VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesMarketEarningsCompareWatchlistInsider
SLNHSoluna Holdings, Inc.
$1.72$145M
Research
Overview
Valuation
ValuationTargetsPrice
Financials
RevenueEarningsP/ERatiosDividend
Ownership
Holders
Tools
Total ReturnDCA Calculator
← Back to Screener
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Data updated daily

Product

  • Screener
  • Themes
  • Valuation
  • Total Return
  • DCA Calculator
  • News
  • Earnings

Resources

  • Market Valuation
  • Compare
  • Insider Activity
  • Methodology
  • How It Works
  • Glossary
  • Learn

Get Ideas

Get weekly stock ideas — free

Follow VCP Scanner on XFollow VCP Scanner on LinkedIn
© 2026 VCP Scanner
AboutPrivacyTerms
Not financial advice. Do your own research.
ScreenerNewsCompareWatchlist

SLNH logoSoluna Holdings, Inc.(SLNH)Earnings, Financials & Key Ratios

SLNH•NASDAQ
Price updated Jun 19, 2026
SectorTechnologyIndustryTech Hardware & EquipmentSub-IndustryPower Conversion and Protection Electronics
AboutSoluna Holdings, Inc. builds and develops modular data centers for cryptocurrency mining. It also operates in the blockchain business. The company is headquartered in Albany, New York.Show more
  • Revenue$30M-21.8%
  • EBITDA-$17M+46.3%
  • Net Income-$53M+15.7%
  • EPS (Diluted)-2.38-197.5%
  • Gross Margin21.73%-64.0%
  • EBITDA Margin-57.66%+31.2%
  • Operating Margin-113.3%+9.4%
  • Net Margin-179.73%-7.9%
  • ROE-76.52%+51.2%

SLNH Key Insights

Soluna Holdings, Inc. (SLNH) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 84 (top 16%)
  • ✓Strong 5Y sales CAGR of 118.6%
  • ✓Share count reduced 53.8% through buybacks
  • ✓Trading at only 0.4x book value

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Get notified when SLNH posts new earnings or crosses analyst targets

Free. No account needed. Unsubscribe any time.

Free. Unsubscribe any time.

SLNH Price & Volume

Soluna Holdings, Inc. (SLNH) stock price & volume — 10-year historical chart

Loading chart...

SLNH Growth Metrics

Soluna Holdings, Inc. (SLNH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years16.72%
5 Years118.62%
3 Years1.35%
TTM5.62%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM3.53%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM74.63%

Return on Capital

10 Years-27.78%
5 Years-55.95%
3 Years-54.61%
Last Year-37.64%

SLNH Recent Earnings

Soluna Holdings, Inc. (SLNH) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 1/12 qtrs (33%)●Beat Revenue 0/12 qtrs (0%)
Q2 2026Latest
May 15, 2026
Metric
Actual
Est
EPS
$0.24
—
Rev
$9M
—
Q2 2026
Mar 30, 2026
Metric
Actual
Est
EPS
$0.20+0.0%
$0.20
Rev
$9M-13.2%
$11M
Q4 2025
Nov 14, 2025
Metric
Actual
Est
EPS
$0.70-14.8%
$0.61
Rev
$8M-6.5%
$9M
Q3 2025
Aug 14, 2025
Metric
Actual
Est
EPS
$0.69+9.2%
$0.76
Rev
$6M-31.6%
$9M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 15, 2026
$0.24
$9M
Q2 2026Mar 30, 2026
$0.20vs $0.20+0.0%
$9Mvs $11M-13.2%
Q4 2025Nov 14, 2025
$0.70vs $0.61-14.8%
$8Mvs $9M-6.5%
Q3 2025Aug 14, 2025
$0.69vs $0.76+9.2%
$6Mvs $9M-31.6%
Based on last 12 quarters of dataView full earnings history →

SLNH Peer Comparison

Soluna Holdings, Inc. (SLNH) competitors in Power Conversion and Protection Electronics — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
MARA logoMARAMarathon Digital Holdings, Inc.Direct Competitor5.42B14.22-3.8538.2%-234.83%-51.65%1.05
RIOT logoRIOTRiot Platforms, Inc.Direct Competitor10.65B28.10-14.4171.89%-132.76%-28.78%0.10
CLSK logoCLSKCleanSpark, Inc.Direct Competitor4.42B17.2415.39102.21%-67.66%-29.93%0.38
IREN logoIRENIREN LimitedDirect Competitor21.4B59.96153.74167.65%31.71%9.12%0.53
HUT logoHUTHut 8 Corp.Direct Competitor14.01B124.44-58.15-90.71%-17.66%0.25
BTBT logoBTBTBit Digital, Inc.Product Competitor706.64M2.17-7-30.65%-146.01%-0.11%0.16
CIFR logoCIFRCipher Mining Inc.Product Competitor11.84B29.18-13.5748.04%-5.13%-115.53%3.31
BITF logoBITFBitfarms Ltd.Product Competitor1.29B2.16-16.6218.87%-197.58%-69.94%1.22

Compare SLNH vs Peers

Soluna Holdings, Inc. (SLNH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MARA

Most directly comparable listed peer for SLNH.

Scale Benchmark

vs NEE

Larger-name benchmark to compare SLNH against a more recognizable public peer.

Peer Set

Compare Top 5

vs MARA, RIOT, CLSK, IREN

SLNH Income Statement

Soluna Holdings, Inc. (SLNH) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Sales/Revenue
7.06M8.06M6.57M595K14.35M28.55M21.07M38.02M29.72M33.17M
Revenue Growth %
0.07%14.18%-18.49%-90.95%2310.92%99%-26.21%80.49%-21.84%5.62%
Cost of Goods Sold
2.23M2.33M2.21M405K8.07M3.57M5.6M15.1M23.26M28.38M
COGS % of Revenue
31.64%28.86%33.56%68.07%56.26%12.51%26.59%39.72%78.27%-
Gross Profit
4.83M▲ 0%
5.74M▲ 18.8%
4.37M▼ 23.9%
190K▼ 95.6%
6.28M▲ 3202.6%
24.98M▲ 298.0%
15.46M▼ 38.1%
22.92M▲ 48.2%
6.46M▼ 71.8%
4.8M▲ 0%
Gross Margin %
68.36%71.14%66.44%31.93%43.74%87.49%73.41%60.28%21.73%14.46%
Gross Profit Growth %
11.38%18.81%-23.87%-95.65%3202.63%298.01%-38.08%48.21%-71.82%-
Operating Expenses
4.24M4.21M4.11M1.83M10.75M109.77M35.71M70.44M40.13M47.93M
OpEx % of Revenue
60.03%52.25%62.5%307.9%74.95%384.51%169.5%185.27%135.03%-
Selling, General & Admin
3.09M2.98M2.73M1.83M9.17M19.27M15.69M47.22M30.52M40.71M
SG&A % of Revenue
43.76%36.91%41.49%307.9%63.92%67.5%74.48%124.2%102.7%-
Research & Development
1.15M1.24M1.38M1.49M000000
R&D % of Revenue
16.27%15.33%21.02%250.59%------
Other Operating Expenses
000-1.49M1.58M90.5M20.02M23.22M9.61M3M
Operating Income
588K▲ 0%
1.52M▲ 159.0%
259K▼ 83.0%
-1.64M▼ 734.0%
-4.48M▼ 172.6%
-84.79M▼ 1794.3%
-20.24M▲ 76.1%
-47.52M▼ 134.8%
-33.67M▲ 29.2%
-43.13M▲ 0%
Operating Margin %
8.33%18.89%3.94%-275.97%-31.2%-297.02%-96.08%-124.99%-113.3%-130.01%
Operating Income Growth %
262.88%159.01%-82.99%-733.98%-172.59%-1794.33%76.13%-134.79%29.15%-
EBITDA
669K1.62M346K-1.48M-604K-56.58M-6.86M-31.88M-17.14M-25.83M
EBITDA Margin %
9.47%20.08%5.27%-247.9%-4.21%-198.19%-32.58%-83.86%-57.66%-77.87%
EBITDA Growth %
342.39%142%-78.63%-526.3%59.05%-9266.89%87.87%-364.5%46.26%34.48%
D&A (Non-Cash Add-back)
81K96K87K167K3.87M28.21M13.38M15.64M16.53M17.3M
EBIT
588K1.52M295K-1.54M-4.46M-36.67M-19.67M-47.39M-54.47M-64.16M
Net Interest Income
0000-1.88M-8.38M-2.75M-2.53M-4.83M-6.04M
Interest Income
0000000000
Interest Expense
00001.88M8.38M2.75M2.53M4.83M6.04M
Other Income/Expense
021K36K100K-1.87M-23.57M-8.53M-13.26M-25.64M-26.93M
Pretax Income
588K▲ 0%
1.54M▲ 162.6%
295K▼ 80.9%
-1.54M▼ 622.7%
-6.34M▼ 311.4%
-108.36M▼ 1608.1%
-28.77M▲ 73.5%
-60.79M▼ 111.3%
-59.31M▲ 2.4%
-70.06M▲ 0%
Pretax Margin %
8.33%19.15%4.49%-259.16%-44.22%-379.59%-136.57%-159.88%-199.57%-211.18%
Income Tax
6K-392K-28K-332K44K-1.35M-1.07M-2.49M-2.32M-2.52M
Effective Tax Rate %
1.02%-25.39%-9.49%21.53%-0.69%1.24%3.71%4.09%3.91%3.59%
Net Income
582K▲ 0%
1.94M▲ 232.6%
323K▼ 83.3%
1.95M▲ 502.5%
-5.26M▼ 370.3%
-98.72M▼ 1776.4%
-29.2M▲ 70.4%
-63.33M▼ 116.9%
-53.41M▲ 15.7%
-63.32M▲ 0%
Net Margin %
8.24%24.01%4.92%327.06%-36.67%-345.8%-138.62%-166.58%-179.73%-190.88%
Net Income Growth %
262.12%232.65%-83.32%502.48%-370.35%-1776.35%70.42%-116.89%15.67%3.53%
Net Income (Continuing)
582K1.94M323K-1.21M-6.39M-107.02M-27.7M-58.3M-56.99M-67.54M
Discontinued Operations
0003.16M1.13M7.92M0000
Minority Interest
000004.41M26.84M39.84M57.38M65.8M
EPS (Diluted)
1.56▲ 0%
5.12▲ 228.2%
0.84▼ 83.6%
5.08▲ 504.8%
-13.49▼ 365.6%
-178.57▼ 1223.7%
-27.79▲ 84.4%
-0.80▲ 97.1%
-2.38▼ 197.5%
-0.75▲ 0%
EPS Growth %
1300%228.21%-83.59%504.76%-365.55%-1223.72%84.44%97.12%-197.5%74.63%
EPS (Basic)
1.505.160.855.08-13.49-178.57-27.79-0.80-2.38-
Diluted Shares Outstanding
388K377.99K384.1K383.27K473.61K599.3K1.31M62.81M29.05M84.1M
Basic Shares Outstanding
373.31K375.28K381.94K383.27K473.61K599.3K1.31M62.81M29.05M84.1M
Dividend Payout Ratio
--1096.28%-------

SLNH Balance Sheet

Soluna Holdings, Inc. (SLNH) balance sheet — assets, liabilities & shareholders' equity

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Current Assets
6.02M7.56M4.24M4.78M24.98M3.76M14.28M13.49M92.13M90.72M
Cash & Short-Term Investments
3.83M5.77M2.51M2.63M10.26M1.14M6.37M7.84M76.42M68.57M
Cash Only
3.83M5.77M2.51M2.63M10.26M1.14M6.37M7.84M76.42M68.57M
Short-Term Investments
0000000000
Accounts Receivable
1.41M871K745K59K531K539K3.39M2.71M5.52M5.46M
Days Sales Outstanding
72.6839.4341.3836.1913.516.8958.8125.9867.8249.61
Inventory
694K863K924K0000000
Days Inventory Outstanding
113.39135.37152.95-------
Other Current Assets
90K002.09M4M912K4.52M2.95M10.18M16.69M
Total Non-Current Assets
184K576K1.52M3.87M92.71M81.2M76.99M74.55M95.82M99.7M
Property, Plant & Equipment
184K181K1.12M1.15M45M42.44M45M47.6M77.28M81.56M
Fixed Asset Turnover
38.38x44.54x5.86x0.52x0.32x0.67x0.47x0.80x0.38x0.47x
Goodwill
0000000000
Intangible Assets
000045.84M36.43M27.01M17.62M8.26M5.93M
Long-Term Investments
000750K750K001.46M7.92M24.36M
Other Non-Current Assets
0001.27M1.12M2.33M4.98M7.87M2.35M4.3M
Total Assets
6.2M▲ 0%
8.14M▲ 31.2%
5.75M▼ 29.3%
8.65M▲ 50.4%
117.69M▲ 1261.1%
84.96M▼ 27.8%
91.28M▲ 7.4%
88.04M▼ 3.5%
187.94M▲ 113.5%
190.42M▲ 0%
Asset Turnover
1.14x0.99x1.14x0.07x0.12x0.34x0.23x0.43x0.16x0.21x
Asset Growth %
19.73%31.22%-29.33%50.36%1261.1%-27.81%7.43%-3.55%113.48%274.3%
Total Current Liabilities
1.24M1.19M1.14M1.64M15.68M29.52M28.18M47.87M49.19M51.91M
Accounts Payable
325K201K210K192K2.96M3.55M2.1M2.84M4.86M4.22M
Days Payables Outstanding
53.131.5334.76173.04133.79362.55136.7968.6476.2557.49
Short-Term Debt
000134K8.12M22.63M19.34M14.51M8.94M10.13M
Deferred Revenue (Current)
0000316K453K1.59M21.43M1.91M43.11M
Other Current Liabilities
581K617K520K961K1.24M001.1M19.87M21.83M
Current Ratio
4.86x6.34x3.71x2.92x1.59x0.13x0.51x0.28x1.87x1.75x
Quick Ratio
4.30x5.62x2.90x2.92x1.59x0.13x0.51x0.28x1.87x1.75x
Cash Conversion Cycle
132.97143.27159.57-------7.88
Total Non-Current Liabilities
325K0776K1.09M11.02M9.17M9.74M12.8M26.51M24.15M
Long-Term Debt
00000007.06M17.9M15.91M
Capital Lease Obligations
00776K297K237K84K216K252K2.42M8.18M
Deferred Tax Liabilities
000010.28M8.89M7.78M5.26M2.91M12.94M
Other Non-Current Liabilities
000797K509K203K499K235K743K946K
Total Liabilities
1.24M1.19M1.92M2.73M26.71M38.69M37.92M60.68M75.7M76.06M
Total Debt
00947K431K8.54M22.88M19.77M21.82M29.27M27.99M
Net Debt
-3.83M-5.77M-1.56M-2.2M-1.72M21.74M13.41M13.97M-47.16M-40.58M
Debt / Equity
--0.25x0.07x0.09x0.49x0.37x0.80x0.26x0.25x
Debt / EBITDA
--2.74x-------1.08x
Net Debt / EBITDA
-5.72x-3.56x-4.52x------1.57x
Interest Coverage
-----2.38x-4.38x-7.16x-18.75x-11.27x-10.62x
Total Equity
4.96M▲ 0%
6.95M▲ 39.9%
3.83M▼ 44.8%
5.92M▲ 54.3%
90.99M▲ 1438.0%
46.27M▼ 49.1%
53.36M▲ 15.3%
27.36M▼ 48.7%
112.25M▲ 310.2%
113.04M▲ 0%
Equity Growth %
19.61%39.93%-44.82%54.34%1438%-49.14%15.32%-48.72%310.23%630.12%
Book Value per Share
12.7918.389.9815.44192.1277.2140.620.443.861.34
Total Shareholders' Equity
4.96M6.95M3.83M5.92M90.99M41.87M26.51M-12.48M54.86M47.25M
Common Stock
104K105K106K11K15K1K3K5K103K112K
Retained Earnings
-120.4M-118.46M-119.74M-117.79M-123.05M-221.77M-250.97M-314.3M-367.71M-385.18M
Treasury Stock
-13.76M-13.76M-13.76M-13.76M-13.76M-13.8M-13.8M-13.8M-13.87M-13.87M
Accumulated OCI
0000000000
Minority Interest
000004.41M26.84M39.84M57.38M65.8M

SLNH Cash Flow Statement

Soluna Holdings, Inc. (SLNH) cash flow — operating, investing & free cash flow history

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations
363K2M289K1.9M5.55M-5.75M-2.99M-5.07M-9.15M-15.34M
Operating CF Margin %
5.14%24.76%4.4%319.5%38.7%-20.14%-14.18%-13.33%-30.79%-
Operating CF Growth %
-30.46%449.86%-85.52%557.79%192.06%-203.55%48.04%-69.7%-80.49%-7373.54%
Net Income
582K1.94M323K-1.21M-6.39M-99.09M-27.7M-58.3M-53.41M-63.32M
Depreciation & Amortization
81K96K87K81K3.87M28.42M13.62M15.77M7.04M14.93M
Stock-Based Compensation
41K6K31K01.94M3.67M4.31M5.31M10.57M17.06M
Deferred Taxes
0-395K0-336K41K-1.39M-1.11M-2.52M-2.34M-2.53M
Other Non-Cash Items
-27K-208K37K3.24M2.9M62.51M5.63M39.61M21.36M18.71M
Working Capital Changes
-314K435K-189K125K3.19M139K2.27M-4.94M7.64M2.2M
Change in Receivables
-527K535K125K-26K-471K211K-2.62M-505K-2.83M-3.09M
Change in Inventory
13K-87K-94K99K000000
Change in Payables
201K-124K9K163K2.77M553K-862K741K2.01M-554K
Cash from Investing
-107K-93K-83K-1.86M-57.3M-45.63M-10.33M-13.16M-31.85M-24.21M
Capital Expenditures
-107K-93K-83K-1.08M-55.7M-63.68M-12.71M-13.38M-28.07M-34.58M
CapEx % of Revenue
1.52%1.15%1.26%182.18%388.3%223.08%60.31%35.19%94.44%104.25%
Acquisitions
00000000010.23M
Investments
----------
Other Investing
-107K00-30K-1.6M18.05M2.38M215K-3.79M147K
Cash from Financing
191K40K-3.47M83K59.38M42.94M21.86M18.32M119.39M111.09M
Debt Issued (Net)
000016M26.05M2.75M9.52M23.77M40.44M
Equity Issued (Net)
-25K074K83K45.22M19.52M817K2.33M84.71M61.79M
Dividends Paid
00-3.54M0-630K-3.85M0000
Share Repurchases
-25K000000000
Other Financing
216K40K00-1.2M1.23M18.3M6.46M10.91M8.86M
Net Change in Cash
447K▲ 0%
1.94M▲ 334.7%
-3.26M▼ 267.8%
120K▲ 103.7%
7.63M▲ 6256.7%
-8.44M▼ 210.6%
8.55M▲ 201.3%
86K▼ 99.0%
78.39M▲ 91051.2%
69.14M▲ 0%
Free Cash Flow
256K▲ 0%
1.9M▲ 643.4%
206K▼ 89.2%
817K▲ 296.6%
-51.72M▼ 6430.0%
-69.51M▼ 34.4%
-15.75M▲ 77.3%
-18.45M▼ 17.1%
-37.21M▼ 101.7%
-50M▲ 0%
FCF Margin %
3.63%23.6%3.14%137.31%-360.52%-243.49%-74.77%-48.52%-125.23%-150.72%
FCF Growth %
-33.68%643.36%-89.18%296.6%-6429.99%-34.41%77.34%-17.12%-101.73%-97.07%
FCF per Share
0.665.030.542.13-109.20-115.98-11.99-0.29-1.28-0.59
FCF Conversion (FCF/Net Income)
0.62x1.03x0.89x0.98x-1.06x0.06x0.10x0.08x0.17x0.79x
Interest Paid
00006K1.31M827K00400K
Taxes Paid
0000000000

SLNH Key Ratios

Soluna Holdings, Inc. (SLNH) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)
12.77%32.51%5.99%39.92%-10.86%-143.84%-58.62%-156.92%-76.52%-77.2%
Return on Invested Capital (ROIC)
46.3%98.85%11.28%-41.14%-7.22%-80.86%-22.53%-65.94%-47.45%-57.27%
Gross Margin
68.36%71.14%66.44%31.93%43.74%87.49%73.41%60.28%21.73%14.46%
Net Margin
8.24%24.01%4.92%327.06%-36.67%-345.8%-138.62%-166.58%-179.73%-190.88%
Debt / Equity
--0.25x0.07x0.09x0.49x0.37x0.80x0.26x0.25x
Interest Coverage
-----2.38x-4.38x-7.16x-18.75x-11.27x-10.62x
FCF Conversion
0.62x1.03x0.89x0.98x-1.06x0.06x0.10x0.08x0.17x0.79x
Revenue Growth
0.07%14.18%-18.49%-90.95%2310.92%99%-26.21%80.49%-21.84%5.62%
Related:SLNH Dividend History·SLNH Revenue History·SLNH Price History·SLNH P/E History·SLNH Financial Ratios·SLNH Institutional Holders

SLNH SEC Filings & Documents

Soluna Holdings, Inc. (SLNH) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 20, 2026·SEC

Material company update

May 18, 2026·SEC

Material company update

May 7, 2026·SEC

10-K Annual Reports

1
FY 2026

Mar 30, 2026·SEC

10-Q Quarterly Reports

3
FY 2026

May 15, 2026·SEC

FY 2025

Nov 14, 2025·SEC

FY 2025

Aug 14, 2025·SEC

SLNH Frequently Asked Questions

Soluna Holdings, Inc. (SLNH) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Soluna Holdings, Inc. (SLNH) reported $33.2M in revenue for fiscal year 2025. This represents a 4% increase from $31.9M in 1996.

Soluna Holdings, Inc. (SLNH) saw revenue decline by 21.8% over the past year.

Soluna Holdings, Inc. (SLNH) reported a net loss of $63.3M for fiscal year 2025.

Dividend & Returns

Soluna Holdings, Inc. (SLNH) has a return on equity (ROE) of -76.5%. Negative ROE indicates the company is unprofitable.

Soluna Holdings, Inc. (SLNH) had negative free cash flow of $50.0M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in SLNH back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →

How much would $100/month in SLNH be worth today?

Dollar cost averaging calculator · DCA vs lump sum

Calculate →