Soluna Holdings, Inc 8K

Soluna Holdings, Inc. announced strong Q2 2026 revenue growth, full vertical integration of Project Dorothy 1, a major expansion and AI-shift in its development pipeline including the Kati 2 joint venture with Metrobloks, and detailed financial results showing continued losses but improved adjusted EBITDA and a strengthened cash position.

On August 13, 2026, Soluna Holdings, Inc. reported its unaudited financial results for the quarter ended June 30, 2026, highlighting fifth consecutive quarter revenue growth to $15.1 million (up 60% sequentially and 145% year-over-year), the completion of vertical integration at its flagship 50 MW Project Dorothy 1 through acquisitions of the Briscoe Wind Farm and remaining interests in Dorothy 1A and 1B, and substantial expansion and AI-focused repositioning of its approximately 6.3 GW development pipeline, including a new Kati 2 AI joint venture with Metrobloks and over 583 MW of new AI projects. The company also disclosed operating metrics such as positive gross profit at Project Kati 1, record performance at Project Dorothy 1A, an adjusted EBITDA loss of $1.6 million, a net loss of $22.6 million for the quarter, cash of $113.4 million and total debt of $33.1 million at quarter-end, as well as subsequent ATM equity raises and the appointment of Ryan Carver as Chief Development Officer. Management announced a same-day webcast to review results and provide a business update, and reiterated its use of non-GAAP metrics such as EBITDA and Adjusted EBITDA in evaluating operations.

Filing Facts

CIK

64463

Ticker

-

Form

8K

Source Type

sec

Accession

0001493152-26-037734

Alert Tier

6