Soluna Holdings (SLNH) Return on Equity [ROE] (2011 - 2026)
Soluna Holdings' Return on Equity [ROE] was -154.57% in Q3 2025, down 105.76 percentage points from -48.81% a year earlier but up 64.72 percentage points from the prior quarter.
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Analysis
Soluna Holdings (SLNH) Return on Equity [ROE] (2011 - 2026) Analysis & Trends
For FY2024, Return on Equity [ROE] at Soluna Holdings came in at -144.45%, down 88.84 percentage points from FY2023.
- Return on Equity [ROE] shows a four-year change of -184.37 percentage points (FY2020 to FY2024).
- In earlier years, Return on Equity [ROE] was -55.61% in FY2023 (+88.78 pp), -144.39% in FY2022 (-133.53 pp), -10.86% in FY2021 (-50.78 pp) and 39.92% in FY2020.
- Quarterly Return on Equity [ROE] has moved between -232.21% (Q1 2025) and -8.11% (Q4 2021) over five years.
- Compared with a year earlier, Return on Equity [ROE] has declined for four straight quarters, with an average year-over-year change of -13.43 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q1 2024 (a gain of 157.78 percentage points); the worst was Q1 2025 (a drop of 187.57 percentage points).
- Per Business Quant data, SLNH's Return on Equity [ROE] in the three quarters before Q3 2025 was -219.30% (Q2 2025), -232.21% (Q1 2025) and -147.68% (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,895.54 Bn | 3,818.69 Bn | 60.48 Bn | 31.22% |
| 2 | International Business Machines | 238.91 Bn | 189.81 Bn | 9.91 Bn | 31.73% |
| 3 | Cloudflare | 105.03 Bn | 88.56 Bn | 499.52 Mn | -13.11% |
| 4 | Equinix | 94.23 Bn | 82.79 Bn | 1.40 Bn | 10.67% |
| 5 | Nebius | 40.16 Bn | 13.60 Bn | 448.70 Mn | 0.70% |
| 6 | CoreWeave | 29.89 Bn | 16.98 Bn | 1.70 Bn | -39.41% |
| 7 | Verisign | 26.97 Bn | 24.32 Bn | 393.20 Mn | - |
| 8 | Nutanix | 19.10 Bn | 10.78 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.18 Bn | 9.76 Bn | 828.20 Mn | 746.15% |
| 10 | Soluna Holdings | 72.04 Mn | 126.49 Mn | 766,000.00 | -50.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -50.94% |
| Mar 31, 2026 | -60.31% |
| Dec 31, 2025 | -61.81% |
| Sep 30, 2025 | -154.57% |
| Jun 30, 2025 | -219.30% |
| Mar 31, 2025 | -232.21% |
| Dec 31, 2024 | -147.68% |
| Sep 30, 2024 | -48.81% |
| Jun 30, 2024 | -45.96% |
| Mar 31, 2024 | -44.64% |
| Dec 31, 2023 | -50.95% |
| Sep 30, 2023 | -88.02% |
| Jun 30, 2023 | -184.41% |
| Mar 31, 2023 | -202.43% |
| Dec 31, 2022 | -171.46% |
| Sep 30, 2022 | -84.64% |
| Jun 30, 2022 | -19.45% |
| Mar 31, 2022 | -15.12% |
| Dec 31, 2021 | -8.11% |
| Sep 30, 2021 | -18.90% |
API Access
Soluna Holdings Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=SLNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=SLNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();