Solana (HSDT) Operating Expenses (2016 - 2026)

Solana has disclosed Operating Expenses across 11 years of filings, most recently posting $103.1 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $103.1 million, up 2516.37% year-over-year; the trailing twelve-month figure through Mar 2026 was $348.5 million (up 2328.06% YoY), and the FY2025 annual result was $249.4 million, up 1701.58% from the prior year.
• Operating Expenses came in at $103.1 million for Q1 2026 at Solana, down from $206.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $206.1 million in Q4 2025 to a low of $2.3 million in Q4 2023.
• The 5-year median for Operating Expenses is $3.5 million (2022), against an average of $23.2 million.
• Across the five-year window, Operating Expenses sank 43.91% in 2022 and surged 6453.35% in 2025, its largest moves.
• Solana's Operating Expenses stood at $2.8 million in 2022, then retreated by 18.24% to $2.3 million in 2023, then soared by 37.34% to $3.1 million in 2024, then soared by 6453.35% to $206.1 million in 2025, then sank by 50.0% to $103.1 million in 2026.
• The last three Operating Expenses figures came in at $103.1 million (Q1 2026), $206.1 million (Q4 2025), and $36.0 million (Q3 2025), per Business Quant data.