Soluna Holdings, Inc.
SLNH Financial Capital Markets
Soluna Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $29.7 million, down 21.8% from fiscal 2024. In the quarter to June 2026, revenue grew 144.6%, EPS grew 73.9%, free cash flow fell 124.9% and total debt rose 49.9%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Soluna Holdings, Inc. (SLNH) P/E ratio
Soluna Holdings, Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 110× (July 2017) — the current reading is the lowest in ten years.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 0.0× | — |
| FY2024 | 0.0× | — |
| FY2023 | 0.0× | — |
| FY2022 | 0.0× | — |
| FY2021 | 0.0× | — |
| FY2020 | 23.3× | 20.53% |
| FY2019 | 19.3× | 402.55% |
| FY2018 | 3.8× | (76.92%) |
| FY2017 | 16.7× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 0.0× | — |
| Mar 2026 | 0.0× | — |
| Dec 2025 | 0.0× | — |
| Sep 2025 | 0.0× | — |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| FUFU BitFuFu Inc. compare | n/m |
| CANG Cango Inc. Sponsored ADR compare | n/m |
| NAKA KindlyMD, Inc. compare | n/m |
| SLNH Soluna Holdings, Inc. | n/m |
| AUC ATIF Holdings Limited compare | n/m |
| CNCK Coincheck Group N.V. compare | n/m |
| DEFT DeFi Technologies Inc. compare | 7.2× |
| GSIW Garden Stage Limited compare | — |
| WTF Waton Financial Limited compare | — |
| Capital Markets industry median | 14.2× |
| Financial sector median | 12.4× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)