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| Date | Value |
|---|---|
| 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 |