Soluna Holdings Reports Q2 2026 Financial Results and Debt Prepayment Agreement
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Key Takeaways
- Total revenue for Q2 2026 reached $15.06 million, up from $6.16 million in Q2 2025.
- Data hosting revenue increased to $12.65 million, while cryptocurrency mining revenue fell to $1.72 million.
- Net loss attributable to Soluna Holdings was $20.71 million for Q2 2026 and $38.18 million for the six months ended June 30, 2026.
- The company agreed to prepay $5.69 million and $13.43 million on Tranche A-1 and A-3 loans, respectively.
- Generate Lending, LLC granted waivers for reporting and operational compliance failures.
- Total assets grew to $293.51 million as of June 30, 2026, from $187.94 million at year-end 2025.
- As of August 10, 2026, Soluna had 244,590,575 shares of common stock outstanding.
- The Debt Service Coverage Ratio test waiver excludes the Dorothy 1A and Dorothy 2 projects.
