Soluna Holdings, Inc
SLNHNasdaq
$1.13
↑ +2.7%Jul 17 close · end-of-day
Price
1Y↑ +77.7%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$95.0M
Enterprise Value
$121.0M
P/E
—
P/S
2.9
P/B
2.0
EV/EBITDA
—
PEG
—
FCF Yield
-44.7%
Dividend Yield
—
Revenue (TTM)
$33.2M
Net Income (TTM)
-$63.3M
Free Cash Flow (TTM)
-$42.4M
Gross Margin
5.9%
Operating Margin
-130.0%
Net Margin
-190.9%
ROE
-134.0%
ROIC
-46.6%
Debt / Equity
0.5
Net Cash
-$26.0M
Return 1Y
+87.3%
Earnings
SLNH Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$9.4M↑ +58.3%
Diluted EPS-$0.24↓ -80.2%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $595,000.00 | $14.3M | $28.5M | $21.1M | $38.0M | $29.7M |
| Gross profit | — | — | — | $2.8M | -$23.7M | $1.8M |
| Operating income | -$1.6M | -$4.5M | -$84.8M | -$20.2M | -$47.5M | -$33.7M |
| Net income | $1.9M | -$5.3M | -$98.7M | -$29.2M | -$63.3M | -$53.4M |
| Diluted EPS | $0.20 | -$0.50 | -$174.41 | -$27.79 | -$14.94 | -$2.38 |
| Operating cash flow | -$1.2M | $4.6M | -$6.1M | -$3.0M | -$5.1M | -$9.1M |
| Free cash flow | -$2.0M | -$41.2M | -$69.8M | -$15.7M | -$13.9M | -$37.2M |
| Gross margin | — | — | — | 13.1% | -62.4% | 6.1% |
| Operating margin | -276.0% | -31.2% | -297.0% | -96.1% | -125.0% | -113.3% |
| Net margin | 327.1% | -36.7% | -345.8% | -138.6% | -166.6% | -179.7% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.7M | $7.5M | $8.3M | $5.9M | $6.2M | $8.4M | $9.2M | $9.4M |
| Gross profit | $3.3M | -$2.9M | -$29.8M | $338,000.00 | $389,000.00 | $802,000.00 | $269,000.00 | $491,000.00 |
| Operating income | -$3.7M | -$9.0M | -$35.2M | -$7.2M | -$6.6M | -$7.8M | -$12.1M | -$16.6M |
| Net income | -$10.9M | -$7.2M | -$40.0M | -$7.6M | -$7.4M | -$24.0M | -$14.5M | -$17.5M |
| Diluted EPS | -$3.62 | -$1.56 | -$7.14 | -$1.21 | -$0.93 | -$1.14 | $0.90 | -$0.24 |
| Operating cash flow | -$7.3M | $61,000.00 | -$1.7M | -$177,000.00 | -$1.1M | -$2.2M | -$5.7M | -$6.4M |
| Free cash flow | -$7.6M | -$3.4M | -$6.8M | -$3.7M | -$9.9M | -$6.8M | -$16.7M | -$8.9M |
| Gross margin | 34.6% | -39.1% | -360.8% | 5.7% | 6.3% | 9.5% | 2.9% | 5.2% |
| Operating margin | -38.0% | -119.8% | -426.0% | -120.9% | -107.6% | -92.5% | -131.4% | -177.0% |
| Net margin | -112.4% | -95.5% | -483.8% | -127.3% | -119.9% | -284.7% | -157.7% | -185.9% |
Company news
Coming soonHeadlines for SLNH will appear here once the news feed is connected.
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
No insider transactions in the last 12 months.
No insider transactions on file.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.