vs

Side-by-side financial comparison of Soluna Holdings, Inc (SLNH) and STRATUS PROPERTIES INC (STRS). Click either name above to swap in a different company.

Soluna Holdings, Inc is the larger business by last-quarter revenue ($8.4M vs $8.3M, roughly 1.0× STRATUS PROPERTIES INC). STRATUS PROPERTIES INC runs the higher net margin — 203.2% vs -284.7%, a 487.9% gap on every dollar of revenue. On growth, Soluna Holdings, Inc posted the faster year-over-year revenue change (11.8% vs -19.4%). Soluna Holdings, Inc produced more free cash flow last quarter ($-6.8M vs $-38.0M). Over the past eight quarters, Soluna Holdings, Inc's revenue compounded faster (-8.8% CAGR vs -44.1%).

Ryman Hospitality Properties, Inc. is a hotel, resort, entertainment, and media company named for one of its assets: the Ryman Auditorium, a National Historic Landmark in Nashville, Tennessee. The company's legal lineage can be traced back to its time as a subsidiary of Edward Gaylord's Oklahoma Publishing Company; however, the backbone of the modern entity was formed with the company's acquisition of WSM, Inc. in 1983. This purchase resulted in the ownership of the Grand Ole Opry and associa...

SLNH vs STRS — Head-to-Head

Bigger by revenue
SLNH
SLNH
1.0× larger
SLNH
$8.4M
$8.3M
STRS
Growing faster (revenue YoY)
SLNH
SLNH
+31.2% gap
SLNH
11.8%
-19.4%
STRS
Higher net margin
STRS
STRS
487.9% more per $
STRS
203.2%
-284.7%
SLNH
More free cash flow
SLNH
SLNH
$31.2M more FCF
SLNH
$-6.8M
$-38.0M
STRS
Faster 2-yr revenue CAGR
SLNH
SLNH
Annualised
SLNH
-8.8%
-44.1%
STRS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
SLNH
SLNH
STRS
STRS
Revenue
$8.4M
$8.3M
Net Profit
$-24.0M
$16.9M
Gross Margin
9.5%
Operating Margin
-92.5%
Net Margin
-284.7%
203.2%
Revenue YoY
11.8%
-19.4%
Net Profit YoY
-233.2%
1293.4%
EPS (diluted)
$-1.14
$2.42

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
SLNH
SLNH
STRS
STRS
Q4 25
$8.3M
Q3 25
$8.4M
$5.0M
Q2 25
$6.2M
$11.6M
Q1 25
$5.9M
$5.0M
Q4 24
$8.3M
$10.3M
Q3 24
$7.5M
$8.9M
Q2 24
$9.7M
$8.5M
Q1 24
$12.5M
$26.5M
Net Profit
SLNH
SLNH
STRS
STRS
Q4 25
$16.9M
Q3 25
$-24.0M
$-8.0M
Q2 25
$-7.4M
$-2.3M
Q1 25
$-7.6M
$-3.8M
Q4 24
$-40.0M
$-1.4M
Q3 24
$-7.2M
$-1.4M
Q2 24
$-10.9M
$-2.8M
Q1 24
$-5.3M
$3.7M
Gross Margin
SLNH
SLNH
STRS
STRS
Q4 25
Q3 25
9.5%
-85.1%
Q2 25
6.3%
-19.0%
Q1 25
5.7%
5.1%
Q4 24
-360.8%
18.3%
Q3 24
-39.1%
2.5%
Q2 24
34.6%
10.9%
Q1 24
45.4%
30.7%
Operating Margin
SLNH
SLNH
STRS
STRS
Q4 25
Q3 25
-92.5%
-162.9%
Q2 25
-107.6%
-6.5%
Q1 25
-120.9%
-71.3%
Q4 24
-426.0%
-13.6%
Q3 24
-119.8%
-17.1%
Q2 24
-38.0%
-34.4%
Q1 24
3.2%
13.9%
Net Margin
SLNH
SLNH
STRS
STRS
Q4 25
203.2%
Q3 25
-284.7%
-161.1%
Q2 25
-119.9%
-19.8%
Q1 25
-127.3%
-74.5%
Q4 24
-483.8%
-13.7%
Q3 24
-95.5%
-15.9%
Q2 24
-112.4%
-32.7%
Q1 24
-41.9%
13.9%
EPS (diluted)
SLNH
SLNH
STRS
STRS
Q4 25
$2.42
Q3 25
$-1.14
$-0.62
Q2 25
$-0.93
$0.03
Q1 25
$-1.21
$-0.36
Q4 24
$-7.14
$-0.06
Q3 24
$-1.56
$-0.05
Q2 24
$-3.62
$-0.21
Q1 24
$-2.62
$0.56

Balance Sheet & Financial Strength

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

Metric
SLNH
SLNH
STRS
STRS
Cash + ST InvestmentsLiquidity on hand
$74.3M
Total DebtLower is stronger
$13.3M
Stockholders' EquityBook value
$14.5M
$204.5M
Total Assets
$152.0M
$563.4M
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLNH
SLNH
STRS
STRS
Q4 25
$74.3M
Q3 25
$55.0M
Q2 25
$59.4M
Q1 25
$12.0M
Q4 24
$20.2M
Q3 24
$19.6M
Q2 24
$13.5M
Q1 24
$20.7M
Total Debt
SLNH
SLNH
STRS
STRS
Q4 25
Q3 25
$13.3M
Q2 25
$10.0M
Q1 25
$10.2M
Q4 24
$7.1M
Q3 24
$8.1M
Q2 24
$9.0M
Q1 24
Stockholders' Equity
SLNH
SLNH
STRS
STRS
Q4 25
$204.5M
Q3 25
$14.5M
$185.8M
Q2 25
$-19.5M
$191.9M
Q1 25
$-16.1M
$191.5M
Q4 24
$-12.5M
$194.7M
Q3 24
$20.9M
$196.4M
Q2 24
$24.4M
$196.3M
Q1 24
$21.5M
$197.6M
Total Assets
SLNH
SLNH
STRS
STRS
Q4 25
$563.4M
Q3 25
$152.0M
$572.6M
Q2 25
$92.0M
$574.8M
Q1 25
$90.0M
$534.6M
Q4 24
$88.0M
$532.6M
Q3 24
$97.3M
$523.2M
Q2 24
$98.7M
$514.0M
Q1 24
$90.6M
$509.5M
Debt / Equity
SLNH
SLNH
STRS
STRS
Q4 25
Q3 25
0.92×
Q2 25
Q1 25
Q4 24
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
SLNH
SLNH
STRS
STRS
Operating Cash FlowLast quarter
$-2.2M
$-29.9M
Free Cash FlowOCF − Capex
$-6.8M
$-38.0M
FCF MarginFCF / Revenue
-81.4%
-458.5%
Capex IntensityCapex / Revenue
55.2%
98.2%
Cash ConversionOCF / Net Profit
-1.77×
TTM Free Cash FlowTrailing 4 quarters
$-34.4M
$-70.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLNH
SLNH
STRS
STRS
Q4 25
$-29.9M
Q3 25
$-2.2M
$-9.0M
Q2 25
$-1.1M
$-1.7M
Q1 25
$-177.0K
$-13.5M
Q4 24
$-5.1M
$-5.8M
Q3 24
$61.0K
$-686.0K
Q2 24
$-7.3M
$-8.3M
Q1 24
$3.9M
$6.5M
Free Cash Flow
SLNH
SLNH
STRS
STRS
Q4 25
$-38.0M
Q3 25
$-6.8M
$-9.9M
Q2 25
$-9.7M
$-4.3M
Q1 25
$-4.0M
$-18.0M
Q4 24
$-13.9M
$-35.0M
Q3 24
$-3.4M
$-7.5M
Q2 24
$-7.6M
$-16.3M
Q1 24
$3.3M
$-1.6M
FCF Margin
SLNH
SLNH
STRS
STRS
Q4 25
-458.5%
Q3 25
-81.4%
-198.7%
Q2 25
-156.8%
-37.2%
Q1 25
-67.1%
-357.4%
Q4 24
-168.3%
-339.7%
Q3 24
-44.8%
-84.4%
Q2 24
-78.2%
-191.6%
Q1 24
26.5%
-6.0%
Capex Intensity
SLNH
SLNH
STRS
STRS
Q4 25
98.2%
Q3 25
55.2%
18.4%
Q2 25
139.0%
22.7%
Q1 25
64.2%
89.8%
Q4 24
107.0%
283.0%
Q3 24
45.6%
76.7%
Q2 24
2.5%
94.2%
Q1 24
4.2%
30.7%
Cash Conversion
SLNH
SLNH
STRS
STRS
Q4 25
-1.77×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
1.77×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SLNH
SLNH

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

STRS
STRS

Segment breakdown not available.

Related Comparisons