Soluna Holdings, Inc. (SLNH)
NASDAQ: SLNH · Real-Time Price · USD
1.145
-0.035 (-2.97%)
At close: Aug 24, 2026, 4:00 PM EDT
1.170
+0.025 (2.18%)
Pre-market: Aug 25, 2026, 4:58 AM EDT
Soluna Holdings Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -76.65 | -53.41 | -63.33 | -29.2 | -98.72 | -5.26 |
Depreciation & Amortization | 19.13 | 16.53 | 15.77 | 13.62 | 28.42 | 3.87 |
Other Amortization | 2.99 | 1.11 | 2.36 | 0.75 | 6.54 | 1.88 |
Loss (Gain) From Sale of Assets | 1.68 | 1.15 | 0.03 | 0.4 | 4.09 | - |
Asset Writedown & Restructuring Costs | 0.07 | 0.01 | 0.13 | 0.58 | 47.37 | - |
Loss (Gain) From Sale of Investments | - | - | - | - | 0.75 | - |
Stock-Based Compensation | 26.48 | 10.57 | 5.31 | 4.31 | 3.85 | 2.05 |
Provision & Write-off of Bad Debts | - | - | 0.76 | - | - | - |
Other Operating Activities | 9.54 | 7.25 | 38.84 | 4.3 | 1.44 | -1.09 |
Change in Accounts Receivable | -2.6 | -2.83 | -0.51 | -2.62 | 0.21 | -0.47 |
Change in Accounts Payable | -1.62 | 2.01 | 0.74 | -0.86 | 0.55 | 2.77 |
Change in Unearned Revenue | 0.76 | 0.35 | - | -0.45 | 0.14 | 0.32 |
Change in Other Net Operating Assets | 0.78 | 8.11 | -5.18 | 6.2 | -0.76 | 0.58 |
Operating Cash Flow | -19.43 | -9.15 | -5.07 | -2.99 | -5.75 | 5.55 |
Operating Cash Flow Growth | - | - | - | - | - | 192.06% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -37.07 | -31.72 | -13.28 | -12.71 | -63.68 | -45.79 |
Sale of Property, Plant & Equipment | 0.03 | - | 0.22 | 2.29 | 2.61 | - |
Sale (Purchase) of Intangibles | -0.12 | -0.13 | -0.1 | -0.06 | -0.08 | -1.57 |
Other Investing Activities | - | - | - | 0.15 | 15.53 | -9.95 |
Investing Cash Flow | -88.57 | -31.85 | -13.16 | -10.33 | -45.63 | -57.31 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 23.89 | 14.47 | 3.1 | 30.54 | 16 |
Total Debt Issued | 43.12 | 23.89 | 14.47 | 3.1 | 30.54 | 16 |
Short-Term Debt Repaid | - | - | - | -0.35 | -4.49 | - |
Long-Term Debt Repaid | - | -6.79 | -2.68 | -1.06 | - | - |
Total Debt Repaid | -21.66 | -6.79 | -2.68 | -1.41 | -4.49 | - |
Net Debt Issued (Repaid) | 21.46 | 17.09 | 11.8 | 1.69 | 26.05 | 16 |
Issuance of Common Stock | 46.94 | 44.38 | 2.33 | 0.82 | 3.79 | 21.94 |
Repurchase of Common Stock | -0.21 | -0.08 | - | - | - | - |
Preferred Dividends Paid | - | - | - | - | -3.85 | -0.63 |
Dividends Paid | -2.06 | - | - | - | -3.85 | -0.63 |
Other Financing Activities | 158 | 57.99 | 4.19 | 19.35 | 0.29 | -5.89 |
Financing Cash Flow | 224.14 | 119.39 | 18.32 | 21.86 | 42.94 | 59.38 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 116.14 | 78.39 | 0.09 | 8.55 | -8.44 | 7.63 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -56.5 | -40.87 | -18.35 | -15.69 | -69.43 | -40.24 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -134.27% | -137.52% | -48.25% | -74.49% | -243.22% | -280.52% |
Free Cash Flow Per Share | -0.72 | -1.41 | -3.59 | -11.95 | -115.86 | -84.96 |
Levered Free Cash Flow | -40.09 | -30.88 | 23.75 | -11.49 | -41.66 | -50.34 |
Unlevered Free Cash Flow | -38.42 | -28.97 | 22.97 | -10.52 | -42.97 | -51.04 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 3.54 | 1.98 | 0.53 | 0.83 | - | - |
Change in Working Capital | -2.67 | 7.64 | -4.94 | 2.27 | 0.14 | 3.19 |