Growth Metrics

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

Soluna Holdings' Operating Margin history spans 11 years, with the latest figure at 131.43% for Q4 2025.

  • For Q4 2025, Operating Margin rose 29458.0% year-over-year to 131.43%; the TTM value through Dec 2025 reached 113.35%, up 1165.0%, while the annual FY2025 figure was 113.34%, 1165.0% up from the prior year.
  • Operating Margin reached 131.43% in Q4 2025 per SLNH's latest filing, down from 92.45% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 3.24% in Q1 2024 to a low of 654.68% in Q3 2022.
  • Average Operating Margin over 5 years is 168.2%, with a median of 100.01% recorded in 2025.
  • Peak YoY movement for Operating Margin: plummeted -62472bps in 2022, then soared 61780bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 17.7% in 2021, then tumbled by -3525bps to 641.74% in 2022, then surged by 96bps to 23.94% in 2023, then tumbled by -1680bps to 426.02% in 2024, then soared by 69bps to 131.43% in 2025.
  • Per Business Quant, the three most recent readings for SLNH's Operating Margin are 131.43% (Q4 2025), 92.45% (Q3 2025), and 107.57% (Q2 2025).