Soluna Holdings (SLNHP) Operating Income (2010 - 2026)

Soluna Holdings (SLNHP) reported Operating Income of -$16.6 million for Q1 2026, down 131.66% on a YoY basis from $52.5 million in Q1 2025, and down 37.39% quarter-over-quarter from -$12.1 million in Q4 2025.

Soluna Holdings (SLNHP) Operating Income (2010 - 2026) Analysis & Trends

Soluna Holdings has reported Operating Income for 12 years, with the latest figure at -$16.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 131.66% year-over-year to -$16.6 million; the trailing twelve-month figure through Mar 2026 stood at -$43.1 million (up 21.73% YoY), and the FY2025 full-year result was -$33.7 million, up 29.13% from the prior year.
  • Operating Income for Q1 2026 stood at -$16.6 million, down from -$12.1 million in the prior quarter.
  • The five-year high for Operating Income was $407000.0 in Q1 2024, with the low at -$41.7 million in Q3 2022.
  • Historically, Operating Income has averaged -$11.9 million across 5 years, with a median of -$7.2 million in 2025.
  • Annual changes were most pronounced in 2022 — Operating Income slumped 4356.84% — and 2024, when it jumped 105.8%.
  • Soluna Holdings' Operating Income stood at -$26.8 million in 2022, then surged by 90.98% to -$2.4 million in 2023, then plunged by 1355.0% to -$35.2 million in 2024, then surged by 65.66% to -$12.1 million in 2025, then plunged by 37.39% to -$16.6 million in 2026.
  • The last three Operating Income figures came in at -$16.6 million (Q1 2026), -$12.1 million (Q4 2025), and -$7.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (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 304.00 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 - 287.25 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -233.52 Mn
10 Soluna Holdings - - 1.92 Mn -16.63 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -16.63 Mn
Dec 31, 2025 -12.10 Mn
Sep 30, 2025 -7.78 Mn
Jun 30, 2025 -6.62 Mn
Mar 31, 2025 -7.18 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 -26.84 Mn
Sep 30, 2022 -41.72 Mn
Jun 30, 2022 -9.43 Mn
Mar 31, 2022 -6.80 Mn
Dec 31, 2021 -1.52 Mn
Sep 30, 2021 -936,000.00
Jun 30, 2021 -1.39 Mn