Soluna Holdings, Inc. (SLNH)
NASDAQ: SLNH · Real-Time Price · USD
1.170
-0.160 (-12.03%)
At close: Aug 18, 2026, 4:00 PM EDT
1.160
-0.010 (-0.85%)
Pre-market: Aug 19, 2026, 4:18 AM EDT

Soluna Holdings Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
42.0829.7238.0221.0728.5514.35
Revenue Growth
50.86%-21.84%80.48%-26.21%99.00%2310.92%
Gross Profit
24.6320.6122.9215.4724.9811.9
Operating Income
-53.38-33.67-18.8-19.67-36.67-4.48
Net Income
-92.36-69.06-76.33-36.09-104.53-5.89
Earnings Per Share
-1.19-2.38-14.94-27.47-174.41-12.44
EPS Growth
------

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cryptocurrency Mining
9.4411.4117.0310.624.4110.93
Data Center Hosting
30.81718.8410.24.143.41
High-performance Computing Service
-0.030.02---
Unallocated Demand Response Services
1.481.292.140.27--
Total
42.0829.7238.0221.0728.5514.35

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
113.3676.427.846.371.1410.26
Total Debt
39.329.2721.8219.7722.888.54
Net Cash (Debt)
74.0747.16-13.98-13.41-21.741.72
Net Cash Growth
------21.96%
Net Cash Per Share
0.951.62-2.74-10.20-36.283.62

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-19.43-9.15-5.07-2.99-5.755.55
Capital Expenditures
-37.07-31.72-13.28-12.71-63.68-45.79
Free Cash Flow
-56.5-40.87-18.35-15.69-69.43-40.24
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
58.53%69.34%60.28%73.41%87.49%82.96%
Operating Margin
-126.86%-113.30%-49.45%-93.35%-128.45%-31.20%
Pretax Margin
-201.62%-199.57%-159.88%-136.57%-379.59%-44.22%
Profit Margin
-219.49%-232.39%-200.76%-171.31%-366.15%-41.07%
FCF Margin
-134.27%-137.52%-48.25%-74.49%-243.22%-280.52%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PS Ratio
6.803.880.460.310.179.85