Soluna Holdings Gross Margin Growth & History (SLNH)
Soluna Holdings's gross margin was 6.05% for fiscal 2025.
View full Soluna Holdings company overviewSoluna Holdings annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 6.05% | +68.48 pp |
| 2024 | 2024-12-31 | −62.43% | −75.58 pp |
| 2023 | 2023-12-31 | 13.15% | +41.03 pp |
| 2022 | 2022-12-31 | −27.88% | — |
| 2020 | 2020-12-31 | −348.57% | −415.01 pp |
| 2019 | 2019-12-31 | 66.44% | — |
| 2017 | 2017-12-31 | 68.36% | +6.94 pp |
| 2016 | 2016-12-31 | 61.42% | +0.52 pp |
| 2015 | 2015-12-31 | 60.90% | −1.70 pp |
| 2014 | 2014-12-31 | 62.60% | +1.56 pp |
| 2013 | 2013-12-31 | 61.04% | +11.33 pp |
| 2012 | 2012-12-31 | 49.71% | −13.55 pp |
| 2011 | 2011-12-31 | 63.27% | −1.91 pp |
| 2010 | 2010-12-31 | 65.17% | −2.74 pp |
| 2009 | 2009-12-31 | 67.91% | — |
Soluna Holdings quarterly gross margin
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −8.39% | −14.71 pp |
| Q1 2026 | 2026-03-31 | 5.23% | −0.47 pp |
| Q4 2025 | 2025-12-31 | 2.92% | +363.70 pp |
| Q3 2025 | 2025-09-30 | 9.53% | +48.60 pp |
| Q2 2025 | 2025-06-30 | 6.32% | −28.26 pp |
| Q1 2025 | 2025-03-31 | 5.69% | −39.75 pp |
| Q4 2024 | 2024-12-31 | −360.78% | −378.76 pp |
| Q3 2024 | 2024-09-30 | −39.07% | −63.34 pp |
| Q2 2024 | 2024-06-30 | 34.57% | +53.43 pp |
| Q1 2024 | 2024-03-31 | 45.45% | +47.59 pp |
| Q4 2023 | 2023-12-31 | 17.98% | — |
| Q3 2023 | 2023-09-30 | 24.27% | +99.85 pp |
| Q2 2023 | 2023-06-30 | −18.86% | −2.34 pp |
| Q1 2023 | 2023-03-31 | −2.14% | — |
| Q3 2022 | 2022-09-30 | −75.58% | −154.42 pp |
| Q2 2022 | 2022-06-30 | −16.52% | −86.22 pp |
| Q3 2021 | 2021-09-30 | 78.84% | −4.04 pp |
| Q2 2021 | 2021-06-30 | 69.70% | −4.44 pp |
| Q1 2021 | 2021-03-31 | 54.57% | −12.14 pp |
| Q3 2020 | 2020-09-30 | 82.89% | — |
| Q2 2020 | 2020-06-30 | 74.14% | — |
| Q1 2020 | 2020-03-31 | 66.71% | — |
| Q4 2017 | 2017-12-31 | 68.77% | +8.02 pp |
| Q3 2017 | 2017-09-30 | 69.68% | +4.36 pp |
| Q2 2017 | 2017-06-30 | 71.63% | +5.26 pp |
| Q1 2017 | 2017-03-31 | 61.06% | +13.06 pp |
| Q4 2016 | 2016-12-31 | 60.75% | −2.49 pp |
| Q3 2016 | 2016-09-30 | 65.32% | +9.46 pp |
| Q2 2016 | 2016-06-30 | 66.37% | +3.94 pp |
| Q1 2016 | 2016-03-31 | 48.00% | −13.00 pp |
| Q4 2015 | 2015-12-31 | 63.23% | −5.64 pp |
| Q3 2015 | 2015-09-30 | 55.86% | −3.88 pp |
| Q2 2015 | 2015-06-30 | 62.43% | +2.66 pp |
| Q1 2015 | 2015-03-31 | 61.00% | +2.83 pp |
| Q4 2014 | 2014-12-31 | 68.87% | +7.12 pp |
| Q3 2014 | 2014-09-30 | 59.74% | −2.40 pp |
| Q2 2014 | 2014-06-30 | 59.77% | −4.90 pp |
| Q1 2014 | 2014-03-31 | 58.18% | +2.54 pp |
| Q4 2013 | 2013-12-31 | 61.75% | +7.55 pp |
| Q3 2013 | 2013-09-30 | 62.14% | +19.39 pp |
| Q2 2013 | 2013-06-30 | 64.67% | +18.84 pp |
| Q1 2013 | 2013-03-31 | 55.64% | +3.64 pp |
| Q4 2012 | 2012-12-31 | 54.21% | −11.26 pp |
| Q3 2012 | 2012-09-30 | 42.75% | −20.23 pp |
| Q2 2012 | 2012-06-30 | 45.83% | −14.45 pp |
| Q1 2012 | 2012-03-31 | 51.99% | −11.21 pp |
| Q4 2011 | 2011-12-31 | 65.47% | — |
| Q3 2011 | 2011-09-30 | 62.98% | −3.58 pp |
| Q2 2011 | 2011-06-30 | 60.28% | −4.22 pp |
| Q1 2011 | 2011-03-31 | 63.21% | — |
| Q3 2010 | 2010-09-30 | 66.57% | — |
| Q2 2010 | 2010-06-30 | 64.50% | — |
Soluna Holdings gross margin trends
Over the last five fiscal years, Soluna Holdings's gross margin increased from −348.57% to 6.05%, a change of +354.62 percentage points. The latest reported quarter, Q2 2026, shows −8.39%.
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Soluna Holdings source filings ↗Community posts
Soluna and Bitdeer expand Texas co-mining deployment to 35 MW
Soluna Holdings ($SLNH) and Bitdeer ($BTDR) have amended their agreement at Project Kati 1 in Texas to add approximately 7 megawatts of Bitcoin-mining equipment. The expansion takes Bitdeer’s planned deployment at the site to 35 MW and appr ...