Soluna Holdings (SLNH) Free Cash Flow (2010 - 2026)
Soluna Holdings' (SLNH) quarterly Free Cash Flow came in at -$12.1 million in Q2 2026, down 126.1% on a YoY basis from $46.4 million in Q2 2025, and down 35.4% quarter-over-quarter from -$8.9 million in Q1 2026.
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Soluna Holdings (SLNH) Free Cash Flow (2010 - 2026) Analysis & Trends
Soluna Holdings (SLNH) has reported Free Cash Flow for 12 consecutive years, with -$12.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Free Cash Flow fell 126.1% year-over-year to -$12.1 million; the trailing twelve-month figure through Jun 2026 stood at -$49.2 million (down 155.74% YoY), and the FY2025 full-year result was -$37.2 million, down 167.3% from the prior year.
- Free Cash Flow eased to -$12.1 million in Q2 2026 per SLNH's latest filing, from -$8.9 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $3.3 million in Q1 2024 and bottomed at -$26.2 million in Q2 2022.
- Historically, Free Cash Flow has averaged -$8.8 million across 5 years, with a median of -$6.3 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Free Cash Flow sank 4696.46% in 2022, then soared 185.0% in 2024.
- Over 5 years, Free Cash Flow stood at -$2.8 million in 2022, then surged by 144.28% to $1.2 million in 2023, then tumbled by 480.34% to -$4.7 million in 2024, then slumped by 252.96% to -$16.7 million in 2025, then grew by 27.66% to -$12.1 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$12.1 million, -$8.9 million, and -$16.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.32 Bn | 102.12 Bn | 1.40 Bn | -511.00 Mn |
| 2 | Terawulf | 8.71 Bn | 5.94 Bn | 32.37 Mn | -992.27 Mn |
| 3 | Applied Digital | 8.12 Bn | 6.10 Bn | 97.29 Mn | -1.16 Bn |
| 4 | Cipher Digital | 7.83 Bn | 3.83 Bn | 9.79 Mn | -653.84 Mn |
| 5 | GDS Holdings | 7.07 Bn | 5.01 Bn | 97.89 Mn | 207.99 Mn |
| 6 | Core Scientific | 5.87 Bn | 3.93 Bn | 70.04 Mn | -583.95 Mn |
| 7 | Vnet | 1.95 Bn | 1.06 Bn | 74.45 Mn | 254.27 Mn |
| 8 | Sify Technologies | 1.53 Bn | 1.53 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 771.39 Mn | 711.02 Mn | 18.88 Mn | - |
| 10 | Soluna Holdings | 167.65 Mn | 161.65 Mn | 766,000.00 | -12.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.10 Mn |
| Mar 31, 2026 | -8.94 Mn |
| Dec 31, 2025 | -16.73 Mn |
| Sep 30, 2025 | -11.42 Mn |
| Jun 30, 2025 | -5.35 Mn |
| Mar 31, 2025 | -3.71 Mn |
| Dec 31, 2024 | -4.74 Mn |
| Sep 30, 2024 | -5.43 Mn |
| Jun 30, 2024 | -7.08 Mn |
| Mar 31, 2024 | 3.33 Mn |
| Dec 31, 2023 | 1.25 Mn |
| Sep 30, 2023 | -10.21 Mn |
| Jun 30, 2023 | -2.82 Mn |
| Mar 31, 2023 | -3.91 Mn |
| Dec 31, 2022 | -2.81 Mn |
| Sep 30, 2022 | -16.13 Mn |
| Jun 30, 2022 | -26.22 Mn |
| Mar 31, 2022 | -24.64 Mn |
| Dec 31, 2021 | -25.91 Mn |
| Sep 30, 2021 | -14.73 Mn |
API Access
Soluna Holdings Free Cash Flow 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=free-cash-flow&ticker=SLNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=SLNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();