Soluna Holdings (SLNHP) Cost of Revenue (2010 - 2026)

Soluna Holdings (SLNHP) posted Cost of Revenue of $7.5 million for Q1 2026, up 0.51% quarter-over-quarter from $7.4 million in Q4 2025, and up 57.02% year-on-year from $4.8 million in Q1 2025.

Soluna Holdings (SLNHP) Cost of Revenue (2010 - 2026) Analysis & Trends

Soluna Holdings (SLNHP) has reported Cost of Revenue for 12 consecutive years, with $7.5 million the latest figure, recorded in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $7.5 million, up 57.02% year-over-year; the trailing twelve-month figure through Mar 2026 was $26.0 million (down 6.48% YoY), and the FY2025 annual result was $23.3 million, down 18.75% from the prior year.
  • Cost of Revenue was $7.5 million for Q1 2026 at Soluna Holdings, up from $7.4 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $11.2 million in Q3 2022 and troughed at $2.5 million in Q2 2023.
  • Average Cost of Revenue over 5 years is $6.2 million, with a median of $5.8 million recorded in 2023.
  • Year-over-year, Cost of Revenue jumped 2452.78% in 2022 and plunged 75.69% in 2023.
  • Over 5 years, Cost of Revenue stood at $6.4 million in 2022, then declined by 8.14% to $5.8 million in 2023, then surged by 46.73% to $8.6 million in 2024, then fell by 13.06% to $7.4 million in 2025, then rose by 0.51% to $7.5 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $7.5 million in Q1 2026, $7.4 million in Q4 2025, and $6.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -
2 Goldman Sachs 309.79 Bn -627.76 Bn - -
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 65.09 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 107.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 6.62 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 39,000.00
10 Soluna Holdings - - 1.92 Mn 7.48 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.48 Mn
Mar 31, 2026 7.48 Mn
Dec 31, 2025 7.44 Mn
Dec 31, 2025 7.44 Mn
Sep 30, 2025 6.09 Mn
Sep 30, 2025 6.09 Mn
Jun 30, 2025 4.97 Mn
Jun 30, 2025 4.97 Mn
Mar 31, 2025 4.76 Mn
Mar 31, 2025 4.76 Mn
Dec 31, 2024 8.56 Mn
Dec 31, 2024 8.56 Mn
Sep 30, 2024 8.89 Mn
Sep 30, 2024 8.89 Mn
Jun 30, 2024 5.57 Mn
Jun 30, 2024 5.57 Mn
Mar 31, 2024 5.62 Mn
Mar 31, 2024 5.62 Mn
Dec 31, 2023 5.83 Mn
Dec 31, 2023 5.83 Mn