Soluna Holdings (SLNH) EBITDA (2010 - 2026)
Soluna Holdings' (SLNH) quarterly EBITDA came in at -$16.6 million in Q1 2026, down 131.66% YoY from $52.5 million in Q1 2025, and down 37.39% on a QoQ basis from -$12.1 million in Q4 2025.
Soluna Holdings (SLNH) EBITDA (2010 - 2026) Analysis & Trends
Soluna Holdings (SLNH) has 12 years of EBITDA data on file, last reported at -$16.6 million in Q1 2026.
- Quarterly EBITDA fell 131.66% year-over-year to -$16.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$43.1 million (up 21.73% YoY) and the FY2025 annual result came in at -$33.7 million, up 29.13% from the prior year.
- EBITDA slipped to -$16.6 million in Q1 2026, from -$12.1 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $407000.0 in Q1 2024 to a low of -$41.7 million in Q3 2022.
- A 5-year average of -$11.9 million and a median of -$7.2 million in 2025 frame the typical range for EBITDA.
- Annual changes were most pronounced in 2022 — EBITDA slumped 4356.84% — and 2024, when it jumped 105.8%.
- Tracing SLNH's EBITDA over 5 years: stood at -$26.8 million in 2022, then surged by 90.98% 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 plunged by 37.39% to -$16.6 million in 2026.
- The last three EBITDA figures came in at -$16.6 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 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 20.47 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 26.66 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 4.46 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 470.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 2.64 Bn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 617.01 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 252.46 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 35.36 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 532.81 Mn |
| 10 | Soluna Holdings | 149.97 Mn | 143.97 Mn | 766,000.00 | -13.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -16.94 Mn |
| Mar 31, 2026 | -16.63 Mn |
| Dec 31, 2025 | -12.10 Mn |
| Sep 30, 2025 | -7.78 Mn |
| Jun 30, 2025 | -6.62 Mn |
| Mar 31, 2025 | -7.18 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 | -26.84 Mn |
| Sep 30, 2022 | -41.72 Mn |
| Jun 30, 2022 | -9.43 Mn |
| Mar 31, 2022 | -6.80 Mn |
| Dec 31, 2021 | -1.52 Mn |
| Sep 30, 2021 | -936,000.00 |