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Soluna Holdings, Inc. SLNH High-Performance Computing Services — Loss on contract

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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:LossOnContractTermination.

The official record: Soluna Holdings, Inc.’s 10-K, filed March 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Soluna Holdings, Inc.'s high-performance computing services — loss on contract?
Soluna Holdings, Inc. (SLNH) reported high-performance computing services — loss on contract of $0 in Q4 2025.
How has Soluna Holdings, Inc.'s high-performance computing services — loss on contract changed year-over-year?
Soluna Holdings, Inc.'s high-performance computing services — loss on contract decreased by 100.0% year-over-year, from $7.15M to $0.
What does high-performance computing services — loss on contract mean?
This metric represents the financial impact of onerous contracts within the high-performance computing segment, specifically where the unavoidable costs of meeting contractual obligations exceed the economic benefits expected to be received. It serves as a critical indicator of operational risk and project viability within the company's data center and computing services business. Investors monitor this to assess the quality of revenue streams and the potential for future write-downs related to service agreements.