Soluna Holdings, Inc. (SLNH) — Financial statements
Income statement, balance sheet, and cash flow for Soluna Holdings, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 30↓21.8% | 38↑80.5% | 21↓26.2% | 29↑99.0% | 14 | |
| Cost of Revenue | 7↓50.9% | 15↑169.6% | 6↑56.8% | 4↓55.7% | 8 | |
| Gross Profit | -3↓113.7% | 23↑48.2% | 15↓38.1% | 25↑298.0% | 6 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 31↑64.2% | 19↑20.7% | 15↓19.9% | 19↑109.4% | 9 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 29↑9447.0% | 0.30↑347.8% | 0.07 | 0.00 | |
| SG&A Expenses | 31↓35.4% | 47↑201.0% | 16↓18.6% | 19↑110.1% | 9 | |
| Other Expenses | 0.00↓100.0% | 23↑16.0% | 20↓77.9% | 90↑5623.9% | 2 | |
| Operating Expenses | 31↓56.7% | 70↑97.3% | 36↓67.5% | 110↑921.0% | 11 | |
| Total Costs & Expenses | 63↓25.9% | 86↑107.1% | 41↓63.6% | 113↑502.2% | 19 | |
| Operating Results | ||||||
| Operating Income | -34↑29.2% | -48↓134.8% | -20↑76.1% | -85↓1794.3% | -4 | |
| Depreciation & Amortization | 17↑5.7% | 16↑16.9% | 13↓52.6% | 28↑628.7% | 4 | |
| EBITDA | -38↓19.5% | -32↓404.9% | -6↑25.6% | -8↓1325.6% | -0.59 | |
| EBIT | -54↓14.9% | -47↓141.0% | -20↑46.4% | -37↓721.2% | -4 | |
| Interest & Other Income | ||||||
| Net Interest Income | -5↓91.3% | -3↑8.0% | -3↑67.2% | -8↓345.7% | -2 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 5↑91.3% | 3↓8.0% | 3↓67.2% | 8↑345.7% | 2 | |
| Non-Operating Income | 21↑16102.3% | -0.13↑77.4% | -0.58↑98.8% | -48↓437372.7% | -0.01 | |
| Other Income / Expenses | -26↓93.3% | -13↓55.5% | -9↑63.8% | -24↓1161.9% | -2 | |
| Income Before Tax | -59↑2.4% | -61↓111.3% | -29↑73.5% | -108↓1608.1% | -6 | |
| Income Tax Expense | -2↑6.9% | -2↓133.1% | -1↑20.7% | -1↓3159.1% | 0.04 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -57↑2.2% | -58↓110.4% | -28↑74.1% | -107↓1575.3% | -6 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00↓100.0% | 8↑602.8% | 1 | |
| Net Income | -53↑15.7% | -63↓116.9% | -29↑70.4% | -99↓1776.4% | -5 | |
| Bottom-Line Net Income | -69↑6.9% | -74↓105.5% | -36↑67.9% | -112↓1808.8% | -6 | |
| EPS (Basic) | -2.38↓197.5% | -0.80↑97.1% | -27.79↑84.4% | -178.57↓1223.7% | -13.49 | |
| EPS (Diluted) | -2.38↓197.5% | -0.80↑97.1% | -27.79↑84.4% | -178.57↓1223.7% | -13.49 | |
| Weighted Average Shares | 29↓53.8% | 63↑4681.0% | 1↑119.2% | 0.60↑26.5% | 0.47 | |
| Weighted Average Diluted Shares | 29↓53.8% | 63↑4681.0% | 1↑119.2% | 0.60↑26.5% | 0.47 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.