Soluna Holdings (SLNH) Cost of Revenue (2010 - 2026)

Soluna Holdings' (SLNH) quarterly Cost of Revenue came in at $7.5 million in Q1 2026, up 57.02% YoY from $4.8 million in Q1 2025, and up 0.51% on a QoQ basis from $7.4 million in Q4 2025.

Soluna Holdings (SLNH) Cost of Revenue (2010 - 2026) Analysis & Trends

Soluna Holdings (SLNH) has 12 years of Cost of Revenue data on file, last reported at $7.5 million in Q1 2026.

  • Quarterly Cost of Revenue rose 57.02% year-over-year to $7.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $26.0 million (down 6.48% YoY) and the FY2025 annual result came in at $23.3 million, down 18.75% from the prior year.
  • Cost of Revenue improved to $7.5 million in Q1 2026, from $7.4 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $11.2 million in Q3 2022 to a low of $2.5 million in Q2 2023.
  • A 5-year average of $6.2 million and a median of $5.8 million in 2023 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2022 — Cost of Revenue surged 2452.78% — and 2023, when it slumped 75.69%.
  • Tracing SLNH's Cost of Revenue over 5 years: stood at $6.4 million in 2022, then decreased by 8.14% to $5.8 million in 2023, then surged by 46.73% to $8.6 million in 2024, then slipped by 13.06% to $7.4 million in 2025, then climbed by 0.51% to $7.5 million in 2026.
  • The last three Cost of Revenue figures came in at $7.5 million (Q1 2026), $7.4 million (Q4 2025), and $6.1 million (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

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