Soluna (SLNH) Financials: Revenue & Earnings
SLNH$0.70+0.04 +6.68%
$110.12M
Market Cap
-0.29
P/E
—
Forward P/E
67
Score
Soluna (SLNH) Financials: Revenue & Earnings
SLNH price $0.70 +0.04 +6.68%
- Ticker
- SLNH
- Price
- $0.70
- Change
- +0.04 +6.68%
- Market cap ?
- $110.12M
- P/E ?
- -0.29
- Dividend yield ?
- 0.00%
- Beta ?
- 5.11
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- Stocklytics score
- 67
- Value
- 58
- Quality
- 42
- Growth
- 100
Stocklytics score rationale: value 58, quality 42, growth 100.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 7056000 | 7061000 | 8062000 | 6571000 | 595000 | 14345000 | 28547000 | 21066000 | 38021000 | 29717000 |
Soluna Holdings, Inc. is an enterprise based in Albany, New York, that specializes in developing and constructing modular data centers specifically tailored for cryptocurrency mining. Additionally, the company maintains an active presence within the broader blockchain technology sector.
Fair value
SLNH fair value $52.64. Price $0.70. Price is 99% below fair value.
Below fair value, and cheaper than usual. A larger discount than on 92% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 1.63M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 2.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 157.75M. Net debt -47.16M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-12 | — | -0.06 | — | 18.00M |
| 2026-08-13 | -0.18 | -0.11 | 15.06M | 15.70M |
| 2026-05-18 | -0.24 | -0.20 | 9.39M | — |
| 2026-03-30 | -0.20 | -0.20 | 9.20M | 10.60M |
| 2025-11-14 | -1.14 | -0.61 | 8.41M | 9.00M |
| 2025-08-14 | -0.69 | -0.76 | 6.16M | 9.00M |
| 2025-05-16 | -0.88 | — | 5.94M | — |
| 2025-04-01 | -4.28 | — | 8.27M | — |
| 2024-11-14 | -1.29 | — | 7.53M | — |
| 2024-08-14 | -1.74 | — | 9.68M | — |
| 2024-05-15 | -2.62 | — | 12.55M | — |
| 2024-04-01 | -6.65 | — | 10.12M | — |
| 2023-11-14 | -4.40 | — | 5.80M | — |
| 2023-08-14 | -6.75 | — | 2.07M | — |
| 2023-05-16 | -8.75 | — | 3.08M | — |
| 2023-05-01 | -42.06 | — | 4.18M | — |
| 2022-11-15 | -28.50 | — | 6.37M | — |
| 2022-08-15 | -27.75 | — | 8.68M | — |
| 2022-05-17 | -17.75 | — | 9.32M | — |
| 2022-03-30 | -5.35 | — | 3.64M | — |
| 2021-11-12 | -1.50 | — | 5.07M | — |
| 2021-08-10 | -2.51 | — | 3.30M | — |
| 2021-05-17 | -1.70 | — | 2.33M | — |
| 2021-03-31 | -0.07 | — | 1.89M | — |
| 2020-09-30 | 3.89 | — | 3.69M | — |
| 2020-06-30 | 1.50 | — | 2.44M | — |
| 2020-03-31 | -0.36 | — | 1.58M | — |
| 2019-12-31 | -0.30 | — | 1.48M | — |
| 2019-09-30 | 0.10 | — | 1.64M | — |
| 2019-06-30 | 0.81 | — | 1.81M | — |
| 2019-03-31 | 0.23 | — | 1.65M | — |
| 2018-12-31 | 3.19 | — | 2.59M | — |
| 2018-09-30 | 0.94 | — | 1.86M | — |
| 2018-06-30 | 0.97 | — | 2.02M | — |
| 2018-03-29 | 0.92 | — | 2.01M | — |
| 2017-11-02 | 0.91 | — | 1.86M | — |
| 2017-08-03 | 0.83 | — | 1.89M | — |
| 2017-05-04 | -1.14 | — | 1.30M | — |
| 2017-03-02 | -0.08 | — | 1.79M | — |
| 2016-10-27 | 0.12 | — | 2.23M | — |
Dividends
Yield 0.00%. Payout ratio —. Frequency Irregular.
Safety score 30/100 · At risk. Payout ratio is not reported, so this part stays neutral. Free-cash-flow coverage is not available, so this part stays neutral. Dividend history is short. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2019-03-12 | $9.25 | 2019-03-12 | 2019-03-20 | Irregular |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-16 | Golding Daniel | Other | 0 | — | — |
| 2026-09-23 | Thomas Jessica L. | Sell | 30.00K | $1.26 | 37.80K |
| 2026-09-03 | Phelan William P | Sell | 12.04K | $1.12 | 13.48K |
| 2026-09-01 | OReilly Mary Jennifer | Sell | 16.19K | $1.05 | 17.00K |
| 2026-09-01 | Thomas Jessica L. | Sell | 5.34K | $1.05 | 5.61K |
| 2026-09-01 | Belizaire John | Sell | 1.00K | $11.91 | 11.91K |
| 2026-08-31 | Phelan William P | Sell | 3.19K | $12.08 | 38.51K |
| 2026-08-28 | Phelan William P | Sell | 5.04K | $12.25 | 61.73K |
| 2026-08-28 | PICCHI MICHAEL | Buy | 20.00K | $1.13 | 22.60K |
| 2026-08-27 | Phelan William P | Sell | 8.10K | $12.08 | 97.84K |
| 2026-08-26 | Belizaire John | Buy | 50.00K | $1.20 | 60.00K |
| 2026-08-26 | Phelan William P | Sell | 1.86K | $12.09 | 22.51K |
| 2026-08-25 | Phelan William P | Sell | 5.00K | $12.00 | 60.00K |
| 2026-08-24 | Phelan William P | Sell | 5.00K | $11.66 | 58.30K |
| 2026-08-24 | PICCHI MICHAEL | Buy | 10.00K | $1.14 | 11.40K |
| 2026-08-21 | Phelan William P | Sell | 8.84K | $12.29 | 108.68K |
| 2026-08-20 | PICCHI MICHAEL | Buy | 20.00K | $1.15 | 23.00K |
| 2026-08-20 | Phelan William P | Sell | 1.16K | $12.45 | 14.40K |
| 2026-08-19 | Phelan William P | Sell | 5.00K | $12.61 | 63.05K |
| 2026-08-17 | Hirshfield Edward R | Sell | 9.01K | $12.34 | 111.15K |
| 2026-08-01 | Carver Ryan | Buy | 3.20M | — | — |
| 2026-07-13 | Carver Ryan | Other | 0 | — | — |
| 2026-06-22 | Phelan William P | Sell | 3.07K | $11.00 | 33.81K |
| 2026-06-18 | Phelan William P | Sell | 4.81K | $11.00 | 52.94K |
| 2026-06-17 | Phelan William P | Sell | 10.11K | $10.75 | 108.71K |
| 2026-06-15 | Thomas Jessica L. | Sell | 4.84K | $1.70 | 8.22K |
| 2026-06-11 | OReilly Mary Jennifer | Sell | 1.07K | $11.10 | 11.89K |
| 2026-06-10 | OReilly Mary Jennifer | Sell | 5.73K | $10.80 | 61.87K |
| 2026-06-10 | Thomas Jessica L. | Sell | 2.50K | $10.90 | 27.25K |
| 2026-06-08 | OReilly Mary Jennifer | Sell | 6.60K | $10.80 | 71.28K |
| 2026-06-01 | Belizaire John | Sell | 1.00K | $10.40 | 10.40K |
| 2026-05-21 | PICCHI MICHAEL | Buy | 100.00K | $1.63 | 163.20K |
| 2026-04-06 | Belizaire John | Sell | 1.00K | $7.25 | 7.25K |
| 2026-04-01 | PICCHI MICHAEL | Other | 0 | — | — |
| 2026-01-01 | Thomas Jessica L. | Buy | 460.00K | — | — |
| 2025-12-16 | Phelan William P | Sell | 1.30K | $1.41 | 1.83K |
| 2025-12-12 | MICHAELS DAVID C | Sell | 1.02K | $2.19 | 2.23K |
| 2025-12-12 | MICHAELS DAVID C | Sell | 5.67K | $9.26 | 52.49K |
| 2025-12-12 | Hirshfield Edward R | Sell | 2.00K | $9.76 | 19.52K |
| 2025-12-11 | Hirshfield Edward R | Sell | 741 | $9.90 | 7.34K |
| 2025-12-11 | Phelan William P | Sell | 3.74K | $9.52 | 35.58K |
| 2025-12-10 | Hirshfield Edward R | Sell | 2.00K | $9.70 | 19.40K |
| 2025-12-10 | Phelan William P | Sell | 7.00K | $9.58 | 67.07K |
| 2025-12-01 | Belizaire John | Buy | 2.86M | — | — |
| 2025-12-01 | Belizaire John | Sell | 20.98K | $1.63 | 34.20K |
| 2025-12-01 | Thomas Jessica L. | Buy | 226.11K | — | — |
| 2025-12-01 | Thomas Jessica L. | Sell | 3.41K | $1.63 | 5.56K |
| 2025-12-01 | Hirshfield Edward R | Buy | 685.07K | — | — |
| 2025-12-01 | TOPOREK MICHAEL | Buy | 6.89M | — | — |
| 2025-12-01 | Hazelip William | Buy | 685.07K | — | — |
| 2025-12-01 | MICHAELS DAVID C | Buy | 801.22K | — | — |
| 2025-12-01 | Phelan William P | Buy | 917.93K | — | — |
| 2025-12-01 | Thomas Jessica L. | Buy | 226.11K | — | — |
| 2025-12-01 | OReilly Mary Jennifer | Buy | 685.07K | — | — |
| 2025-12-01 | Marusak Thomas J | Buy | 801.22K | — | — |
| 2025-12-01 | Lipman Matthew E. | Buy | 685.07K | — | — |
| 2025-12-01 | Budzyn Agnieszka Teresa | Buy | 350.00K | — | — |
| 2025-12-01 | Belizaire John | Buy | 2.86M | — | — |
| 2025-12-01 | Bottomley John | Buy | 685.07K | — | — |
| 2025-11-28 | Hirshfield Edward R | Sell | 1.00K | $8.75 | 8.75K |
| 2025-11-24 | Hirshfield Edward R | Sell | 1.00K | $8.00 | 8.00K |
| 2025-11-21 | Hirshfield Edward R | Sell | 100 | $7.45 | 745 |
| 2025-11-21 | Hirshfield Edward R | Sell | 1.90K | $7.18 | 13.64K |
| 2025-11-21 | Belizaire John | Sell | 4.30K | $1.45 | 6.24K |
| 2025-11-21 | Belizaire John | Sell | 4.92K | $1.44 | 7.09K |
| 2025-11-21 | Phelan William P | Sell | 36.50K | — | — |
| 2025-11-20 | Phelan William P | Sell | 500 | $7.80 | 3.90K |
| 2025-11-19 | Phelan William P | Sell | 100 | $7.58 | 758 |
| 2025-10-15 | Budzyn Agnieszka Teresa | Buy | 135.00K | — | — |
| 2025-10-15 | Budzyn Agnieszka Teresa | Other | 0 | — | — |
| 2025-09-01 | Lipman Matthew E. | Buy | 99.68K | — | — |
| 2025-09-01 | MICHAELS DAVID C | Buy | 116.58K | — | — |
| 2025-09-01 | Marusak Thomas J | Buy | 116.58K | — | — |
| 2025-09-01 | Thomas Jessica L. | Buy | 32.90K | — | — |
| 2025-09-01 | TOPOREK MICHAEL | Buy | 1.00M | — | — |
| 2025-09-01 | Hirshfield Edward R | Buy | 33.23K | — | — |
| 2025-09-01 | Hirshfield Edward R | Buy | 66.45K | — | — |
| 2025-09-01 | OReilly Mary Jennifer | Buy | 99.68K | — | — |
| 2025-09-01 | Belizaire John | Buy | 416.39K | — | — |
| 2025-09-01 | Phelan William P | Buy | 133.56K | — | — |
| 2025-09-01 | Bottomley John | Buy | 99.68K | — | — |
| 2025-09-01 | Hazelip William | Buy | 99.68K | — | — |
| 2025-06-12 | Tunison John | Buy | 1.00K | $2.48 | 2.48K |
| 2025-06-11 | Phelan William P | Sell | 3.35K | $2.80 | 9.38K |
| 2025-06-10 | Tunison John | Buy | 1.00K | $2.80 | 2.80K |
| 2025-06-10 | Phelan William P | Sell | 10.00K | $2.98 | 29.80K |
| 2025-06-10 | Thomas Jessica L. | Sell | 3.30K | $2.80 | 9.24K |
| 2025-06-02 | OReilly Mary Jennifer | Sell | 100 | $3.61 | 361 |
| 2025-06-02 | OReilly Mary Jennifer | Sell | 100 | $3.75 | 375 |
| 2025-06-02 | OReilly Mary Jennifer | Sell | 1.40K | $3.67 | 5.14K |
| 2025-06-01 | OReilly Mary Jennifer | Buy | 73.97K | — | — |
| 2025-06-01 | MICHAELS DAVID C | Buy | 86.51K | — | — |
| 2025-06-01 | Lipman Matthew E. | Buy | 73.97K | — | — |
| 2025-06-01 | Tunison John | Buy | 99.11K | — | — |
| 2025-06-01 | Hirshfield Edward R | Buy | 24.66K | — | — |
| 2025-06-01 | Hirshfield Edward R | Buy | 49.31K | — | — |
| 2025-06-01 | Marusak Thomas J | Buy | 86.51K | — | — |
| 2025-06-01 | Hazelip William | Buy | 73.97K | — | — |
| 2025-06-01 | Belizaire John | Buy | 309.00K | — | — |
| 2025-06-01 | Phelan William P | Buy | 99.11K | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 103, holders +60 vs prior quarter. Ownership 34.03%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| GEODE CAPITAL MANAGEMENT, LLC | 3.89M | 1.20M | +44.84% | 13.97M |
| BLACKROCK, INC. | 8.33M | 7.55M | +961.20% | 11.25M |
| NUVEEN, LLC | 5.58M | 5.58M | New | 7.53M |
| VIDENT ADVISORY, LLC | 5.23M | 5.16M | +7771.93% | 7.06M |
| VANGUARD CAPITAL MANAGEMENT LLC | 4.66M | 4.03M | +643.62% | 6.29M |
| J. GOLDMAN & CO LP | 2.38M | 2.38M | New | 3.22M |
| STATE STREET CORP | 1.82M | 1.53M | +523.39% | 2.46M |
| MARSHALL WACE, LLP | 1.70M | 1.11M | +188.79% | 2.29M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | 1.03M | 233.06K | +29.25% | 1.39M |
| UBS GROUP AG | 999.45K | 109.14K | +12.26% | 1.35M |
| ALPINE FOX CAPITAL LLC | 750.88K | 750.88K | New | 1.01M |
| NORTHERN TRUST CORP | 737.91K | 634.99K | +617.01% | 996.17K |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 708.28K | 708.28K | New | 956.18K |
| VANGUARD FIDUCIARY TRUST CO | 525.46K | 231.87K | +78.98% | 709.37K |
| RENAISSANCE TECHNOLOGIES LLC | 452.60K | -382.68K | -45.81% | 611.01K |
| TRU INDEPENDENCE ASSET MANAGEMENT 2, LLC | 430.74K | 430.74K | New | 581.50K |
| VIRTU FINANCIAL LLC | 363.68K | 363.68K | New | 491.00K |
| YORKVILLE ADVISORS GLOBAL, LP | 335.98K | 0 | 0.00% | 453.57K |
| BANK OF NEW YORK MELLON CORP | 261.55K | 261.55K | New | 353.10K |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 255.61K | 255.61K | New | 345.07K |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 255.61K | 255.61K | New | 345.07K |
| SCOGGIN MANAGEMENT LP | 250.00K | 250.00K | New | 337.50K |
| VOYA INVESTMENT MANAGEMENT LLC | 244.72K | 244.72K | New | 330.38K |
| MILLENNIUM MANAGEMENT LLC | 220.70K | 220.70K | New | 297.94K |
| PEAK6 LLC | 145.00K | 145.00K | New | 195.75K |
Earnings and financials
Soluna Holdings, Inc. (SLNH) trades at $0.70, with a market cap of $110.12M and a trailing P/E of -0.29. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 7056000 | 7061000 | 8062000 | 6571000 | 595000 | 14345000 | 28547000 | 21066000 | 38021000 | 29717000 |
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