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| Date | Value |
|---|---|
| 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 |