What are TeraWulf's total assets?

TeraWulf (WULF) holds $7.0B in total assets, up 733.2% year over year.

How much debt does TeraWulf have?

TeraWulf carries $3.7B in total debt against -$78.8M of shareholders' equity, a debt-to-equity ratio of 25.40.

How much cash does TeraWulf have?

TeraWulf holds $3.1B in cash and equivalents.

Can TeraWulf cover its short-term obligations?

Its current ratio is 1.20 — current assets exceed current liabilities.

Where does TeraWulf's balance sheet data come from?

Every line is extracted from TeraWulf's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

TeraWulf WULF Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$3.09B+1,318%	$3.72B+1,258%	$712.75M+2,878%	$91.42M-12.2%	$218.16M+376%
Restricted cash	$196.28M—	$189.93M—	$1.44M—	$1.43M—	——
Accounts receivable, net	$5.6M+9.9%	$3.4M-10.6%	$8.41M+91.9%	$4.52M+77.1%	$5.1M+206%
Total current assets	$2.87B+1,146%	$3.48B+1,136%	$729.1M+2,149%	$99.12M-10.7%	$230.05M+323%
Property and equipment, net	$2.58B+406%	$1.51B+266%	$861.78M+204%	$604.76M+122%	$509.89M+114%
Accumulated depreciation	$130.91M+60.3%	$131.75M+99.4%	$104.26M+31.0%	$91.11M—	$81.65M—
Operating lease right-of-use assets	6.5%—	10,397,500,000%+1,807,700,000%	——	6.2%-1,043,999,994%	——
Goodwill	$55.46M—	$55.46M—	$55.46M—	$55.46M—	——
Deferred tax assets	$104K—	$76K—	——	——	$0—
Other non-current assets	$1.03B+11,690%	$8.09M+687%	$308M+43,280%	$8.8M+1,509%	$8.73M+1,389%
Equity method investments	$434.79M—	$446.01M—	——	——	——
Total investments	$393.82M—	$170.34M—	$159.4M—	——	——
Total assets	$7.01B+733%	$6.56B+733%	$2.45B+505%	$869.41M+81.3%	$841.16M+113%
Accounts payable	$227.6M+315%	$65.14M+167%	$62.28M+215%	$38.83M+362%	$54.9M+284%
Current portion of long-term debt	$98.57M+4,928,550%	$0—	$2K—	$2K-100.0%	$2K-100.0%
Operating lease liabilities, current	$2.07M+7,842%	$2.02M+7,960%	$1.99M+3,660%	$616K+1,108%	$26K-46.9%
Finance Lease Liability, Current	$2K0.0%	$2K0.0%	$2K—	$2K—	$2K—
Short-term borrowings	$490.35M—	$489.77M—	——	$0—	$0—
Accrued interest	$114.83M+1,815%	$52.78M+1,962%	$6.87M—	$2.29M—	$6M—
Total current liabilities	$2.38B+1,872%	$1.74B+3,248%	$705.85M+2,078%	$151.3M+63.7%	$120.93M-1.0%
Long-term debt	$3.06B+792%	$3.05B—	——	$426.6M+1,122,532%	$343M+729,687%
Operating lease liabilities, non-current	$21.76M+536%	$22.31M+551%	$22.81M+2,556%	$11.26M+1,189%	$3.42M+286%
Finance Lease Liabilities (Total)	$291K-0.7%	$291K-1.0%	$292K—	$292K—	$293K—
Operating Lease Liabilities (Total)	$23.83M+591%	$24.32M+605%	$24.81M+2,620%	$11.87M+1,185%	$3.45M+269%
Finance lease liabilities	$289K-0.7%	$289K-1.0%	$290K—	$290K—	$291K—
Asset retirement obligations	$9.8M—	——	——	——	——
Other non-current liabilities	$7.89M—	$902K—	$10.88M—	$1.23M—	——
Total liabilities	$7.09B+956%	$6.42B+1,082%	$2.21B+6,533%	$695.08M+645%	$670.79M+445%
Preferred stock	$0-100%	$0-100%	$9.27M-0.1%	$9.27M0.0%	$9.27M0.0%
Common stock	950M+58.3%	950M+235,049%	950M+58.3%	600M0.0%	600M+197,920%
Additional paid-in capital	$1.49B+112%	$1.29B+87.5%	$1.26B+88.6%	$728.22M+10.8%	$705.9M+32.6%
Retained earnings	-$1.42B-261%	-$993.69M-199%	-$867.11M-186%	-$412.06M-47.0%	-$393.69M-46.1%
Treasury stock	$151.51M0.0%	$151.51M+28.2%	$151.51M—	$151.51M—	$151.51M—
Noncontrolling interests	$1.15M—	$0—	——	——	——
Total stockholders' equity	-$78.77M-146%	$140.45M-42.5%	$247.34M-33.6%	$174.33M-54.9%	$170.38M-37.4%
Total liabilities and stockholders' equity	$7.01B+733%	$6.56B+733%	$2.45B+505%	$869.41M+81.3%	$841.16M+113%
Digital assets	$1.24M-11.6%	$270K-43.3%	$492K+65.7%	$0-100%	$1.4M—
Other current assets	$13.74M+2,248%	$14.2M+11,442%	$2.43M+244%	$487K-3.6%	$585K-33.0%
Digital Assets	$1.24M-11.6%	$270K-43.3%	$492K—	$0—	$1.4M—
Digital Assets, Net	$1.24M-13.6%	$269K-43.6%	$481K—	$0—	$1.44M—
Operating Lease Income - 2022 (Lessor)	$55.15M—	——	$14.42M—	——	——
Operating Lease Income - 2025 (Lessor)	$105.4M—	——	$31.5M—	——	——
Operating Lease Receivables (Current)	$1.03B—	——	$308M—	——	——
Accumulated Depreciation on Operating Lease Assets (Lessor)	$5.27M—	$2.66M—	$879K—	——	——
Accumulated Goodwill Impairment Losses	$0—	$0—	$0—	$0—	——
Deferred Tax Assets and Other Non-Current Assets	$8.26M-5.4%	$8.09M+687%	$8.56M+1,105%	$8.8M+1,509%	$8.73M+1,389%
Net Investment in Lease	$393.82M+362%	$170.34M—	$159.4M+1,465%	$92.74M+788%	$85.3M+698%
Crypto assets held for investment	$1.24M-13.6%	$269K-43.6%	$481K—	$0—	$1.44M—
Crypto Asset, Fair Value	$1.24M-11.6%	$270K-43.3%	$492K—	$0—	$1.4M—
Deferred contract costs	$572.77M—	$572.89M—	$572.94M—	——	——
Operating lease right-of-use assets	$102.87M+20.6%	$103.98M+21.0%	$105.07M+931%	$92.74M+788%	$85.3M+698%
Other non-current assets	$8.26M-5.4%	$8.09M+687%	$8.56M+1,105%	$8.8M+1,509%	$8.73M+1,389%
Property, plant and equipment at cost	$2.71B+359%	$1.64B+243%	$966.04M+166%	$695.87M—	$591.53M—
Operating Lease Income - 2026 (Lessor)	$97.85M—	——	$22.44M—	——	——
Operating Lease Income - 2027 (Lessor)	$102.33M—	——	$30.59M—	——	——
Operating Lease Income - 2028 (Lessor)	$105.4M—	——	$31.5M—	——	——
Operating Lease Right-of-Use Assets in Other Assets	$102.87M+20.6%	$103.98M+21.0%	$105.07M+931%	$92.74M+788%	$85.3M+698%
Software and Technology Licenses, Net	$8.26M-5.4%	$8.09M+687%	$8.56M+1,105%	$8.8M+1,509%	$8.73M+1,389%
Commercial Paper Outstanding	——	——	——	$1.4M—	——
Convertible Debt - Current	$1.6B+227%	$1.58B+225%	——	$488.72M—	$488.11M—
Debt, current	$490.35M—	$489.77M—	——	$0—	$0—
Accrued construction liabilities	$201.78M+933%	$102.58M+521%	$51.97M+931%	$20.93M+590%	$19.53M+1,982%
Other Long Term Debt Current	$43.56M—	$46.32M—	——	——	——
Warrant liabilities	$1.06B—	$844.7M—	$467.95M—	——	——
Deferred Rent Credit	$14.04M-75.8%	$23.29M—	$35.5M—	$42.28M—	$58.04M—
Finance Lease Liability Payment Due	$740K-2.9%	——	$751K—	$756K—	$762K—
Finance Lease Liability - Undiscounted Excess Amount	$449K-4.3%	——	$459K—	$464K—	$469K—
Lease Liability Payments - 2020 (Remaining Three Months)	$2.65M+1,264%	——	$881K+2,049%	$697K—	$194K—
Lease Liability Payments - 2021	$22K0.0%	——	$22K—	$22K—	$22K—
Operating Lease Liability Payments - 2024 (Lessee)	$3.56M+1,274%	——	$3.54M+2,073%	$1.42M—	$259K—
Operating Lease Liability Payments - 2025 (Lessee)	$3.7M+1,330%	——	$3.61M+2,116%	$1.45M—	$259K—
Lease Liability Payments - Due Year Two	$22K0.0%	——	$22K-86.5%	$22K—	$22K—
Lease Liability Payments - Due Year Three	$3.61M+1,295%	——	$3.56M+2,083%	$1.44M—	$259K—
Lease Liability Payments - Due Year Four	$3.7M+1,330%	——	$3.61M+2,116%	$1.45M—	$259K—
Lease Liability Payments - Remainder of Fiscal Year	$17K0.0%	——	$6K-96.3%	$11K—	$17K—
Operating Lease Liability Payments Due	$34.9M+290%	——	$36.66M+2,228%	$20.68M—	$8.95M—
Operating Lease Liability - Undiscounted Excess Amount	$11.08M+101%	——	$11.86M+1,688%	$8.81M—	$5.51M—
Convertible Debt (Non-Current)	$1.6B+227%	$1.58B+225%	$1.06B—	$488.72M—	$488.11M—
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$1.43M—	$0—	——	——	——
Operating Lease Liability Payments - 2026 (Lessee)	$3.61M+1,295%	——	$3.56M+2,083%	$1.44M—	$259K—
Operating Lease Liability Payments - 2027 (Lessee)	$3.61M+1,295%	——	$3.56M+2,083%	$1.44M—	$259K—
Operating Lease Liability Payments - 2028 (Lessee)	$3.7M+1,330%	——	$3.61M+2,116%	$1.45M—	$259K—
Total debt	$3.67B+959%	$3.57B+95,111%	$25.1M+2,652%	$438.77M+499%	$346.74M+246%
Unrecognized Tax Benefits	$0—	$0—	$0—	$0—	$0—
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued	$0—	——	$0—	$0—	$0—
Common Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.00—	$0.00—
Common Stock Shares Issued	449.5M+10.1%	444.5M+10.0%	439.2M+14.8%	414.6M—	408.2M—
Convertible Preferred Stock Authorized Shares	100M0.0%	100M0.0%	100M0.0%	100M—	100M—
Convertible Preferred Stock Issued Shares	0-100%	0-100%	9.6K-0.1%	9.6K—	9.6K—
Convertible Preferred Stock Outstanding Shares	0-100%	0-100%	9.6K-0.1%	9.6K—	9.6K—
Cumulative Gross Losses and Impairments	$0—	$0—	$0—	$0—	——
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$450K+10.3%	$444K+9.9%	$439K+14.6%	$415K+11.0%	$408K+34.7%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0-100%	$0-100%	$9.27M-0.1%	$9.27M0.0%	$9.27M0.0%
Preferred Stock Liquidation Preference Value	$0-100%	$0-100%	$13.57M+10.3%	$13.25M—	$12.92M—
Preferred Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.00—	$0.00—
Share Repurchase Authorization Limit	$200M+312%	——	$200M—	$200M—	$48.6M—
Share Repurchase Program - Amount Remaining	$200M+312%	——	$200M—	$200M—	$48.6M—
Warrants and Rights Outstanding	80.9M+368%	——	87.3M—	17.3M—	17.3M—
Cumulative Cost Basis	$2.71B+359%	$1.64B+243%	$966.04M+166%	$695.87M—	$591.53M—
Operating Lease Income - 2023 (Lessor)	$102.33M—	——	$30.59M—	——	——
Operating Lease Income - 2024 (Lessor)	$102.33M—	——	$30.59M—	——	——
Accrued lessor costs	$25M—	$27.6M—	$42.81M—	——	——
Asset Retirement Obligation	$16.99M—	$0—	——	——	——
Bitcoin mining facility, operating capacity (in MW)	145-40.8%	——	245+25.6%	245—	245—
Cash FDIC Insured Amount	$250K—	——	$250K—	——	——
Uninsured amount	$2.81B+175,263%	——	$650.4M+5,979%	$6.9M—	$1.6M—
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1	$0.17-87.7%	——	$0.23-83.5%	$1.38—	$1.38—
Class of Warrant or Right, Outstanding	$80.88M+368%	——	$87.3M+396%	$17.27M—	$17.27M—
Common stock number of votes	10.0%	——	10.0%	1—	1—
Common stock, par value (in dollars per share)	$00.0%	$00.0%	$00.0%	$0—	$0—
Common stock, shares authorized (in shares)	$950M+58.3%	$950M+58.3%	$950M+58.3%	$600M0.0%	$600M—
Common stock, shares issued (in shares)	$449.52M+10.1%	$444.53M+10.0%	$439.21M+14.8%	$414.6M—	$408.2M—
Common Stock, Shares, Outstanding	$425.05M+4.1%	$420.07M+3.9%	$439.21M+14.8%	$414.6M—	$408.2M—
Convertible Debt	$1.6B+227%	$1.58B+225%	——	$488.72M—	$488.11M—
Principal Amount	$5.73B+1,045%	——	$1.5B—	$500M—	$500M—
Thereafter	$2.03B+305%	——	$1.5B—	$500M—	$500M—
Remainder of 2026	$43.56M—	——	$0—	$0—	$0—
2030	$2.79B—	——	$0—	$0—	$0—
2027	$266.89M—	——	$0—	$0—	$0—
2029	$304.11M—	——	$0—	$0—	$0—
2028	$298.76M—	——	$0—	$0—	$0—
Convertible debentures	$1.6B+227%	$1.58B+225%	$1.06B—	$488.72M—	$488.11M—
Number of bitcoins (in bitcoin)	18+5.9%	3-40.0%	4—	0—	17—
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	$96.24M—	$101.44M—	——	——	——
Deferred income taxes	$104K—	$76K—	——	——	——
Deferred Rent Credit Current	$56.68M+77.4%	$58.18M—	$50.65M—	$47.72M—	$31.96M—
Deferred Rent Credit Noncurrent	$14.04M-75.8%	$23.29M—	$35.5M—	$42.28M—	$58.04M—
Direct costs	$57.3M—	$57.4M—	——	——	——
Equity method investments (Note 11)	$434.79M—	$446.01M—	——	——	——
Current maturities of long-term debt	$2K0.0%	$2K0.0%	$2K—	$2K—	$2K—
Finance Lease Liability Payments Due	$740K-2.9%	——	$751K—	$756K—	$762K—
2027	$22K0.0%	——	$22K—	$22K—	$22K—
Finance Lease Liability Payments Due Year Four	$22K0.0%	——	$22K—	$22K—	$22K—
Finance Lease Liability Payments Due Year Three	$22K0.0%	——	$22K—	$22K—	$22K—
Finance Lease Liability Payments Due Year Two	$22K0.0%	——	$22K—	$22K—	$22K—
Thereafter	$635K-3.3%	——	$657K—	$657K—	$657K—
Finance Lease Liability Undiscounted Excess Amount	$449K-4.3%	——	$459K—	$464K—	$469K—
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$118.58M+1,547%	$119.34M+1,538%	$120.1M—	$7.11M—	$7.2M—
Goodwill, Gross	$55.46M—	$55.46M—	$55.46M—	$55.46M—	——
Goodwill accumulated impairment losses	$0—	$0—	$0—	$0—	——
High-performance computing, operating capacity (in MW)	60—	——	22.5—	——	——
Lessee Operating Lease Liability Payments Due	$34.9M+290%	——	$36.66M+2,228%	$20.68M—	$8.95M—
Thereafter	$17.84M+131%	——	$21.54M+2,343%	$14.28M—	$7.72M—
Lessee Operating Lease Liability Undiscounted Excess Amount	$11.08M+101%	——	$11.86M+1,688%	$8.81M—	$5.51M—
Lease not yet commenced, number of renewal options	20.0%	——	2—	2—	2—
Number of lessor contracts	2—	——	2—	——	——
Thereafter	$633.25M—	——	$205.64M—	——	——
Remainder of fiscal 2026	$35.04M—	——	$3.42M—	——	——
Letters of Credit Outstanding, Amount	——	——	——	$1.4M—	——
Noncontrolling interests in subsidiaries	$1.15M—	$0—	——	——	——
Number of mining pool operators	10.0%	——	10.0%	1—	1—
Number Of Real Estate Properties	3-40.0%	——	5+25.0%	5—	5—
Number suppliers for bitcoin miners	10.0%	——	10.0%	1—	1—
Operating Lease Weighted Average Discount Rate Percent	$0.07—	——	——	$0.06—	——
Conversion denomination	——	——	——	——	——
Preferred stock, liquidation preference, value	$0-100%	$0-100%	$13.57M+10.3%	$13.25M—	$12.92M—
Preferred Stock, Par or Stated Value Per Share	$00.0%	$00.0%	$00.0%	$0—	$0—
Preferred Stock, Shares Authorized	$100M0.0%	$100M0.0%	$100M0.0%	$100M—	$100M—
Preferred Stock, Shares Issued	$0-100%	$0-100%	$9.56K-0.1%	$9.57K—	$9.57K—
Preferred Stock, Shares Outstanding	$0-100%	$0-100%	$9.56K-0.1%	$9.57K—	$9.57K—
Prepaid expenses	$20.57M+329%	$6.27M+152%	$2.96M-4.4%	$2.94M+3.1%	$4.8M+20.8%
Prepaid rent	$90M0.0%	——	$90M—	$90M—	$90M—
Aggregate purchase price	——	——	——	——	——
Security Deposit	$800K—	——	——	——	——
Share repurchase increased amount	——	——	——	$151.4M—	——
Authorized shares (in shares)	1.1B+50.0%	——	1.1B+50.0%	700M—	700M—
Share Repurchase Program, Authorized, Amount	——	——	——	——	——
Share Repurchase Program, Remaining Authorized, Amount	$200M+312%	——	$200M—	$200M—	$48.6M—
Treasury stock, shares (in shares)	$24.47M0.0%	$24.47M+31.8%	$24.47M—	$24.47M—	$24.47M—
Unrecognized tax benefits	$0—	$0—	$0—	$0—	$0—
Penalties and interest accrued on unrecognized tax benefits	$0—	——	$0—	$0—	$0—
Unrecorded Unconditional Purchase Obligation	$90M0.0%	——	$90M—	$90M—	$90M—
Base rent commencing percentage	50%0.0%	——	50%—	50%—	50%—
Remainder of Fiscal Year 2024	$2.65M+1,264%	——	$881K+2,049%	$697K—	$194K—
Unrecorded Unconditional Purchase Obligation	$90M0.0%	——	$90M—	$90M—	$90M—
Weighted-Average Discount Rate	6.9%—	——	——	——	——
Weighted-Average Discount Rate - Finance Leases	$0.07—	——	——	——	——

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Questions, answered.

What are TeraWulf's total assets?: TeraWulf (WULF) holds $7.0B in total assets, up 733.2% year over year.
How much debt does TeraWulf have?: TeraWulf carries $3.7B in total debt against -$78.8M of shareholders' equity, a debt-to-equity ratio of 25.40.
How much cash does TeraWulf have?: TeraWulf holds $3.1B in cash and equivalents.
Can TeraWulf cover its short-term obligations?: Its current ratio is 1.20 — current assets exceed current liabilities.
Where does TeraWulf's balance sheet data come from?: Every line is extracted from TeraWulf's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.