Solana (HSDT) Operating Expenses (2016 - 2026)

Solana's Operating Expenses history runs 11 years deep, the most recent figure standing at $103.1 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 2516.37% year-over-year to $103.1 million; the TTM figure through Mar 2026 stood at $348.5 million (up 2328.06% YoY), while the FY2025 annual figure 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.
• A 5-year average of $23.2 million and a median of $3.5 million in 2022 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses plunged 43.91% in 2022 and soared 6453.35% in 2025, its largest moves.
• Solana's Operating Expenses stood at $2.8 million in 2022, then decreased by 18.24% to $2.3 million in 2023, then jumped by 37.34% to $3.1 million in 2024, then jumped by 6453.35% to $206.1 million in 2025, then plunged by 50.0% to $103.1 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $103.1 million, $206.1 million, and $36.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison