Strategy vs Soluna: revenue, profit, margins and growth compared
Strategy brought in $477.2M of revenue in fiscal 2025, Soluna $29.7M in fiscal 2025. Revenue changed by +3.0% at Strategy and -21.8% at Soluna on the year before, so Strategy grew faster. Strategy kept -806.3% of its revenue as net profit, Soluna -179.7%. Free cash flow was -$75.5M at Strategy and -$37.2M at Soluna.
Fiscal years as each company reports them; the two may end in different months.
Questions about Strategy and Soluna
Which is bigger by revenue, Strategy or Soluna?
Strategy is bigger by revenue: $477.2M in fiscal 2025, against $29.7M for Soluna in fiscal 2025.
Which keeps more of its revenue as profit, Strategy or Soluna?
Strategy had a net margin of -806.3% in fiscal 2025; Soluna had -179.7% in fiscal 2025.
Which grew revenue faster, Strategy or Soluna?
In their latest fiscal years revenue changed by +3.0% at Strategy and -21.8% at Soluna.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.