Soluna Holdings, Inc
SLNHPNasdaq
$9.50
↑ +1.1%Jul 17 close · end-of-day
Price
1Y↑ +100.0%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$799.0M
Enterprise Value
$824.9M
P/E
—
P/S
24.1
P/B
16.9
EV/EBITDA
—
PEG
—
FCF Yield
-5.3%
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
+114.0%
Company profile
Soluna Holdings, Inc. builds and develops modular data centers for cryptocurrency mining. It also operates in the blockchain business. The company is headquartered in Albany, New York.
- CEO
- Michael M. Toporek
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Banking
- Employees
- 60
- Headquarters
- New York
- Website
- solunacomputing.com
Management & directors
- Thomas Jessica L.Chief Accounting Officer
- Oreilly Mary JenniferChief People Officer
- Belizaire JohnChief Executive Officer
- Picchi MichaelChief Financial Officer
- Michaels David CChief Financial Officer
Roles derived from SEC Form 4 filings.
Earnings
SLNHP 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
Jul 16, 2026
Jun 17, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-22 | Phelan William P | Sale | 3,074 | $11.00 | $33,814.00 | filing |
| 2026-06-18 | Phelan William P | Sale | 4,813 | $11.00 | $52,943.00 | filing |
| 2026-06-17 | Phelan William P | Sale | 10,113 | $10.75 | $108,714.75 | filing |
| 2026-06-15 | Thomas Jessica L.· Chief Accounting Officer | Sale | 4,838 | $1.70 | $8,224.60 | filing |
| 2026-06-11 | OReilly Mary Jennifer· Chief People Officer | Sale | 1,071 | $11.10 | $11,888.10 | filing |
| 2026-06-10 | OReilly Mary Jennifer· Chief People Officer | Sale | 5,729 | $10.80 | $61,873.20 | filing |
| 2026-06-10 | Thomas Jessica L.· Chief Accounting Officer | Sale | 2,500 | $10.90 | $27,250.00 | filing |
| 2026-06-08 | OReilly Mary Jennifer· Chief People Officer | Sale | 6,600 | $10.80 | $71,280.00 | filing |
| 2026-06-01 | Belizaire John· Chief Executive Officer | Tax withholding | 58,984 | $1.67 | $98,503.28 | filing |
| 2026-06-01 | Belizaire John· Chief Executive Officer | Sale | 1,000 | $10.40 | $10,400.00 | filing |
| 2026-06-01 | Bottomley John | Sale | 1,000 | $10.00 | $10,004.50 | filing |
| 2026-06-01 | Phelan William P | Award | 973,307 | $0.00 | $0.00 | filing |
| 2026-06-01 | Lipman Matthew E. | Award | 726,401 | $0.00 | $0.00 | filing |
| 2026-06-01 | TOPOREK MICHAEL | Award | 7,310,534 | $0.00 | $0.00 | filing |
| 2026-06-01 | TOPOREK MICHAEL | Award | 7,310,534 | $0.00 | $0.00 | filing |
| 2026-06-01 | Bottomley John | Award | 726,401 | $0.00 | $0.00 | filing |
| 2026-06-01 | Thomas Jessica L.· Chief Accounting Officer | Award | 726,401 | $0.00 | $0.00 | filing |
| 2026-06-01 | Hirshfield Edward R | Award | 726,401 | $0.00 | $0.00 | filing |
| 2026-06-01 | Belizaire John· Chief Executive Officer | Award | 3,018,802 | $0.00 | $0.00 | filing |
| 2026-06-01 | Hazelip William | Award | 726,401 | $0.00 | $0.00 | filing |
| 2026-06-01 | Marusak Thomas J | Award | 849,556 | $0.00 | $0.00 | filing |
| 2026-06-01 | OReilly Mary Jennifer· Chief People Officer | Award | 726,401 | $0.00 | $0.00 | filing |
| 2026-06-01 | MICHAELS DAVID C | Award | 849,556 | $0.00 | $0.00 | filing |
| 2026-05-21 | PICCHI MICHAEL· Chief Financial Officer | Buy | 100,000 | $1.63 | $163,200.00 | filing |
| 2026-04-06 | Belizaire John· Chief Executive Officer | Sale | 1,000 | $7.25 | $7,250.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.