SLNH (Soluna Holdings) Pre-Tax Income: $-84.84 Mil (TTM As of Jun. 2026)

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SLNH Soluna Holdings Inc SLNH
37 GF Score
Price $1.15
GF Value $0.14
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Soluna Holdings Pre-Tax Income?

Soluna Holdings SLNH -2.14% 37 Pre-Tax Income is $-84.84 Mil as of Jun. 2026. GuruFocus rates SLNH with a GF Score™ of 37/100 and a GF Value™ of $0.14 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Soluna Holdings's pretax income for the three months ended in Jun. 2026 was $-23.17 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $-84.84 Mil. Soluna Holdings's pretax margin was -153.86%.

During the past 13 years, Soluna Holdings's highest Pretax Margin was 8.33%. The lowest was -379.59%. And the median was -90.40%.


Soluna Holdings  (NAS:SLNH) Pre-Tax Income Explanation

Soluna Holdings's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=-23.171/15.06
=-153.86%

During the past 13 years, Soluna Holdings's highest Pretax Margin was 8.33%. The lowest was -379.59%. And the median was -90.40%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Soluna Holdings Pre-Tax Income Related Terms


Soluna Holdings Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Soluna Holdings's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Soluna Holdings Pre-Tax Income Chart

Soluna Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.34 -108.36 -28.77 -60.79 -59.31

Soluna Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.39 -26.45 -16.69 -18.53 -23.17

SLNH vs FUFU, CFOR, CD: Pre-Tax Income Comparison

For the Capital Markets subindustry, Soluna Holdings's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Soluna Holdings Pre-Tax Income vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Soluna Holdings's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Soluna Holdings's Pre-Tax Income falls into.


SLNH
37GF Score
Soluna Holdings Inc SLNH
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Soluna Holdings Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Soluna Holdings's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-33.669+-14.886+-4.835+0+-5.917
=-59.31

Soluna Holdings's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-16.873+-3.126+-3.167+0+-0.004999999999999
=-23.17

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-84.84 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $-84.84 Mil mean?
Soluna Holdings (SLNH) has a Pre-Tax Income of $-84.84 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Soluna Holdings and its competitors.
Is Soluna Holdings' Pre-Tax Income too high?
Soluna Holdings' current Pre-Tax Income is $-84.84 Mil. Overall, Soluna Holdings has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Soluna Holdings' Pre-Tax Income compare to FUFU and CFOR?
Soluna Holdings' Pre-Tax Income of $-84.84 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Capital Markets company?
A good Pre-Tax Income depends on the Capital Markets industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Soluna Holdings and its competitors. Soluna Holdings's current Pre-Tax Income is $-84.84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Soluna Holdings stock overvalued right now?
Based on GuruFocus' analysis, Soluna Holdings (SLNH) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $1.15 — trading 717.9% above its estimated fair value. The current Pre-Tax Income is $-84.84 Mil. Soluna Holdings' overall GF Score™ is 37/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Soluna Holdings (SLNH), the current Pre-Tax Income is $-84.84 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Soluna Holdings (SLNH) Overvalued in 2026?

Based on GuruFocus' analysis, Soluna Holdings stock appears to be overvalued. The current stock price of $1.15 is trading 717.9% above its estimated GF Value™ of $0.14. GuruFocus considers Soluna Holdings to be Significantly Overvalued.

Key valuation signals for SLNH:

  • Pre-Tax Income: $-84.84 Mil
  • GF Value™: $0.14 vs. price of $1.15 (717.9% above fair value)
  • GF Score™: 37/100 with 4 warning signs

No single metric tells the full story. See the SLNH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Soluna Holdings Business Description

Address 325 Washington Avenue Extension, Albany, NY, USA, 12205
Soluna Holdings Inc is a U.S.-based company engaged in the development and operation of data centers powered by renewable energy. The company utilizes excess or curtailed energy from renewable sources to support high-performance computing applications, including cryptocurrency mining, artificial intelligence, and machine learning. Its business model focuses on converting underutilized renewable energy into computing resources through co-located data center infrastructure.
37GF Score

Get the complete analysis for SLNH

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.15
Price
$0.14
GF Value