Soluna Holdings Operating Expenses Growth & History (SLNH)
Soluna Holdings's operating expenses was $35.5M for fiscal 2025.
View full Soluna Holdings company overviewSoluna Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $35.5M | $11.7M | +49.15% |
| 2024 | 2024-12-31 | $23.8M | $776,000 | +3.37% |
| 2023 | 2023-12-31 | $23.0M | −$53.8M | −70.05% |
| 2022 | 2022-12-31 | $76.8M | — | — |
| 2019 | 2019-12-31 | $4.1M | — | — |
| 2017 | 2017-12-31 | $4.2M | −$456,000 | −9.71% |
| 2016 | 2016-12-31 | $4.7M | −$630,000 | −11.83% |
| 2015 | 2015-12-31 | $5.3M | $393,000 | +7.97% |
| 2014 | 2014-12-31 | $4.9M | $195,000 | +4.12% |
| 2013 | 2013-12-31 | $4.7M | −$440,000 | −8.50% |
| 2012 | 2012-12-31 | $5.2M | −$1.3M | −19.86% |
| 2011 | 2011-12-31 | $6.5M | −$2.4M | −27.21% |
| 2010 | 2010-12-31 | $8.9M | — | — |
Soluna Holdings quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $15.7M | $8.7M | +123.57% |
| Q1 2026 | 2026-03-31 | $17.1M | $9.6M | +127.77% |
| Q4 2025 | 2025-12-31 | $12.4M | $7.0M | +129.27% |
| Q3 2025 | 2025-09-30 | $8.6M | $2.5M | +41.24% |
| Q2 2025 | 2025-06-30 | $7.0M | −$7,000 | −0.10% |
| Q1 2025 | 2025-03-31 | $7.5M | $2.2M | +41.90% |
| Q4 2024 | 2024-12-31 | $5.4M | $1.2M | +27.30% |
| Q3 2024 | 2024-09-30 | $6.1M | $933,000 | +18.14% |
| Q2 2024 | 2024-06-30 | $7.0M | $336,000 | +5.03% |
| Q1 2024 | 2024-03-31 | $5.3M | −$1.6M | −23.75% |
| Q4 2023 | 2023-12-31 | $4.2M | — | — |
| Q3 2023 | 2023-09-30 | $5.1M | −$31.8M | −86.06% |
| Q2 2023 | 2023-06-30 | $6.7M | −$1.3M | −16.44% |
| Q1 2023 | 2023-03-31 | $6.9M | — | — |
| Q3 2022 | 2022-09-30 | $36.9M | $33.5M | +985.61% |
| Q2 2022 | 2022-06-30 | $8.0M | $5.5M | +214.18% |
| Q3 2021 | 2021-09-30 | $3.4M | $1.8M | +112.30% |
| Q2 2021 | 2021-06-30 | $2.5M | $1.3M | +110.59% |
| Q1 2021 | 2021-03-31 | $1.2M | −$24,000 | −2.00% |
| Q3 2020 | 2020-09-30 | $1.6M | — | — |
| Q2 2020 | 2020-06-30 | $1.2M | — | — |
| Q1 2020 | 2020-03-31 | $1.2M | — | — |
| Q4 2017 | 2017-12-31 | $1.0M | −$265,000 | −20.24% |
| Q3 2017 | 2017-09-30 | $951,000 | −$176,000 | −15.62% |
| Q2 2017 | 2017-06-30 | $1.0M | −$48,000 | −4.40% |
| Q1 2017 | 2017-03-31 | $1.2M | $33,000 | +2.83% |
| Q4 2016 | 2016-12-31 | $1.3M | $115,000 | +9.63% |
| Q3 2016 | 2016-09-30 | $1.1M | −$193,000 | −14.62% |
| Q2 2016 | 2016-06-30 | $1.1M | −$335,000 | −23.49% |
| Q1 2016 | 2016-03-31 | $1.2M | −$217,000 | −15.67% |
| Q4 2015 | 2015-12-31 | $1.2M | $9,000 | +0.76% |
| Q3 2015 | 2015-09-30 | $1.3M | $112,000 | +9.27% |
| Q2 2015 | 2015-06-30 | $1.4M | $123,000 | +9.44% |
| Q1 2015 | 2015-03-31 | $1.4M | $149,000 | +12.06% |
| Q4 2014 | 2014-12-31 | $1.2M | $22,000 | +1.89% |
| Q3 2014 | 2014-09-30 | $1.2M | $27,000 | +2.29% |
| Q2 2014 | 2014-06-30 | $1.3M | $69,000 | +5.59% |
| Q1 2014 | 2014-03-31 | $1.2M | $77,000 | +6.64% |
| Q4 2013 | 2013-12-31 | $1.2M | $401,000 | +52.62% |
| Q3 2013 | 2013-09-30 | $1.2M | −$454,000 | −27.77% |
| Q2 2013 | 2013-06-30 | $1.2M | −$81,000 | −6.16% |
| Q1 2013 | 2013-03-31 | $1.2M | −$306,000 | −20.89% |
| Q4 2012 | 2012-12-31 | $762,000 | −$614,000 | −44.62% |
| Q3 2012 | 2012-09-30 | $1.6M | −$41,000 | −2.45% |
| Q2 2012 | 2012-06-30 | $1.3M | −$376,000 | −22.24% |
| Q1 2012 | 2012-03-31 | $1.5M | −$252,000 | −14.68% |
| Q4 2011 | 2011-12-31 | $1.4M | — | — |
| Q3 2011 | 2011-09-30 | $1.7M | −$322,000 | −16.12% |
| Q2 2011 | 2011-06-30 | $1.7M | −$331,000 | −16.37% |
| Q1 2011 | 2011-03-31 | $1.7M | — | — |
| Q3 2010 | 2010-09-30 | $2.0M | — | — |
| Q2 2010 | 2010-06-30 | $2.0M | — | — |
Soluna Holdings operating expenses trends
Between the periods ended 2010-12-31 and 2025-12-31, Soluna Holdings's operating expenses increased from $8.9M to $35.5M, a change of $26.6M. The latest reported quarter, Q2 2026, shows $15.7M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Soluna Holdings source filings ↗