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Segments

By product

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Data hosting revenue$12.65M+303%
Wind energy generation revenue$2.52M
Cryptocurrency mining revenue$1.72M-39.9%
Demand response service revenue$321K+99.4%
High-performance computing service revenue$0

By segment

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Data Center Hosting$12.65M
Cryptocurrency Mining$1.72M
High- Performance Computing Services$0

Other financials

Income statement

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Gross profit$766.0K-35.5%
Operating income-$16.9M-156%
Net income-$20.7M-181%
EPS (diluted)-$0.18+80.6%

Balance sheet

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Cash & equivalents$113.4M+1,048%
Total debt$39.3M+281%
Total equity$155.9M+901%
Total assets$293.5M+219%

Cash flow

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Operating cash flow-$5.2M-373%
CapEx$6.9M+62.5%
Free cash flow-$12.1M-126%

Valuation

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Market cap$283.73M+1,877%
Enterprise value$209.66M+1,319%
P/S6.7×+6.2×

Profitability

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Gross margin16.1%+12.5pp
Operating margin-127%-35.6pp
Net margin-185.9%-23.6pp
FCF margin-116.9%+267pp

Returns & leverage

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Return on equity-438%-676pp
Debt / equity0.3×
Current ratio2.1×+1.7×

Where this comes from

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

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Soluna Holdings, Inc.’s 10-Q, filed August 13, 2026.

Filed
Aug 13, 2026, 4:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-056702
(Dollars in thousands, except per share)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Wind energy generation revenue366366
Demand response service revenue321161858668
High-performance computing service revenue28
Total revenue15,0606,15824,45412,094
Operating costs:
Cost of cryptocurrency mining revenue, exclusive of depreciation9581,7672,6163,721
Cost of data hosting revenue, exclusive of depreciation7,6721,61711,2912,945
Cost of wind energy generation revenue, exclusive of depreciation2,2532,253

Item 1. Financial Statements

FAQ

What is Soluna Holdings, Inc.'s total revenue?
Soluna Holdings, Inc. (SLNH) reported total revenue of $15.06M in Q2 2026.
How has Soluna Holdings, Inc.'s total revenue changed year-over-year?
Soluna Holdings, Inc.'s total revenue increased by 144.6% year-over-year, from $6.16M to $15.06M.
What is the long-term trend for Soluna Holdings, Inc.'s total revenue?
Over 4 years (2021 to 2025), Soluna Holdings, Inc.'s total revenue has grown at a 20.0% compound annual growth rate (CAGR), from $14.35M to $29.72M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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