TeraWulf Inc. Common Stock (WULF) Financials
Key financial figures for TeraWulf Inc. Common Stock (Q3 2026).
TeraWulf Q3 2026 revenue of $76.2M, with HPC lease revenue of $63.0M (about 83% of the total); Adjusted EBITDA was $(12.8)M and GAAP net income of $709.9M reflected a non-cash warrant fair value gain. Revenue was $76.2M versus $50.6M a year earlier: HPC lease revenue $63.0M (up from $7.2M) and digital asset revenue $13.2M (down from $43.4M). GAAP operating loss was $(88.2)M versus $(24.7)M a year earlier. Net income attributable to TeraWulf was $709.9M, driven by a $728.4M non-cash gain on the change in fair value of warrant and derivative liabilities and a $95.0M gain on the sale of the Abernathy joint venture interest; diluted EPS was $(0.03) versus basic EPS of $1.42. Non-GAAP Adjusted EBITDA was $(12.8)M versus $18.1M a year earlier. On the outlook: The press release carried no quantitative financial guidance. It reaffirmed the target of contracting 250 MW to 500 MW of incremental critical IT capacity annually, kept the WULF Compute cost guidance of $8 million to $10 million per critical IT MW, and said CB-4 remains on track for phased delivery and rent commencement during the fourth quarter of 2026. Figures are for Q3 2026, as TeraWulf Inc. reported them.
- Revenue
- $76M
- Net Income
- $0
- EPS
- $0.00
- Total Assets
- $8.2B
- Operating Cash Flow
- $172M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $76M | $0 | $0.00 | -7.53% | |
| Q2 FY2026 | $45M | -$940M | -$1.94 | -313.74% | -$992M |
| Q1 FY2026 | $34M | -$428M | -$1.01 | -401.17% | -$541M |
| Q4 FY2025 | $36M | -$127M | -$0.32 | -241.75% | -$703M |
| Q3 FY2025 | $51M | -$455M | -$1.13 | -27.46% | -$268M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $168M | -$661M | -$1.66 | -101.1% | -$1.2B |
| FY2024 | $140M | -$72M | -$0.21 | -54.42% | -$292M |
| FY2023 | $69M | -$73M | -$0.35 | -42.5% | -$71M |
Frequently asked questions
What was TeraWulf Inc.'s revenue last quarter?
TeraWulf Inc. reported revenue of $76.2 million for Q3 FY2026, up 50.7% from the same period a year earlier.
Is TeraWulf Inc. profitable?
Not in its most recent reported period. TeraWulf Inc. reported a net loss of $0.00 for Q3 FY2026, a net margin of 0% on revenue.
How has TeraWulf Inc.'s margin trended?
Operating margin was -7.53% in Q3 FY2026, compared with -27.46% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How many quarters of TeraWulf Inc. financials does SentiSense hold?
SentiSense holds up to forty quarters and twenty fiscal years of income statement, balance sheet and cash flow history for WULF. The 5 most recent quarters are summarised above.
Full income statement, balance sheet and cash flow for TeraWulf Inc. Common Stock on SentiSense, with up to forty quarters and twenty fiscal years of history.