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TERAWULF INC.

WULF

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Financial Statements

Values in Millions ($)
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Subscriber-only column
Nonrelated Party
-88----------
Related Party
-88----------
Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
2,6192,6303,266711902182742410446547
Restricted Cash And Cash Equivalents At Carrying V…
----------00
Intangible Assets Current
---------221
Restricted Cash Current
143196190---0-----
Accounts Receivable Net Current
136141-0-----
Crypto Asset Fair Value Current
010001001-2-
Prepaid Expense Current
18216335233452
Accounts And Other Receivables Net Current
--3855443213
Other Assets Current
131411201011111
Assets Current
2,8072,8673,4787299923028132111546313
Property Plant And Equipment Net
3,6002,5821,508862605510412283272238205181
Equity Method Investments
424435446---079869299106
Goodwill
5555555555-0-----
Operating Lease Right Of Use Asset
1021031041059385861010111111
Finance Lease Right Of Use Asset
-119119120777---0-
Restricted Cash Noncurrent
26626626611-0-----
Deferred Costs
573573573573--0-----
Other Assets Noncurrent
8388999111111
Assets
8,0487,0096,5582,454869841788406480395378312
Liabilities And Stockhold…
Deferred Compensation Share Based Arrangements Lia…
------00003-
Liabilities Current
Accounts Payable Current
1982286562395524208141519
Accrued Employee Benefits Current
--26425---4-
Interest Payable Current
57115537263-----
Long Term Debt Current
--46---00729912376
Other Accrued Liabilities Current
--45466278557
Due To Related Parties Current
-----------1
Other Liabilities Current
--000110111-
Deferred Revenue Current
----1-------
Business Combination Contingent Consideration Liab…
----30-----01
Deferred Rent Credit Current
5057585148320-----
Operating Lease Liability Current
222210000000
Finance Lease Liability Current
-000000---0-
Short Term Borrowings
-99----------
Other Long Term Debt Current
-4446---0-----
Convertible Debt Current
-490490---0-----
Liabilities Current
3,7642,3851,736706151121523292122155108
Deferred Rent Credit Noncurrent
114233642580-----
Operating Lease Liability Noncurrent
21222223113311111
Long Term Debt Noncurrent
-------000048
Finance Lease Liability Noncurrent
-000000---0-
Other Long Term Debt Noncurrent
-3,0603,052---0---0-
Convertible Debt Noncurrent
-1,5971,5831,060489488488---0-
Deferred Income Tax Liabilities Net
000---0-----
Other Liabilities Noncurrent
9481111-0-----
Liabilities
7,9017,0866,4182,2076956715433393123156158
Stockholders Equity
Preferred Stock Value
000999999999
Common Stock Value
100000000000
Additional Paid In Capital
2,6561,4941,2851,256728706685666657532473394
Treasury Stock Common Value
-148-152-152-152-152-152-118---0-
Retained Earnings Accumulated Deficit
-2,361-1,421-994-867-412-394-332-303-280-269-260-249
Stockholders Equity
148-78140247174170244373386272222154
Minority Interest
01----------
Liabilities And Stockholders Equity
8,0487,0096,5582,454869841788406480395378312
Preferred Stock Par Or Stated Value Per Share
0.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.001
Preferred Stock Shares Authorized
000000000000
Preferred Stock Shares Issued
000000000000
Preferred Stock Shares Outstanding
000000000000
Preferred Stock Liquidation Preference Value
000141313131212121111
Common Stock Par Or Stated Value Per Share
0.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.0010.001
Common Stock Shares Authorized
950950950950600600600600600400400400
Common Stock Shares Issued
523450445439415408404383374303277232
Shares Outstanding
499425420439415408386383374303277232
Treasury Stock Common Shares
24242424242419---0-

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
20269.28%10.43%-21.08%---------
202517.28%40.20%71.76%87.87%115.31%172.56%1.40%-10.91%-6.50%-6.91%27.25%37.61%
202437.95%149.11%63.84%12.69%32.93%87.31%-4.81%-27.08%-44.08%-25.89%-18.26%7.08%
2023----28.57%-53.17%-54.37%81.19%91.09%76.24%-12.45%-4.29%32.62%

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Performance and Valuation Metrics

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Metrics
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Liquidity Ratios
Current Ratio
0.75
1.20
2.00
1.03
0.66
1.90
5.43
1.00
1.20
0.45
0.40
0.12
Quick Ratio
0.74
1.19
2.00
1.03
0.64
1.86
5.38
0.90
1.17
0.41
0.38
0.10
Working Capital
-957.37M
482.56M
1.74B
23.25M
-52.19M
109.12M
229.59M
0.00
18.55M
-67.76M
-92.08M
-95.50M
Leverage & Debt
Debt to Equity
53.56
-91.30
45.70
8.92
3.99
3.94
2.22
0.09
0.24
0.45
0.70
1.03
Interest Coverage TTM
-2.11
-2.02
-2.32
-7.24
-12.39
-10.43
-3.85
-1.13
-0.65
-0.58
-0.85
-1.14
Debt Ratio
0.98
1.01
0.98
0.90
0.80
0.80
0.69
0.08
0.19
0.31
0.41
0.51
Efficiency & Turnover
Asset Turnover TTM
0.02
0.03
0.04
0.11
0.21
0.21
0.24
0.36
0.31
0.28
0.20
0.18
Days Sales Outstanding TTM
27.51
15.72
2.03
7.98
2.97
-
1.24
-
-
-
-
-
Receivables Turnover TTM
13.27
23.22
179.68
45.75
122.94
-
294.84
-
-
-
-
-
Per Share Metrics
Diluted EPS TTM
-4.01
-2.43
-1.66
-1.40
-0.34
-0.32
-0.21
-0.14
-0.15
-0.20
-0.35
-0.40
Free Cash Flow Per Share TTM
-5.16
-3.99
-2.98
-1.68
-1.16
-0.80
-0.83
-0.31
-0.29
-0.26
-0.34
-0.27
Dividend Per Share TTM
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Margin Metrics
Gross Profit Margin TTM
46.74%
53.53%
45.46%
48.01%
43.83%
44.89%
55.30%
59.55%
62.14%
63.33%
60.54%
57.37%
Operating Profit Margin TTM
-433.80%
-221.86%
-122.87%
-94.33%
-98.80%
-101.14%
-54.42%
-22.95%
-19.49%
-22.49%
-42.50%
-68.71%
Net Profit Margin TTM
-2,045.40%
-789.63%
-436.42%
-351.46%
-91.21%
-94.09%
-51.71%
-42.74%
-42.60%
-57.52%
-107.61%
-158.29%
Growth Metrics
Net Revenue Growth (1Y)
-33.83%
-1.43%
8.21%
24.97%
19.82%
31.85%
102.30%
131.22%
197.49%
280.01%
360.51%
915.57%
Net Income Growth (1Y)
1,383.80%
727.25%
813.33%
927.71%
156.59%
115.69%
-2.79%
-37.57%
-50.15%
-41.90%
-17.95%
-41.21%
EPS Growth (1Y)
1,081.87%
649.31%
706.99%
877.88%
125.93%
63.60%
-41.90%
-63.77%
-69.21%
-67.01%
-56.76%
-71.14%
Valuation Metrics
P/E TTM
-6.15
-5.94
-6.91
-8.13
-12.89
-8.42
-27.46
-32.60
-29.60
-13.27
-6.76
-3.18
P/B TTM
81.32
-78.64
32.53
18.54
9.72
6.14
8.13
4.80
3.92
2.81
2.26
1.81
P/S TTM
125.84
46.90
30.14
28.59
11.76
7.92
14.20
13.93
12.61
7.63
7.28
5.03
Market Cap
12.00B
6.10B
4.57B
4.59B
1.69B
1.05B
1.99B
1.79B
1.52B
764.29M
503.90M
279.37M
Enterprise Value
8.97B
5.20B
3.99B
4.93B
2.09B
1.32B
2.38B
1.76B
1.48B
817.87M
604.80M
397.70M
Calculated Values
Free Cash Flow TTM
-2.50B
-1.69B
-1.18B
-676.57M
-449.96M
-305.43M
-292.36M
-118.89M
-100.26M
-76.34M
-70.91M
-59.65M
Net Debt
-3.03B
-906.26M
-581.28M
347.71M
397.59M
270.24M
387.60M
-23.94M
-31.77M
53.58M
100.90M
118.33M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
PEG Ratio
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
EV Revenue TTM
EV FCF TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-05-27Sale
Owner: Prager, Paul B.
Title: Chief Executive Officer
Shares: 166,650
Price/Share: $26.08
Value: $4,346,232.00
Shares Owned: 4,082,552
Relationship: Director,Officer
Ownership: Indirect
2026-04-28Sale
Owner: Prager, Paul B.
Title: Chief Executive Officer
Shares: 79,200
Price/Share: $20.96
Value: $1,660,032.00
Shares Owned: 884,320
Relationship: Director,Officer
Ownership: Direct
2026-04-24Sale
Owner: Khan, Nazar M.
Title: Chief Technology Officer
Shares: 452,152
Price/Share: -
Value: -
Shares Owned: 738,626
Relationship: Director,Officer
Ownership: Direct
2026-03-25Sale
Owner: Prager, Paul B.
Title: Chief Executive Officer
Shares: 137,500
Price/Share: $17.28
Value: $2,376,000.00
Shares Owned: 216,700
Relationship: Director,Officer
Ownership: Direct
2026-03-20Purchase
Owner: Bucella, Michael C.
Title: -
Shares: 1,665
Price/Share: $15.04
Value: $25,041.60
Shares Owned: 280,052
Relationship: Director
Ownership: Direct

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Institutional Ownership

No data available for chart
2026-03-31
72.03%
Inst. Shares: 304,679,883
Shares Outstanding: 422,999,671
2025-12-31
72.00%
Inst. Shares: 286,283,724
Shares Outstanding: 397,608,216
2025-09-30
62.88%
Inst. Shares: 252,486,708
Shares Outstanding: 401,559,291
2025-06-30
50.92%
Inst. Shares: 197,017,415
Shares Outstanding: 386,895,095
2025-03-31
47.75%
Inst. Shares: 182,935,927
Shares Outstanding: 383,149,511

TERAWULF INC. (WULF) — SEC Financial Statements & Analysis

TERAWULF INC. (WULF) is a finance services company, incorporated in DE. TERAWULF INC. trades on Nasdaq as: WULF. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), TERAWULF INC. reported a -33.83% year-over-year revenue growth, a Gross Profit Margin of 46.74% (TTM), a Debt-to-Equity ratio of 53.56x, a Price-to-Sales (P/S) ratio of 125.84x (TTM), a Price-to-Book (P/B) ratio of 81.32x (TTM), at a market cap of $12.00B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
-33.83%
Gross Profit Margin TTM
46.74%
Debt To Equity
53.56x
P/S TTM
125.84x
P/B TTM
81.32x
Market Cap
$12.00B

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is TERAWULF INC. in?

TERAWULF INC. (WULF) operates in the Finance Services industry.

What is WULF's market cap?

TERAWULF INC. (WULF) has a market capitalization of $12.00B as of 2026-06-30.

What exchange does WULF trade on?

TERAWULF INC. (WULF) trades on the Nasdaq.

Where is TERAWULF INC. incorporated?

TERAWULF INC. is incorporated in DE.

Wall Street's data.
Main Street's price.