Soluna (SLNH) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

Soluna Revenue Highlights

Latest Revenue (Y)

$38.02M

Latest Revenue (Q)

$5.94M

Main Segment (Y)

Data Hosting Revenue

Main Geography (Y)

United States

Soluna Revenue by Period

Soluna Revenue by Year

Date	Revenue	Change
2024-12-31	$38.02M	80.49%
2023-12-31	$21.07M	-26.21%
2022-12-31	$28.55M	99.00%
2021-12-31	$14.35M	49.44%
2020-12-31	$9.60M	46.08%
2019-12-31	$6.57M	-18.49%
2018-12-31	$8.06M	14.18%
2017-12-31	$7.06M	0.07%
2016-12-31	$7.06M	11.47%
2015-12-31	$6.33M	-27.91%
2014-12-31	$8.78M	5.14%
2013-12-31	$8.35M	41.56%
2012-12-31	$5.90M	-42.68%
2011-12-31	$10.29M	22.35%
2010-12-31	$8.41M	1.29%
2009-12-31	$8.31M	12.58%
2008-12-31	$7.38M	-30.29%
2007-12-31	$10.58M	29.77%
2006-12-31	$8.16M	4.02%
2005-12-31	$7.84M	-8.51%
2004-12-31	$8.57M	9.06%
2003-12-31	$7.86M	13.31%
2002-12-31	$6.93M	-4.97%
2001-09-30	$7.30M	31.57%
2000-09-30	$5.55M	-57.00%
1999-09-30	$12.90M	-38.57%
1998-09-30	$21.00M	-34.33%
1997-09-30	$31.98M	0.25%
1996-09-30	$31.90M	7.24%
1995-09-30	$29.75M	-56.25%
1993-09-30	$68.00M	-2.86%
1992-09-30	$70.00M	8.19%
1991-09-30	$64.70M	-

Soluna generated $38.02M in revenue during NA 2024, up 80.49% compared to the previous quarter, and up 578.62% compared to the same period a year ago.

Soluna Revenue by Quarter

Date	Revenue	Change
2025-03-31	$5.94M	-28.24%
2024-12-31	$8.27M	9.93%
2024-09-30	$7.53M	-22.22%
2024-06-30	$9.68M	-22.90%
2024-03-31	$12.55M	24.03%
2023-12-31	$10.12M	74.54%
2023-09-30	$5.80M	180.32%
2023-06-30	$2.07M	-32.90%
2023-03-31	$3.08M	-26.32%
2022-12-31	$4.18M	-34.35%
2022-09-30	$6.37M	-26.56%
2022-06-30	$8.68M	-6.87%
2022-03-31	$9.32M	156.22%
2021-12-31	$3.64M	-28.33%
2021-09-30	$5.07M	53.54%
2021-06-30	$3.30M	41.68%
2021-03-31	$2.33M	23.45%
2020-12-31	$1.89M	-48.77%
2020-09-30	$3.69M	51.11%
2020-06-30	$2.44M	54.14%
2020-03-31	$1.58M	7.32%
2019-12-31	$1.48M	-10.06%
2019-09-30	$1.64M	-9.39%
2019-06-30	$1.81M	9.96%
2019-03-31	$1.65M	-36.47%
2018-12-31	$2.59M	39.23%
2018-09-30	$1.86M	-7.92%
2018-06-30	$2.02M	27.19%
2018-03-31	$1.59M	-21.10%
2017-12-31	$2.01M	8.45%
2017-09-30	$1.86M	-1.90%
2017-06-30	$1.89M	45.95%
2017-03-31	$1.30M	-27.58%
2016-12-31	$1.79M	-19.76%
2016-09-30	$2.23M	23.45%
2016-06-30	$1.81M	47.59%
2016-03-31	$1.23M	-15.34%
2015-12-31	$1.45M	11.65%
2015-09-30	$1.30M	-33.57%
2015-06-30	$1.95M	19.25%
2015-03-31	$1.64M	-45.12%
2014-12-31	$2.98M	53.66%
2014-09-30	$1.94M	-21.71%
2014-06-30	$2.48M	79.31%
2014-03-31	$1.38M	-12.20%
2013-12-31	$1.57M	-31.89%
2013-09-30	$2.31M	1.94%
2013-06-30	$2.27M	3.05%
2013-03-31	$2.20M	-2.09%
2012-12-31	$2.25M	107.48%
2012-09-30	$1.08M	-20.72%
2012-06-30	$1.37M	13.46%
2012-03-31	$1.20M	-63.24%
2011-12-31	$3.27M	40.80%
2011-09-30	$2.33M	8.69%
2011-06-30	$2.14M	-16.14%
2011-03-31	$2.55M	-7.64%
2010-12-31	$2.76M	39.55%
2010-09-30	$1.98M	-3.18%
2010-06-30	$2.04M	25.92%
2010-03-31	$1.62M	-33.00%
2009-12-31	$2.42M	23.36%
2009-09-30	$1.97M	6.10%
2009-06-30	$1.85M	19.56%
2009-03-31	$1.55M	10.88%
2008-12-31	$1.40M	-22.35%
2008-09-30	$1.80M	-11.34%
2008-06-30	$2.03M	-5.76%
2008-03-31	$2.15M	-30.26%
2007-12-31	$3.09M	20.92%
2007-09-30	$2.55M	-2.85%
2007-06-30	$2.63M	13.47%
2007-03-31	$2.32M	-21.20%
2006-12-31	$2.94M	57.50%
2006-09-30	$1.87M	4.07%
2006-06-30	$1.79M	15.08%
2006-03-31	$1.56M	-

Soluna generated $5.94M in revenue during Q1 2025, up -28.24% compared to the previous quarter, and up 58.67% compared to the same period a year ago.

Soluna Revenue Breakdown

Soluna Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Data Hosting Revenue	$18.84M	$10.20M	$3.52M	$3.41M	-
Cryptocurrency Mining Revenue	$17.03M	$10.60M	$24.41M	-	-
Cryptocurrency Revenue	-	-	-	$10.93M	-
Test and Measurement Instrumentation	-	-	-	-	$9.00M
Other	-	-	-	-	-
Crytocurrency	-	-	-	-	-

Soluna's latest annual revenue breakdown by segment (product or service), as of Dec 24: Data Hosting Revenue (52.52%), and Cryptocurrency Mining Revenue (47.48%).

Quarterly Revenue by Product

Product/Service	Jun 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
Data Hosting Revenue	$3.14M	$4.39M	$4.27M	$4.90M	$5.28M	$5.97M	$4.01M	$214.00K	$325.00K	$1.08M	$975.00K	$1.50M	$2.31M	-	-	-	-
Cryptocurrency Mining Revenue	$2.86M	$3.34M	$2.81M	$4.48M	$6.40M	$9.69M	$915.00K	-	-	-	-	-	-	-	-	-	-
Cryptocurrency Revenue	-	-	-	-	-	-	$1.79M	$2.92M	$6.03M	$10.11M	$9.13M	$8.86M	$6.26M	-	-	-	-
Test And Measurement Instrumentation Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.95M	$1.65M	-
Cryptocurrencymkty Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.11M	$1.66M	-
Condensed Consolidated Totals Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.95M	$1.65M	-
Other Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Test and Measurement Instrumentation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.34M
Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Crytocurrency	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Soluna's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Data Hosting Revenue (52.29%), and Cryptocurrency Mining Revenue (47.71%).

Soluna Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 20
ASEAN	$1.51M
United States	$6.67M
E M E A	$713.00K
North America	$111.00K

Soluna's latest annual revenue breakdown by geography, as of Dec 20: United States (74.08%), ASEAN (16.77%), E M E A (7.92%), and North America (1.23%).

Quarterly Revenue by Country

Country	Mar 23	Mar 21
Cryptocurrency Revenue	$2.92M	-
Data Hosting Revenue	$214.00K	-
Other	-	-

Soluna's latest quarterly revenue breakdown by geography, as of Mar 23: Cryptocurrency Revenue (93.18%), and Data Hosting Revenue (6.82%).

Soluna Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CMTL	Comtech Telecommunications	$1.11T	$126.57M
WBX	Wallbox	$155.43M	$41.81M
KVHI	KVH Industries	$132.38M	$26.62M
MLGO	MicroAlgo	$81.89M	$20.24M
GAUZ	Gauzy Ltd. Ordinary Shares	$77.98M	$24.41M
RDZN	Roadzen	$46.72M	$11.40M
SLNH	Soluna	$38.02M	$5.94M
GNSS	Genasys	$24.01M	$6.93M
PSQH	PSQ	$23.20M	$7.08M
LINK	Interlink Electronics	$11.68M	$2.66M
WRAP	Wrap	$4.51M	$765.00K

SLNH Revenue FAQ

What is Soluna’s yearly revenue?

Soluna's yearly revenue for 2024 was $38.02M, representing an increase of 80.49% compared to 2023. The company's yearly revenue for 2023 was $21.07M, representing a decrease of -26.21% compared to 2022. SLNH's yearly revenue for 2022 was $28.55M, representing an increase of 99.00% compared to 2021.

What is Soluna’s quarterly revenue?

Soluna's quarterly revenue for Q1 2025 was $5.94M, a -28.24% decrease from the previous quarter (Q4 2024), and a -52.70% decrease year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $8.27M, a 9.93% increase from the previous quarter (Q3 2024), and a -18.24% decrease year-over-year (Q4 2023). SLNH's quarterly revenue for Q3 2024 was $7.52M, a -22.22% decrease from the previous quarter (Q2 2024), and a 29.81% increase year-over-year (Q3 2023).

What is Soluna’s revenue growth rate?

Soluna's revenue growth rate for the last 3 years (2022-2024) was 33.19%, and for the last 5 years (2020-2024) was 296.09%.

What are Soluna’s revenue streams?

Soluna's revenue streams in c 24 are Data Hosting Revenue, and Cryptocurrency Mining Revenue. Data Hosting Revenue generated $18.84M in revenue, accounting 52.52% of the company's total revenue, up 84.76% year-over-year. Cryptocurrency Mining Revenue generated $17.03M in revenue, accounting 47.48% of the company's total revenue, up 60.60% year-over-year.

What is Soluna’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Soluna was Data Hosting Revenue. This segment made a revenue of $18.84M, representing 52.52% of the company's total revenue.