Soluna Holdings, Inc. (SLNH) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 9.39M | 9.21M | 8.41M | 6.16M | 5.94M | 8.27M | 7.53M | 9.68M | 12.55M | 10.12M | 5.8M | 2.07M | 3.08M | 4.18M | 6.37M | 8.68M | 9.32M | 3.64M | 3.12M | 3.3M |
| Revenue Growth % | 58.25% | 11.3% | 11.83% | -36.35% | -52.7% | -18.24% | 29.81% | 367.84% | 307.17% | 141.88% | -9.02% | -76.16% | -66.92% | 15.04% | 103.97% | 162.59% | 836.28% | 92.48% | -15.27% | 35.41% |
| Cost of Goods Sold | 9.88M | 7.44M | 6.09M | 4.97M | 4.76M | 8.56M | 11.29M | 7.97M | 5.62M | 2.42M | 4.39M | 2.46M | 3.15M | 380K | 11.19M | 10.11M | 1.14M | 3.84M | 1.74M | 1.05M |
| COGS % of Revenue | 105.17% | 80.82% | 72.32% | 80.71% | 80.24% | 103.47% | 150.07% | 82.36% | 44.74% | 23.92% | 75.73% | 118.86% | 102.14% | 9.08% | 175.58% | 116.52% | 12.22% | 105.56% | 55.79% | 31.69% |
| Gross Profit | -486K | 1.77M | 2.33M | 1.19M | 1.17M | -287K | -3.77M | 1.71M | 6.93M | 7.7M | 1.41M | -390K | -66K | 3.8M | -4.82M | -1.43M | 8.18M | -202K | 1.38M | 2.26M |
| Gross Margin % | -5.17% | 19.18% | 27.68% | 19.29% | 19.76% | -3.47% | -50.07% | 17.64% | 55.26% | 76.08% | 24.27% | -18.86% | -2.14% | 90.92% | -75.58% | -16.52% | 87.78% | -5.56% | 44.21% | 68.31% |
| Gross Profit Growth % | -141.43% | 715.33% | 161.81% | -30.4% | -83.08% | -103.73% | -367.8% | 537.69% | 10606.06% | 102.42% | 129.22% | 72.78% | -100.81% | 1982.67% | -448.73% | -163.49% | 1126.09% | -123.68% | -50.82% | 24.77% |
| Operating Expenses | 16.14M | 13.87M | 10.11M | 7.81M | 8.35M | 34.95M | 5.25M | 5.38M | 6.53M | 10.12M | 5.14M | 6.68M | 6.95M | 30.65M | 36.9M | 8M | 14.98M | 1.79M | 2.32M | 3.44M |
| OpEx % of Revenue | 171.81% | 150.61% | 120.13% | 126.86% | 140.67% | 422.55% | 69.74% | 55.63% | 52.01% | 100.02% | 88.72% | 323.21% | 225.37% | 732.66% | 579.1% | 92.2% | 160.76% | 49.34% | 74.17% | 104% |
| Selling, General & Admin | 16.14M | 11.47M | 7.71M | 5.4M | 5.95M | 3.96M | 5.25M | 5.38M | 3.99M | 4.47M | 2.72M | 4.14M | 4.36M | 4.25M | 5.69M | 4.87M | 4.88M | 2.99M | 2.32M | 3.03M |
| SG&A % of Revenue | 171.81% | 124.54% | 91.6% | 87.64% | 100.17% | 47.84% | 69.74% | 55.63% | 31.83% | 44.19% | 46.97% | 200% | 141.47% | 101.65% | 89.23% | 56.17% | 52.4% | 82.23% | 74.14% | 91.71% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.2M | 404K | 406K |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -32.89% | 12.93% | 12.29% |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | -403K | 8K |
| Operating Income | -16.63M | -12.1M | -7.78M | -6.62M | -7.18M | -35.24M | -9.02M | -3.67M | 407K | -2.42M | -3.74M | -7.07M | -7.01M | -26.84M | -41.72M | -9.43M | -6.8M | -2M | -936K | -1.18M |
| Operating Margin % | -176.99% | -131.43% | -92.45% | -107.57% | -120.91% | -426.02% | -119.81% | -37.98% | 3.24% | -23.94% | -64.45% | -342.07% | -227.51% | -641.74% | -654.68% | -108.71% | -72.97% | -54.9% | -29.96% | -35.68% |
| Operating Income Growth % | -131.66% | 65.66% | 13.71% | -80.24% | -1863.39% | -1355% | -141.33% | 48.05% | 105.8% | 90.98% | 91.04% | 25% | -3.15% | -1244.89% | -4356.84% | -700% | -977.34% | -331.1% | -164.33% | -296.5% |
| EBITDA | -11.97M | -7.63M | -3.61M | -2.62M | -3.28M | -31.36M | -5.08M | 294K | 4.39M | 1.46M | -97K | -4.09M | -3.96M | -21.63M | -33.28M | -1.47M | -101K | 1.27M | -735K | -1.01M |
| EBITDA Margin % | -127.39% | -82.88% | -42.94% | -42.56% | -55.31% | -379.06% | -67.55% | 3.04% | 35.01% | 14.4% | -1.67% | -198.02% | -128.33% | -517.07% | -522.24% | -16.92% | -1.08% | 35.01% | -23.53% | -30.69% |
| EBITDA Growth % | -264.51% | 75.66% | 28.92% | -991.5% | -174.72% | -2252.09% | -5140.21% | 107.18% | 211.1% | 106.74% | 99.71% | -178.95% | -3815.84% | -1799.06% | -4427.48% | -44.77% | 80.5% | 417.46% | -149.03% | -260.7% |
| D&A (Non-Cash Add-back) | 4.66M | 4.47M | 4.17M | 4M | 3.89M | 3.88M | 3.93M | 3.97M | 3.99M | 3.88M | 3.64M | 2.98M | 3.06M | 5.21M | 8.44M | 7.96M | 6.7M | 3.27M | 201K | 165K |
| EBIT | -16.63M | -15.1M | -25.24M | -7.19M | -6.94M | -38.43M | -7.82M | -9.35M | -2.67M | -2.27M | -4.95M | -9.32M | -6.61M | -8.73M | -55.02M | -11.05M | -6.8M | -1.99M | -933K | -1.17M |
| Net Interest Income | -2.04M | -1.59M | -1.21M | -1.2M | -838K | -833K | -821K | -449K | -424K | -393K | -495K | -486K | -1.37M | -519K | -1.67M | -3.31M | -2.88M | -1.88M | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 2.04M | 1.59M | 1.21M | 1.2M | 838K | 833K | 821K | 449K | 424K | 393K | 495K | 486K | 1.37M | 519K | 1.67M | 3.31M | 2.88M | 1.88M | 0 | 0 |
| Other Income/Expense | -1.9M | -4.59M | -18.67M | -1.76M | -602K | -4.02M | 376K | -6.12M | -3.5M | -3.12M | -1.71M | -2.73M | -967K | -795K | -14.97M | -4.92M | -2.88M | -1.9M | 3K | -209K |
| Pretax Income | -18.53M | -16.69M | -26.45M | -8.39M | -7.78M | -39.26M | -8.64M | -9.79M | -3.09M | -5.54M | -5.45M | -9.8M | -7.98M | -27.64M | -56.69M | -14.36M | -9.68M | -3.9M | -933K | -1.39M |
| Pretax Margin % | -197.21% | -181.26% | -314.36% | -136.21% | -131.05% | -474.64% | -114.82% | -101.23% | -24.64% | -54.76% | -93.96% | -474.08% | -258.89% | -660.75% | -889.67% | -165.46% | -103.9% | -107.12% | -29.87% | -42.01% |
| Income Tax | -624K | -619K | -666K | -608K | -425K | -744K | -547K | -649K | -548K | -543K | 569K | -547K | -547K | -2K | -547K | -251K | -547K | 41K | 0 | 3K |
| Effective Tax Rate % | 3.37% | 3.71% | 2.52% | 7.25% | 5.46% | 1.89% | 6.33% | 6.63% | 17.72% | 9.8% | -10.45% | 5.58% | 6.86% | 0.01% | 0.96% | 1.75% | 5.65% | -1.05% | 0% | -0.22% |
| Net Income | -17.47M | -14.52M | -23.96M | -7.38M | -7.56M | -40.02M | -7.19M | -10.87M | -5.25M | -6.7M | -6.66M | -8.78M | -7.06M | -27.36M | -55.89M | -6.56M | -8.91M | -2.81M | -610K | -1.17M |
| Net Margin % | -185.93% | -157.67% | -284.68% | -119.88% | -127.29% | -483.76% | -95.55% | -112.38% | -41.87% | -66.24% | -114.92% | -424.32% | -229.14% | -654.05% | -877.15% | -75.58% | -95.6% | -77.26% | -19.53% | -35.53% |
| Net Income Growth % | -131.15% | 63.72% | -233.19% | 32.11% | -43.81% | -497.09% | -7.93% | -23.91% | 25.6% | 75.5% | 88.08% | -33.83% | 20.71% | -873.98% | -9062.62% | -458.52% | -1237.24% | -10703.85% | -140.48% | -295.02% |
| Net Income (Continuing) | -17.9M | -16.07M | -25.79M | -7.78M | -7.35M | -38.52M | -8.09M | -9.14M | -2.54M | -5M | -6.02M | -9.26M | -7.43M | -27.64M | -56.14M | -14.1M | -9.13M | -3.94M | -933K | -1.39M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 170K | -21K | 1000K | 226K | 627K | 323K | 217K |
| Minority Interest | 65.8M | 57.38M | 58.99M | 48.78M | 43.06M | 39.84M | 30.72M | 25.57M | 27.32M | 26.84M | 26.65M | 25.86M | 12.79M | 4.41M | 4.02M | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.24 | -0.17 | -1.14 | -0.69 | -0.88 | -4.28 | -1.29 | -2.38 | -1.87 | -2.67 | -5.96 | -7.79 | -8.59 | -42.06 | -95.07 | -11.67 | -16.46 | -5.35 | -1.20 | -2.51 |
| EPS Growth % | 72.73% | 96.03% | 11.63% | 71.01% | 52.94% | -60.3% | 78.36% | 69.45% | 78.23% | 93.65% | 93.73% | 33.25% | 47.81% | -686.17% | -7822.5% | -364.94% | -868.24% | -7837.69% | -130.46% | -267.33% |
| EPS (Basic) | -0.24 | -0.17 | -1.14 | -0.69 | -0.88 | -4.28 | -1.29 | -2.38 | -1.87 | -2.67 | -5.96 | -7.79 | -8.59 | -42.06 | -95.07 | -11.67 | -16.46 | -5.35 | -1.20 | -2.53 |
| Diluted Shares Outstanding | 84.1M | 29.05M | 26.98M | 14.99M | 11.94M | 10.61M | 7.74M | 4.56M | 2.81M | 2.51M | 1.41M | 1.13M | 864.85K | 657.01K | 587.92K | 561.93K | 554.83K | 524.8K | 508.1K | 468.39K |
| Basic Shares Outstanding | 84.1M | 29.05M | 26.98M | 14.99M | 11.94M | 10.61M | 7.74M | 4.56M | 2.81M | 2.51M | 1.41M | 1.13M | 864.85K | 657.01K | 587.92K | 561.93K | 554.83K | 524.8K | 508.1K | 463.67K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |