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TeraWulf WULF Gain (loss) on extinguishment of debt

Gain (loss) on extinguishment of debt at other companies

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Other financials

Income statement

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Revenue$44.8M-6.0%
Gross profit$32.4M+26.7%
Operating income-$140.5M-801%
Net income-$939.9M-5,017%
EPS (diluted)-$1.94-3,780%

Balance sheet

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Cash & equivalents$3.0B+3,213%
Total debt$23.6M-94.6%
Total equity$147.3M-15.5%
Total assets$8.0B+826%

Cash flow

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Operating cash flow-$136.7M-149%
CapEx$855.6M+613%
Free cash flow-$992.3M-468%

Valuation

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Market cap$8.95B+346%
Enterprise value$5.95B+153%
P/S54.2×+40.3×

Profitability

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Gross margin69.3%+25.4pp
Operating margin-250.4%-719pp
Net margin-1,179.9%-1,288pp
FCF margin-1,515.9%-2,047pp

Returns & leverage

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Return on equity-1,212.1%-1,263pp
Debt / equity0.2×-2.4×
Current ratio0.7×+0.1×

Where this comes from

Reported directly by TeraWulf in its filing.

Tagged under the XBRL concept us-gaap:GainsLossesOnExtinguishmentOfDebt.

The source filing: TeraWulf’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001083301-26-000166
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating loss(140,450)(15,590)(302,592)(75,218)
Interest expense(56,389)(4,012)(123,460)(8,061)
Change in fair value of warrants(755,667)(971,992)
Loss on extinguishment of debt(7,116)(7,116)
Interest income28,9561,23258,3673,491
Other income930930
Loss before income tax and equity in net loss of investee(929,736)(18,370)(1,345,863)(79,788)
Income tax provision(28)(56)

Item 1. Financial Statements

FAQ

What is TeraWulf's gain (loss) on extinguishment of debt?
TeraWulf (WULF) reported gain (loss) on extinguishment of debt of -$7.12M in Q2 2026.
What is the long-term trend for TeraWulf's gain (loss) on extinguishment of debt?
Over 3 years (2022 to 2025), TeraWulf's gain (loss) on extinguishment of debt has grown at a -100.0% compound annual growth rate (CAGR), from -$2.05M to $0.
What does gain (loss) on extinguishment of debt mean?
Gains or losses from retiring debt before maturity — gains when debt is repurchased below par, losses when premiums are paid for early redemption.

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