What is Soluna Holdings, Inc.'s EV / sales?

Soluna Holdings, Inc. (SLNH) reported EV / sales of 1.1× in Q1 2026.

How has Soluna Holdings, Inc.'s EV / sales changed year-over-year?

Soluna Holdings, Inc.'s EV / sales increased by 346.2% year-over-year, from 0.3× to 1.1×.

What is the long-term trend for Soluna Holdings, Inc.'s EV / sales?

Over 4 years (2021 to 2025), Soluna Holdings, Inc.'s EV / sales has grown at a -30.3% compound annual growth rate (CAGR), from 9.7× to 2.3×.

What does EV / sales mean?

Enterprise value at the quarter end divided by trailing-twelve-month revenue. A capital-structure-neutral revenue multiple, useful when earnings are negative.

Soluna Holdings, Inc. SLNH EV / sales

EV / sales at other companies

TeraWulfWULF

39.9×+31.0×

Riot Platforms, Inc.RIOT

8.2×+1.8×

Marathon Digital HoldingsMARA

5.8×-2.9×

Core Scientific, Inc.CORZ

16.1×+9.8×

CleanSparkCLSK

5.9×+2.6×

Cipher Digital, Inc. CIFR

44.1×+38.5×

Other financials

Income statement

See full

Revenue$9.4M+58.3%

Gross profit$1.9M+63.3%

Operating income-$16.6M-132%

Net income-$17.5M-131%

EPS (diluted)-$0.24+80.2%

Balance sheet

See full

Cash & equivalents$68.6M+649%

Total debt$28.0M+167%

Total equity$47.2M+394%

Total assets$190.4M+111%

Cash flow

See full

Operating cash flow-$6.4M-3,500%

CapEx$2.6M-27.4%

Free cash flow-$8.9M-141%

Valuation

See full

Market cap$187.72M+1,757%

Enterprise value$147.14M+1,297%

P/S5.7×+5.3×

Profitability

See full

Gross margin21.7%+9.2pp

Operating margin-130%-26.7pp

Net margin-195.6%-7.9pp

FCF margin-127.9%+1,415pp

Returns & leverage

See full

Return on equity-438%-676pp

Debt / equity0.6×—

Current ratio1.7×+1.4×

Where this comes from

Calculated from Soluna Holdings, Inc.’s reported figures.

enterprise value/total revenue=1.1×

Based on the most recent quarter.

The official record: Soluna Holdings, Inc.’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

Ask your AI about Soluna Holdings, Inc.'s ev / sales.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Soluna Holdings, Inc.'s EV / sales?: Soluna Holdings, Inc. (SLNH) reported EV / sales of 1.1× in Q1 2026.
How has Soluna Holdings, Inc.'s EV / sales changed year-over-year?: Soluna Holdings, Inc.'s EV / sales increased by 346.2% year-over-year, from 0.3× to 1.1×.
What is the long-term trend for Soluna Holdings, Inc.'s EV / sales?: Over 4 years (2021 to 2025), Soluna Holdings, Inc.'s EV / sales has grown at a -30.3% compound annual growth rate (CAGR), from 9.7× to 2.3×.
What does EV / sales mean?: Enterprise value at the quarter end divided by trailing-twelve-month revenue. A capital-structure-neutral revenue multiple, useful when earnings are negative.