Growth Metrics

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

Soluna Holdings posted quarterly Cost of Revenue of $7.5 million for Q1 2026, up 57.02% year-on-year from $4.8 million in Q1 2025, and up 0.51% on a QoQ basis from $7.4 million in Q4 2025.

Soluna Holdings (SLNHP) has 12 years of Cost of Revenue data on file, last reported at $7.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 57.02% year-over-year to $7.5 million; the trailing twelve-month figure through Mar 2026 stood at $26.0 million (down 6.48% YoY), and the FY2025 full-year result was $23.3 million, down 18.75% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $7.5 million, up from $7.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $11.2 million in Q3 2022 and bottomed at $2.5 million in Q2 2023.
  • The 5-year median for Cost of Revenue is $5.8 million (2023), against an average of $6.2 million.
  • The widest annual swing landed in 2022, when Cost of Revenue surged 2452.78%; it then plunged 75.69% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $6.4 million in 2022, then slipped by 8.14% to $5.8 million in 2023, then soared by 46.73% to $8.6 million in 2024, then dropped by 13.06% to $7.4 million in 2025, then grew by 0.51% to $7.5 million in 2026.
  • The last three Cost of Revenue figures came in at $7.5 million (Q1 2026), $7.4 million (Q4 2025), and $6.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - -
2 Goldman Sachs 318.59 Bn -618.96 Bn - -
3 Schwab Charles 154.74 Bn 109.76 Bn - -
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 107.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 6.62 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - -
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 39,000.00
9 Tradeweb Markets 21.29 Bn 20.04 Bn - -
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
Sep 30, 2023 4.39 Mn
Sep 30, 2023 4.39 Mn
Jun 30, 2023 2.46 Mn
Jun 30, 2023 2.46 Mn
Mar 31, 2023 3.15 Mn
Mar 31, 2023 3.15 Mn
Dec 31, 2022 6.35 Mn
Dec 31, 2022 6.35 Mn
Sep 30, 2022 11.19 Mn
Sep 30, 2022 11.19 Mn
Jun 30, 2022 10.11 Mn
Jun 30, 2022 10.11 Mn
Mar 31, 2022 3.40 Mn
Mar 31, 2022 3.40 Mn
Dec 31, 2021 2.23 Mn
Dec 31, 2021 2.23 Mn
Sep 30, 2021 623,000.00
Sep 30, 2021 623,000.00
Jun 30, 2021 396,000.00
Jun 30, 2021 396,000.00
Mar 31, 2021 328,000.00
Mar 31, 2021 328,000.00
Dec 31, 2020 157,000.00
Dec 31, 2020 157,000.00
Sep 30, 2020 248,000.00
Sep 30, 2020 248,000.00
Jun 30, 2014 997,000.00
Jun 30, 2014 997,000.00
Mar 31, 2014 578.00
Mar 31, 2014 578.00
Dec 31, 2013 -2.65 Mn
Dec 31, 2013 -2.65 Mn
Sep 30, 2013 875,000.00
Sep 30, 2013 875,000.00
Jun 30, 2013 801,000.00
Jun 30, 2013 801,000.00
Mar 31, 2013 976.00
Mar 31, 2013 976.00
Dec 31, 2012 -1.94 Mn
Dec 31, 2012 -1.94 Mn
Sep 30, 2012 620,000.00
Sep 30, 2012 620,000.00
Jun 30, 2012 740,000.00
Jun 30, 2012 740,000.00
Mar 31, 2012 578,000.00
Mar 31, 2012 578,000.00
Dec 31, 2011 1.13 Mn
Dec 31, 2011 1.13 Mn
Sep 30, 2011 861,000.00
Sep 30, 2011 861,000.00
Jun 30, 2011 850,000.00
Jun 30, 2011 850,000.00
Mar 31, 2011 939,000.00
Mar 31, 2011 939,000.00
Dec 31, 2010 997,000.00
Dec 31, 2010 997,000.00
Sep 30, 2010 662,000.00
Sep 30, 2010 662,000.00
Jun 30, 2010 726,000.00
Jun 30, 2010 726,000.00