Soluna Holdings (SLNH) Net Margin (2010 - 2026)
Soluna Holdings (SLNH) reported Net Margin of 190.57% for Q1 2026, down 6668.0% on a YoY basis from 2.9% in Q1 2025, and down 22.0% quarter-over-quarter from 156.21% in Q4 2025.
Soluna Holdings (SLNH) Net Margin (2010 - 2026) Analysis & Trends
Soluna Holdings has reported Net Margin for 12 years, with the latest figure at 190.57% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 6668.0% year-over-year to 190.57%; the trailing twelve-month figure through Mar 2026 stood at 200.31% (up 62.0% YoY), and the FY2025 full-year result was 191.78%, down 3844.0% from the prior year.
- Net Margin for Q1 2026 stood at 190.57%, down from 156.21% in the prior quarter.
- The five-year high for Net Margin was 86.99% in Q2 2022, with the low at 474.08% in Q2 2023.
- Historically, Net Margin has averaged 140.13% across 5 years, with a median of 107.55% in 2024.
- Annual changes were most pronounced in 2023 — Net Margin plunged 56107 bps — and 2024, when it surged 37956 bps.
- Soluna Holdings' Net Margin stood at 4.06% in 2022, then sank by 1457 bps to 55.16% in 2023, then tumbled by 744 bps to 465.64% in 2024, then soared by 66 bps to 156.21% in 2025, then dropped by 22 bps to 190.57% in 2026.
- The last three Net Margin figures came in at 190.57% (Q1 2026), 156.21% (Q4 2025), and 306.44% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 26.29% |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 31.36% |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 36.98% |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 32.80% |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 16.00% |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 7.22% |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 37.74% |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 132.82% |
| 10 | Soluna Holdings | 116.06 Mn | 114.69 Mn | 1.92 Mn | -190.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -190.57% |
| Dec 31, 2025 | -156.21% |
| Sep 30, 2025 | -306.44% |
| Jun 30, 2025 | -136.10% |
| Mar 31, 2025 | -123.89% |
| Dec 31, 2024 | -465.64% |
| Sep 30, 2024 | -107.55% |
| Jun 30, 2024 | -94.52% |
| Mar 31, 2024 | -20.27% |
| Dec 31, 2023 | -55.16% |
| Sep 30, 2023 | -103.78% |
| Jun 30, 2023 | -474.08% |
| Mar 31, 2023 | -241.14% |
| Dec 31, 2022 | 4.06% |
| Sep 30, 2022 | -0.33% |
| Jun 30, 2022 | 86.99% |
| Mar 31, 2022 | 2.43% |
| Dec 31, 2021 | 7.32% |
| Sep 30, 2021 | 10.34% |
| Jun 30, 2021 | 13.10% |