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TeraWulf WULF Net 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%
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:NetIncomeLoss.

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
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)
Net loss attributable to TeraWulf Inc$(939,917)$(18,370)$(1,367,551)$(79,788)
Loss per common share:
Basic and diluted$(1.94)$(0.05)$(3.01)$(0.21)
Weighted average common shares outstanding:
Basic and diluted485,734,901386,895,095454,540,588385,032,650

Item 1. Financial Statements

FAQ

What is TeraWulf's net income?
TeraWulf (WULF) reported net income of -$939.92M in Q2 2026.
How has TeraWulf's net income changed year-over-year?
TeraWulf's net income decreased by 5016.6% year-over-year, from -$18.37M to -$939.92M.
What is the long-term trend for TeraWulf's net income?
Over 4 years (2021 to 2025), TeraWulf's net income has grown at a 57.3% compound annual growth rate (CAGR), from -$107.99M to -$661.42M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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