Solana Company posts $3.4 million in Q3 revenue as staking income climbs

The Nasdaq-listed SOL treasury firm grew quarterly revenue from $697,000 a year earlier, while an unrealized token gain pushed net income to $105.2 million Solana Company (NASDAQ: HSDT) reported $3.4 million in third-quarter revenue, up from $697,000 in the same quarter a year earlier. That is nearly five times the prior-year figure. The bigger number on the income statement came from somewhere else entirely. Net income reached $105.2 million, a sharp reversal from a $352.8 million loss in the prior year, driven largely by the rising price of the SOL tokens the company holds. The company released its results on November 11, 2026, covering the quarter that ended September 30.

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