TERAWULF INC.
WULFNasdaq
$18.16
↑ +1.0%Jul 17 close · end-of-day
Price
1Y↑ +245.9%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$7.7B
Enterprise Value
$8.2B
P/E
—
P/S
45.7
P/B
—
EV/EBITDA
—
PEG
—
FCF Yield
-22.0%
Dividend Yield
0.0%
Revenue (TTM)
$168.1M
Net Income (TTM)
-$1.0B
Free Cash Flow (TTM)
-$1.7B
Gross Margin
—
Operating Margin
-171.8%
Net Margin
-611.5%
ROE
1304.5%
ROIC
-57.8%
Debt / Equity
-39.4
Net Cash
-$473.8M
Return 1Y
+238.8%
Company profile
TeraWulf Inc. operates as a digital asset technology company in the United States. It develops, owns, and operates bitcoin mining facility sites. The company operates two bitcoin mining sites located in New York and Pennsylvania.
- CEO
- Paul B. Prager
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Banking
- Employees
- 6
- Headquarters
- Maryland
- Website
- terawulf.com
Earnings
WULF Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$34.0M↓ -1.1%
Diluted EPS-$1.01↑ +531.3%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $13.4M | — | $15.0M | $69.2M | $140.1M | $168.5M |
| Gross profit | $3.9M | — | $4.0M | $37.0M | $69.8M | $66.0M |
| Operating income | -$1.8M | — | -$43.7M | -$29.4M | -$76.2M | -$186.2M |
| Net income | -$439,320.00 | -$95.7M | -$90.8M | -$73.4M | -$72.4M | -$661.4M |
| Diluted EPS | -$0.22 | — | -$0.82 | -$0.35 | -$0.21 | -$1.66 |
| Operating cash flow | -$398,828.00 | — | -$34.1M | $4.3M | -$24.4M | -$123.2M |
| Free cash flow | -$548,744.00 | — | -$95.2M | -$70.9M | -$292.4M | -$1.2B |
| Gross margin | 29.1% | — | 26.3% | 53.5% | 49.8% | 39.2% |
| Operating margin | -13.3% | — | -291.0% | -42.5% | -54.4% | -110.5% |
| Net margin | -3.3% | — | -603.9% | -106.1% | -51.7% | -392.6% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $35.6M | $27.1M | $35.0M | $34.4M | $47.6M | $50.6M | $35.8M | $34.0M |
| Gross profit | $21.7M | $10.8M | $9.3M | $7.0M | — | $29.0M | — | $20.4M |
| Operating income | -$6.8M | -$15.7M | -$51.4M | -$59.6M | -$15.6M | -$24.7M | -$86.3M | -$162.1M |
| Net income | -$10.9M | -$22.7M | -$29.2M | -$61.4M | -$18.4M | -$455.1M | -$126.6M | -$427.6M |
| Diluted EPS | -$0.03 | -$0.06 | -$0.09 | -$0.16 | -$0.05 | -$1.13 | -$0.32 | -$1.01 |
| Operating cash flow | $16.4M | -$20.9M | -$42.7M | $56.5M | -$54.8M | -$36.7M | -$88.2M | -$17.6M |
| Free cash flow | -$30.2M | -$41.7M | -$196.4M | -$37.2M | -$174.8M | -$268.3M | -$703.2M | -$540.5M |
| Gross margin | 60.9% | 40.0% | 26.6% | 20.2% | — | 57.2% | — | 60.1% |
| Operating margin | -19.0% | -58.1% | -147.0% | -173.3% | -32.7% | -48.8% | -240.9% | -476.7% |
| Net margin | -30.6% | -84.0% | -83.5% | -178.5% | -38.6% | -899.7% | -353.2% | -1257.3% |
Company news
Jul 20, 2026
Jul 16, 2026
- 4d agoNebius Sinks 13% as the Neocloud Trade Unravels; How CoreWeave, IREN, and the AI Data Center Stocks Stack Up247wallst.com
- 4d agoIREN Just Collapsed 41% in a Month: Is This Dead Money or an Abandoned Gem?247wallst.com
- 4d agoBank of Nova Scotia discloses 7.7% TeraWulf stake and 5.62% CleanSpark positionblockspace.media
- 4d agoTeraWulf (WULF) Faces New York Data Center Freeze But Existing Projects Stay Onlinefinance.yahoo.com
Jul 15, 2026
- 4d agoTeraWulf’s 410 MW Anthropic deal is just the beginning: co-founder interviewblockspace.media
- 4d agoSPCX Falls Below IPO Price, TeraWulf Co-Founder Interview, Nebius Opens AI Stack to 3rd Party Partnersblockspace.media
- 5d agoWULF Stock Climbs After New York Data-Center Moratorium Jolt — Why Wall Street Sees A Buying Opportunitystocktwits.com
- 5d agoTeraWulf Stock Panics Over New York’s Data-Center Moratorium, but Wall Street Sees a Stealfinance.yahoo.com
- 5d agoThe $3.5 Billion Reason TeraWulf Stock Is in Focus Todaybarchart.com
- 5d agoBernstein Reportedly Says Bitcoin Miners' AI Deals Look Cheap Vs. Data Center REITs – But Not All Are Equalstocktwits.com
- 5d agoRosenblatt reiterated ‘Buy’ rating on WULF with $30 price targetblockspace.media
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
No insider transactions in the last 12 months.
No insider transactions on file.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.