All stock lists
Soluna Holdings, Inc. (NASDAQ:SLNH)
US · Delayed Price · Currency is USD
Technology · Hardware, Equipment & Parts
$0.50-$0.04 (-6.84%)
Market cap
$78.4M
Insider Score
Health Score
Analyst consensus
Listed since
Jun 14, 1999
Website
Insider Score
59/ 100
SLNH Insider Score
Bullish4 qualifying trades · 2 insiders · $117.00K bought in the last 90 days
Financial Health Score
Weak
From SLNH’s reported statements · Q2 2026 (trailing 12 months)
Profitability0 / 20
Loses money on what it sells.
- Revenue
- $42.1M
- Net income
- -$76.6M
- Net margin
- -182.2%
Leverage17 / 20
Little or no net debt.
- Total debt
- $39.3M
- Cash
- $113.4M
- Debt / equity
- 0.25
Liquidity20 / 20
Comfortably covers what is due within a year.
- Current assets
- $134.6M
- Current liabilities
- $65.4M
- Current ratio
- 2.06
Cash generation0 / 20
Consumes cash and must keep raising it.
- Operating cash flow
- -$19.4M
- Free cash flow
- -$48.7M
- FCF margin
- -115.8%
Dilution & runway0 / 20
Heavy dilution — shareholders are paying for the business.
- Shares outstanding
- 131.0M
- Share growth (1y)
- 773.7%
- Cash runway
- 70 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
SLNH Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | $15.06 M | $9.39 M | $9.21 M | $8.41 M | $6.16 M | $5.94 M |
| Revenue Growth (YoY) | 144.56 % | 58.25 % | 11.30 % | 11.83 % | -36.35 % | -52.70 % |
| Cost of Revenue | $14.29 M | $9.88 M | $7.44 M | $6.09 M | $4.97 M | $4.76 M |
| Gross Profit | $766.00 K | -$486.00 K | $1.77 M | $2.33 M | $1.19 M | $1.17 M |
| SG&A Expense | $15.24 M | $16.14 M | $11.47 M | $7.71 M | $5.40 M | $5.95 M |
| R&D Expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Expenses | $17.71 M | $16.14 M | $13.87 M | $10.11 M | $7.81 M | $8.35 M |
| Operating Income | -$16.94 M | -$16.63 M | -$12.10 M | -$7.78 M | -$6.62 M | -$7.18 M |
| Pretax Income | -$23.17 M | -$18.53 M | -$16.69 M | -$26.45 M | -$8.39 M | -$7.78 M |
| Tax Provision | -$547.00 K | -$624.00 K | -$619.00 K | -$666.00 K | -$608.00 K | -$425.00 K |
| Net Income | -$20.71 M | -$17.47 M | -$14.52 M | -$23.96 M | -$7.38 M | -$7.56 M |
| EPS (Basic) | -$0.18 | -$0.24 | -$0.25 | -$1.14 | -$0.69 | -$0.88 |
| EPS (Diluted) | -$0.18 | -$0.24 | -$0.25 | -$1.14 | -$0.69 | -$0.88 |
| Shares Outstanding | 130.98 M | 84.10 M | 29.05 M | 26.98 M | 14.99 M | 11.94 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.
Disclaimer — Informational only — not investment advice. Insider transaction data is sourced from SEC Form 4 filings; market data from public feeds and may be delayed. The Insider Score is a proprietary score for research purposes and does not predict future performance. Always do your own research.