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Soluna Holdings, Inc revenue

Soluna Holdings, Inc's revenue was $29.7m in fiscal 2025, down 21.8% on the year before. Since fiscal 2009 ($8.3m) it has grown at a compound 13.6% a year. Over the last twelve months it was $42.1m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue8810671142921383042
Growth on the year before—+1.3%+22.3%−42.7%+11.4%−90.9%+>999%+99.0%−26.2%+80.5%−21.8%—
Gross profit————4−2—−83−2421
Gross margin————66.4%——−27.9%13.1%−62.4%6.1%1.4%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
External Customers $28.4M 95.6% ▼ 20.8%
Data Hosting Revenue $17M 59.8% ▼ 9.8%
Cryptocurrency Mining Revenue $11.4M 40.1% ▼ 33.0%
Dem and Response Services $1.3M 4.3% ▼ 40.0%
High Performance Computing Service Revenue $28,000 0.1% ▲ 75.0%

From Soluna Holdings, Inc's 10-K filed March 30, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Internet Services & Infrastructure: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Soluna Holdings, Inc $42.1m 50.9% 38.9%
Marchex Inc $44.0m -7.5% -4.3%
Big Digital Energy, Inc. $27.4m -46.0% -24.4%
Bgin Blockchain Ltd $67.4m -77.7% —
Eightco Holdings Inc. $25.1m -42.7% -24.0%
Travelzoo $92.2m 4.9% 6.1%

Compare with peers

Head to head: MCHX vs SLNHBGDE vs SLNHBGIN vs SLNHORBS vs SLNH

More: Internet Services & Infrastructure stocks compared, Technology sector, rankings of US companies

Figures from Soluna Holdings, Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Soluna Holdings, Inc.