Soluna Q2 FY26 net loss widens to $22.6 million; revenue rises 145% year over year to $15.1 million
Reuters2026/08/13 20:01- 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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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