Soluna (SLNH) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

Soluna Revenue Highlights

Latest Revenue (Y)

$21.07M

Latest Revenue (Q)

$7.53M

Main Segment (Y)

Cryptocurrency Mining Revenue

Main Geography (Y)

United States

Soluna Revenue by Period

Soluna Revenue by Year

Date	Revenue	Change
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	-6.94%
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 $21.07M in revenue during NA 2023, up -26.21% compared to the previous quarter, and up 298.34% compared to the same period a year ago.

Soluna Revenue by Quarter

Date	Revenue	Change
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 $7.53M in revenue during Q3 2024, up -22.22% compared to the previous quarter, and up 363.88% compared to the same period a year ago.

Soluna Revenue Breakdown

Soluna Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20
Data Hosting Revenue	$10.20M	$3.52M	$3.41M	-
Cryptocurrency Mining Revenue	$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 23: Cryptocurrency Mining Revenue (50.98%), and Data Hosting Revenue (49.02%).

Quarterly Revenue by Product

Product/Service	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
Cryptocurrency Mining Revenue	$2.81M	$4.48M	$6.40M	$9.69M	$915.00K	-	-	-	-	-	-	-	-	-	-
Data Hosting Revenue	$4.27M	$4.90M	$5.28M	$5.97M	$4.01M	$214.00K	$325.00K	$1.08M	$975.00K	$1.50M	$2.31M	-	-	-	-
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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Crytocurrency	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Test and Measurement Instrumentation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.34M

Soluna's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Data Hosting Revenue (60.31%), and Cryptocurrency Mining Revenue (39.69%).

Soluna Revenue Breakdown by Country

Annual Revenue by Country

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

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
Data Hosting Revenue	$214.00K	-
Cryptocurrency Revenue	$2.92M	-
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
ASGN	ASGN	$4.45B	$1.03B
GDYN	Grid Dynamics	$312.91M	$87.44M
CLPS	CLPS In	$150.36M	$71.77M
NOTE	FiscalNote	$132.65M	$29.44M
INOD	Innodata	$86.78M	$52.22M
ARBB	ARB IOT Group	$27.99M	$15.81M
SLNH	Soluna	$21.07M	$7.53M

SLNH Revenue FAQ

What is Soluna’s yearly revenue?

Soluna's yearly revenue for 2023 was $21.07M, representing a decrease of -26.21% compared to 2022. The company's yearly revenue for 2022 was $28.55M, representing an increase of 99.00% compared to 2021. SLNH's yearly revenue for 2021 was $14.34M, representing an increase of 49.44% compared to 2020.

What is Soluna’s quarterly revenue?

Soluna'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). The company's quarterly revenue for Q2 2024 was $9.68M, a -22.90% decrease from the previous quarter (Q1 2024), and a 367.84% increase year-over-year (Q2 2023). SLNH's quarterly revenue for Q1 2024 was $12.55M, a 24.03% increase from the previous quarter (Q4 2023), and a 307.17% increase year-over-year (Q1 2023).

What is Soluna’s revenue growth rate?

Soluna's revenue growth rate for the last 3 years (2021-2023) was 46.85%, and for the last 5 years (2019-2023) was 220.59%.

What are Soluna’s revenue streams?

Soluna's revenue streams in c 23 are Data Hosting Revenue, and Cryptocurrency Mining Revenue. Data Hosting Revenue generated $10.2M in revenue, accounting 49.02% of the company's total revenue, up 189.91% year-over-year. Cryptocurrency Mining Revenue generated $10.6M in revenue, accounting 50.98% of the company's total revenue, down -56.57% year-over-year.

What is Soluna’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Soluna was Cryptocurrency Mining Revenue. This segment made a revenue of $10.6M, representing 50.98% of the company's total revenue.