Solana (HSDT) Net Income (2016 - 2026)
Solana's (HSDT) quarterly Net Income came in at -$30.3 million in Q2 2026, down 207.7% year-over-year from $28.1 million in Q2 2025, and up 69.68% quarter-over-quarter from -$99.8 million in Q1 2026.
Analysis
Solana (HSDT) Net Income (2016 - 2026) Analysis & Trends
Solana has disclosed Net Income across 11 years of filings, most recently posting -$30.3 million for Q2 2026.
- In Q2 2026, Net Income fell 207.7% year-over-year to -$30.3 million; the TTM figure through Jun 2026 stood at -$148.7 million (down 690.08% YoY), while the FY2025 annual figure was -$32.3 million, down 248.24% from the prior year.
- Net Income came in at -$30.3 million for Q2 2026 at Solana, up from -$99.8 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $334.1 million in Q4 2025 to a low of -$352.8 million in Q3 2025.
- Average Net Income over 5 years is -$10.8 million, with a median of -$3.7 million recorded in 2023.
- The largest YoY upside for Net Income was 22954.86% in 2025 against a maximum downside of 9470.48% in 2025.
- Over 5 years, Net Income stood at -$4.9 million in 2022, then soared by 78.61% to -$1.0 million in 2023, then slumped by 39.9% to -$1.5 million in 2024, then soared by 22954.86% to $334.1 million in 2025, then tumbled by 109.05% to -$30.3 million in 2026.
- Per Business Quant data, the three most recent Net Income figures were -$30.3 million in Q2 2026, -$99.8 million in Q1 2026, and $334.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 23.15 Bn | 21.42 Bn | 288.85 Mn | 48.21 Mn |
| 2 | Galaxy Digital | 4.86 Bn | 3.30 Bn | 8.38 Bn | -85.32 Mn |
| 3 | Gemini Space Station | 545.12 Mn | 356.50 Mn | - | -107.72 Mn |
| 4 | Solana | 176.26 Mn | 172.62 Mn | 2.45 Mn | -30.26 Mn |
| 5 | Empery Digital | 85.00 Mn | 85.00 Mn | -68,184.00 | -43.03 Mn |
| 6 | Metalpha Technology Holding | 42.47 Mn | 38.53 Mn | - | - |
| 7 | Fold Holdings | 29.04 Mn | 637,726.97 | 5.36 Mn | -9.70 Mn |
| 8 | Amber International Holding | 16.89 Mn | -17.36 Mn | 11.06 Mn | 35,000.00 |
| 9 | Fabric.AI | 10.22 Mn | -11.45 Mn | - | -12.48 Mn |
| 10 | CEA Industries | 5.16 Mn | 2.10 Mn | 2.64 Mn | -55.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -30.26 Mn |
| Mar 31, 2026 | -99.80 Mn |
| Dec 31, 2025 | 334.14 Mn |
| Sep 30, 2025 | -352.77 Mn |
| Jun 30, 2025 | -9.83 Mn |
| Mar 31, 2025 | -3.84 Mn |
| Dec 31, 2024 | -1.46 Mn |
| Sep 30, 2024 | -3.69 Mn |
| Jun 30, 2024 | -1.61 Mn |
| Mar 31, 2024 | -2.52 Mn |
| Dec 31, 2023 | -1.05 Mn |
| Sep 30, 2023 | -3.66 Mn |
| Jun 30, 2023 | -1.65 Mn |
| Mar 31, 2023 | -2.49 Mn |
| Dec 31, 2022 | -4.89 Mn |
| Sep 30, 2022 | -1.03 Mn |
| Jun 30, 2022 | -3.81 Mn |
| Mar 31, 2022 | -4.35 Mn |
| Dec 31, 2021 | -4.10 Mn |
| Sep 30, 2021 | -4.69 Mn |