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Side-by-side financial comparison of ASCENT INDUSTRIES CO. (ACNT) and Soluna Holdings, Inc (SLNH). Click either name above to swap in a different company.

ASCENT INDUSTRIES CO. is the larger business by last-quarter revenue ($11.9M vs $8.4M, roughly 1.4× Soluna Holdings, Inc). ASCENT INDUSTRIES CO. runs the higher net margin — -8.8% vs -284.7%, a 275.9% gap on every dollar of revenue. On growth, ASCENT INDUSTRIES CO. posted the faster year-over-year revenue change (13.3% vs 11.8%). ASCENT INDUSTRIES CO. produced more free cash flow last quarter ($-196.0K vs $-6.8M). Over the past eight quarters, Soluna Holdings, Inc's revenue compounded faster (-8.8% CAGR vs -34.9%).

Ascent Capital Group, Inc. was a publicly traded holding company whose primary subsidiary was Monitronics. Ascent Media was a wholly owned subsidiary of the Discovery Holding Company (DHC). DHC spun off Ascent Media as an independent, public company on September 17, 2008.

ACNT vs SLNH — Head-to-Head

Bigger by revenue
ACNT
ACNT
1.4× larger
ACNT
$11.9M
$8.4M
SLNH
Growing faster (revenue YoY)
ACNT
ACNT
+1.5% gap
ACNT
13.3%
11.8%
SLNH
Higher net margin
ACNT
ACNT
275.9% more per $
ACNT
-8.8%
-284.7%
SLNH
More free cash flow
ACNT
ACNT
$6.7M more FCF
ACNT
$-196.0K
$-6.8M
SLNH
Faster 2-yr revenue CAGR
SLNH
SLNH
Annualised
SLNH
-8.8%
-34.9%
ACNT

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ACNT
ACNT
SLNH
SLNH
Revenue
$11.9M
$8.4M
Net Profit
$-1.0M
$-24.0M
Gross Margin
14.6%
9.5%
Operating Margin
-21.0%
-92.5%
Net Margin
-8.8%
-284.7%
Revenue YoY
13.3%
11.8%
Net Profit YoY
-1.2%
-233.2%
EPS (diluted)
$-0.11
$-1.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACNT
ACNT
SLNH
SLNH
Q4 25
$11.9M
Q3 25
$19.7M
$8.4M
Q2 25
$18.7M
$6.2M
Q1 25
$24.7M
$5.9M
Q4 24
$10.5M
$8.3M
Q3 24
$20.9M
$7.5M
Q2 24
$21.5M
$9.7M
Q1 24
$28.0M
$12.5M
Net Profit
ACNT
ACNT
SLNH
SLNH
Q4 25
$-1.0M
Q3 25
$-2.1M
$-24.0M
Q2 25
$6.3M
$-7.4M
Q1 25
$-2.3M
$-7.6M
Q4 24
$-1.0M
$-40.0M
Q3 24
$-6.2M
$-7.2M
Q2 24
$-926.0K
$-10.9M
Q1 24
$-5.5M
$-5.3M
Gross Margin
ACNT
ACNT
SLNH
SLNH
Q4 25
14.6%
Q3 25
29.7%
9.5%
Q2 25
26.1%
6.3%
Q1 25
19.3%
5.7%
Q4 24
24.3%
-360.8%
Q3 24
14.4%
-39.1%
Q2 24
13.1%
34.6%
Q1 24
8.3%
45.4%
Operating Margin
ACNT
ACNT
SLNH
SLNH
Q4 25
-21.0%
Q3 25
-4.1%
-92.5%
Q2 25
-14.4%
-107.6%
Q1 25
-4.2%
-120.9%
Q4 24
-25.4%
-426.0%
Q3 24
-9.4%
-119.8%
Q2 24
-8.6%
-38.0%
Q1 24
-15.5%
3.2%
Net Margin
ACNT
ACNT
SLNH
SLNH
Q4 25
-8.8%
Q3 25
-10.6%
-284.7%
Q2 25
33.7%
-119.9%
Q1 25
-9.3%
-127.3%
Q4 24
-9.8%
-483.8%
Q3 24
-29.5%
-95.5%
Q2 24
-4.3%
-112.4%
Q1 24
-19.7%
-41.9%
EPS (diluted)
ACNT
ACNT
SLNH
SLNH
Q4 25
$-0.11
Q3 25
$-0.22
$-1.14
Q2 25
$0.65
$-0.93
Q1 25
$-0.23
$-1.21
Q4 24
$-0.11
$-7.14
Q3 24
$-0.61
$-1.56
Q2 24
$-0.09
$-3.62
Q1 24
$-0.54
$-2.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACNT
ACNT
SLNH
SLNH
Cash + ST InvestmentsLiquidity on hand
$57.6M
Total DebtLower is stronger
$13.3M
Stockholders' EquityBook value
$87.0M
$14.5M
Total Assets
$111.9M
$152.0M
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACNT
ACNT
SLNH
SLNH
Q4 25
$57.6M
Q3 25
$58.0M
Q2 25
$60.5M
Q1 25
$14.3M
Q4 24
$16.1M
Q3 24
$8.5M
Q2 24
$3.6M
Q1 24
$1.3M
Total Debt
ACNT
ACNT
SLNH
SLNH
Q4 25
Q3 25
$13.3M
Q2 25
$10.0M
Q1 25
$10.2M
Q4 24
$0
$7.1M
Q3 24
$8.1M
Q2 24
$9.0M
Q1 24
Stockholders' Equity
ACNT
ACNT
SLNH
SLNH
Q4 25
$87.0M
Q3 25
$87.1M
$14.5M
Q2 25
$89.7M
$-19.5M
Q1 25
$91.2M
$-16.1M
Q4 24
$93.5M
$-12.5M
Q3 24
$94.7M
$20.9M
Q2 24
$101.0M
$24.4M
Q1 24
$102.0M
$21.5M
Total Assets
ACNT
ACNT
SLNH
SLNH
Q4 25
$111.9M
Q3 25
$119.9M
$152.0M
Q2 25
$122.6M
$92.0M
Q1 25
$152.5M
$90.0M
Q4 24
$147.3M
$88.0M
Q3 24
$148.6M
$97.3M
Q2 24
$158.2M
$98.7M
Q1 24
$161.0M
$90.6M
Debt / Equity
ACNT
ACNT
SLNH
SLNH
Q4 25
Q3 25
0.92×
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
0.39×
Q2 24
0.37×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACNT
ACNT
SLNH
SLNH
Operating Cash FlowLast quarter
$266.0K
$-2.2M
Free Cash FlowOCF − Capex
$-196.0K
$-6.8M
FCF MarginFCF / Revenue
-1.7%
-81.4%
Capex IntensityCapex / Revenue
3.9%
55.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-2.1M
$-34.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACNT
ACNT
SLNH
SLNH
Q4 25
$266.0K
Q3 25
$1.3M
$-2.2M
Q2 25
$-1.4M
$-1.1M
Q1 25
$-700.0K
$-177.0K
Q4 24
$8.8M
$-5.1M
Q3 24
$3.4M
$61.0K
Q2 24
$2.2M
$-7.3M
Q1 24
$263.0K
$3.9M
Free Cash Flow
ACNT
ACNT
SLNH
SLNH
Q4 25
$-196.0K
Q3 25
$695.0K
$-6.8M
Q2 25
$-1.5M
$-9.7M
Q1 25
$-1.0M
$-4.0M
Q4 24
$8.4M
$-13.9M
Q3 24
$3.1M
$-3.4M
Q2 24
$1.9M
$-7.6M
Q1 24
$25.0K
$3.3M
FCF Margin
ACNT
ACNT
SLNH
SLNH
Q4 25
-1.7%
Q3 25
3.5%
-81.4%
Q2 25
-8.3%
-156.8%
Q1 25
-4.1%
-67.1%
Q4 24
80.6%
-168.3%
Q3 24
15.1%
-44.8%
Q2 24
9.1%
-78.2%
Q1 24
0.1%
26.5%
Capex Intensity
ACNT
ACNT
SLNH
SLNH
Q4 25
3.9%
Q3 25
3.1%
55.2%
Q2 25
0.8%
139.0%
Q1 25
1.3%
64.2%
Q4 24
3.7%
107.0%
Q3 24
1.3%
45.6%
Q2 24
1.0%
2.5%
Q1 24
0.9%
4.2%
Cash Conversion
ACNT
ACNT
SLNH
SLNH
Q4 25
Q3 25
Q2 25
-0.22×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACNT
ACNT

Other$6.1M52%
Transferred At Point In Time$5.7M48%

SLNH
SLNH

Data Hosting Revenue$5.3M62%
Cryptocurrency Mining Revenue$2.8M33%
Other$389.0K5%

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