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| 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 |
| 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 |