SOL Strategies (STKE) EBITDA (2024 - 2026)

SOL Strategies (STKE) posted quarterly EBITDA of -$35.1 million for Q1 2026, down 54.99% YoY from -$78.1 million in Q1 2025, and down 174.99% sequentially from $46.9 million in Q4 2025.

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

SOL Strategies has disclosed EBITDA across 3 years of filings, most recently posting -$35.1 million for Q1 2026.

  • In Q1 2026, EBITDA fell 54.99% year-over-year to -$35.1 million; the TTM figure through Mar 2026 stood at -$12.7 million (down 53.35% YoY), while the FY2025 annual figure was -$30.8 million, down 613.42% from the prior year.
  • EBITDA retreated to -$35.1 million in Q1 2026, from $46.9 million in the prior quarter.
  • Over the last five years, EBITDA for STKE reached as high as $46.9 million in Q4 2025 and fell as low as -$35.1 million in Q1 2026.
  • The 3-year median for EBITDA is $2.2 million (2025), against an average of -$2.6 million.
  • The widest YoY moves for EBITDA: up 736.6% in 2025, down 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 tumbled by 174.99% to -$35.1 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered -$35.1 million, $46.9 million, and -$25.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 19.58 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 23.57 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 4.01 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 441.58 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 304.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 584.88 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 294.45 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 46.00 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -254.94 Mn
10 SOL Strategies - - - -35.15 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