Solana Operating Expenses Growth & History (HSDT)
Solana's operating expenses was $249.4M for fiscal 2025.
View full Solana company overviewSolana annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $249.4M | $235.5M | +1701.58% |
| 2024 | 2024-12-31 | $13.8M | $1.4M | +10.83% |
| 2023 | 2023-12-31 | $12.5M | −$3.4M | −21.16% |
| 2022 | 2022-12-31 | $15.8M | −$2.5M | −13.75% |
| 2021 | 2021-12-31 | $18.4M | $3.7M | +25.29% |
| 2020 | 2020-12-31 | $14.7M | −$10.0M | −40.52% |
| 2019 | 2019-12-31 | $24.6M | −$2.5M | −9.23% |
| 2018 | 2018-12-31 | $27.2M | $4.3M | +18.82% |
| 2017 | 2017-12-31 | $22.9M | $12.5M | +120.30% |
| 2016 · Dec 31 | 2016-12-31 | $10.4M | — | — |
| 2016 · Mar 31 | 2016-03-31 | $9.3M | — | — |
Solana quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $35.1M | $31.9M | +974.40% |
| Q1 2026 | 2026-03-31 | $103.1M | $99.1M | +2516.37% |
| Q4 2025 | 2025-12-31 | $206.1M | $203.0M | +6453.42% |
| Q3 2025 | 2025-09-30 | $36.0M | $32.1M | +816.22% |
| Q2 2025 | 2025-06-30 | $3.3M | −$65,000 | −1.95% |
| Q1 2025 | 2025-03-31 | $3.9M | $511,000 | +14.91% |
| Q4 2024 | 2024-12-31 | $3.1M | $855,000 | +37.34% |
| Q3 2024 | 2024-09-30 | $3.9M | $825,000 | +26.54% |
| Q2 2024 | 2024-06-30 | $3.3M | $43,000 | +1.31% |
| Q1 2024 | 2024-03-31 | $3.4M | −$371,000 | −9.77% |
| Q4 2023 | 2023-12-31 | $2.3M | −$511,000 | −18.24% |
| Q3 2023 | 2023-09-30 | $3.1M | −$1.8M | −37.17% |
| Q2 2023 | 2023-06-30 | $3.3M | −$170,000 | −4.91% |
| Q1 2023 | 2023-03-31 | $3.8M | −$831,000 | −17.95% |
| Q4 2022 | 2022-12-31 | $2.8M | −$1.4M | −33.78% |
| Q3 2022 | 2022-09-30 | $4.9M | $552,000 | +12.56% |
| Q2 2022 | 2022-06-30 | $3.5M | −$2.7M | −43.91% |
| Q1 2022 | 2022-03-31 | $4.6M | $1.1M | +29.69% |
| Q4 2021 | 2021-12-31 | $4.2M | $1.2M | +41.42% |
| Q3 2021 | 2021-09-30 | $4.4M | $627,000 | +16.64% |
| Q2 2021 | 2021-06-30 | $6.2M | $2.4M | +62.75% |
| Q1 2021 | 2021-03-31 | $3.6M | −$538,000 | −13.10% |
| Q4 2020 | 2020-12-31 | $3.0M | −$2.5M | −45.29% |
| Q3 2020 | 2020-09-30 | $3.8M | −$2.0M | −34.98% |
| Q2 2020 | 2020-06-30 | $3.8M | −$2.3M | −38.06% |
| Q1 2020 | 2020-03-31 | $4.1M | −$3.2M | −43.43% |
| Q4 2019 | 2019-12-31 | $5.5M | −$272,000 | −4.74% |
| Q3 2019 | 2019-09-30 | $5.8M | $907,000 | +18.55% |
| Q2 2019 | 2019-06-30 | $6.1M | −$5.7M | −48.17% |
| Q1 2019 | 2019-03-31 | $7.3M | $2.5M | +53.95% |
| Q4 2018 | 2018-12-31 | $5.7M | −$130,000 | −2.22% |
| Q3 2018 | 2018-09-30 | $4.9M | −$1.1M | −18.09% |
| Q2 2018 | 2018-06-30 | $11.8M | $5.8M | +97.44% |
| Q1 2018 | 2018-03-31 | $4.7M | −$317,000 | −6.30% |
| Q4 2017 | 2017-12-31 | $5.9M | $3.9M | +198.90% |
| Q3 2017 | 2017-09-30 | $6.0M | $2.6M | +76.05% |
| Q2 2017 · Jun 30 | 2017-06-30 | $6.0M | $3.9M | +184.22% |
| Q1 2017 · Mar 31 | 2017-03-31 | $5.0M | $2.1M | +72.68% |
| Q4 2016 | 2016-12-31 | $2.0M | — | — |
| Q2 2017 · Sep 30 | 2016-09-30 | $3.4M | $2.7M | +367.29% |
| Q1 2017 · Jun 30 | 2016-06-30 | $2.1M | −$881,673 | −29.53% |
| Q4 2016 | 2016-03-31 | $2.9M | — | — |
| Q2 2016 | 2015-09-30 | $725,672 | — | — |
| Q1 2016 | 2015-06-30 | $3.0M | — | — |
Solana operating expenses trends
Over the last five fiscal years, Solana's operating expenses increased from $14.7M to $249.4M, a change of $234.7M. The latest reported quarter, Q2 2026, shows $35.1M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Solana source filings ↗