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Soluna Holdings, Inc. SLNH Cryptocurrency mining revenue — Depreciation

Other product segments

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$1.19M+197%

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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 revenue — depreciation?
Soluna Holdings, Inc. (SLNH) reported cryptocurrency mining revenue — depreciation of $1.01M in Q1 2026.
How has Soluna Holdings, Inc.'s cryptocurrency mining revenue — depreciation changed year-over-year?
Soluna Holdings, Inc.'s cryptocurrency mining revenue — depreciation decreased by 5.9% year-over-year, from $1.07M to $1.01M.
What does cryptocurrency mining revenue — depreciation mean?
This metric represents the systematic allocation of the cost of tangible assets, such as mining hardware and data center infrastructure, over their estimated useful lives. It reflects the capital-intensive nature of the mining business and the ongoing need for hardware replacement. Analyzing this provides insight into the segment's capital expenditure cycle and long-term asset management.