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TeraWulf WULF Pre-Tax Income

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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments.

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
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)
Equity in net loss of investee, net of tax(11,063)(22,611)
Net loss(940,827)(18,370)(1,368,530)(79,788)
Less: net loss attributable to noncontrolling interests(910)(979)

Item 1. Financial Statements

FAQ

What is TeraWulf's pre-tax income?
TeraWulf (WULF) reported pre-tax income of -$929.74M in Q2 2026.
How has TeraWulf's pre-tax income changed year-over-year?
TeraWulf's pre-tax income decreased by 4961.2% year-over-year, from -$18.37M to -$929.74M.
What is the long-term trend for TeraWulf's pre-tax income?
Over 4 years (2021 to 2025), TeraWulf's pre-tax income has grown at a 83.8% compound annual growth rate (CAGR), from -$57.63M to -$657.21M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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