Soluna Holdings, Inc. SLNH Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 21.7%0.0pp | 21.7%+5.4pp | 16.3%+12.7pp | 3.6%-8.9pp | 12.5%-13.0pp | |
| Operating margin | -130%-16.7pp | -113.3%+84.1pp | -197.4%+10.7pp | -208.2%-32.7pp | -175.5%-50.5pp | |
| Net margin | -195.6%-10.6pp | -185%+84.0pp | -269%-51.5pp | -217.4%-13.2pp | -204.2%-41.6pp | |
| EBITDA margin | -101.1%-20.0pp | -81%+83.0pp | -164%+9.7pp | -173.7%-28.8pp | -144.8%-45.1pp | |
| Free cash flow margin | -127.9%-2.7pp | -125.2%-30.4pp | -94.8%-9.4pp | -85.4%-18.6pp | -66.7%-30.1pp | |
| Returns | ||||||
| Return on assets | -46.3%-6.4pp | -39.8%+22.3pp | -62.1%+1.5pp | -63.6%+7.4pp | -71%-2.0pp | |
| Efficiency | ||||||
| Asset turnover | 0.2×0.0× | 0.2×0.0× | 0.2×-0.1× | 0.3×-0.1× | 0.3×-0.1× | |
| Liquidity | ||||||
| Current ratio | 1.7×-0.1× | 1.9×+0.7× | 1.2×+0.8× | 0.4×0.0× | 0.3×0.0× | |
| Quick ratio | 1.7×-0.1× | 1.9×+0.7× | 1.2×+0.8× | 0.4×0.0× | 0.3×0.0× | |
| Cash ratio | 1.3×-0.2× | 1.6×+0.6× | 0.9×+0.7× | 0.2×0.0× | 0.2×0.0× | |
| Leverage | ||||||
| Debt-to-assets | 0.1×0.0× | 0.2×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Interest coverage | -7.9×-0.9× | -7×+7.0× | -13.9×+1.8× | -15.7×+3.0× | -18.7×+0.1× | |
| Per Share | ||||||
| Book value per share | $0.56-69.5% | $1.84+244% | $0.54+131% | -$1.75+5.2% | -$1.84+24.6% | |
| Valuation | ||||||
| Market capitalization | $187.72M+1,757% | $115.33M-20.2% | $144.6M+1,343% | $10.02M+48.0% | $6.77M-61.7% | |
| Enterprise value | $147.14M+1,297% | $68.17M-38.1% | $110.16M+955% | $10.44M+29.0% | $8.09M-52.9% | |
| Price / sales | 5.7×+5.3× | 3.9×-1.1× | 5×+4.7× | 0.4×+0.1× | 0.2×-0.2× | |
| EV / sales | 4.4×+4.1× | 2.3×-1.5× | 3.8×+3.5× | 0.4×+0.1× | 0.3×-0.2× | |
| Free cash flow yield | -22.6%+213pp | -32.3%-13.4pp | -18.9%+219pp | -237.6%+72.1pp | -309.7%-231pp | |
| Earnings yield | -34.6%+565pp | -47.7%+5.9pp | -53.5%+552pp | -605.3%+342pp | -947.8%-598pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Soluna Holdings, Inc.'s profit margins?
- Soluna Holdings, Inc. (SLNH) runs a 21.7% gross margin and a -130.0% operating margin, with a -195.6% net margin.
- Where do Soluna Holdings, Inc.'s ratios come from?
- Every ratio is computed from Soluna Holdings, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
