Soluna Holdings (SLNHP) EBITDA (2010 - 2026)

Soluna Holdings (SLNHP) posted EBITDA of -$14.4 million for Q1 2026, down 19.2% quarter-over-quarter from -$12.1 million in Q4 2025, and down 152.96% year-on-year from $27.2 million in Q1 2025.

Soluna Holdings (SLNHP) EBITDA (2010 - 2026) Analysis & Trends

Soluna Holdings (SLNHP) has reported EBITDA for 12 consecutive years, with -$14.4 million the latest figure, recorded in Q1 2026.

  • EBITDA for Q1 2026 came in at -$14.4 million, down 152.96% year-over-year; the trailing twelve-month figure through Mar 2026 was -$40.9 million (up 23.69% YoY), and the FY2025 annual result was -$26.9 million, up 34.8% from the prior year.
  • EBITDA was -$14.4 million for Q1 2026 at Soluna Holdings, down from -$12.1 million in the prior quarter.
  • Over five years, EBITDA peaked at $407000.0 in Q1 2024 and troughed at -$41.1 million in Q3 2022.
  • Average EBITDA over 5 years is -$11.2 million, with a median of -$7.0 million recorded in 2023.
  • Year-over-year, EBITDA slumped 5178.05% in 2022 and soared 105.8% in 2024.
  • Over 5 years, EBITDA stood at -$24.0 million in 2022, then surged by 89.92% to -$2.4 million in 2023, then tumbled by 1355.0% to -$35.2 million in 2024, then surged by 65.66% to -$12.1 million in 2025, then slipped by 19.2% to -$14.4 million in 2026.
  • Per Business Quant data, the three most recent EBITDA figures were -$14.4 million in Q1 2026, -$12.1 million in Q4 2025, and -$7.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 19.58 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 23.57 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 4.01 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 441.58 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 304.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 584.88 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 294.45 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 46.00 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -254.94 Mn
10 Soluna Holdings - - 1.92 Mn -14.42 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -14.42 Mn
Dec 31, 2025 -12.10 Mn
Sep 30, 2025 -7.78 Mn
Jun 30, 2025 -6.62 Mn
Mar 31, 2025 -5.70 Mn
Dec 31, 2024 -35.24 Mn
Sep 30, 2024 -9.02 Mn
Jun 30, 2024 -3.68 Mn
Mar 31, 2024 407,000.00
Dec 31, 2023 -2.42 Mn
Sep 30, 2023 -3.74 Mn
Jun 30, 2023 -7.07 Mn
Mar 31, 2023 -7.01 Mn
Dec 31, 2022 -24.04 Mn
Sep 30, 2022 -41.12 Mn
Jun 30, 2022 -3.93 Mn
Mar 31, 2022 -6.80 Mn
Dec 31, 2021 -1.52 Mn
Sep 30, 2021 -779,000.00
Jun 30, 2021 -1.24 Mn