Stocks Comparison
Sharplink vs Soluna: revenue, profit, margins and growth compared
Sharplink brought in $28.1M of revenue in fiscal 2025, Soluna $29.7M in fiscal 2025. Revenue changed by +666.1% at Sharplink and -21.8% at Soluna on the year before, so Sharplink grew faster. Sharplink kept -2,618.4% of its revenue as net profit, Soluna -179.7%. Free cash flow was -$17.6M at Sharplink and -$37.2M at Soluna.
Side by side, latest fiscal year
| SBET | SLNHP | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $28.1M | $29.7M |
| Revenue growth | +666.1% | -21.8% |
| Net income | -$734.6M | -$53.4M |
| Net margin | -2,618.4% | -179.7% |
| Free cash flow | -$17.6M | -$37.2M |
| Free cash flow margin | -62.6% | -125.2% |
| Earnings per share (diluted) | -$7.37 | -$2.38 |
| Cash | $28.5M | $76.4M |
| Debt | n/a | $17.9M |
| Price to earnings | n/a | n/a |
| Market value | $2.1B | $3.1B |
| Dividend yield | n/a | n/a |
| Rank by revenue in sector | #465 of 530 · Technology | #461 of 530 · Technology |
Over the years
Questions about Sharplink and Soluna
Which is bigger by revenue, Sharplink or Soluna?
Soluna is bigger by revenue: $29.7M in fiscal 2025, against $28.1M for Sharplink in fiscal 2025.
Which keeps more of its revenue as profit, Sharplink or Soluna?
Sharplink had a net margin of -2,618.4% in fiscal 2025; Soluna had -179.7% in fiscal 2025.
Which grew revenue faster, Sharplink or Soluna?
In their latest fiscal years revenue changed by +666.1% at Sharplink 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.