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Soluna Holdings, Inc. SLNH Cryptocurrency Mining — Wages, benefits, and employee related costs

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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 slnh:WagesAndEmployeeBenefitCosts.

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 — wages, benefits, and employee related costs?
Soluna Holdings, Inc. (SLNH) reported cryptocurrency mining — wages, benefits, and employee related costs of $243K in Q1 2026.
How has Soluna Holdings, Inc.'s cryptocurrency mining — wages, benefits, and employee related costs changed year-over-year?
Soluna Holdings, Inc.'s cryptocurrency mining — wages, benefits, and employee related costs increased by 11.0% year-over-year, from $219K to $243K.
What does cryptocurrency mining — wages, benefits, and employee related costs mean?
Includes all compensation, payroll taxes, and benefits paid to personnel directly involved in the maintenance and operation of mining facilities. It reflects the human capital investment required to sustain continuous mining operations.