---
title: "Soluna Holdings Pref Share SLNHP 9 Perp 08/23/26 | 8-K: FY2025 Q3 Revenue: USD 8.415 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/266200388.md"
datetime: "2025-11-17T12:34:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/266200388.md)
  - [en](https://longbridge.com/en/news/266200388.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/266200388.md)
---

# Soluna Holdings Pref Share SLNHP 9 Perp 08/23/26 | 8-K: FY2025 Q3 Revenue: USD 8.415 M

Revenue: As of FY2025 Q3, the actual value is USD 8.415 M.

EPS: As of FY2025 Q3, the actual value is USD -1.14.

EBIT: As of FY2025 Q3, the actual value is USD -6.568 M.

### Segment Revenue

-   **Cryptocurrency Mining Revenue**: $2,769 thousand for Q3 2025, compared to $2,811 thousand for Q3 2024.
-   **Data Hosting Revenue**: $5,257 thousand for Q3 2025, compared to $4,271 thousand for Q3 2024.
-   **Demand Response Service Revenue**: $389 thousand for Q3 2025, compared to $443 thousand for Q3 2024.

### Operational Metrics

-   **Gross Profit**: Increased to 28% in Q3 2025 from 19% in Q2 2025.
-   **Net Loss**: Increased by - $17.7 million from Q3 2024 to Q3 2025, driven by fair value adjustment of exercised warrants and other financing expenses.
-   **Adjusted EBITDA**: Decreased to - $6.4 million in Q3 2025 from - $3.482 million in Q3 2024.

### Cash Flow

-   **Operating Cash Flow**: Net cash used in operating activities was - $3.479 million for the nine months ended September 30, 2025.

### Unique Metrics

-   **Record Level Cash Reserves**: Cash increased by $45 million to $60.5 million in Q3 2025.
-   **Capital Raised**: Over $64 million gross raised in Q3 2025 from a mix of public market and project-level equity and debt sources.

### Outlook / Guidance

-   Soluna Holdings, Inc. plans to accelerate the growth of its existing business and expand into the fast-growing AI market.
-   The company has strengthened its capital structure to be more flexible and growth-oriented.
-   Soluna aims to surpass 1 gigawatt of clean computing projects and continue its long-term roadmap towards 2.8 gigawatts.

### Related Stocks

- [SLNHP.US](https://longbridge.com/en/quote/SLNHP.US.md)

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