TeraWulf Inc.

TeraWulf Inc.

WULF
TeraWulf Inc.US flagNASDAQ Capital Market
26.49
USD
+0.83
- -
13.13BMarket Cap
TeraWulf Inc.
WULF
(NASDAQ Capital Market)

Recent

price

26.16

P/E

ratio

- -

div

yld

- -

ROIC.AI

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

APIChat
  • TeraWulf: Why I Am Doubling Down At 1-Year Highs

  • Terawulf CEO on demand in AI infrastructure

  • TeraWulf Bets on Power Infrastructure to Lead AI Build-Out

  • Strategy vs. TeraWulf: Which Bitcoin Stock Is a Safe Investment Bet?

  • Why TeraWulf Stock Raced More Than 10% Higher Today

  • TeraWulf Stock Jumps After Acquiring 1 GW Kentucky AI Campus

  • TeraWulf Expands Infrastructure Platform with Acquisition of 1+ GW Eastern Kentucky HPC Campus

  • Forget Nvidia: IREN CEO Says A New AI Factory Built Today May Not Go Live Until 2030

  • Bitcoin Miners That Got Into AI Have Soaring Stocks. These Experts See More Gains Ahead

  • TeraWulf Soars To New 4Y Highs, Driven By AI/Power Exuberance

  • TeraWulf Q1 Loss Wider Than Expected, Revenues Decrease Y/Y

  • TeraWulf Posts Q1 Strength: Analysts Remain Bullish On HPC Strength

  • TeraWulf: Entering Execution Phase

  • TeraWulf Q1 Earnings Call Highlights

  • TeraWulf Inc. (WULF) Q1 2026 Earnings Call Transcript

  • TeraWulf Inc. (WULF) Reports Q1 Loss, Tops Revenue Estimates

  • TeraWulf Earnings Disappoint. But the Stock Is Rising on AI Momentum.

  • TeraWulf Reports First Quarter 2026 Results

  • How TeraWulf Stock Gained 50% In April

  • TeraWulf Gears Up to Report Q1 Earnings: What's in Store?