WULF
TeraWulf Inc.
NASDAQ · Financial Services · Financial - Capital Markets · US
$16.51
+1.73%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 165.2M | 168.5M | 140.1M | 69.2M | 15.0M |
| Cost of Revenue | 50.8M | 82.7M | 62.6M | 27.3M | 11.1M |
| Gross Profit | 114.4M | 85.8M | 77.4M | 41.9M | 4.0M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 323.5M | 147.8M | 70.6M | 41.9M | 36.0M |
| General & Admin Expense | — | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 167.9M | 108.3M | 83.1M | 29.4M | 11.6M |
| Total Operating Expenses | 491.4M | 256.1M | 153.7M | 71.3M | 47.7M |
| Cost and Expenses | 541.4M | 338.8M | 216.3M | 98.7M | 58.8M |
| Operating Income (EBIT) | (377.4M) | (170.3M) | (76.2M) | (29.4M) | (43.7M) |
| Non-Operating | |||||
| Interest Income | 62.5M | — | — | — | — |
| Interest Expense | 195.6M | 80.2M | 19.8M | 34.8M | 24.7M |
| Net Interest Income | (133.2M) | (80.2M) | (19.8M) | (34.8M) | (24.7M) |
| Other Non-Op Income/Expense | (1.6B) | (491.0M) | (22.2M) | (43.9M) | (42.4M) |
| Non-Operating Income (excl Interest) | 614.3M | 406.7M | 2.4M | (231.0K) | 2.1M |
| EBT (Pre-Tax Income) | (2.0B) | (661.3M) | (98.4M) | (73.3M) | (86.2M) |
| Income Tax Expense | 76.0K | 76.0K | (26.0M) | — | (256.0K) |
| Bottom Line | |||||
| Net Income | (1.9B) | (661.4M) | (72.4M) | (73.4M) | (90.8M) |
| Earnings from Cont. Ops | (2.0B) | (661.4M) | (72.4M) | (73.3M) | (85.9M) |
| Earnings from Discont. Ops | — | — | — | (129.0K) | (4.9M) |
| Bottom Line Net Income | (1.9B) | (661.4M) | (72.4M) | (74.5M) | (90.8M) |
| Per Share | |||||
| Basic EPS | ($4.40) | ($1.66) | ($0.21) | ($0.35) | ($0.83) |
| Diluted EPS | ($4.40) | ($1.66) | ($0.21) | ($0.35) | ($0.83) |
| Revenue Per Share | $0.34 | $0.42 | $0.40 | $0.33 | $0.14 |
| Shares | |||||
| Basic Shares Outstanding | 485.7M | 397.6M | 351.3M | 210.0M | 110.6M |
| Diluted Shares Outstanding | 485.7M | 397.6M | 351.3M | 210.0M | 110.6M |
| Profitability Metrics | |||||
| EBITDA | (882.8M) | (483.9M) | (17.4M) | 161.0K | (38.8M) |
| D&A | 110.7M | 93.1M | 61.2M | 29.4M | 7.0M |
| EBIT | (993.5M) | (577.0M) | (78.6M) | (29.2M) | (45.8M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026