Soluna Holdings reports FY2025 revenue $29.7M (-22% YoY), net loss $57M, adjusted EBITDA -$13.2M

Soluna Holdings, Inc

Revenue fell 21.8% to $29.7M; hashprice declined 30.8% in 2025; Bitcoin mined dropped from 274 to 113.2.
Net loss $57.0M vs $58.3M; adjusted EBITDA swung from +$0.9M to -$13.2M.
Total cash $88.8M (up 750%); raised ~$142M in capital; current ratio 1.9x.
Power pipeline grew to 4.3GW; completed Dorothy 2 (48MW); Kati 1 commissioning started.
Launched AI infrastructure; MOU with Metrobloks for 100+ MW AI campus.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Soluna Holdings, Inc reported financial results for the three months and fiscal year ended December 31, 2025.

Period: the three months and fiscal year ended December 31, 2025
Result: reported results

Exact text from the filing

On March 30, 2026, Soluna Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the three months and fiscal year ended December 31, 2025.

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1349 earnings releases filed in the last 30 days. Browse all earnings releases →

Soluna Holdings, Inc filing history →

Source: SEC EDGAR

accession 0001493152-26-013456

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