Soluna Holdings, Inc 9.0% Series A Cumulative Perpetual Preferred Stock financials
$12.82+0.55%
Close Sep 24, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $29.7M | $38.0M | $21.1M | $28.5M | $14.3M |
| Gross profit | $6.5M | $9.4M | $5.2M | -$8.0M | $6.3M |
| Gross margin | 21.7% | 24.7% | 24.9% | −27.9% | 43.7% |
| Operating income | -$33.7M | -$47.5M | -$19.7M | -$84.8M | -$4.5M |
| Net income | -$69.1M | -$76.3M | -$36.5M | -$104.5M | -$5.9M |
| Net margin | −232.4% | −200.8% | −173.3% | −366.2% | −41.1% |
| Diluted EPS | $-2.38 | $-14.94 | $-27.79 | $-174.41 | $-12.50 |
| EBITDA | -$17.3M | -$3.2M | -$6.3M | -$8.5M | -$604.0K |
| Operating cash flow | -$9.1M | -$5.1M | -$3.0M | -$6.1M | $5.6M |
| Free cash flow | -$37.2M | -$13.9M | -$15.7M | -$69.8M | -$50.1M |
| Diluted shares | 29.0M | 5.1M | 1.3M | 0.6M | 0.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $76.4M | $7.8M | $6.4M | $1.1M | $10.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Total debt | $29.3M | $23.8M | $19.3M | $22.6M | $8.1M |
| Total assets | $187.9M | $88.0M | $91.3M | $85.0M | $117.7M |
| Total liabilities | $75.7M | $60.7M | $37.9M | $38.7M | $26.7M |
| Shareholders' equity | $112.2M | $27.4M | $53.4M | $46.3M | $91.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology