Soluna Holdings (SLNH) Free Cash Flow (2010 - 2026)

Soluna Holdings (SLNH) reported Free Cash Flow of -$8.9 million for Q1 2026, down 140.82% on a YoY basis from $21.9 million in Q1 2025, and up 46.41% quarter-over-quarter from -$16.7 million in Q4 2025.

Soluna Holdings (SLNH) Free Cash Flow (2010 - 2026) Analysis & Trends

Soluna Holdings has reported Free Cash Flow for 12 years, with the latest figure at -$8.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow fell 140.82% year-over-year to -$8.9 million; the trailing twelve-month figure through Mar 2026 stood at -$42.4 million (down 102.26% YoY), and the FY2025 full-year result was -$37.2 million, down 166.95% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$8.9 million, up from -$16.7 million in the prior quarter.
  • The five-year high for Free Cash Flow was $3.3 million in Q1 2024, with the low at -$26.2 million in Q2 2022.
  • Historically, Free Cash Flow has averaged -$8.6 million across 5 years, with a median of -$6.8 million in 2025.
  • Annual changes were most pronounced in 2022 — Free Cash Flow plunged 4696.46% — and 2024, when it surged 185.0%.
  • Soluna Holdings' Free Cash Flow stood at -$2.8 million in 2022, then soared by 144.28% to $1.2 million in 2023, then sank by 645.59% to -$6.8 million in 2024, then tumbled by 145.34% to -$16.7 million in 2025, then surged by 46.41% to -$8.9 million in 2026.
  • The last three Free Cash Flow figures came in at -$8.9 million (Q1 2026), -$16.7 million (Q4 2025), and -$6.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 SOL Strategies 103,154.28 Bn 103,154.28 Bn - -1.33 Mn
2 Morgan Stanley 334.86 Bn 201.33 Bn - -7.85 Bn
3 Goldman Sachs 322.95 Bn -614.60 Bn - -32.43 Bn
4 Schwab Charles 158.90 Bn 113.93 Bn - 7.20 Bn
5 Robinhood Markets 83.76 Bn 79.11 Bn 960.00 Mn 2.03 Bn
6 Interactive Brokers 40.42 Bn 51.01 Bn - 3.59 Bn
7 LPL Financial Holdings 23.70 Bn 22.67 Bn - 124.64 Mn
8 Tradeweb Markets 21.55 Bn 20.30 Bn - 103.58 Mn
9 Iren 19.92 Bn 17.71 Bn 144.76 Mn -1.15 Bn
10 Soluna Holdings 124.05 Mn 122.68 Mn 1.92 Mn -8.94 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -8.94 Mn
Mar 31, 2026 -8.94 Mn
Dec 31, 2025 -16.68 Mn
Dec 31, 2025 -16.68 Mn
Sep 30, 2025 -6.85 Mn
Sep 30, 2025 -6.85 Mn
Jun 30, 2025 -9.93 Mn
Jun 30, 2025 -9.93 Mn
Mar 31, 2025 -3.71 Mn
Mar 31, 2025 -3.71 Mn
Dec 31, 2024 -6.80 Mn
Dec 31, 2024 -6.80 Mn
Sep 30, 2024 -3.37 Mn
Sep 30, 2024 -3.37 Mn
Jun 30, 2024 -7.08 Mn
Jun 30, 2024 -7.08 Mn
Mar 31, 2024 3.33 Mn
Mar 31, 2024 3.33 Mn
Dec 31, 2023 1.25 Mn
Dec 31, 2023 1.25 Mn