Soluna Holdings, Inc. SLNH FINANCIAL
Company Overview
Soluna Holdings, Inc., together with its subsidiaries, engages in the mining of cryptocurrency through data centres. It operates through three segments, Cryptocurrency Mining, Data Center Hosting, and High-Performance Computing Services. The company also operates in the blockchain business, as well as provides colocation and hosting services to large-scale bitcoin mining operators. In addition, the company develops and builds modular data centrers that use for cryptocurrency mining. Further, it provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers. Soluna Holdings, Inc. was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. in November 2021. The company was founded in 1961 and is headquartered in Albany, New York.
Why Investors Should Care
Net profit has compounded at 15.3% per year over the last five years.
Carries low leverage with a debt-to-equity ratio of 0.19.
Recent Developments
- Dec 2025 Revenue of $29.72M (-21.8% YoY); net profit $-53.41M.
- Trailing 12 Months Year-on-year growth — revenue +144.6%.
- 5-Year Trend Long-term compounding — revenue CAGR 1.3%, profit CAGR 15.3%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 1.35% |
| 1 Year: | 144.60% |
Compounded Profit Growth
| 5 Years: | 15.30% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +130.91% |
| 6 Months: | +69.33% |
| 3 Months: | -7.30% |
| 1 Month: | +8.55% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMABelow
- RSI (14)55.35 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Profit CAGR of 15.3% over 5 years.
CONS
- Trading 71.3% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SLNH Soluna Holdings, Inc. FINANCIAL | 1.27 | -1.84 | $310.63M | 0.00% | -39.26% | -68.36% | 1.35% | 15.30% |
| 2 | JPM JPMorgan Chase & Co. SPXR3KFINANCIAL | 353.51 | 15.15 | $939.70B | 1.72% | - | 17.79% | 12.50% | 14.83% |
| 3 | BRK-B Berkshire Hathaway Inc. SPXFINANCIAL | 505.83 | 12.72 | $712.23B | 0.00% | - | 12.12% | 4.18% | 9.44% |
| 4 | V Visa Inc. SPXR3KFINANCIAL | 368.64 | 31.35 | $628.20B | 0.72% | 37.15% | 61.19% | 14.33% | 13.04% |
| 5 | MA Mastercard Incorporated SPXR3KFINANCIAL | 570.89 | 31.44 | $496.37B | 0.62% | 60.19% | - | 12.29% | 19.21% |
| 6 | BAC Bank of America Corporation SPXR3KFINANCIAL | 62.39 | 14.41 | $436.28B | 2.04% | - | 11.20% | 3.14% | 4.27% |
| 7 | BRK-A Berkshire Hathaway Inc. FINANCIAL | 757,791.00 | 12.71 | $370.14B | 0.00% | - | 12.12% | 7.60% | 10.02% |
| 8 | HSBC HSBC Holdings plc FINANCIAL | 106.26 | 15.18 | $363.70B | 3.65% | - | 13.10% | 9.75% | 12.72% |
| 9 | MS Morgan Stanley SPXR3KFINANCIAL | 216.24 | 17.48 | $339.62B | 2.26% | - | 17.97% | 3.76% | 9.66% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2012 | Jun 2012 | Sep 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.94M | 6.16M | 8.41M | 9.21M | 9.39M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.76M | 4.97M | 6.09M | 7.44M | 7.48M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.70M | 3.35M | -2.94M | - | 1.17M | 1.19M | 2.33M | 1.77M | 1.92M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.35M | 7.80M | 10.11M | 13.87M | 18.54M |
| Operating Income | -839.00K | -689.00K | -1.17M | 65 | 232.00K | 255.00K | -432.00K | 178.00K | -49.00K | -387.00K | -208.00K | -596.00K | -580.00K | 109.00K | 331.00K | -409.00K | 313.00K | 343.00K | -142.00K | 600.00K | 1.46M | - | -631.00K | -1.39M | -936.00K | -6.80M | -9.43M | -41.72M | -7.01M | -7.07M | -3.74M | 407.00K | -3.67M | -9.02M | - | -7.18M | -6.61M | -7.78M | -12.10M | -16.63M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -3.05M | -3.19M | -21.07M | -10.63M | -12.39M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 838.00K | 1.20M | 1.21M | 1.59M | 1.48M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -7.78M | -8.39M | -26.45M | -16.69M | -18.53M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -425.00K | -608.00K | -666.00K | -619.00K | -624.00K |
| Net Income | -822.00K | -570.00K | -1.15M | 66 | 100.00K | 164.00K | -432.00K | 178.00K | -53.00K | -388.00K | -218.00K | -610.00K | -586.00K | 108.00K | 329.00K | -413.00K | 313.00K | 344.00K | -137.00K | 602.00K | 1.51M | -26.00K | -666.00K | -1.17M | -610.00K | -8.91M | -6.56M | -55.89M | -7.06M | -8.78M | -6.66M | -5.25M | -10.87M | -7.19M | - | -7.56M | -7.38M | -23.96M | -14.52M | -17.47M |
| Diluted EPS | - | -0.11 | -0.22 | - | 0.02 | 0.03 | - | 0.03 | -0.01 | - | -0.04 | - | - | 0.02 | 0.06 | - | 0.03 | 0.04 | - | 0.06 | 0.16 | - | - | -0.10 | -0.06 | - | -0.57 | -95.53 | -10.30 | -9.54 | -5.96 | -2.62 | -3.62 | -1.56 | - | -1.21 | -0.69 | -1.14 | - | -0.24 |
| R&D Expense | 373.00K | 337.00K | 327.00K | 340.00K | 307.00K | 301.00K | 361.00K | 371.00K | 309.00K | 375.00K | 378.00K | 352.00K | 334.00K | 310.00K | 298.00K | 314.00K | 296.00K | 277.00K | 403.00K | 362.00K | 363.00K | - | 386.00K | 406.00K | 404.00K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.31M | 8.41M | 10.29M | 5.90M | 8.35M | 8.78M | 6.33M | 7.06M | 7.06M | 6.57M | 595.00K | - | 28.55M | 21.07M | 38.02M | 29.72M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | 36.51M | 15.83M | 28.63M | 23.26M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | -7.96M | 5.24M | 9.39M | 6.46M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | 28.71M | 24.90M | 28.19M | 40.13M |
| Operating Income | 45.20M | -3.39M | 52.00K | -2.24K | 361.00K | 565.00K | -1.47M | -361.00K | 588.00K | 259.00K | -1.64M | - | -36.67M | -19.67M | -18.80M | -33.67M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | -71.57M | -12.41M | -42.49M | -37.94M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | 8.38M | 2.75M | 2.53M | 4.83M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | -108.36M | -28.77M | -60.79M | -59.31M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | -1.35M | -1.07M | -2.49M | -2.32M |
| Net Income | -3.10M | -1.76M | 2.39M | -2.09K | 3.58M | 740.00K | -2.83M | -359.00K | 582.00K | 323.00K | 1.95M | - | -98.72M | -29.20M | -63.33M | -53.41M |
| Diluted EPS | - | - | - | -0.40 | 0.69 | 0.14 | -0.54 | -0.06 | 0.06 | 0.03 | 0.20 | - | -174.41 | -27.79 | -14.94 | -2.38 |
| R&D Expense | 5.44M | 3.85M | 1.47M | 1.36M | 1.32M | 1.35M | 1.55M | 1.24M | 1.15M | 1.38M | 1.49M | - | - | - | - | - |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Sep 2021 | Dec 2021 | Apr 2022 | Dec 2022 | Dec 2023 | Jul 2024 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 3.60M | 6.40M | 4.84K | 4.53M | 5.48M | 2.59M | 5.18M | 6.20M | - | 5.75M | 8.65M | - | - | 2.88M | 84.96M | 91.28M | - | 88.04M | 187.94M |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.76M | 14.28M | - | 13.49M | 92.13M |
| Cash & Equivalents | 1.66M | 785.00K | 1.12M | 1.67K | 289.00K | 1.21M | 1.92M | 462.00K | - | - | - | - | - | - | - | - | 1.14M | 6.37M | - | 7.84M | 76.42M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 320.00K | 2.95M | - | 2.69M | 5.52M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - | - | 1.92M | 2.73M | - | - | 1.25M | 38.69M | 37.92M | - | 60.68M | 75.70M |
| Current Liabilities | - | - | 1.64M | 1.49M | 1.85K | 1.14M | 1.26M | 1.06M | 1.03M | 1.24M | - | 1.14M | 1.64M | - | - | - | 29.52M | 28.18M | - | 47.87M | 49.19M |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.16M | 7.06M | 17.90M |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 22.88M | 19.77M | - | 21.82M | 29.27M |
| Total Equity | 1.53M | 2.02M | -1.45M | 1.60M | 3.00M | 3.39M | 4.22M | 1.53M | 4.15M | 4.96M | 6.95M | 3.83M | 5.92M | 38.73M | - | - | 41.87M | 26.51M | - | -12.48M | 54.86M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 788.51K | 2.55M | - | 10.65M | 102.62M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -2.17M | -1.51M | 67.00K | -1.51K | 1.02K | - | - | 522.00K | 363.00K | 289.00K | -1.21M | - | -5.75M | -2.99M | -5.07M | -9.15M |
| Investing Cash Flow | -7.00K | -47.00K | -163.00K | 126 | -120 | - | - | -136.00K | -107.00K | -83.00K | -1.83M | - | -45.63M | -10.33M | -13.16M | -31.85M |
| Financing Cash Flow | 1.30M | 1.89M | 647.00K | 0 | 25 | - | - | 2.53M | 191.00K | -3.47M | 83.00K | - | 42.94M | 21.86M | 18.32M | 119.39M |
| Capital Expenditure | -7.00K | -47.00K | -175.00K | 17 | -108.00K | -77.00K | -55.00K | -136.00K | -107.00K | -83.00K | -805.00K | - | -63.76M | -12.76M | -13.38M | -31.85M |
| Free Cash Flow | -2.18M | -1.55M | -108.00K | -1.49K | -106.98K | - | - | 386.00K | 256.00K | 206.00K | -2.02M | - | -69.51M | -15.75M | -18.45M | -41.00M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | -8.44M | 8.55M | 86.00K | 78.39M |
| Share Buybacks | - | - | - | - | - | - | 0 | 10.00K | 0 | - | - | - | - | - | 0 | 75.00K |
| Dividends Paid | - | - | - | - | - | - | - | - | - | - | - | 630.00K | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | -27.9% | 24.9% | 24.7% | 21.7% |
| Operating Margin % | 544.2% | -40.3% | 0.5% | -0.0% | 4.3% | 6.4% | -23.2% | -5.1% | 8.3% | 3.9% | -276.0% | - | -128.4% | -93.4% | -49.4% | -113.3% |
| Net Margin % | -37.3% | -20.9% | 23.2% | -0.0% | 42.9% | 8.4% | -44.7% | -5.1% | 8.2% | 4.9% | 327.1% | - | -345.8% | -138.6% | -166.6% | -179.7% |
| ROE % | -153.3% | 121.6% | 149.0% | -0.1% | 105.5% | 17.5% | -185.5% | -8.7% | 11.7% | 8.4% | 32.9% | - | -235.8% | -110.1% | 507.5% | -97.4% |
| ROCE % | - | -173.1% | 1.1% | -74.8% | 10.6% | 13.4% | -96.3% | -8.7% | 11.8% | 5.6% | -23.4% | - | -66.1% | -31.2% | -46.8% | -24.3% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 3.38% | 8.33M | $10.50M |
| 2 | Nuveen, LLC | 2.26% | 5.58M | $7.03M |
| 3 | Vident Advisory, LLC | 2.12% | 5.23M | $6.59M |
| 4 | Vanguard Capital Management LLC | 1.89% | 4.66M | $5.87M |
| 5 | Geode Capital Management, LLC | 1.58% | 3.89M | $4.90M |
| 6 | J. Goldman & Co., L.P. | 0.97% | 2.38M | $3.00M |
| 7 | State Street Corporation | 0.74% | 1.82M | $2.30M |
| 8 | Marshall Wace LLP | 0.69% | 1.70M | $2.14M |
| 9 | Mirae Asset Global ETFs Holdings Ltd. | 0.42% | 1.03M | $1.30M |
| 10 | UBS Group AG | 0.41% | 999.45K | $1.26M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for SLNH
Texas campus milestone pushes Soluna (NASDAQ: SLNH) toward multi-gigawatt AI buildout - Stock Titan
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Soluna Holdings (SLNH) Stock Looks Pricey After Kati 2 And Dorothy Deals - finance.yahoo.com
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Insider Sale: Director at $SLNH Sells 12,037 Shares - Quiver Quantitative
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Soluna Holdings: The $1.3B Question Remains Unanswered (NASDAQ:SLNH) - Seeking Alpha
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Soluna Holdings (NASDAQ: SLNH) director sells 12K shares - Stock Titan
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SLNH — Frequently Asked Questions
What is the current share price of Soluna Holdings, Inc. (SLNH)?
As of 2026-09-19 21:16 PDT, Soluna Holdings, Inc. (SLNH) trades at $1.27 on NasdaqCM. Its 52-week range is $0.43 to $4.42.
What is the market capitalisation of SLNH?
Soluna Holdings, Inc. (SLNH) has a market capitalisation of $310.63M on NasdaqCM.
What is the P/E ratio of SLNH?
SLNH trades at a trailing price-to-earnings (P/E) ratio of -1.84. The industry average P/E is 12.89. Its price-to-book (P/B) ratio is 1.81.
What is the return on equity (ROE) of SLNH?
SLNH has a return on equity (ROE) of -68.36%. Its return on capital employed (ROCE) is -39.26%.
Is SLNH a good stock to buy?
This page provides a data-driven analysis of Soluna Holdings, Inc. (SLNH), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.