SOL Strategies (STKE) EBITDA (2024 - 2026)

SOL Strategies (STKE) reported EBITDA of -$35.1 million for Q1 2026, down 254.99% year-over-year from $22.7 million in Q1 2025, and down 174.99% quarter-over-quarter from $46.9 million in Q4 2025.

SOL Strategies (STKE) EBITDA (2024 - 2026) Analysis & Trends

SOL Strategies (STKE) has 3 years of EBITDA data on file, last reported at -$35.1 million in Q1 2026.

  • EBITDA for Q1 2026 came in at -$35.1 million, down 254.99% year-over-year; the trailing twelve-month figure through Mar 2026 was -$12.7 million (down 134.26% YoY), and the FY2025 annual result was -$30.8 million, down 613.42% from the prior year.
  • EBITDA declined to -$35.1 million in Q1 2026 per STKE's latest filing, from $46.9 million in the prior quarter.
  • Over five years, EBITDA peaked at $46.9 million in Q4 2025 and troughed at -$35.1 million in Q1 2026.
  • A 3-year average of $3.0 million and a median of $4.4 million in 2024 frame the typical range for EBITDA.
  • On a YoY basis, EBITDA climbed as much as 736.6% in 2025 and fell as far as 585.9% in 2025.
  • A 3-year view of EBITDA shows it stood at $5.6 million in 2024, then soared by 736.6% to $46.9 million in 2025, then sank by 174.99% to -$35.1 million in 2026.
  • Business Quant data shows STKE's EBITDA at -$35.1 million in Q1 2026, $46.9 million in Q4 2025, and -$25.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -35.15 Mn
2 Morgan Stanley 349.82 Bn 216.29 Bn - 19.58 Bn
3 Goldman Sachs 333.85 Bn -603.70 Bn - 23.57 Bn
4 Schwab Charles 160.31 Bn 115.33 Bn - 4.01 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 - 246.00 Mn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 584.88 Mn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 294.45 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -254.94 Mn
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn 46.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -35.15 Mn
Dec 31, 2025 46.87 Mn
Sep 30, 2025 -25.10 Mn
Jun 30, 2025 675,776.94
Mar 31, 2025 22.68 Mn
Dec 31, 2024 5.60 Mn
Sep 30, 2024 5.17 Mn
Jun 30, 2024 3.63 Mn