Soluna Holdings (SLNH) EBITDA (2010 - 2026)

Soluna Holdings (SLNH) reported EBITDA of -$14.4 million for Q1 2026, down 152.96% on a YoY basis from $27.2 million in Q1 2025, and down 19.2% quarter-over-quarter from -$12.1 million in Q4 2025.

Soluna Holdings (SLNH) EBITDA (2010 - 2026) Analysis & Trends

Soluna Holdings has reported EBITDA for 12 years, with the latest figure at -$14.4 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 152.96% year-over-year to -$14.4 million; the trailing twelve-month figure through Mar 2026 stood at -$40.9 million (up 23.69% YoY), and the FY2025 full-year result was -$26.9 million, up 34.8% from the prior year.
  • EBITDA for Q1 2026 stood at -$14.4 million, down from -$12.1 million in the prior quarter.
  • The five-year high for EBITDA was $407000.0 in Q1 2024, with the low at -$41.1 million in Q3 2022.
  • Historically, EBITDA has averaged -$11.2 million across 5 years, with a median of -$7.0 million in 2023.
  • Annual changes were most pronounced in 2022 — EBITDA plunged 5178.05% — and 2024, when it jumped 105.8%.
  • Soluna Holdings' EBITDA stood at -$24.0 million in 2022, then surged by 89.92% to -$2.4 million in 2023, then plunged by 1355.0% to -$35.2 million in 2024, then surged by 65.66% to -$12.1 million in 2025, then fell by 19.2% to -$14.4 million in 2026.
  • The last three EBITDA figures came in at -$14.4 million (Q1 2026), -$12.1 million (Q4 2025), and -$7.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -35.15 Mn
2 Morgan Stanley 331.35 Bn 197.82 Bn - 19.58 Bn
3 Goldman Sachs 317.73 Bn -619.82 Bn - 23.57 Bn
4 Schwab Charles 153.74 Bn 108.77 Bn - 4.01 Bn
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 304.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn - 246.00 Mn
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 584.88 Mn
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 294.45 Mn
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 46.00 Mn
10 Soluna Holdings 116.06 Mn 114.69 Mn 1.92 Mn -14.42 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -14.42 Mn
Dec 31, 2025 -12.10 Mn
Sep 30, 2025 -7.78 Mn
Jun 30, 2025 -6.62 Mn
Mar 31, 2025 -5.70 Mn
Dec 31, 2024 -35.24 Mn
Sep 30, 2024 -9.02 Mn
Jun 30, 2024 -3.68 Mn
Mar 31, 2024 407,000.00
Dec 31, 2023 -2.42 Mn
Sep 30, 2023 -3.74 Mn
Jun 30, 2023 -7.07 Mn
Mar 31, 2023 -7.01 Mn
Dec 31, 2022 -24.04 Mn
Sep 30, 2022 -41.12 Mn
Jun 30, 2022 -3.93 Mn
Mar 31, 2022 -6.80 Mn
Dec 31, 2021 -1.52 Mn
Sep 30, 2021 -779,000.00
Jun 30, 2021 -1.24 Mn