Solana Company Reports Third Quarter 2026 Financial Results

Solana Company reported $3.4 million in revenue for the third quarter of 2026, a substantial increase from $0.7 million in the same period last year. The revenue consisted of $3.3 million in staking revenue and $23,000 in other income. The company achieved a gross profit of $2.7 million with an 82% gross margin, while general and administrative expenses decreased to $3.4 million from $5.5 million in the prior-year period. Net operating income reached $101.1 million, resulting in income from operations of $103.9 million. Operational highlights included achieving a 5.9% APY on treasury holdings and holding approximately 2.4 million SOL, valued at $288.2 million as of September 30, 2026.