Filing Flows › Soluna Holdings (SLNH) › Q1 2026 › vs Q3 2025
Soluna Holdings (SLNH) Q1 2026 vs Q3 2025 (quarter over quarter)
Soluna Holdings's revenue rose $186K (+2%) from $9.2M in Q3 2025 to $9.4M in Q1 2026.
Soluna Holdings, Q1 2026: revenue $9.4M (+58% year over year), operating margin -177.0%, net loss $17.9M, operating cash flow −$6.4M. The chart draws each line against Q3 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $9.4M | $9.2M | $186K | +2% |
| Income tax benefit | $624K | $619K | $5K | +0.8% |
| Net loss | $17.9M | $16.1M | $1.8M | +11% |
| Costs & expenses | $27.9M | $25.9M | $2.0M | +8% |
| Operating costs | $26.0M | $21.3M | $4.7M | +22% |
| Interest & other, net | $1.9M | $4.6M | −$2.7M | -59% |
| Cost of revenue | $8.9M | $8.7M | $247K | +3% |
| Operating expenses | $17.1M | $12.7M | $4.5M | +35% |
| Operating cash sources | $19.0M | $13.0M | $6.0M | +46% |
| Depreciation & amortization | $2.4M | $2.4M | $0 | 0% |
| Share-based compensation | $10.2M | $4.9M | $5.3M | +109% |
| Cash used in operations | $6.4M | $5.7M | $702K | +12% |
| Net loss absorbed | $17.9M | $16.1M | $1.8M | +11% |
| Working capital & other | $1.1M | −$3.1M | $4.2M | — |
Questions
How much did Soluna Holdings's revenue grow quarter over quarter in Q1 2026?
Soluna Holdings's revenue rose $186K (+2%) from $9.2M in Q3 2025 to $9.4M in Q1 2026.