Solana (HSDT) Operating Income (2016 - 2026)

Solana's (HSDT) quarterly Operating Income came in at -$99.6 million in Q1 2026, down 2383.62% year-on-year from $4.4 million in Q1 2025, and up 50.45% quarter-over-quarter from -$201.1 million in Q4 2025.

Solana (HSDT) Operating Income (2016 - 2026) Analysis & Trends

Solana has disclosed Operating Income across 11 years of filings, most recently posting -$99.6 million for Q1 2026.

  • Operating Income for Q1 2026 came in at -$99.6 million, down 2383.62% year-over-year; the trailing twelve-month figure through Mar 2026 was -$339.4 million (down 10989.35% YoY), and the FY2025 annual result was -$243.8 million, down 9788.08% from the prior year.
  • Operating Income came in at -$99.6 million for Q1 2026 at Solana, up from -$201.1 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $8.3 million in Q4 2023 to a low of -$201.1 million in Q4 2025.
  • The 5-year median for Operating Income is -$3.4 million (2022), against an average of -$21.4 million.
  • Across the five-year window, Operating Income jumped 411.88% in 2023 and plunged 2525.27% in 2025, its largest moves.
  • Solana's Operating Income stood at -$2.7 million in 2022, then surged by 411.88% to $8.3 million in 2023, then fell by 0.41% to $8.3 million in 2024, then slumped by 2525.27% to -$201.1 million in 2025, then soared by 50.45% to -$99.6 million in 2026.
  • The last three Operating Income figures came in at -$99.6 million (Q1 2026), -$201.1 million (Q4 2025), and -$35.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 2.81 Bn
2 Blackstone 96.85 Bn 95.80 Bn - -
3 Kkr 86.45 Bn 133.96 Bn - 1.99 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 79.00 Mn
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 901.00 Mn
7 Northern Trust 31.92 Bn 31.92 Bn - -
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - -
10 Solana 165.46 Mn 161.06 Mn 3.44 Mn -99.62 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -99.62 Mn
Dec 31, 2025 -201.06 Mn
Sep 30, 2025 -35.45 Mn
Jun 30, 2025 -3.32 Mn
Mar 31, 2025 -4.01 Mn
Dec 31, 2024 8.29 Mn
Sep 30, 2024 -4.07 Mn
Jun 30, 2024 -3.27 Mn
Mar 31, 2024 -3.42 Mn
Dec 31, 2023 8.32 Mn
Sep 30, 2023 -3.15 Mn
Jun 30, 2023 -3.22 Mn
Mar 31, 2023 -3.81 Mn
Dec 31, 2022 -2.67 Mn
Sep 30, 2022 -4.85 Mn
Jun 30, 2022 -3.43 Mn
Mar 31, 2022 -4.56 Mn
Dec 31, 2021 -4.10 Mn
Sep 30, 2021 -4.37 Mn
Jun 30, 2021 -6.17 Mn