Solana (HSDT) Net Margin (2019 - 2026)
Solana's (HSDT) quarterly Net Margin came in at 1197.78% in Q2 2026, up 2166966.0% year-over-year from N/an in Q2 2025, and up 56.54% quarter-over-quarter from 2756.12% in Q1 2026.
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Solana (HSDT) Net Margin (2019 - 2026) Analysis & Trends
Solana has disclosed Net Margin across 8 years of filings, most recently posting 1197.78% for Q2 2026.
- In Q2 2026, Net Margin rose 2166966.0% year-over-year to 1197.78%; the TTM figure through Jun 2026 stood at 1302.78% (up 591247.0% YoY), while the FY2025 annual figure was 679.57%, up 157850.0% from the prior year.
- Net Margin came in at 1197.78% for Q2 2026 at Solana, up from 2756.12% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 6227.07% in Q4 2025 to a low of 50612.34% in Q3 2025.
- Average Net Margin over 5 years is 5865.53%, with a median of 2267.11% recorded in 2022.
- Year-over-year, Net Margin sank 4338489 bps in 2025 and surged 2166966 bps in 2026.
- Over 5 years, Net Margin stood at 1732.62% in 2022, then surged by 55 bps to 779.85% in 2023, then slumped by 231 bps to 2584.21% in 2024, then soared by 341 bps to 6227.07% in 2025, then tumbled by 119 bps to 1197.78% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 1197.78% in Q2 2026, 2756.12% in Q1 2026, and 6227.07% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.16 Bn | 19.43 Bn | 288.85 Mn | 6.87% |
| 2 | Galaxy Digital | 9.54 Bn | 8.88 Bn | 8.38 Bn | -1.00% |
| 3 | Gemini Space Station | 573.86 Mn | 385.24 Mn | - | -236.89% |
| 4 | Solana | 177.06 Mn | 173.41 Mn | 2.45 Mn | -1,197.78% |
| 5 | Empery Digital | 85.45 Mn | 85.45 Mn | -68,184.00 | -53,780.27% |
| 6 | Metalpha Technology Holding | 40.05 Mn | 36.11 Mn | - | - |
| 7 | Fold Holdings | 29.71 Mn | 1.31 Mn | 5.36 Mn | -158.48% |
| 8 | Amber International Holding | 28.97 Mn | -4.44 Mn | 11.06 Mn | 10.76% |
| 9 | Fabric.AI | 10.06 Mn | -11.61 Mn | - | - |
| 10 | CEA Industries | 7.41 Mn | 324,022.19 | 1.96 Mn | -159.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1,197.78% |
| Mar 31, 2026 | -2,756.12% |
| Dec 31, 2025 | 6,227.07% |
| Sep 30, 2025 | -50,612.34% |
| Jun 30, 2025 | -22,867.44% |
| Mar 31, 2025 | -7,832.65% |
| Dec 31, 2024 | -2,584.21% |
| Sep 30, 2024 | -7,227.45% |
| Jun 30, 2024 | -885.71% |
| Mar 31, 2024 | -1,863.70% |
| Dec 31, 2023 | -779.85% |
| Sep 30, 2023 | -2,561.54% |
| Jun 30, 2023 | -643.75% |
| Mar 31, 2023 | -2,246.85% |
| Dec 31, 2022 | -1,732.62% |
| Sep 30, 2022 | -525.51% |
| Jun 30, 2022 | -3,201.68% |
| Mar 31, 2022 | -2,287.37% |
| Dec 31, 2021 | -1,589.92% |
| Sep 30, 2021 | -4,300.00% |