Filing Flows › Soluna Holdings (SLNH) › Q2 2026
Soluna Holdings (SLNH) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
Soluna Holdings (SLNH) reported revenue of $15.1M for the second quarter 2026 (Q2 2026), +145% from a year earlier and +60% from the quarter before. Operating margin was -112.5%, net loss $22.6M (150.2% of revenue).
Soluna Holdings, Q2 2026: revenue $15.1M (+145% year over year), operating margin -112.5%, net loss $22.6M, operating cash flow −$5.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.1M | +60% | +145% |
| Operating profit | −$16.9M | — | — |
| Net earnings | −$22.6M | — | — |
| Operating cash flow | −$5.2M | — | — |
What changed
Revenue was $15.1M in Q2 2026, up 145% year over year and up 60% from the previous quarter. Data hosting revenue was the largest line at 84% of revenue. Data hosting revenue added $9.5M year over year (up 303%), 107% of the total change. Cryptocurrency mining revenue declined 40%.
Operating costs exceeded revenue by $16.9M, an operating margin of -112.5%. The quarter ended with a net loss of $22.6M, wider than the previous quarter's $17.9M loss. Minority interests bore $1.9M of it: to shareholders the quarter was a loss of $20.7M.
Operating cash flow was −$5.2M. Non-cash charges added back $2.4M of depreciation and amortization and $9.5M of share-based compensation. Working capital and other items added $5.6M. Capital expenditures of $6.9M exceeded it, leaving free cash flow of −$12.1M.
Questions
What was Soluna Holdings' revenue in the second quarter 2026?
Soluna Holdings (SLNH) reported revenue of $15.1M for the second quarter 2026 (Q2 2026), +145% from a year earlier and +60% from the quarter before.
Was Soluna Holdings profitable in the second quarter 2026?
Operating loss was $16.9M (-112.5% of revenue) and net loss $22.6M.
Source: Soluna Holdings 10-Q on SEC EDGAR.