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Soluna Reports Q1'26 Results; Revenue Grows 58% Year-Over-Year and 4th Consecutive Quarter Sequentially

$SLNHPress releaseMay 18, 2026, 7:30 AM ETRead the release

Soluna reported Q1 2026 revenue of $9.4 million, up 58% year-over-year and marking the fourth consecutive quarter of sequential growth. The company posted a net loss of $17.9 million, but Adjusted EBITDA loss narrowed to $2.1 million, down from $2.5 million in Q4 2025 and $2.6 million in Q1 2025, driven by operational leverage and lower non-recurring costs.

Key figures

Revenue
9394000
Revenue Yoy
58%
Gross profit
1915000
Total assets
190420000
Development pipeline gw
4.3
Cash and restricted cash
85985000
Stock based compensation
10222000
Briscoe acquisition price
53000000
Dorothy 1a acquisition price
16500000

AI analysis

Red flags3 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.

    SLNH: Soluna Reports Q1'26 Results; Revenue Grows 58% Year-Over-Year and 4th Consecutive Quarter Sequentially — AI Analysis | Signal8