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Solana Co income statement

In fiscal 2025, Solana Co reported revenue of $6.0m, up 1057.1% on the year before, operating income of −$244m (a -4052.5% margin) and net income of −$40.9m, or −$1.85 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue0111111612
Cost of revenue—10001111
Gross profit010000−0612
Research and development108564344—
Selling, general and administrative171710121191023—
Operating income−27−24−14−18−16−12−14−244−369
Income before tax2910−14−18−14−9−12−41−157
Income tax—00000000
Net income−29−10−14−18−14−9−12−41−157
Diluted EPS−$860.34−$633550.56−$230.20−$287.95−$2606.50−$14.56−$3282.26−$1.85—
Diluted shares (average)——————4m22m—
EBITDA−27−24−14−18−15−12−14——

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Solana Co's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Solana Co.