Soluna Holdings (SLNHP) Gross Margin (2010 - 2026)
Soluna Holdings (SLNHP) posted Gross Margin of 20.39% for Q1 2026, up 6.28% quarter-over-quarter from 19.18% in Q4 2025, and up 62.0% year-on-year from 12.58% in Q1 2025.
Soluna Holdings (SLNHP) Gross Margin (2010 - 2026) Analysis & Trends
Soluna Holdings (SLNHP) has reported Gross Margin for 12 consecutive years, with 20.39% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 20.39%, up 62.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.7% (up 1013.0% YoY), and the FY2025 annual result was 21.73%, up 8416.0% from the prior year.
- Gross Margin was 20.39% for Q1 2026 at Soluna Holdings, up from 19.18% in the prior quarter.
- Over five years, Gross Margin peaked at 63.54% in Q1 2022 and troughed at 75.58% in Q3 2022.
- Average Gross Margin over 5 years is 8.69%, with a median of 19.29% recorded in 2025.
- Year-over-year, Gross Margin plunged 15564 bps in 2022 and surged 9985 bps in 2023.
- Over 5 years, Gross Margin stood at 51.8% in 2022, then surged by 182 bps to 42.35% in 2023, then slumped by 108 bps to 3.47% in 2024, then soared by 653 bps to 19.18% in 2025, then increased by 6 bps to 20.39% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 20.39% in Q1 2026, 19.18% in Q4 2025, and 27.68% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (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 | 206.12% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 89.97% |
| 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 | 84.10% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 99.97% |
| 10 | Soluna Holdings | - | - | 1.92 Mn | 20.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.39% |
| Dec 31, 2025 | 19.18% |
| Sep 30, 2025 | 27.68% |
| Jun 30, 2025 | 19.29% |
| Mar 31, 2025 | 19.76% |
| Dec 31, 2024 | -3.47% |
| Sep 30, 2024 | -18.13% |
| Jun 30, 2024 | 42.48% |
| Mar 31, 2024 | 55.26% |
| Dec 31, 2023 | 42.35% |
| Sep 30, 2023 | 24.27% |
| Jun 30, 2023 | -18.86% |
| Mar 31, 2023 | -2.14% |
| Dec 31, 2022 | -51.80% |
| Sep 30, 2022 | -75.58% |
| Jun 30, 2022 | -16.52% |
| Mar 31, 2022 | 63.54% |
| Dec 31, 2021 | 73.95% |
| Sep 30, 2021 | 80.06% |
| Jun 30, 2021 | 76.10% |