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Filing Flows › Solana (HSDT) › Q2 2026 › vs Q1 2026

Solana (HSDT) Q2 2026 vs Q1 2026 (quarter over quarter)

Solana's revenue fell $1.1M (-30%) from $3.6M in Q1 2026 to $2.5M in Q2 2026.

Solana, Q2 2026: revenue $2.5M (59× year over year), net loss $30.3M, operating cash flow −$11.9M. The chart draws each line against Q1 2026, the increases inside each band.

Solana: what changed, Q2 2026 vs Q1 2026Solana: what changed, Q2 2026 vs Q1 2026Working capital & other−$76.6MOther operating costs−$73.9MNet loss−$69.5MOperating cash sources−$69.5MNet loss absorbed−$69.5MCosts & expenses−$68.2MOperating costs−$68.0MCash used in operations$7.1MGeneral & admin$5.9MOther income, net$2.6M

Every line

LineQ2 2026Q1 2026Change%
Revenue$2.5M$3.6M−$1.1M-30%
Other income, net$2.4M−$181K$2.6M—
Net loss$30.3M$99.8M−$69.5M-70%
Costs & expenses$35.2M$103M−$68.2M-66%
Operating costs$35.2M$103M−$68.0M-66%
Cost of revenue$77K$180K−$103K-57%
General & admin$11.1M$5.2M$5.9M+114%
Other operating costs$24.0M$97.9M−$73.9M-75%
Operating cash sources$30.3M$99.8M−$69.5M-70%
Share-based compensation$63K$90K−$27K-30%
Working capital & other$18.3M$94.9M−$76.6M-81%
Cash used in operations$11.9M$4.8M$7.1M+146%
Net loss absorbed$30.3M$99.8M−$69.5M-70%

Questions

How much did Solana's revenue grow quarter over quarter in Q2 2026?

Solana's revenue fell $1.1M (-30%) from $3.6M in Q1 2026 to $2.5M in Q2 2026.

Q2 2026 results → · Compare in the interactive Sankey →