Soluna Holdings (SLNH) EBITDA Margin (2010 - 2026)
Soluna Holdings (SLNH) reported EBITDA Margin of 153.54% for Q1 2026, down 5749.0% on a YoY basis from 2.72% in Q1 2025, and down 16.82% quarter-over-quarter from 131.43% in Q4 2025.
Soluna Holdings (SLNH) EBITDA Margin (2010 - 2026) Analysis & Trends
Soluna Holdings has reported EBITDA Margin for 12 years, with the latest figure at 153.54% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 5749.0% year-over-year to 153.54%; the trailing twelve-month figure through Mar 2026 stood at 123.38% (up 4739.0% YoY), and the FY2025 full-year result was 90.67%, up 1802.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 153.54%, down from 131.43% in the prior quarter.
- The five-year high for EBITDA Margin was 3.24% in Q1 2024, with the low at 645.26% in Q3 2022.
- Historically, EBITDA Margin has averaged 185.75% across 5 years, with a median of 107.57% in 2025.
- Annual changes were most pronounced in 2022 — EBITDA Margin plunged 62032 bps — and 2023, when it jumped 58081 bps.
- Soluna Holdings' EBITDA Margin stood at 574.61% in 2022, then surged by 96 bps to 23.94% in 2023, then sank by 1680 bps to 426.02% in 2024, then jumped by 69 bps to 131.43% in 2025, then fell by 17 bps to 153.54% in 2026.
- The last three EBITDA Margin figures came in at 153.54% (Q1 2026), 131.43% (Q4 2025), and 92.45% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 95.15% |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 136.81% |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 61.80% |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 28.49% |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 14.74% |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 11.84% |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 47.66% |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 110.52% |
| 10 | Soluna Holdings | 116.06 Mn | 114.69 Mn | 1.92 Mn | -153.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -153.54% |
| Dec 31, 2025 | -131.43% |
| Sep 30, 2025 | -92.45% |
| Jun 30, 2025 | -107.57% |
| Mar 31, 2025 | -96.06% |
| 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 | -574.61% |
| 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% |
| Jun 30, 2021 | -74.95% |