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 338.83 Bn 205.30 Bn - 20.47 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 26.66 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 7.05 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 532.81 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 470.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -233.52 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 2.33 Bn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 778.05 Mn
10 SOL Strategies 38.15 Mn -44,232.52 Bn - -65.54 Mn

Historic Data

Download Data
DateValue
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