SOL Strategies Reports Financial Results for Fiscal First Quarter 2026
Rhea-AI Summary
SOL Strategies (NASDAQ: STKE) reported first quarter fiscal 2026 results for the quarter ended December 31, 2025, with total staking and validation revenue of CAD$2.1 million (up 69% YoY) and staking rewards of 9,787 SOL (up 120% YoY).
The company reported total SOL holdings of approximately 529,000 SOL (~CAD$92.2 million) as of December 31, 2025, versus 139,726 SOL (~CAD$38.1 million) a year earlier. Management will host a webcast and conference call on February 18, 2026 at 4:30 PM EST to discuss results.
Positive
- Revenue +69% YoY to CAD$2.1 million
- Staking rewards +120% YoY to 9,787 SOL
- SOL holdings up to ~529,000 SOL (~CAD$92.2M)
Negative
- None.
News Market Reaction
On the day this news was published, STKE gained 5.60%, reflecting a notable positive market reaction. Argus tracked a peak move of +5.3% during that session. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $2M to the company's valuation, bringing the market cap to $39M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
STKE is down 6.02% with peers FLD, NCTY, MATH, BTCS and SIEB also negative (e.g., MATH -6.62%, BTCS -7.88%), indicating broader weakness even though the momentum scanner did not flag a sector move.
Previous Earnings Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 31 | Full-year earnings | Neutral | -1.9% | Reported FY2025 revenue growth and higher SOL holdings with lower EBITDA. |
On the only prior earnings release in this dataset, shares reacted modestly negatively despite strong growth metrics.
Recent news flow for SOL Strategies has focused on growth and transparency. A prior earnings release on Dec 31, 2025 showed full-year revenue of CAD$14.5M, up 36.7% YoY, with SOL holdings increasing sharply but adjusted EBITDA declining. Ahead of the current Q1 2026 results, the company also announced conference calls and operational milestones. Today’s quarterly update, highlighting higher staking revenue and SOL balances, continues that theme of scaling the Solana-focused platform while the share price has often reacted cautiously to earnings.
Historical Comparison
Past earnings news saw an average move of -1.92%. Today’s -6.02% reaction to Q1 2026 results is more negative than that prior pattern.
Earnings updates progressed from FY2025 results, with strong revenue and SOL growth but weaker EBITDA, to Q1 2026 figures emphasizing higher staking revenue and SOL holdings.
Market Pulse Summary
The stock moved +5.6% in the session following this news. A strong positive reaction aligns with the solid growth metrics in this release, including revenue up 69% and staking rewards up 120%. Historically, earnings news for SOL Strategies produced a modest -1.92% average move, so a sizable gain would have stood out versus that pattern. Investors would likely have focused on the expanding SOL holdings (529,000 SOL) and recurring staking revenue, while still weighing prior trends in profitability and broader sector volatility.
Key Terms
staking financial
validator technical
SEDAR+ regulatory
webcast technical
AI-generated analysis. Not financial advice.
Revenues increased
Toronto, Ontario--(Newsfile Corp. - February 18, 2026) - SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) ("SOL Strategies" or the "Company"), one of the first publicly traded companies dedicated to growing and building the Solana Economy, today announced it released its financial results for the quarter ended December 31, 2025. The Company will host a webcast and conference call on Wednesday, February 18, 2026 at 4:30pm EST.
The Company's financial statements and management discussion & analysis are available on SEDAR+ at www.sedarplus.ca.
Financial Highlights for the First Quarter Ended December 31, 2025:
Total staking and validation revenue reached CAD
$2.1 million for the quarter, up69% from CAD$1.2 million for the quarter ended December 31, 2024.Staking and validator rewards of 9,787 SOL, up from 4,441 SOL for the quarter ended December 31, 2024, an increase of
120% Total SOL holdings as of December 31, 2025 of approximately 529,000 SOL and SOL equivalent (~CAD
$92.2 million ) up from 139,726 SOL (~CAD$38.1 million ) at December 31, 2024.
Financial Results Webcast and Conference Call:
The Company will host a webcast and conference call to discuss these financial results on Wednesday, February 18, 2026 at 4:30pm EST. To register to participate in the conference call, please use the dial-in instructions or webcast link below. The webcast will also be available for replay via the investor relations section of the Company's website https://solstrategies.io/investors/.
Event: SOL Strategies, Inc. Year End 2025 Financial Results Webcast and Conference Call
Webcast Date: Wednesday, February 18, 2026, at 4:30 PM EST
Live Call: (800) 274-8461 (U.S.) or (203) 518-9814 (International), Conference ID: SOLQ126
Webcast Link: SOL Strategies FY Q12026 Earnings
Interim CEO Michael Hubbard, CFO Doug Harris and CTO Max Kaplan will host the live webcast and conference call to review the results and answer questions. Investors, analysts, and stakeholders are encouraged to attend the call to hear more about the Company's recent milestones and growth outlook. A replay will be available shortly after the event at https://solstrategies.io/investor-relations
About SOL Strategies
SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) is a Canadian investment company that operates at the forefront of blockchain innovation. Specializing in the Solana ecosystem, the company provides strategic investments and infrastructure solutions to enable the next generation of decentralized applications.
To learn more about SOL Strategies, please visit www.solstrategies.io. A copy of this news release and all the Company's related material documents regarding the Company may be obtained under the Company's profile on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov.
Investor Contact:
Doug Harris, Chief Financial Officer, 416-480-2488
John Ragozzino, CFA, solstrategies@icrinc.com, 203-682-8284
Media Contact: solstrategies@scrib3.co
Cautionary Note Regarding Forward-Looking Information:
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements other than statements of historical fact may be forward‐looking statements and information. More particularly and without limitation, this news release contains forward‐looking statements and information relating to the Company's or the Company's management team's expectations, hopes, beliefs, intentions or strategies regarding the future, and expectations regarding the characteristics, value drivers, and anticipated benefits of the Company's business plans and operations related thereto. Forward-looking information can also be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or indicates that certain actions, events or results "may", "could", "would", "might" or "will be" taken, "occur" or "be achieved".
Forward-looking statements in this news release include statements regarding the completion of the Private Placement and its intended impact on the Company. There is no assurance that the Company's plans or objectives will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.
The purpose of forward-looking information is to provide the reader with a description of management's expectations, and such forward-looking information may not be appropriate for any other purpose. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management's beliefs, estimates, and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates, and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements.
Disclaimer:
SOL Strategies is an independent organization in the Solana ecosystem. SOL Strategies is not affiliated with, owned by, or under common control with Solana Foundation (the "Foundation"), and the Foundation has not entered into any association, partnership, joint venture, employee, or agency relationship with SOL Strategies.
None of the Foundation or its council members, officers, agents or make any representations or warranties, recommendations, endorsements or promises with respect to the accuracy of any statements made, information provided, or action taken by SOL Strategies and expressly disclaim any and all liability arising from or related to any such statements, information or action.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284277
FAQ
What did SOL Strategies (STKE) report for staking and validation revenue in Q1 FY2026?
How many SOL did SOL Strategies (STKE) earn in staking rewards in Q1 ended December 31, 2025?
What were SOL Strategies' total SOL holdings and their reported CAD value as of December 31, 2025?
When is the SOL Strategies (STKE) Q1 FY2026 webcast and how can investors access it?
What key growth metrics should investors note from SOL Strategies' Q1 FY2026 results (STKE)?
