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WULF · NASDAQ · Financial - Capital Markets

TeraWulf (WULF)

Builds power-backed data campuses for AI computing while continuing to mine bitcoin.

$17.04

vs last close−0.29 (−1.67%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	20	23	42	36	27	35	34	48	51	36	34	45
Cost of revenue	8	9	14	14	15	20	25	22	17	19	2	12
Gross profit	11	14	28	22	12	15	10	26	33	17	32	32
	21	19	30	28	28	67	69	36	47	104	168	172
Selling, general & administrative	10	9	15	14	11	32	50	14	17	67	128	112
Other expenses	11	10	15	15	17	35	19	21	31	37	40	60
Operating income	−10	−5	−2	−7	−16	−51	−60	−10	−14	−87	−136	−140
	−9	−6	−7	−5	−4	0	−2	−8	−441	−40	−291	−802
Interest income	0	0	1	0	0	0	2	0	4	0	29	29
Interest expense	10	9	11	5	0	3	4	4	10	62	67	56
Other non-operating income	0	0	2	0	4	−3	−2	4	431	−27	213	−3
Income before tax	−19	−11	−10	−12	−20	−52	−61	−18	−455	−127	−428	−941
Income tax expense	0	0	0	−1	3	0	0	0	0	0	0	0
Net income from continuing operations	−19	−11	−10	−11	−23	−52	−61	−18	−455	−127	−428	−941
Discontinued operations	0	0	0	0	0	0	0	0	0	0	0	0
Other adjustments	0	0	0	0	0	23	0	0	0	0	0	0
Net income	−19	−11	−10	−11	−23	−29	−61	−18	−455	−127	−428	−940
EPS, basic	−$0.09	−$0.04	−$0.03	−$0.03	−$0.06	−$0.07	−$0.16	−$0.05	−$1.13	−$0.32	−$1.01	−$1.94
EPS, diluted	−$0.09	−$0.04	−$0.03	−$0.03	−$0.06	−$0.07	−$0.16	−$0.05	−$1.13	−$0.32	−$1.01	−$1.94
Weighted average shares, basic	222	277	291	341	382	386	383	387	402	398	423	486
Weighted average shares, diluted	222	277	291	341	382	386	383	387	402	398	423	486
EBITDA	−1	4	11	8	−4	−33	−41	5	−418	−30	−319	−116
Depreciation & amortization	8	9	15	14	16	16	16	20	28	30	30	23
EBIT	−10	−5	−4	−6	−20	−49	−57	−14	−445	−60	−349	−139