Solana (HSDT) Gross Profit (2019 - 2026)
Solana's (HSDT) quarterly Gross Profit came in at $2.4 million in Q2 2026, up 4720.75% year-over-year from $50801.2 in Q2 2025, and down 28.83% quarter-over-quarter from $3.4 million in Q1 2026.
Analysis
Solana (HSDT) Gross Profit (2019 - 2026) Analysis & Trends
Solana has disclosed Gross Profit across 8 years of filings, most recently posting $2.4 million for Q2 2026.
- In Q2 2026, Gross Profit rose 4720.75% year-over-year to $2.4 million; the TTM figure through Jun 2026 stood at $11.5 million (up 4484.79% YoY), while the FY2025 annual figure was $5.5 million, up 8998.39% from the prior year.
- Gross Profit came in at $2.4 million for Q2 2026 at Solana, down from $3.4 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $5.0 million in Q4 2025 to a low of -$136000.0 in Q3 2024.
- Average Gross Profit over 5 years is $651666.7, with a median of $54000.0 recorded in 2023.
- The largest YoY upside for Gross Profit was 252500.0% in 2025 against a maximum downside of 700.0% in 2025.
- Over 5 years, Gross Profit stood at $132000.0 in 2022, then plunged by 66.67% to $44000.0 in 2023, then slumped by 104.55% to -$2000.0 in 2024, then jumped by 252500.0% to $5.0 million in 2025, then tumbled by 51.49% to $2.4 million in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $2.4 million in Q2 2026, $3.4 million in Q1 2026, and $5.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Circle Internet | 21.16 Bn | 19.43 Bn | 288.85 Mn |
| 2 | Galaxy Digital | 9.54 Bn | 8.88 Bn | 8.38 Bn |
| 3 | Gemini Space Station | 573.86 Mn | 385.24 Mn | - |
| 4 | Solana | 177.06 Mn | 173.41 Mn | 2.45 Mn |
| 5 | Empery Digital | 85.45 Mn | 85.45 Mn | -68,184.00 |
| 6 | Metalpha Technology Holding | 40.05 Mn | 36.11 Mn | - |
| 7 | Fold Holdings | 29.71 Mn | 1.31 Mn | 5.36 Mn |
| 8 | Amber International Holding | 28.97 Mn | -4.44 Mn | 11.06 Mn |
| 9 | Fabric.AI | 10.06 Mn | -11.61 Mn | - |
| 10 | CEA Industries | 7.41 Mn | 324,022.19 | 1.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.45 Mn |
| Mar 31, 2026 | 3.44 Mn |
| Dec 31, 2025 | 5.05 Mn |
| Sep 30, 2025 | 594,000.00 |
| Jun 30, 2025 | -53,000.00 |
| Mar 31, 2025 | -72,000.00 |
| Dec 31, 2024 | -2,000.00 |
| Sep 30, 2024 | -136,000.00 |
| Jun 30, 2024 | 64,000.00 |
| Mar 31, 2024 | 12,000.00 |
| Dec 31, 2023 | 44,000.00 |
| Sep 30, 2023 | -44,000.00 |
| Jun 30, 2023 | 72,000.00 |
| Mar 31, 2023 | -11,000.00 |
| Dec 31, 2022 | 132,000.00 |
| Sep 30, 2022 | 95,000.00 |
| Jun 30, 2022 | 31,000.00 |
| Mar 31, 2022 | 66,000.00 |
| Dec 31, 2021 | 129,000.00 |
| Sep 30, 2021 | 23,000.00 |