Soluna Holdings (SLNHP) Net Margin (2010 - 2026)

Soluna Holdings (SLNHP) reported Net Margin of 190.57% for Q1 2026, down 6668.0% on a YoY basis from 2.9% in Q1 2025, and down 22.0% quarter-over-quarter from 156.21% in Q4 2025.

Soluna Holdings (SLNHP) Net Margin (2010 - 2026) Analysis & Trends

Soluna Holdings has reported Net Margin for 12 years, with the latest figure at 190.57% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 6668.0% year-over-year to 190.57%; the trailing twelve-month figure through Mar 2026 stood at 200.31% (up 62.0% YoY), and the FY2025 full-year result was 191.78%, down 3844.0% from the prior year.
  • Net Margin for Q1 2026 stood at 190.57%, down from 156.21% in the prior quarter.
  • The five-year high for Net Margin was 86.99% in Q2 2022, with the low at 474.08% in Q2 2023.
  • Historically, Net Margin has averaged 140.13% across 5 years, with a median of 107.55% in 2024.
  • Annual changes were most pronounced in 2023 — Net Margin plunged 56107 bps — and 2024, when it surged 37956 bps.
  • Soluna Holdings' Net Margin stood at 4.06% in 2022, then sank by 1457 bps to 55.16% in 2023, then tumbled by 744 bps to 465.64% in 2024, then soared by 66 bps to 156.21% in 2025, then dropped by 22 bps to 190.57% in 2026.
  • The last three Net Margin figures came in at 190.57% (Q1 2026), 156.21% (Q4 2025), and 306.44% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 26.29%
3 Goldman Sachs 333.85 Bn -603.70 Bn - 31.36%
4 Schwab Charles 160.31 Bn 115.33 Bn - 36.98%
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 32.80%
6 Interactive Brokers 42.79 Bn 53.38 Bn - 16.00%
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 7.22%
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 37.74%
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -171.16%
10 Soluna Holdings - - 1.92 Mn -190.57%

Historic Data

Download Data
DateValue
Mar 31, 2026 -190.57%
Dec 31, 2025 -156.21%
Sep 30, 2025 -306.44%
Jun 30, 2025 -136.10%
Mar 31, 2025 -123.89%
Dec 31, 2024 -465.64%
Sep 30, 2024 -107.55%
Jun 30, 2024 -94.52%
Mar 31, 2024 -20.27%
Dec 31, 2023 -55.16%
Sep 30, 2023 -103.78%
Jun 30, 2023 -474.08%
Mar 31, 2023 -241.14%
Dec 31, 2022 4.06%
Sep 30, 2022 -0.33%
Jun 30, 2022 86.99%
Mar 31, 2022 2.43%
Dec 31, 2021 7.32%
Sep 30, 2021 10.34%
Jun 30, 2021 13.10%