Solana (HSDT) Raw Materials (2018 - 2025)
Solana's (HSDT) quarterly Raw Materials came in at $464000.0 in Q4 2025, down 5.88% year-over-year from $493000.0 in Q4 2024, and down 5.88% quarter-over-quarter from $493000.0 in Q3 2025.
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Analysis
Solana (HSDT) Raw Materials (2018 - 2025) Analysis & Trends
Solana has disclosed Raw Materials across 7 years of filings, most recently posting $464000.0 for Q4 2025.
- In Q4 2025, Raw Materials fell 5.88% year-over-year to $464000.0; the TTM figure through Dec 2025 stood at $464000.0 (down 5.88% YoY), while the FY2025 annual figure was $464000.0, down 5.88% from the prior year.
- Raw Materials came in at $464000.0 for Q4 2025 at Solana, down from $493000.0 in the prior quarter.
- In the past five years, Raw Materials ranged from a high of $575000.0 in Q1 2025 to a low of $171000.0 in Q4 2021.
- Average Raw Materials over 5 years is $373125.0, with a median of $345500.0 recorded in 2022.
- Year-over-year, Raw Materials jumped 101.17% in 2022 and declined 11.68% in 2024.
- Over 5 years, Raw Materials stood at $171000.0 in 2021, then surged by 101.17% to $344000.0 in 2022, then increased by 2.03% to $351000.0 in 2023, then soared by 40.46% to $493000.0 in 2024, then retreated by 5.88% to $464000.0 in 2025.
- Per Business Quant data, the three most recent Raw Materials figures were $464000.0 in Q4 2025, $493000.0 in Q3 2025, and $575000.0 in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Circle Internet | 21.16 Bn | 19.43 Bn | 288.85 Mn |
| 2 | Galaxy Digital | 9.54 Bn | 8.88 Bn | 8.38 Bn |
| 3 | Gemini Space Station | 573.86 Mn | 385.24 Mn | - |
| 4 | Solana | 177.06 Mn | 173.41 Mn | 2.45 Mn |
| 5 | Empery Digital | 85.45 Mn | 85.45 Mn | -68,184.00 |
| 6 | Metalpha Technology Holding | 40.05 Mn | 36.11 Mn | - |
| 7 | Fold Holdings | 29.71 Mn | 1.31 Mn | 5.36 Mn |
| 8 | Amber International Holding | 28.97 Mn | -4.44 Mn | 11.06 Mn |
| 9 | Fabric.AI | 10.06 Mn | -11.61 Mn | - |
| 10 | CEA Industries | 7.41 Mn | 324,022.19 | 1.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 464,000.00 |
| Sep 30, 2025 | 493,000.00 |
| Jun 30, 2025 | 575,000.00 |
| Mar 31, 2025 | 575,000.00 |
| Dec 31, 2024 | 493,000.00 |
| Sep 30, 2024 | 349,000.00 |
| Jun 30, 2024 | 323,000.00 |
| Mar 31, 2024 | 295,000.00 |
| Dec 31, 2023 | 351,000.00 |
| Sep 30, 2023 | 347,000.00 |
| Jun 30, 2023 | 331,000.00 |
| Mar 31, 2023 | 334,000.00 |
| Dec 31, 2022 | 344,000.00 |
| Sep 30, 2022 | 300,000.00 |
| Jun 30, 2022 | 225,000.00 |
| Dec 31, 2021 | 171,000.00 |
| Sep 30, 2019 | 1.05 Mn |
| Jun 30, 2019 | 701,000.00 |
| Mar 31, 2019 | 513,000.00 |
| Dec 31, 2018 | 392,000.00 |