Solana Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Operating Revenue	0.48	0.48	0.61	0.78	0.49	0.66	Upgrade
Other Revenue	0.47	0.04	0.04	0.01	0.03	-	Upgrade
Revenue	0.94	0.52	0.64	0.79	0.52	0.66	Upgrade
Revenue Growth (YoY)	87.45%	-19.25%	-18.17%	50.77%	-21.03%	-55.82%	Upgrade
Cost of Revenue	0.47	0.58	0.58	0.46	0.3	0.39	Upgrade
Gross Profit	0.47	-0.06	0.06	0.32	0.22	0.27	Upgrade
Selling, General & Admin	12.25	10.12	9.27	10.64	12.18	9.53	Upgrade
Research & Development	3.55	3.66	2.94	4.26	5.99	4.58	Upgrade
Amortization of Goodwill & Intangibles	0.02	0.02	0.12	0.18	0.2	0.36	Upgrade
Operating Expenses	15.82	13.8	12.33	15.08	18.37	14.48	Upgrade
Operating Income	-15.35	-13.86	-12.27	-14.76	-18.14	-14.2	Upgrade
Interest Expense	-195.82	-0.02	-	-0.93	-	-	Upgrade
Interest & Investment Income	-	-	0.26	0.1	-	-	Upgrade
Currency Exchange Gain (Loss)	-1.01	-1.01	0.28	-0.76	0.01	0.19	Upgrade
Other Non Operating Income (Expenses)	-158.15	3.18	3.05	3.03	-	0.07	Upgrade
EBT Excluding Unusual Items	-370.33	-11.7	-8.69	-13.32	-18.13	-13.95	Upgrade
Impairment of Goodwill	-	-	-	-0.76	-	-	Upgrade
Asset Writedown	-0.04	-0.04	-0.16	-	-	-0.18	Upgrade
Pretax Income	-370.37	-11.74	-8.85	-14.07	-18.13	-14.13	Upgrade
Net Income	-370.37	-11.74	-8.85	-14.07	-18.13	-14.13	Upgrade
Net Income to Common	-370.37	-11.74	-8.85	-14.07	-18.13	-14.13	Upgrade
Free Cash Flow	-12.72	-11.05	-10.45	-14.33	-13.44	-11.8	Upgrade
Gross Margin	49.63%	-11.92%	9.47%	41.17%	42.91%	41.30%	Upgrade
Operating Margin	-1631.46%	-2665.96%	-1905.12%	-1875.35%	-3475.48%	-2148.56%	Upgrade
Profit Margin	-39359.09%	-2258.08%	-1374.22%	-1788.06%	-3473.56%	-2137.67%	Upgrade
Free Cash Flow Margin	-1351.22%	-2124.23%	-1621.89%	-1820.46%	-2575.10%	-1785.32%	Upgrade
EBITDA	-14.66	-13.8	-12.11	-14.5	-17.83	-13.72	Upgrade
D&A For EBITDA	0.69	0.06	0.16	0.26	0.31	0.48	Upgrade
EBIT	-15.35	-13.86	-12.27	-14.76	-18.14	-14.2	Upgrade
Revenue as Reported	0.94	0.52	0.64	0.79	0.52	0.66	Upgrade
Advertising Expenses	-	0.65	0.67	-	-	-	Upgrade

Updated Nov 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q