Soluna Holdings (SLNH) EBITDA Margin (2010 - 2026)
Soluna Holdings' (SLNH) quarterly EBITDA Margin came in at 90.59% in Q2 2026, down 901.0% on a YoY basis from 11.31% in Q2 2025, and up 40.89% quarter-over-quarter from 153.26% in Q1 2026.
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Soluna Holdings (SLNH) EBITDA Margin (2010 - 2026) Analysis & Trends
Soluna Holdings (SLNH) has reported EBITDA Margin for 12 consecutive years, with 90.59% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin fell 901.0% year-over-year to 90.59%; the trailing twelve-month figure through Jun 2026 stood at 113.89% (up 8313.0% YoY), and the FY2025 full-year result was 90.12%, up 1856.0% from the prior year.
- EBITDA Margin grew to 90.59% in Q2 2026 per SLNH's latest filing, from 153.26% in the prior quarter.
- Across five years, EBITDA Margin topped out at 3.24% in Q1 2024 and bottomed at 645.26% in Q3 2022.
- Historically, EBITDA Margin has averaged 182.7% across 5 years, with a median of 93.99% in 2025.
- The sharpest annual moves came in 2022 and 2023: EBITDA Margin plunged 62404 bps in 2022, then soared 61780 bps in 2023.
- Over 5 years, EBITDA Margin stood at 641.74% in 2022, then surged by 96 bps to 23.94% in 2023, then tumbled by 1680 bps to 426.02% in 2024, then soared by 69 bps to 131.43% in 2025, then surged by 31 bps to 90.59% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 90.59%, 153.26%, and 131.43% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.32 Bn | 102.12 Bn | 1.40 Bn | 25.33% |
| 2 | Terawulf | 8.71 Bn | 5.94 Bn | 32.37 Mn | -266.29% |
| 3 | Applied Digital | 8.12 Bn | 6.10 Bn | 97.29 Mn | -48.24% |
| 4 | Cipher Digital | 7.83 Bn | 3.83 Bn | 9.79 Mn | -241.32% |
| 5 | GDS Holdings | 7.07 Bn | 5.01 Bn | 97.89 Mn | 14.17% |
| 6 | Core Scientific | 5.87 Bn | 3.93 Bn | 70.04 Mn | -47.79% |
| 7 | Vnet | 1.95 Bn | 1.06 Bn | 74.45 Mn | 33.05% |
| 8 | Sify Technologies | 1.53 Bn | 1.53 Bn | 51.65 Mn | 24.33% |
| 9 | WhiteFiber | 771.39 Mn | 711.02 Mn | 18.88 Mn | -9.32% |
| 10 | Soluna Holdings | 167.65 Mn | 161.65 Mn | 766,000.00 | -90.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -90.59% |
| Mar 31, 2026 | -153.26% |
| Dec 31, 2025 | -131.43% |
| Sep 30, 2025 | -92.45% |
| Jun 30, 2025 | -81.58% |
| Mar 31, 2025 | -95.54% |
| Dec 31, 2024 | -426.02% |
| Sep 30, 2024 | -119.81% |
| Jun 30, 2024 | -37.98% |
| Mar 31, 2024 | 3.24% |
| Dec 31, 2023 | -23.94% |
| Sep 30, 2023 | -64.45% |
| Jun 30, 2023 | -342.07% |
| Mar 31, 2023 | -227.51% |
| Dec 31, 2022 | -641.74% |
| Sep 30, 2022 | -645.26% |
| Jun 30, 2022 | -45.32% |
| Mar 31, 2022 | -72.97% |
| Dec 31, 2021 | -17.70% |
| Sep 30, 2021 | -24.94% |
API Access
Soluna Holdings EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=SLNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "SLNH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=SLNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();