Soluna (SLNH) Revenue & Revenue Breakdown


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Soluna Revenue Highlights


Latest Revenue (Y)

$21.07M

Latest Revenue (Q)

$12.55M

Main Segment (Y)

Cryptocurrency Mining Revenue

Main Geography (Y)

United States

Soluna Revenue by Period


Soluna Revenue by Year

DateRevenueChange
2023-12-31$21.07M-26.21%
2022-12-31$28.55M99.00%
2021-12-31$14.35M49.44%
2020-12-31$9.60M46.08%
2019-12-31$6.57M-6.94%
2017-12-31$7.06M0.07%
2016-12-31$7.06M11.47%
2015-12-31$6.33M-27.91%
2014-12-31$8.78M5.14%
2013-12-31$8.35M41.56%
2012-12-31$5.90M-42.68%
2011-12-31$10.29M22.35%
2010-12-31$8.41M1.29%
2009-12-31$8.31M12.58%
2008-12-31$7.38M-30.29%
2007-12-31$10.58M29.77%
2006-12-31$8.16M4.02%
2005-12-31$7.84M-8.51%
2004-12-31$8.57M9.06%
2003-12-31$7.86M13.31%
2002-12-31$6.93M-4.97%
2001-09-30$7.30M31.57%
2000-09-30$5.55M-57.00%
1999-09-30$12.90M-38.57%
1998-09-30$21.00M-34.33%
1997-09-30$31.98M0.25%
1996-09-30$31.90M7.24%
1995-09-30$29.75M-56.25%
1993-09-30$68.00M-2.86%
1992-09-30$70.00M8.19%
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

DateRevenueChange
2024-03-31$12.55M24.03%
2023-12-31$10.12M74.54%
2023-09-30$5.80M180.32%
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$9.32M156.22%
2021-12-31$3.64M-28.33%
2021-09-30$5.07M53.54%
2021-06-30$3.30M41.68%
2021-03-31$2.33M23.45%
2020-12-31$1.89M-48.77%
2020-09-30$3.69M51.11%
2020-06-30$2.44M54.14%
2020-03-31$1.58M7.32%
2019-12-31$1.48M-10.06%
2019-09-30$1.64M-9.39%
2019-06-30$1.81M9.96%
2019-03-31$1.65M-36.47%
2018-12-31$2.59M39.23%
2018-09-30$1.86M-7.92%
2018-06-30$2.02M27.19%
2018-03-31$1.59M-21.10%
2017-12-31$2.01M8.45%
2017-09-30$1.86M-1.90%
2017-06-30$1.89M45.95%
2017-03-31$1.30M-27.58%
2016-12-31$1.79M-19.76%
2016-09-30$2.23M23.45%
2016-06-30$1.81M47.59%
2016-03-31$1.23M-15.34%
2015-12-31$1.45M11.65%
2015-09-30$1.30M-33.57%
2015-06-30$1.95M19.25%
2015-03-31$1.64M-45.12%
2014-12-31$2.98M53.66%
2014-09-30$1.94M-21.71%
2014-06-30$2.48M79.31%
2014-03-31$1.38M-12.20%
2013-12-31$1.57M-31.89%
2013-09-30$2.31M1.94%
2013-06-30$2.27M3.05%
2013-03-31$2.20M-2.09%
2012-12-31$2.25M107.48%
2012-09-30$1.08M-20.72%
2012-06-30$1.37M13.46%
2012-03-31$1.20M-63.24%
2011-12-31$3.27M40.80%
2011-09-30$2.33M8.69%
2011-06-30$2.14M-16.14%
2011-03-31$2.55M-7.64%
2010-12-31$2.76M39.55%
2010-09-30$1.98M-3.18%
2010-06-30$2.04M25.92%
2010-03-31$1.62M-33.00%
2009-12-31$2.42M23.36%
2009-09-30$1.97M6.10%
2009-06-30$1.85M19.56%
2009-03-31$1.55M10.88%
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$3.09M20.92%
2007-09-30$2.55M-2.85%
2007-06-30$2.63M13.47%
2007-03-31$2.32M-21.20%
2006-12-31$2.94M57.50%
2006-09-30$1.87M4.07%
2006-06-30$1.79M15.08%
2006-03-31$1.56M-

Soluna generated $12.55M in revenue during Q1 2024, up 24.03% compared to the previous quarter, and up 300.00% compared to the same period a year ago.

Soluna Revenue Breakdown


Soluna Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 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/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Data Hosting Revenue$4.90M$5.28M$5.97M$4.01M$214.00K$325.00K$1.08M$975.00K$1.50M$2.31M----
Cryptocurrency Mining Revenue$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 24: Data Hosting Revenue (52.21%), and Cryptocurrency Mining Revenue (47.79%).

Soluna Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 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

CountryMar 23Mar 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


TickerCompanyLast Year RevenueLast Quarter Revenue
ASGNASGN$4.45B$1.03B
GDYNGrid Dynamics$312.91M$87.44M
CLPSCLPS In$150.36M$71.77M
NOTEFiscalNote$132.65M$29.25M
INODInnodata$86.78M$32.55M
ARBBARB IOT Group$27.99M$15.81M
SLNHSoluna$21.07M$12.55M
WAVDWaveDancer$7.98M$10.00K

SLNH Revenue FAQ


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.

Soluna'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). The company's quarterly revenue for Q4 2023 was $10.12M, a 74.54% increase from the previous quarter (Q3 2023), and a 141.88% increase year-over-year (Q4 2022). SLNH's quarterly revenue for Q3 2023 was $5.8M, a 180.32% increase from the previous quarter (Q2 2023), and a -9.02% decrease year-over-year (Q3 2022).

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%.

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.

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.