vs
Side-by-side financial comparison of Axil Brands, Inc. (AXIL) and Soluna Holdings, Inc (SLNH). Click either name above to swap in a different company.
Soluna Holdings, Inc is the larger business by last-quarter revenue ($8.4M vs $8.1M, roughly 1.0× Axil Brands, Inc.). Axil Brands, Inc. runs the higher net margin — 8.7% vs -284.7%, a 293.3% gap on every dollar of revenue. On growth, Soluna Holdings, Inc posted the faster year-over-year revenue change (11.8% vs 5.2%). Axil Brands, Inc. produced more free cash flow last quarter ($906.4K vs $-6.8M). Over the past eight quarters, Axil Brands, Inc.'s revenue compounded faster (12.1% CAGR vs -8.8%).
Axil Brands, Inc. is a U.S.-headquartered company that designs, manufactures and markets premium hearing protection products, audio enhancement devices and personal audio accessories. Its offerings include custom-fit earplugs, Bluetooth-enabled hearing buds for work, sports and leisure use, serving both consumer and professional segments across global markets.
AXIL vs SLNH — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $8.1M | $8.4M |
| Net Profit | $704.9K | $-24.0M |
| Gross Margin | 68.1% | 9.5% |
| Operating Margin | 11.1% | -92.5% |
| Net Margin | 8.7% | -284.7% |
| Revenue YoY | 5.2% | 11.8% |
| Net Profit YoY | 11.2% | -233.2% |
| EPS (diluted) | $0.09 | $-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.
| Q4 25 | $8.1M | — | ||
| Q3 25 | $6.9M | $8.4M | ||
| Q2 25 | $5.8M | $6.2M | ||
| Q1 25 | $6.9M | $5.9M | ||
| Q4 24 | $7.7M | $8.3M | ||
| Q3 24 | $5.9M | $7.5M | ||
| Q2 24 | $6.5M | $9.7M | ||
| Q1 24 | $6.5M | $12.5M |
| Q4 25 | $704.9K | — | ||
| Q3 25 | $334.3K | $-24.0M | ||
| Q2 25 | $-245.6K | $-7.4M | ||
| Q1 25 | $576.7K | $-7.6M | ||
| Q4 24 | $633.7K | $-40.0M | ||
| Q3 24 | $-109.8K | $-7.2M | ||
| Q2 24 | $49.5K | $-10.9M | ||
| Q1 24 | $781.1K | $-5.3M |
| Q4 25 | 68.1% | — | ||
| Q3 25 | 67.6% | 9.5% | ||
| Q2 25 | 70.0% | 6.3% | ||
| Q1 25 | 71.7% | 5.7% | ||
| Q4 24 | 71.1% | -360.8% | ||
| Q3 24 | 71.0% | -39.1% | ||
| Q2 24 | 71.5% | 34.6% | ||
| Q1 24 | 71.5% | 45.4% |
| Q4 25 | 11.1% | — | ||
| Q3 25 | 6.0% | -92.5% | ||
| Q2 25 | 0.8% | -107.6% | ||
| Q1 25 | 8.4% | -120.9% | ||
| Q4 24 | 8.7% | -426.0% | ||
| Q3 24 | -2.4% | -119.8% | ||
| Q2 24 | 2.6% | -38.0% | ||
| Q1 24 | -1.6% | 3.2% |
| Q4 25 | 8.7% | — | ||
| Q3 25 | 4.9% | -284.7% | ||
| Q2 25 | -4.3% | -119.9% | ||
| Q1 25 | 8.3% | -127.3% | ||
| Q4 24 | 8.2% | -483.8% | ||
| Q3 24 | -1.9% | -95.5% | ||
| Q2 24 | 0.8% | -112.4% | ||
| Q1 24 | 12.1% | -41.9% |
| Q4 25 | $0.09 | — | ||
| Q3 25 | $0.04 | $-1.14 | ||
| Q2 25 | $-0.03 | $-0.93 | ||
| Q1 25 | $0.07 | $-1.21 | ||
| Q4 24 | $0.08 | $-7.14 | ||
| Q3 24 | $-0.02 | $-1.56 | ||
| Q2 24 | $0.11 | $-3.62 | ||
| Q1 24 | $0.04 | $-2.62 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $5.0M | — |
| Total DebtLower is stronger | $138.3K | $13.3M |
| Stockholders' EquityBook value | $11.1M | $14.5M |
| Total Assets | $16.2M | $152.0M |
| Debt / EquityLower = less leverage | 0.01× | 0.92× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.0M | — | ||
| Q3 25 | $4.1M | — | ||
| Q2 25 | $4.8M | — | ||
| Q1 25 | $4.7M | — | ||
| Q4 24 | $5.2M | — | ||
| Q3 24 | $4.1M | — | ||
| Q2 24 | $3.3M | — | ||
| Q1 24 | $4.9M | — |
| Q4 25 | $138.3K | — | ||
| Q3 25 | $139.2K | $13.3M | ||
| Q2 25 | $140.2K | $10.0M | ||
| Q1 25 | $141.0K | $10.2M | ||
| Q4 24 | $143.3K | $7.1M | ||
| Q3 24 | $144.3K | $8.1M | ||
| Q2 24 | $146.6K | $9.0M | ||
| Q1 24 | — | — |
| Q4 25 | $11.1M | — | ||
| Q3 25 | $10.2M | $14.5M | ||
| Q2 25 | $9.7M | $-19.5M | ||
| Q1 25 | $9.7M | $-16.1M | ||
| Q4 24 | $8.8M | $-12.5M | ||
| Q3 24 | $7.9M | $20.9M | ||
| Q2 24 | $7.7M | $24.4M | ||
| Q1 24 | $8.8M | $21.5M |
| Q4 25 | $16.2M | — | ||
| Q3 25 | $15.4M | $152.0M | ||
| Q2 25 | $12.9M | $92.0M | ||
| Q1 25 | $13.0M | $90.0M | ||
| Q4 24 | $13.7M | $88.0M | ||
| Q3 24 | $11.4M | $97.3M | ||
| Q2 24 | $11.0M | $98.7M | ||
| Q1 24 | $12.7M | $90.6M |
| Q4 25 | 0.01× | — | ||
| Q3 25 | 0.01× | 0.92× | ||
| Q2 25 | 0.01× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 0.02× | — | ||
| Q3 24 | 0.02× | 0.39× | ||
| Q2 24 | 0.02× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $934.8K | $-2.2M |
| Free Cash FlowOCF − Capex | $906.4K | $-6.8M |
| FCF MarginFCF / Revenue | 11.1% | -81.4% |
| Capex IntensityCapex / Revenue | 0.3% | 55.2% |
| Cash ConversionOCF / Net Profit | 1.33× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-34.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $934.8K | — | ||
| Q3 25 | $-739.2K | $-2.2M | ||
| Q2 25 | $194.4K | $-1.1M | ||
| Q1 25 | $-169.9K | $-177.0K | ||
| Q4 24 | $1.0M | $-5.1M | ||
| Q3 24 | $897.3K | $61.0K | ||
| Q2 24 | $-336.6K | $-7.3M | ||
| Q1 24 | $-912.8K | $3.9M |
| Q4 25 | $906.4K | — | ||
| Q3 25 | $-747.6K | $-6.8M | ||
| Q2 25 | — | $-9.7M | ||
| Q1 25 | $-258.2K | $-4.0M | ||
| Q4 24 | $941.1K | $-13.9M | ||
| Q3 24 | — | $-3.4M | ||
| Q2 24 | $-394.9K | $-7.6M | ||
| Q1 24 | $-922.1K | $3.3M |
| Q4 25 | 11.1% | — | ||
| Q3 25 | -10.9% | -81.4% | ||
| Q2 25 | — | -156.8% | ||
| Q1 25 | -3.7% | -67.1% | ||
| Q4 24 | 12.2% | -168.3% | ||
| Q3 24 | — | -44.8% | ||
| Q2 24 | -6.1% | -78.2% | ||
| Q1 24 | -14.3% | 26.5% |
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.1% | 55.2% | ||
| Q2 25 | — | 139.0% | ||
| Q1 25 | 1.3% | 64.2% | ||
| Q4 24 | 0.9% | 107.0% | ||
| Q3 24 | — | 45.6% | ||
| Q2 24 | 0.9% | 2.5% | ||
| Q1 24 | 0.1% | 4.2% |
| Q4 25 | 1.33× | — | ||
| Q3 25 | -2.21× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.29× | — | ||
| Q4 24 | 1.59× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -6.80× | — | ||
| Q1 24 | -1.17× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AXIL
| Hearing Enhancement And Protection | $7.8M | 95% |
| Other | $378.9K | 5% |
SLNH
| Data Hosting Revenue | $5.3M | 62% |
| Cryptocurrency Mining Revenue | $2.8M | 33% |
| Other | $389.0K | 5% |
