Data center firm Soluna's Q3 revenue up 37% sequentially

Reuters

2025/11/17

Data center firm Soluna's Q3 revenue up 37% sequentially

Overview

Soluna Q3 2025 revenue rises 37% sequentially, driven by new Dorothy 2 customers
Gross profit margin increased to 28%, reflecting cost discipline and margin stability
Company secures $100 mln credit facility from Generate Capital for project expansion

Outlook

Soluna plans to accelerate growth in existing business and expand into AI market
Soluna launching Project Kati 1, a wind-powered data center in Texas

Result Drivers

DOROTHY 2 CUSTOMERS - Revenue increase driven by new customer deployments at Dorothy 2, contributing significantly to growth
GROSS PROFIT IMPROVEMENT - Gross profit margin increased to 28% due to cost discipline and one-time electricity credits
CREDIT FACILITY - $100 mln credit facility from Generate Capital to support project expansion

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Crypto Mining Revenue		$2.77 mln
Q3 EPS		-$1.14
Q3 Net Income		-$25.79 mln
Q3 Operating Income		-$7.78 mln
Q3 Pretax Profit		-$26.45 mln

Analyst Coverage

The one available analyst rating on the shares is "hold"
The average consensus recommendation for the it services & consulting peer group is "buy."

Press Release: ID:nBw9gSKCka

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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consulting peer group is \"buy.\"</p></li></ul><p>Press Release: <span>ID:nBw9gSKCka</span></p><p>For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4157","symbol_name":"電子設備和儀器","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251117:nL1N3WT0EC:1","article_id":"2584862337","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584862337","pubTimestamp":1763383137,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Data center firm Soluna's Q3 revenue up 37% sequentiallyOverviewSoluna Q3 2025 revenue rises 37% sequentially, driven by new Dorothy 2 customersGross profit margin increased to 28%, reflecting cost di","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4157":"电子设备和仪器","BK4023":"应用软件","SLNH":"Soluna Holdings, Inc."},"translate_title":"数据中心公司Soluna第三季度收入环比增长37%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SLNH":0.9},"content_text":"Data center firm Soluna's Q3 revenue up 37% sequentiallyOverviewSoluna Q3 2025 revenue rises 37% sequentially, driven by new Dorothy 2 customersGross profit margin increased to 28%, reflecting cost discipline and margin stabilityCompany secures $100 mln credit facility from Generate Capital for project expansionOutlookSoluna plans to accelerate growth in existing business and expand into AI marketSoluna launching Project Kati 1, a wind-powered data center in TexasResult DriversDOROTHY 2 CUSTOMERS - Revenue increase driven by new customer deployments at Dorothy 2, contributing significantly to growthGROSS PROFIT IMPROVEMENT - Gross profit margin increased to 28% due to cost discipline and one-time electricity creditsCREDIT FACILITY - $100 mln credit facility from Generate Capital to support project expansionKey DetailsMetricBeat/MissActualConsensus EstimateQ3 Crypto Mining Revenue$2.77 mlnQ3 EPS-$1.14Q3 Net Income-$25.79 mlnQ3 Operating Income-$7.78 mlnQ3 Pretax Profit-$26.45 mlnAnalyst CoverageThe one available analyst rating on the shares is \"hold\"The average consensus recommendation for the it services & consulting peer group is \"buy.\"Press Release: ID:nBw9gSKCkaFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}