Solana (HSDT) Raw Materials (2018 - 2025)
Solana's Raw Materials came in at $464,000 for Q4 2025, down 5.9% from $493,000 a year earlier and down 5.9% from the prior quarter.
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Analysis
Solana (HSDT) Raw Materials (2018 - 2025) Analysis & Trends
Going back to Q4 2018, Solana's Raw Materials data covers 20 quarters.
- Raw Materials carries a four-year compound annual growth rate of 28.3% (FY2021 to FY2025).
- Going back by year, Raw Materials was $493,000 in FY2024 (+40.5%), $351,000 in FY2023 (+2.0%), $344,000 in FY2022 (+101.2%) and $171,000 in FY2021.
- The Q4 2025 figure represents the lowest quarterly Raw Materials since Q3 2024.
- Year-over-year, Raw Materials increased in five of the last eight quarters, with growth averaging 29.4%.
- The fastest year-over-year change in Raw Materials over five years came in Q4 2022 (growth of 101.2%), and the weakest in Q1 2024 (a decline of 11.7%).
- Business Quant data shows HSDT's Raw Materials at $493,000 (Q3 2025), $575,000 (Q2 2025) and $575,000 (Q1 2025) in the three quarters before Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 110.60 Bn | 98.69 Bn | - |
| 2 | Intercontinental Exchange | 92.15 Bn | 85.88 Bn | - |
| 3 | Robinhood Markets | 86.34 Bn | 67.37 Bn | - |
| 4 | Nasdaq | 57.68 Bn | 55.11 Bn | 1.50 Bn |
| 5 | Interactive Brokers | 36.95 Bn | 14.07 Bn | - |
| 6 | Cboe Global Markets | 34.50 Bn | 26.16 Bn | 731.60 Mn |
| 7 | Tradeweb Markets | 25.90 Bn | 17.91 Bn | - |
| 8 | LPL Financial Holdings | 25.67 Bn | 20.99 Bn | - |
| 9 | Circle Internet | 21.20 Bn | 15.08 Bn | 288.85 Mn |
| 10 | Solana | 180.25 Mn | 40.82 Mn | 2.45 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 |
API Access
Solana Raw Materials API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=raw-materials&ticker=HSDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "raw-materials", "ticker": "HSDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=raw-materials&ticker=HSDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();