Soluna Holdings (SLNH) Intangibles (2021 - 2026)
Soluna Holdings (SLNH) recorded Intangibles of $10.59 million in Q3 2025, down 47.0% from $19.99 million a year earlier and down 18.2% from the prior quarter.
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Analysis
Soluna Holdings (SLNH) Intangibles (2021 - 2026) Analysis & Trends
At the end of FY2024, Soluna Holdings reported Intangibles of $17.62 million, down 34.8% from FY2023.
- Annual Intangibles has declined for three straight years, with a three-year compound annual growth rate of -28.1% (FY2021 to FY2024).
- Across earlier years, Intangibles came in at $27.01 million in FY2023 (-25.9%), $36.43 million in FY2022 (-23.2%) and $47.42 million in FY2021.
- The Q3 2025 figure is the lowest quarterly Intangibles in data going back to Q4 2021.
- On a year-over-year basis, Intangibles has declined for 12 consecutive quarters, with an average decline of 34.6% over the last eight quarters.
- Across the past five years, year-over-year decline in Intangibles ran from 23.2% in Q4 2022 to 47.0% in Q3 2025.
- Per Business Quant, the preceding three quarters came in at $12.96 million (Q2 2025), $15.29 million (Q1 2025) and $17.62 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,948.29 Bn | 3,871.45 Bn | 60.48 Bn | 18.61 Bn |
| 2 | International Business Machines | 225.73 Bn | 176.54 Bn | 9.91 Bn | 13.96 Bn |
| 3 | Cloudflare | 103.87 Bn | 87.40 Bn | 499.52 Mn | 57.37 Mn |
| 4 | Equinix | 97.40 Bn | 85.96 Bn | 1.40 Bn | 1.20 Bn |
| 5 | Nebius | 41.21 Bn | 14.64 Bn | 448.70 Mn | 83.90 Mn |
| 6 | CoreWeave | 34.51 Bn | 21.61 Bn | 1.70 Bn | 245.00 Mn |
| 7 | Verisign | 27.86 Bn | 25.07 Bn | 384.60 Mn | - |
| 8 | Nutanix | 18.17 Bn | 9.85 Bn | 651.35 Mn | 1.84 Mn |
| 9 | GoDaddy | 14.34 Bn | 9.92 Bn | 828.20 Mn | 966.10 Mn |
| 10 | Soluna Holdings | 78.28 Mn | 78.28 Mn | 766,000.00 | 6.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.07 Mn |
| Mar 31, 2026 | 5.93 Mn |
| Dec 31, 2025 | 8.26 Mn |
| Sep 30, 2025 | 10.59 Mn |
| Jun 30, 2025 | 12.96 Mn |
| Mar 31, 2025 | 15.29 Mn |
| Dec 31, 2024 | 17.62 Mn |
| Sep 30, 2024 | 19.99 Mn |
| Jun 30, 2024 | 22.33 Mn |
| Mar 31, 2024 | 24.67 Mn |
| Dec 31, 2023 | 27.01 Mn |
| Sep 30, 2023 | 29.37 Mn |
| Jun 30, 2023 | 31.74 Mn |
| Mar 31, 2023 | 34.09 Mn |
| Dec 31, 2022 | 36.43 Mn |
| Sep 30, 2022 | 47.53 Mn |
| Jun 30, 2022 | 47.50 Mn |
| Mar 31, 2022 | 47.46 Mn |
| Dec 31, 2021 | 47.42 Mn |
API Access
Soluna Holdings Intangibles 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=intangibles&ticker=SLNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=SLNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();