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Side-by-side financial comparison of Solana Co (HSDT) and Valaris Ltd (VAL). Click either name above to swap in a different company.

Solana Co is the larger business by last-quarter revenue ($5.2M vs $5.2M, roughly 1.0× Valaris Ltd). Valaris Ltd runs the higher net margin — 13798.1% vs 6227.1%, a 7571.0% gap on every dollar of revenue. On growth, Solana Co posted the faster year-over-year revenue change (2725.9% vs 405.9%). Over the past eight quarters, Solana Co's revenue compounded faster (522.3% CAGR vs 29.5%).

Solana is a Mexican cottage manufacturer of sports, racing, and kids' automobiles based in Mexico City. The family run company has operated since 1936, with a total production of fewer than fifty cars; the majority of them one-offs. The family is heavily involved in motor sports; the most prominent member was Moisés Solana, who raced family-built cars and later in Formula One.

Valaris Limited is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in Bermuda. It is the largest offshore drilling and well drilling company in the world. As of February 2025, it owned 52 rigs, including 36 offshore jackup rigs, 11 drillships, and 5 semi-submersible platform drilling rigs.

HSDT vs VAL — Head-to-Head

Bigger by revenue
HSDT
HSDT
1.0× larger
HSDT
$5.2M
$5.2M
VAL
Growing faster (revenue YoY)
HSDT
HSDT
+2320.1% gap
HSDT
2725.9%
405.9%
VAL
Higher net margin
VAL
VAL
7571.0% more per $
VAL
13798.1%
6227.1%
HSDT
Faster 2-yr revenue CAGR
HSDT
HSDT
Annualised
HSDT
522.3%
29.5%
VAL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HSDT
HSDT
VAL
VAL
Revenue
$5.2M
$5.2M
Net Profit
$325.6M
$717.5M
Gross Margin
96.6%
-7850.0%
Operating Margin
-3845.8%
Net Margin
6227.1%
13798.1%
Revenue YoY
2725.9%
405.9%
Net Profit YoY
8388.0%
436.6%
EPS (diluted)
$111.28
$10.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HSDT
HSDT
VAL
VAL
Q4 25
$5.2M
$5.2M
Q3 25
$697.0K
$5.6M
Q2 25
$43.0K
$700.0K
Q1 25
$49.0K
Q4 24
$185.0K
$-1.7M
Q3 24
$51.0K
$3.9M
Q2 24
$182.0K
$4.8M
Q1 24
$135.0K
$2.6M
Net Profit
HSDT
HSDT
VAL
VAL
Q4 25
$325.6M
$717.5M
Q3 25
$-352.8M
$188.1M
Q2 25
$-9.8M
$115.1M
Q1 25
$-3.8M
Q4 24
$133.7M
Q3 24
$-3.7M
$64.6M
Q2 24
$-1.6M
$149.6M
Q1 24
$-2.5M
$25.5M
Gross Margin
HSDT
HSDT
VAL
VAL
Q4 25
96.6%
-7850.0%
Q3 25
85.2%
-7142.9%
Q2 25
-56428.6%
Q1 25
Q4 24
16.8%
24529.4%
Q3 24
-11748.7%
Q2 24
35.2%
-9039.6%
Q1 24
8.9%
-17007.7%
Operating Margin
HSDT
HSDT
VAL
VAL
Q4 25
-3845.8%
Q3 25
-5086.1%
Q2 25
-7725.6%
Q1 25
-8185.7%
Q4 24
Q3 24
-7980.4%
Q2 24
-1796.7%
Q1 24
-2530.4%
Net Margin
HSDT
HSDT
VAL
VAL
Q4 25
6227.1%
13798.1%
Q3 25
-50612.3%
3358.9%
Q2 25
-22867.4%
16442.9%
Q1 25
-7832.7%
Q4 24
-7864.7%
Q3 24
-7227.5%
1656.4%
Q2 24
-885.7%
3116.7%
Q1 24
-1863.7%
980.8%
EPS (diluted)
HSDT
HSDT
VAL
VAL
Q4 25
$111.28
$10.13
Q3 25
$-32.89
$2.65
Q2 25
$-79.73
$1.61
Q1 25
$-0.51
Q4 24
$1.86
Q3 24
$-744.35
$0.88
Q2 24
$-485.30
$2.03
Q1 24
$-3.08
$0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HSDT
HSDT
VAL
VAL
Cash + ST InvestmentsLiquidity on hand
$7.3M
$599.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$300.9M
$3.2B
Total Assets
$303.9M
$5.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HSDT
HSDT
VAL
VAL
Q4 25
$7.3M
$599.4M
Q3 25
$124.1M
$662.7M
Q2 25
$6.1M
$503.4M
Q1 25
$1.1M
Q4 24
$1.1M
$368.2M
Q3 24
$3.5M
$379.3M
Q2 24
$6.4M
$398.3M
Q1 24
$3.6M
$494.1M
Stockholders' Equity
HSDT
HSDT
VAL
VAL
Q4 25
$300.9M
$3.2B
Q3 25
$-152.4M
$2.4B
Q2 25
$6.0M
$2.3B
Q1 25
$1.3M
Q4 24
$1.1M
$2.2B
Q3 24
$3.8M
$2.1B
Q2 24
$6.3M
$2.2B
Q1 24
$2.0M
$2.0B
Total Assets
HSDT
HSDT
VAL
VAL
Q4 25
$303.9M
$5.3B
Q3 25
$475.9M
$4.6B
Q2 25
$7.9M
$4.5B
Q1 25
$3.5M
Q4 24
$3.5M
$4.4B
Q3 24
$5.6M
$4.3B
Q2 24
$8.8M
$4.4B
Q1 24
$5.8M
$4.4B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HSDT
HSDT
VAL
VAL
Operating Cash FlowLast quarter
$-16.5M
$72.2M
Free Cash FlowOCF − Capex
$-34.1M
FCF MarginFCF / Revenue
-655.8%
Capex IntensityCapex / Revenue
2044.2%
Cash ConversionOCF / Net Profit
-0.05×
0.10×
TTM Free Cash FlowTrailing 4 quarters
$159.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HSDT
HSDT
VAL
VAL
Q4 25
$-16.5M
$72.2M
Q3 25
$-4.0M
$198.1M
Q2 25
$-2.8M
$120.0M
Q1 25
$-3.5M
Q4 24
$-11.0M
$124.6M
Q3 24
$-2.8M
$193.0M
Q2 24
$-2.9M
$11.5M
Q1 24
$-3.0M
$26.3M
Free Cash Flow
HSDT
HSDT
VAL
VAL
Q4 25
$-34.1M
Q3 25
$128.3M
Q2 25
$52.8M
Q1 25
Q4 24
$-11.0M
$12.9M
Q3 24
$111.1M
Q2 24
$-98.7M
Q1 24
$-3.0M
$-125.0M
FCF Margin
HSDT
HSDT
VAL
VAL
Q4 25
-655.8%
Q3 25
2291.1%
Q2 25
7542.9%
Q1 25
Q4 24
-5970.8%
-758.8%
Q3 24
2848.7%
Q2 24
-2056.3%
Q1 24
-2226.7%
-4807.7%
Capex Intensity
HSDT
HSDT
VAL
VAL
Q4 25
2044.2%
Q3 25
1246.4%
Q2 25
9600.0%
Q1 25
Q4 24
2.7%
-6570.6%
Q3 24
0.0%
2100.0%
Q2 24
0.0%
2295.8%
Q1 24
3.7%
5819.2%
Cash Conversion
HSDT
HSDT
VAL
VAL
Q4 25
-0.05×
0.10×
Q3 25
1.05×
Q2 25
1.04×
Q1 25
Q4 24
0.93×
Q3 24
2.99×
Q2 24
0.08×
Q1 24
1.03×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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