Soluna Q1 revenue $9.4M (+58% YoY); net loss $(17.9)M; Adj EBITDA loss $(2.1)M; acquired Briscoe wind farm for $53M

Soluna Holdings, Inc

2026-Q1 EPS reported -$0.24 revenue$9,394,000

Revenue $9.4M, up 58% YoY and 4th consecutive sequential quarter growth.
Net loss $(17.9)M vs $(7.4)M YoY; Adj EBITDA loss $(2.1)M vs $(1.6)M YoY.
Acquired 150 MW Briscoe Wind Farm for $53M; projected $6-11M yr1 Adj EBITDA.
Purchased remaining 85.4% of Dorothy 1A for $16.5M; now fully owns project.
KPMG appointed auditor; development pipeline surpasses 4.3 GW.

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 0.95

Soluna Holdings, Inc reported the first quarter ended March 31, 2026 results: revenue $9.4 million, net income ($17.9 million).

Period: the first quarter ended March 31, 2026
Revenue: $9.4 million
Net income: ($17.9 million)
Result: reported results

Exact text from the filing

Michael Picchi as CFO, effective April 1, 2026. First Quarter Financial Highlights: ● Revenue increased sequentially for the fourth consecutive quarter from $9.2 million to $9.4 million. On a year-over-year basis, revenue increased 58% , driven by Dorothy 2 energization, Dorothy 1A revenue growth, and Kati 1 going live, partially offset by hashprice

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Soluna Holdings, Inc filing history →

Source: SEC EDGAR

accession 0001493152-26-024060

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