SOLUNA HOLDINGS INC (SLNH)
NASDAQFinancialsHardware, Equipment & PartsSnapshot 2026-11-05
$0.46-18.15%
Close 2026-11-05 · 1-day change
NASDAQFinancialsHardware, Equipment & PartsSnapshot 2026-11-05
QuarterlyIQ Insights · SLNH
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
“This is Soluna’s fifth consecutive quarter of sequential revenue growth, and a 145% year-over-year increase that reflects the operating leverage we are building across the portfolio,” said John Beli…
Stated in 2 of 3 supplied quarters. Management reported: ““This is Soluna’s fifth consecutive quarter of sequential revenue growth, and a 145% year-over-year increase that reflects the operating leverage we are building across the portfolio,” said John Belizaire, CEO of Soluna Holdings.” ““Our fourth consecutive quarter of sequential revenue growth and 58% year-over-year increase reflects the operating leverage we’re building across the portfolio.”
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 0 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 57% of the time over the next year (vs 59% for the rest of the cohort, n=7714).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
““This is Soluna’s fifth consecutive quarter of sequential revenue growth, and a 145% year-over-year increase that reflects the operating leverage we are building across the portfolio,” said John Beli…”
““Our fourth consecutive quarter of sequential revenue growth and 58% year-over-year increase reflects the operating leverage we’re building across the portfolio.”
With Briscoe and full ownership of Dorothy 1 in hand, we control the generation-to-compute chain at our flagship campus, and we are moving quickly to convert existing sites to AI and advance Dorothy…
Stated in 2 of 3 supplied quarters. Management reported: “With Briscoe and full ownership of Dorothy 1 in hand, we control the generation-to-compute chain at our flagship campus, and we are moving quickly to convert existing sites to AI and advance Dorothy 3.”” “With this acquisition, Soluna achieves full vertical integration for Project Dorothy, owning both the renewable energy source and the data center infrastructure it powers.”
“With Briscoe and full ownership of Dorothy 1 in hand, we control the generation-to-compute chain at our flagship campus, and we are moving quickly to convert existing sites to AI and advance Dorothy…”
“With this acquisition, Soluna achieves full vertical integration for Project Dorothy, owning both the renewable energy source and the data center infrastructure it powers.”
“This quarter, we expanded our development pipeline to approximately 6.3 gigawatts, with major capacity growth across our AI sites,” Belizaire continued.
Stated in 2 of 3 supplied quarters. Management reported: ““This quarter, we expanded our development pipeline to approximately 6.3 gigawatts, with major capacity growth across our AI sites,” Belizaire continued.” “● Development Pipeline Surpasses 4.3 GW – Soluna’s pipeline grew to 4.3 GW through new and expanded IPP partnerships, anchored by an AI-focused pipeline including Kati 2 (300 MW+), Dorothy 3 (300 MW+), and early-stage greenfield sites across the U.S. ● Michael Picchi Appointed Chief Financial Officer – Soluna appointed Michael Picchi as CFO, effective April 1, 2026.”
““This quarter, we expanded our development pipeline to approximately 6.3 gigawatts, with major capacity growth across our AI sites,” Belizaire continued.”
“● Development Pipeline Surpasses 4.3 GW – Soluna’s pipeline grew to 4.3 GW through new and expanded IPP partnerships, anchored by an AI-focused pipeline including Kati 2 (300 MW+), Dorothy 3 (300 MW+…”
Phase I is a 100 MW critical IT data center development, with Phase II adding a further 250 MW.
Stated in 2 of 3 supplied quarters. Management reported: “Phase I is a 100 MW critical IT data center development, with Phase II adding a further 250 MW.” “● Project Kati 2 Advances with AI Partnership – Soluna partnered with Metrobloks to unlock 100+ MW of AI and HPC capacity, secured 500+ acres of additional land, advanced Phase 1 to 30% schematic design, and began procurement of long-lead equipment for the up to 300 MW+ site.”
“Phase I is a 100 MW critical IT data center development, with Phase II adding a further 250 MW.”
“● Project Kati 2 Advances with AI Partnership – Soluna partnered with Metrobloks to unlock 100+ MW of AI and HPC capacity, secured 500+ acres of additional land, advanced Phase 1 to 30% schematic des…”
Acquire and integrate Briscoe Wind Farm to secure renewable energy supply and enable AI campus expansion at Project Dorothy.
Over the trailing year it converted 0.04x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity, real (inflation-adjusted) rates, long-term interest rates (low R² over the window).
31 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Financials names rated volatile grew net income 58% of the time over the next year (vs 59% for the rest of the cohort, n=7346).
Not investment advice. As of 2026-11-05.