TeraWulf Inc.

TeraWulf Inc.

WULF
TeraWulf Inc.US flagNASDAQ
18.16
USD
+0.18
- -
9.00BMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.14
0.33
0.4
0.42
0.42
Basic EPS, GAAP
- -
-0.83
-0.35
-0.21
-1.66
-2.54
Free Cash Flow per Basic Share
- -
-0.97
-0.34
-0.83
-2.98
-4.18
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-1.68
-1.24
-0.94
-2.5
-3.52
Tangible Book Value per Share
- -
0.98
1.02
0.67
0.21
-0.33
Basic Weighted Avg Shares
- -
111
210
351
398
404
Sales/Revenue/Turnover
- -
15
69
140
168
168
Operating Margin (%)
- -
-285.09
-40.94
-43.26
-101.1
-147.04
Depreciation Expense
- -
7
29
61
93
107
Net Income, GAAP
- -
-91
-73
-72
-661
-1,028
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
-603.94
-106.06
-51.71
-392.64
-611.46
Working Capital
5
-112
-92
230
1,742
483
LT Debt
- -
74
1
491
4,658
4,680
Total Equity
28
118
222
244
140
-78
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2
538
635
LT Borrowings
1,060
4,635
4,657
LT Finance Leases
23
23
22
Preferred Equity and Hybrid Capital
9
- -
- -
Shares Outstanding
415
420
425
Market Capitalization
4,460
4,487
5,827

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
729
3,478
2,867
Cash, Cash Equivalents & STI
711
3,266
2,630
Accounts Receivable, Net
4
1
6
Inventories
- -
- -
- -
Total Current Liabilities
706
1,736
2,385
Payables & Accruals
179
293
545
ST Debt
2
538
635
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-42.55%
Free Cash Flow
- -
- -
304.76%
Net Income, GAAP
- -
- -
813.33%
Sales/Revenue/Turnover
- -
- -
20.28%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
42
36
27
35
140
2025
34
48
51
36
168
2026
34
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.03
-0.03
-0.06
- -
-0.21
2025
-0.16
-0.05
-1.13
- -
-1.66
2026
-1.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Paul Prager
Full Time Employees
141
Sector
Technology
Industry
Software - Application
Address
9 Federal Street Easton MD United States of America 21601
IPO Date
Apr 5, 1994
Business
TeraWulf Inc. TeraWulf Inc. (NASDAQ: WULF), founded in 2021 and headquartered in Easton, Maryland, develops, owns and operates environmentally sustainable, industrial-scale digital infrastructure facilities in the United States, purpose-built for bitcoin mining and high-performance computing (HPC) hosting powered predominantly by low-cost, zero-carbon energy sources including nuclear, hydro and solar. The company provides proprietary bitcoin mining through its WULF Mining subsidiary, utilizing fleets of application-specific integrated circuit miners at facilities such as the Lake Mariner campus in Western New York, which supports up to 500 megawatts (MW) of scalable capacity; HPC colocation and hosting services via WULF Compute for GPU-based workloads, artificial intelligence, machine learning and cloud computing applications; and hash computation services to mining pool operators for bitcoin network transaction validation, with additional capabilities in power generation assets, electrical infrastructure development and ancillary grid services. TeraWulf operates primarily in New York and Pennsylvania, with expansion into Texas through joint ventures, targeting enterprise, hyperscale and digital asset customers seeking energy-efficient compute solutions. In 2025, the company executed transformational growth initiatives, including over 520 MW of long-term HPC leases at Lake Mariner with Core42 and Fluidstack backed by Google credit enhancements totaling more than $17 billion in contracted revenue; formation of the Abernathy Joint Venture in Texas via subsidiary Big Country Wulf LLC, securing up to 51% controlling interest in a 240 MW initial HPC campus expandable to 600 MW under a 25-year Fluidstack lease supported by $1.3 billion Google backing; completion of over $5 billion in financings comprising $1.0 billion 1.00% Convertible Notes due 2031, $3.2 billion 7.75% Senior Secured Notes due 2030 and $1.025 billion 0.00% Convertible Notes due 2032 to fund expansions; an 80-year lease at the Cayuga site in Lansing, New York, for HPC deployment starting 2027; and a target of 250-500 MW annual new HPC contracted capacity.

Company News

APIChatGPT
  • Bitcoin Miners Cash In as AI Hits a Power Bottleneck

  • TeraWulf Stock Panics Over New York's Data-Center Moratorium, but Wall Street Sees a Steal

  • Why These Cheap Artificial Intelligence (AI) Stocks Are Still a Buy Despite the Selloff

  • Applied Digital vs. TeraWulf: Which Neocloud Stock Is the Better Buy?

  • TeraWulf, Anthropic deal projected to generate $19 BILLION

  • Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

  • TeraWulf's Hidden Capacity Advantage: Why It Could Outrun Core Scientific

  • MARA Is Up 19% Today: Is It Outperforming Other Crypto Stocks Like Riot and CleanSpark?

  • TeraWulf Rises 12%, IREN Climbs 7% as AI-Infrastructure Stocks Bounce Back

  • TeraWulf's Rough Week: Meta's Cloud Push, DeepSeek Chips and Crypto's Drop Overshadow Anthropic Deal

  • Stock Market Today, July 7: TeraWulf Pulls Back After Anthropic Lease Draws Focus to AI Buildout

  • TeraWulf CEO Excited About Anthropic Data Center Agreement

  • TeraWulf Drops 8% Even as Analysts Raise Price Targets on $19B Anthropic Deal, IREN Falls 7%, Applied Digital Slides 6%

  • How TeraWulf's Anthropic Deal Booted Up a $19B AI Empire

  • Why TeraWulf, IREN, and Other Data Center Stocks Jumped Today

  • Is AI Cracking – or About to Break Out?

  • Stock Market Today, July 6: TeraWulf Gains on $19 Billion Anthropic AI Lease Deal

  • TeraWulf Stock Is Up 95% This Year: Here's Why

  • Terawulf Stock Surges After Kentucky Data Center Deal With Anthropic

  • TeraWulf shares surge on $19B Anthropic AI infrastructure lease deal