Soluna Holdings (SLNHP) Cost of Revenue (2010 - 2026)
Soluna Holdings (SLNHP) reported Cost of Revenue of $7.5 million for Q1 2026, up 57.02% on a YoY basis from $4.8 million in Q1 2025, and up 0.51% quarter-over-quarter from $7.4 million in Q4 2025.
Soluna Holdings (SLNHP) Cost of Revenue (2010 - 2026) Analysis & Trends
Soluna Holdings has reported Cost of Revenue for 12 years, with the latest figure 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.
- The five-year high for Cost of Revenue was $11.2 million in Q3 2022, with the low at $2.5 million in Q2 2023.
- Historically, Cost of Revenue has averaged $6.2 million across 5 years, with a median of $5.8 million in 2023.
- Annual changes were most pronounced in 2022 — Cost of Revenue surged 2452.78% — and 2023, when it slumped 75.69%.
- Soluna Holdings' Cost of Revenue stood at $6.4 million in 2022, then decreased by 8.14% to $5.8 million in 2023, then surged by 46.73% to $8.6 million in 2024, then slipped by 13.06% to $7.4 million in 2025, then climbed 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 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | - |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | - |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | - |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 107.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | - |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | - |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | - |
| 9 | Iren | 19.97 Bn | 17.75 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 |