WULF
TeraWulf Inc.
Stock
$15.49+0.58 (+3.89%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $165M | $168M | $140M | $69M | $15M | $13M | $18M | $18M | $17M |
| Cost of revenue | $99M | $102M | $70M | $32M | $11M | $9.5M | $12M | $12M | $12M |
| Gross profit | $66M | $66M | $70M | $37M | $4.0M | $3.9M | $5.4M | $6.3M | $5.7M |
| R&D | — | — | — | — | — | $671K | $870K | $677K | $689K |
| SG&A | — | — | — | — | $23M | $5.0M | $5.5M | $5.4M | $5.5M |
| Other operating expenses | — | — | — | — | $25M | — | — | — | — |
| Operating income | −$414M | −$186M | −$76M | −$29M | −$44M | −$1.8M | −$957K | $226K | −$465K |
| Non-operating income | −$1.5B | −$475M | $3.8M | −$44M | −$42M | $1.1M | −$29K | −$40K | −$60K |
| Pretax income | −$1.9B | −$661M | −$72M | −$73M | −$86M | −$649K | −$986K | $185K | −$524K |
| Taxes | $26M | $76K | $1K | $2K | $4.6M | −$210K | −$172K | $46K | −$298K |
| Net income | −$1.9B | −$661M | −$72M | −$73M | −$91M | −$439K | −$814K | $139K | −$226K |
| Diluted EPS | −$4.38 | −$1.66 | −$0.21 | −$0.35 | −$0.82 | −$0.22 | −$0.41 | $0.07 | −$0.11 |
| Diluted shares | — | 397.6M | 351.3M | 210.0M | 110.6M | 2.0M | 2.0M | 2.0M | 2.0M |
| Revenue growth | — | +20.3% | +102.3% | +360.5% | — | −23.8% | −3.3% | +5.6% | — |
| Gross margin | 40.2% | 39.2% | 49.8% | 53.5% | 26.3% | 29.1% | 30.6% | 34.3% | 33.2% |
| Operating margin | −250.4% | −110.5% | −54.4% | −42.5% | −291.0% | −13.3% | −5.4% | 1.2% | −2.7% |
| Net margin | −1,179.9% | −392.6% | −51.7% | −106.1% | −603.9% | −3.3% | −4.6% | 0.8% | −1.3% |