SequelSEC

TERAWULF INC. WULF

Finance Services · CIK 0001083301 · Fiscal year ends 1231 · Bank

AnnualQuarterlyTTM
Revenue
$44.77M
Fiscal year ended 2026-06-30
Net income
-$939.92M
Fiscal year ended 2026-06-30
Total assets
$8.05B
Fiscal year ended 2026-06-30

TERAWULF INC. (WULF) reported revenue of $44.77M and net income of -$939.92M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from TERAWULF INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Finance Services.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

TERAWULF INC. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Revenue$44.77M$34.01M$35.84M$50.58M$47.64M$34.40M$34.98M$27.06M$35.57M$42.43M
Cost of revenueUnavailableUnavailable$18.89MUnavailableUnavailableUnavailable$19.62MUnavailable$13.92M$14.41M
Gross profitUnavailableUnavailable$8.10MUnavailableUnavailableUnavailable$12.64MUnavailable$21.66M$28.02M
Operating income-$140.45M-$162.14M-$86.32M-$24.67M-$15.59M-$59.63M-$51.42M-$15.71M-$6.76M-$2.32M
Net income-$939.92M-$427.63M-$126.58M-$455.05M-$18.37M-$61.42M-$29.20M-$22.73M-$10.88M-$9.61M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 485.73Mshares 423.00MUnavailableshares 401.56Mshares 386.90Mshares 383.15MUnavailableshares 382.09Mshares 340.66Mshares 290.60M
Pretax income-$929.74M-$416.13M-$122.37M-$455.05M-$18.37M-$61.42M-$51.80M-$20.05M-$11.64M-$14.89M
Income tax expense$28.00K$28.00K$76.00K$0$0$0$0$0$0$0
Diluted EPS$-1.94$-1.01Unavailable$-1.13$-0.05$-0.16Unavailable$-0.06$-0.03$-0.03
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

TERAWULF INC. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Cash & equivalents$2.62B$2.63B$3.27B$711.32M$89.99M$218.16M$274.06M$23.94M$104.11M$45.82M
Total assets$8.05B$7.01B$6.56B$2.45B$869.41M$841.16M$787.51M$405.90M$479.57M$395.39M
Current assets$2.81B$2.87B$3.48B$729.10M$99.12M$230.05M$281.43M$32.42M$110.96M$54.36M
Total liabilities$7.90B$7.09B$6.42B$2.21B$695.08M$670.79M$543.07M$33.27M$93.33M$123.04M
Current liabilities$3.76B$2.38B$1.74B$705.85M$151.30M$120.93M$51.84M$32.42M$92.42M$122.11M
Total equity incl. NCI$147.53M-$77.62M$140.44M$247.34M$174.33M$170.38M$244.44M$372.63M$386.24M$272.34M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$13.20M$5.60M$1.21M$3.51M$1.17MUnavailable$475.00KUnavailableUnavailableUnavailable
Goodwill$55.46M$55.46M$55.46M$55.46M$55.46MUnavailable$0UnavailableUnavailableUnavailable
Long-term debtUnavailable$3.06B$3.05BUnavailableUnavailableUnavailable$0$0$38.00K$47.00K
Accounts payable$197.81M$227.60M$65.14M$62.28M$38.83M$54.90M$24.38M$19.77M$8.40M$14.31M

Cash flow

TERAWULF INC. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Operating cash flow-$136.71M-$17.59M-$88.17M-$36.69M-$54.81M$56.49M-$42.72M-$20.92M$16.38M$22.85M
Capital expenditures$855.56M$522.95M$614.99M$231.57M$119.94M$93.69M$153.63M$20.73M$46.60M$46.98M
Investing cash flow-$892.89M-$712.82M-$1.04B-$200.23M-$71.03M-$61.06M-$8.76M$11.18M-$46.60M-$46.98M
Financing cash flow$965.47M$100.38M$4.13B$858.25M-$902.00K-$51.33M$301.61M-$70.43M$88.50M$15.52M
Net change in cash-$64.14M-$630.03M$3.01B$621.34M-$126.74M-$55.90M$250.13M-$80.17M$58.28M-$8.62M
Stock-based compensation$83.94M$101.42M$6.59M$4.34M$1.30M$38.67M$16.75M$2.41M$4.84M$6.93M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchases$0$0$0$0$0$33.29M$118.22M$0$0$0
Depreciation & amortizationUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Derived

TERAWULF INC. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Free cash flow-$992.27M-$540.54M-$703.16M-$268.26M-$174.75M-$37.20M-$196.36M-$41.65M-$30.22M-$24.13M
Gross marginUnavailableUnavailable22.6%UnavailableUnavailableUnavailable36.1%UnavailableUnavailableUnavailable
Operating margin-313.7%-476.7%-240.9%-48.8%-32.7%-173.3%-147.0%-58.1%-19.0%-5.5%
FCF margin-2216.5%-1589.3%-1962.2%-530.4%-366.8%-108.1%-561.3%-153.9%-84.9%-56.9%
SBC / revenue187.5%298.2%18.4%8.6%2.7%112.4%47.9%8.9%13.6%16.3%
Current ratio0.75x1.20x2.00x1.03x0.66x1.90x5.43x1.00x1.20x0.45x
Revenue YoY growth-6.0%-1.1%2.4%86.9%33.9%-18.9%50.2%42.8%130.2%267.9%
Net margin-2099.6%-1257.3%-353.2%-899.7%-38.6%-178.5%-83.5%-84.0%-30.6%-22.7%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue1911.1%1537.6%1716.1%457.8%251.8%272.3%439.1%76.6%131.0%110.7%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open WULF in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-05View SEC filing
10-Q · Filed 2026-05-08View SEC filing
10-K · Filed 2026-02-27View SEC filing
10-Q · Filed 2025-11-10View SEC filing
10-Q · Filed 2025-08-08View SEC filing
10-Q · Filed 2025-05-09View SEC filing

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Reconciliation checks needing review

6 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

gross profit bridgeinconsistent2026-06-30

Withheld: cost revenue could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2026-03-31

Withheld: cost revenue could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2025-09-30

Withheld: cost revenue could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2025-06-30

Withheld: cost revenue could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2025-03-31

Withheld: cost revenue could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2024-09-30

Withheld: cost revenue could not be reconciled with the rest of this filer’s statement.