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TeraWulf WULF Impairment Charges

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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$8.79B+338%
Enterprise value$5.78B+146%
P/S53.2×+39.3×

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:ImpairmentOfLongLivedAssetsHeldForUse.

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
Depreciation21,24118,78649,71834,360
Loss (gain) on fair value of digital assets, net799(887)1,452(17)
Change in fair value of contingent consideration1,6001,600
Impairment of property, plant, and equipment25,697
Loss on disposals of property, plant, and equipment3993,8313993,831
Total costs and expenses185,21763,226381,371157,259
Operating loss(140,450)(15,590)(302,592)(75,218)
Interest expense(56,389)(4,012)(123,460)(8,061)

Item 1. Financial Statements

FAQ

What is TeraWulf's impairment charges?
TeraWulf (WULF) reported impairment charges of $0 in Q2 2026.
What does impairment charges mean?
Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.

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