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Soluna Holdings, Inc. SLNH Cryptocurrency Mining — Depreciation

Other segment segments

High- Performance Computing Services
$0

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Other financials

Income statement

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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

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Cash & equivalents$68.6M+649%
Total debt$28.0M+167%
Total equity$47.2M+394%
Total assets$190.4M+111%

Cash flow

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Operating cash flow-$6.4M-3,500%
CapEx$2.6M-27.4%
Free cash flow-$8.9M-141%

Valuation

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Market cap$187.72M+1,757%
Enterprise value$147.14M+1,297%
P/S5.7×+5.3×

Profitability

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Gross margin21.7%+9.2pp
Operating margin-130%-26.7pp
Net margin-195.6%-7.9pp
FCF margin-127.9%+1,415pp

Returns & leverage

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Return on equity-438%-676pp
Debt / equity0.6×
Current ratio1.7×+1.4×

Where this comes from

Reported directly by Soluna Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSoldDepreciation.

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

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Questions, answered.

What is Soluna Holdings, Inc.'s cryptocurrency mining — depreciation?
Soluna Holdings, Inc. (SLNH) reported cryptocurrency mining — depreciation of $1.01M in Q1 2026.
How has Soluna Holdings, Inc.'s cryptocurrency mining — depreciation changed year-over-year?
Soluna Holdings, Inc.'s cryptocurrency mining — depreciation decreased by 5.9% year-over-year, from $1.07M to $1.01M.
What does cryptocurrency mining — depreciation mean?
The systematic allocation of the cost of mining hardware and infrastructure over its estimated useful life. High depreciation reflects significant capital expenditure in mining rigs and the rapid technological obsolescence inherent in the industry.