Solana (HSDT) Operating Expenses (2016 - 2026)

Solana has disclosed Operating Expenses across 11 years of filings, most recently posting $35.1 million for Q2 2026.

• In Q2 2026, Operating Expenses rose 974.4% year-over-year to $35.1 million; the TTM figure through Jun 2026 stood at $380.3 million (up 2562.06% YoY), while the FY2025 annual figure was $249.4 million, up 1701.58% from the prior year.
• Operating Expenses came in at $35.1 million for Q2 2026 at Solana, down from $103.1 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.
• Average Operating Expenses over 5 years is $23.9 million, with a median of $3.6 million recorded in 2022.
• Year-over-year, Operating Expenses plunged 43.91% in 2022 and soared 6453.35% in 2025.
• Over 5 years, 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 82.96% to $35.1 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $35.1 million in Q2 2026, $103.1 million in Q1 2026, and $206.1 million in Q4 2025.