profit from every $100 of sales.

Soluna Holdings
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What Soluna Holdings sold, what it kept, and what it did with the cash.
Sales went from $28.5 million in 2022 to $29.7 million in 2025, with -$53.4 million of profit last year.
Soluna Holdings vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Soluna Holdings | No profit yet | ||
TE Connectivity | 19.1× · Fair price | ||
Celestica | 36.4× · Expensive | ||
Teledyne Technologies | 33.1× · Expensive | ||
Flex | 31.5× · Expensive |
AI analysis
An AI analyst reads Soluna Holdings's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 29 | 21 | 38 | 30 | |
| -8 | 5 | 9 | 6 | |
| -37 | -20 | -19 | -34 | |
| -72 | -12 | -42 | -38 | |
| -99 | -29 | -63 | -53 | |
| -174.41 | -27.79 | -14.94 | -2.38 | |
| -27.9% | 24.9% | 24.7% | 21.7% | |
| -128.4% | -93.4% | -49.4% | -113.3% | |
| -345.8% | -138.6% | -166.6% | -179.7% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 85 | 91 | 88 | 188 |
| Cash | 1 | 6 | 8 | 76 |
| Total debt | 23 | 20 | 22 | 29 |
| Total liabilities | 39 | 38 | 61 | 76 |
| 42 | 27 | -12 | 55 | |
| 1 | 1 | 5 | 29 | |
| -122.0% | -44.4% | -492.8% | -51.2% | |
| -235.8% | -110.1% | 507.5% | -97.4% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -6 | -3 | -5 | -9 | |
| 64 | 13 | 13 | 32 | |
| -70 | -16 | -18 | -41 | |
| Dividends paid | 4 | 0 | – | – |
| – | – | – | – | |
| 4 | 4 | 5 | 11 |
Valuation
- –
- –
- –
- 3.0×
- 4.1×
- –
- –
- -33.7%
- -43.9%
- 0.0%
Profitability
- 21.7%
- -113.3%
- -179.7%
- -141.3%
- -28.0%
- -192.5%
- -260.8%
- -33.3%
- -31.1%
- –
Growth
- +1.3%
- –
- −101.7%
- –
- +179.9%
Financial health
- -1.2×
- 0.59
- 14.7%
- -7.1×
- 1.75
- 1.75
- 0.17
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $5.00
- Range
- $5.00 – $5.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 15, 2026 | -0.24 | – | – |
| Mar 30, 2026 | -0.20 | -0.20 | +0.0% |
| Nov 14, 2025 | -0.70 | -0.61 | −14.8% |
| Aug 14, 2025 | -0.69 | -0.76 | +9.2% |
| May 16, 2025 | -0.88 | – | – |
| Apr 1, 2025 | -4.28 | – | – |
| Nov 14, 2024 | -1.29 | – | – |
| Aug 14, 2024 | -1.74 | – | – |
News
Soluna and Bitdeer sign 28 MW co-mining agreementSeeking Alpha · Aug 25, 2026The newest story we have is from Aug 25, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Soluna Holdings
Is Soluna Holdings a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Soluna Holdings AI analysis
What does Soluna Holdings do?
Soluna Holdings, Inc. builds and develops modular data centers for cryptocurrency mining. It also operates in the blockchain business. The company is headquartered in Albany, New York. It is in Hardware, Equipment & Parts.
Does Soluna Holdings pay a dividend?
No. Soluna Holdings does not pay a dividend at the moment.
Is Soluna Holdings stock halal?
No. Soluna Holdings does not pass our halal screen: its cash and confirmed interest-bearing investments are 63% of its market value, at or above the 33% limit. How we check
How has Soluna Holdings stock done over the past year?
Down 73.1% over the past twelve months, to $0.50. It traded between $0.46 and $2.22 and is 77.6% below its high.
Who are Soluna Holdings's competitors?
The largest listed companies in the same industry are TE Connectivity, Celestica, Teledyne Technologies and Flex. The peers table on this page compares their profit, growth and price with Soluna Holdings's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



