Growth Metrics

Solana (HSDT) Operating Expenses (2018 - 2025)

Solana's Operating Expenses history spans 8 years, with the latest figure at $36.0 million for Q3 2025.

  • For Q3 2025, Operating Expenses rose 816.27% year-over-year to $36.0 million; the TTM value through Sep 2025 reached $46.4 million, up 257.3%, while the annual FY2024 figure was $13.8 million, 10.83% up from the prior year.
  • Operating Expenses for Q3 2025 was $36.0 million at Solana, up from $3.3 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $36.0 million in Q3 2025 and bottomed at $2.3 million in Q4 2023.
  • The 5-year median for Operating Expenses is $3.6 million (2021), against an average of $5.5 million.
  • The largest annual shift saw Operating Expenses tumbled 43.91% in 2022 before it soared 816.27% in 2025.
  • A 5-year view of Operating Expenses shows it 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 1046.14% to $36.0 million in 2025.
  • Per Business Quant, the three most recent readings for HSDT's Operating Expenses are $36.0 million (Q3 2025), $3.3 million (Q2 2025), and $3.9 million (Q1 2025).