SOL Strategies (STKE) EBITDA (2024 - 2026)
SOL Strategies (STKE) posted quarterly EBITDA of -$65.5 million for Q1 2026, down 1470.72% year-over-year from $4.8 million in Q1 2025, and down 865.51% quarter-over-quarter from -$6.8 million in Q4 2025.
SOL Strategies (STKE) EBITDA (2024 - 2026) Analysis & Trends
SOL Strategies (STKE) has reported EBITDA for 3 consecutive years, with -$65.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA fell 1470.72% year-over-year to -$65.5 million; the TTM figure through Mar 2026 stood at -$104.2 million (down 2765.71% YoY), while the FY2025 annual figure was -$30.8 million, down 550.06% from the prior year.
- EBITDA fell to -$65.5 million in Q1 2026 per STKE's latest filing, from -$6.8 million in the prior quarter.
- Across five years, EBITDA topped out at $6.0 million in Q3 2024 and bottomed at -$65.5 million in Q1 2026.
- Historically, EBITDA has averaged -$12.5 million across 3 years, with a median of -$4.6 million in 2025.
- Annual changes were most pronounced in 2025 — EBITDA slumped 314.47% — and 2026, when it plunged 1470.72%.
- SOL Strategies' EBITDA stood at $3.2 million in 2024, then plunged by 314.47% to -$6.8 million in 2025, then plunged by 865.51% to -$65.5 million in 2026.
- Business Quant data shows STKE's EBITDA at -$65.5 million in Q1 2026, -$6.8 million in Q4 2025, and -$26.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 20.47 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 26.66 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 4.46 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 470.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 2.64 Bn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 617.01 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 252.46 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 35.36 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 532.81 Mn |
| 10 | SOL Strategies | 45.18 Mn | 43.83 Mn | - | -11.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -65.54 Mn |
| Dec 31, 2025 | -6.79 Mn |
| Sep 30, 2025 | -26.83 Mn |
| Jun 30, 2025 | -5.04 Mn |
| Mar 31, 2025 | -4.17 Mn |
| Dec 31, 2024 | 3.17 Mn |
| Sep 30, 2024 | 6.01 Mn |
| Jun 30, 2024 | -1.09 Mn |