Solana financials
$2.86+0.70%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.0M | $520.0K | $644.0K | $787.0K | $522.0K | $661.0K | $1.5M | $478.0K |
| Gross profit | $5.5M | -$62.0K | $61.0K | $324.0K | $224.0K | $273.0K | $650.0K | $478.0K |
| Gross margin | 91.7% | −11.9% | 9.5% | 41.2% | 42.9% | 41.3% | 43.4% | 100.0% |
| Operating income | -$21.1M | -$13.9M | -$12.4M | -$15.5M | -$18.1M | -$14.4M | -$24.0M | -$26.7M |
| Net income | -$40.9M | -$11.7M | -$8.8M | -$14.1M | -$18.1M | -$14.1M | -$9.8M | -$28.6M |
| Net margin | −679.6% | −2258.1% | −1374.2% | −1788.1% | −3473.6% | −2137.7% | −653.8% | −5988.1% |
| Diluted EPS | $-1.85 | $-4.33 | $-14.56 | $-39097.50 | $-276750.00 | $-442500.00 | $-487125.00 | $-1653750.00 |
| EBITDA | -$21.1M | -$13.9M | -$12.1M | -$14.5M | -$17.8M | -$13.9M | -$23.8M | -$26.6M |
| Operating cash flow | -$16.5M | -$11.0M | -$10.4M | -$14.3M | -$13.4M | -$11.7M | -$21.0M | -$19.6M |
| Free cash flow | -$16.5M | -$11.0M | -$10.4M | -$14.3M | -$13.4M | -$11.8M | -$21.3M | -$20.1M |
| Diluted shares | 22.0M | 2.7M | 0.6M | 0.0M | 0.0M | 0.0M | 0.0M | 0.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $7.3M | $1.1M | $5.2M | $14.5M | $11.0M | $3.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $0.00 | $1.3M | $1.3M | $0.00 | $0.00 | $0.00 |
| Total assets | $303.9M | $3.5M | $7.7M | $17.3M | $14.1M | $6.5M |
| Total liabilities | $3.0M | $2.5M | $5.3M | $9.1M | $2.8M | $2.7M |
| Shareholders' equity | $300.9M | $1.1M | $2.4M | $8.2M | $11.3M | $3.9M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology