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 23333 bps in 2024 and soared 35189 bps in 2025, its largest moves.
- Tracing HSDT's Gross Margin over 5 years: stood at 48.35% in 2022, then declined by 26 bps to 35.77% in 2023, then tumbled by 104 bps to 1.32% in 2024, then surged by 7438 bps to 96.56% in 2025, then decreased by 2 bps to 95.03% in 2026.
- Business Quant data shows HSDT's Gross Margin at 95.03% in Q1 2026, 96.56% in Q4 2025, and 85.22% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 99.89% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -188.48% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | - |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 93.51% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | - |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Solana | 190.40 | -4.39 Mn | 3.44 Mn | 95.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 95.03% |
| Dec 31, 2025 | 96.56% |
| Sep 30, 2025 | 85.22% |
| Jun 30, 2025 | -160.61% |
| Mar 31, 2025 | -146.94% |
| 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 | 48.35% |
| Sep 30, 2022 | 48.47% |
| Jun 30, 2022 | 26.05% |
| Mar 31, 2022 | 36.07% |
| Dec 31, 2021 | 51.39% |
| Sep 30, 2021 | 22.55% |
| Jun 30, 2021 | 6.35% |