Soluna Q2 FY26 net loss widens to $22.6 million; revenue rises 145% year over year to $15.1 million
SLNH•Q2 results and operating trends
- Soluna posted Q2 2026 revenue of USD 15.1 million, up 60% sequentially and more than doubled year over year.
- Net loss widened to USD 22.6 million from USD 17.9 million in Q1.
- Gross profit fell to USD 766,000 from USD 1.9 million in Q1, hit by USD 1.5 million of Briscoe maintenance costs.
- Adjusted EBITDA loss narrowed 25% to USD 1.6 million, helped by lower legal, consulting and compensation costs.
- Pipeline expanded to about 6.3 GW; Soluna signed a Metrobloks JV for Kati 2, targeting 100 MW in Phase I.
