Growth Metrics

Solana (HSDT) Operating Expenses (2016 - 2025)

Solana's Operating Expenses history spans 8 years, with the latest figure at $206.1 million for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 6453.35% to $206.1 million in Q4 2025 year-over-year; TTM through Dec 2025 was $249.4 million, a 1701.57% increase, with the full-year FY2025 number at $249.4 million, up 1701.58% from a year prior.
  • Operating Expenses hit $206.1 million in Q4 2025 for Solana, up from $36.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for HSDT hit a ceiling of $206.1 million in Q4 2025 and a floor of $2.3 million in Q4 2023.
  • Historically, Operating Expenses has averaged $15.5 million across 5 years, with a median of $3.7 million in 2021.
  • Biggest five-year swings in Operating Expenses: crashed 43.91% in 2022 and later skyrocketed 6453.35% in 2025.
  • Tracing HSDT's Operating Expenses over 5 years: stood at $4.2 million in 2021, then plummeted by 33.8% to $2.8 million in 2022, then decreased by 18.24% to $2.3 million in 2023, then skyrocketed by 37.34% to $3.1 million in 2024, then skyrocketed by 6453.35% to $206.1 million in 2025.
  • Business Quant data shows Operating Expenses for HSDT at $206.1 million in Q4 2025, $36.0 million in Q3 2025, and $3.3 million in Q2 2025.