Company / R&D Expense
Solana Co R&D Expense History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$3.7M
FY2025
5-year range
$2.9M / $6.0M
FY2021-FY2025
Trend
+24.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense returned to growth in FY2025 after 2 years of decline, reaching $4M.
Based on SEC 10-K filings.
$4M in FY2025 with a 5-year CAGR of -14.6%.
Declined from $4M to $4M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -15.2%
- 5-Year CAGR
- -14.6%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -14.6%, indicating a declining trend.
- In FY2025, r&d expense increased 24.4% year-over-year.
- Peak r&d expense was recorded in FY2018.
- Lowest r&d expense in the period was in FY2024.
Company context
Key Data Points
- Altman Z-Score -0.07 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $3.7M | +24.4% |
| FY2024 | $2.9M | -31.0% |
| FY2023 | $4.3M | -28.8% |
| FY2022 | $6.0M | +30.7% |
| FY2021 | $4.6M | -43.2% |
| FY2020 | $8.1M | -18.9% |
| FY2019 | $9.9M | -30.9% |
| FY2018 | $14.4M | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026