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Soluna Holdings (SLNH) Operating Expenses (2020 - 2025)

Soluna Holdings filings provide 11 years of Operating Expenses readings, the most recent being $13.9 million for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 107.93% to $13.9 million in Q4 2025 year-over-year; TTM through Dec 2025 was $36.7 million, a 447.75% increase, with the full-year FY2025 number at $47.0 million, up 31.15% from a year prior.
  • Operating Expenses hit $13.9 million in Q4 2025 for Soluna Holdings, up from $8.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $13.9 million in Q4 2025 to a low of -$23000.0 in Q1 2024.
  • Median Operating Expenses over the past 5 years was $2.1 million (2021), compared with a mean of $3.7 million.
  • Biggest five-year swings in Operating Expenses: tumbled 100.43% in 2022 and later skyrocketed 142983.33% in 2025.
  • Soluna Holdings' Operating Expenses stood at $4.6 million in 2021, then tumbled by 100.43% to -$20000.0 in 2022, then soared by 5990.0% to $1.2 million in 2023, then surged by 466.13% to $6.7 million in 2024, then surged by 107.93% to $13.9 million in 2025.
  • The last three reported values for Operating Expenses were $13.9 million (Q4 2025), $8.6 million (Q3 2025), and $8.0 million (Q2 2025) per Business Quant data.