Soluna Holdings SLNH Revenue Breakdown

NASDAQ SLNH
$0.52 +0.06 (+13.25%)
At close: Nov 6, 2026 · 4:00 PM EST
Annual revenue breakdowns for Soluna Holdings, fiscal 2011 to 2025, as reported in its filings.
Annual history

Soluna Holdings Revenue by Product & Service

Years FY 2011–2025
Lines 4
FY 2025 Total $29.72M

Data Hosting Revenue was Soluna Holdings’s largest product and service line in fiscal 2025, bringing in $17.00M of $29.72M (57%).

Soluna Holdings revenue by product and service, fiscal 2011 to 2025
Product and Service FY 2011 FY 2012 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cryptocurrency Mining Revenue $24.41M $10.60M $17.03M $11.41M
Data Hosting Revenue $4.14M $10.20M $18.84M $17.00M
Demand Response Service Revenue — — $2.14M $1.29M
High-Performance Computing Service Revenue — — $16.00K $28.00K
Total $28.55M $21.07M $38.02M $29.72M
Totals include 5 discontinued lines from earlier reporting.

Soluna Holdings revenue by product and service: what the figures show

Soluna Holdings brought in $29.72M from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 21.8% from $38.02M in fiscal 2024. Data Hosting Revenue was the largest at $17.00M (57.2%), ahead of Cryptocurrency Mining Revenue at $11.41M (38.4%) and Demand Response Service Revenue at $1.29M (4.3%). The remaining line, High-Performance Computing Service Revenue, brought in $28.00K.

Compared with fiscal 2024, every line above 2% of revenue shrank. Data Hosting Revenue held up best, down 9.8% to $17.00M, and Demand Response Service Revenue fell the most, down 40.0% to $1.29M.

Soluna Holdings began breaking out Demand Response Service Revenue in fiscal 2024 and High-Performance Computing Service Revenue in fiscal 2024. Soluna Holdings stopped reporting Demand Response Services as a separate line after fiscal 2023, when it brought in $268.00K.

Annual history

Soluna Holdings Revenue by Geography

Years FY 2011–2012
Lines 7
FY 2012 Total $5.90M

United States Of America was Soluna Holdings’s largest region in fiscal 2012, bringing in $3.68M of $5.90M (62%).

Soluna Holdings revenue by geography, fiscal 2011 to 2012
Geography FY 2011 FY 2012
United States Of America $6.86M $3.68M
Segment, Geographical, Groups Of Countries, Group One $1.41M $1.58M
Segment, Geographical, Groups Of Countries, Group Three $719.00K $466.00K
Segment, Geographical, Groups Of Countries, Group Five $150.00K $72.00K
Segment, Geographical, Groups Of Countries, Group Two $39.00K $57.00K
Segment, Geographical, Groups Of Countries, Group Four $35.00K $23.00K
Segment, Geographical, Groups Of Countries, Group Six $4.00K $20.00K
Total $10.28M $5.90M
Totals include 1 discontinued line from earlier reporting.

Soluna Holdings revenue by geography: what the figures show

Soluna Holdings brought in $5.90M from its seven regions in fiscal 2012, the year ended December 31, 2012. Soluna Holdings regrouped these regions after fiscal 2011, so the total does not compare directly with that year's $10.28M. United States Of America was the largest at $3.68M (62.4%), ahead of Segment, Geographical, Groups Of Countries, Group One at $1.58M (26.7%) and Segment, Geographical, Groups Of Countries, Group Three at $466.00K (7.9%). The other four regions brought in $172.00K combined.

Compared with fiscal 2011, Segment, Geographical, Groups Of Countries, Group One grew fastest, up 11.8% to $1.58M, while United States Of America fell the most, down 46.3% to $3.68M.

Soluna Holdings stopped reporting Singapore as a separate region after fiscal 2011, when it brought in $1.07M.

Questions

Soluna Holdings Revenue Breakdown FAQ

How does Soluna Holdings make money?

Soluna Holdings (SLNH) reports its revenue by product and service and by geography. In fiscal 2025, Data Hosting Revenue was its largest product and service line, bringing in $17.00M (57.2% of the total), followed by Cryptocurrency Mining Revenue at $11.41M (38.4%).

What is Soluna Holdings' largest product and service line?

Data Hosting Revenue was Soluna Holdings' largest product and service line in fiscal 2025, bringing in $17.00M, or 57.2% of the $29.72M total across its four product and service lines.

What is Soluna Holdings' largest region?

United States Of America was Soluna Holdings' largest region in fiscal 2012, bringing in $3.68M, or 62.4% of the $5.90M total across its seven regions.

Where does this revenue breakdown data come from?

Every figure comes from Soluna Holdings' annual financial filings, as reported. Each line keeps the name Soluna Holdings gives it, and years follow its fiscal calendar.

How far back does Soluna Holdings' revenue breakdown go?

Soluna Holdings' revenue by product and service goes back to fiscal 2011, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.