TeraWulf WULF Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | ||
|---|---|---|---|---|---|
| Gross Profit by Business | |||||
| Digital Asset Mining Segment | $62.21M+5.5% | $58.96M-10.3% | $65.75M+24.4% | $52.83M+42.7% | |
| HPC Leasing Segment | $17.64M+138% | $7.4M+43.5% | $5.16M+7,914% | -$66K— | |
| Cost of revenue (exclusive of depreciation shown below) by Business | |||||
| Digital Asset Mining Segment | $55.56M-30.7% | $80.2M-3.5% | $83.07M+2.6% | $80.93M+196% | |
| HPC Leasing Segment | $4.92M+99.5% | $2.46M+656% | $326K— | $0— | |
| Operating expenses by Business | |||||
| Digital Asset Mining Segment | $12.37M-0.2% | $12.39M+6.9% | $11.59M+12.2% | $10.33M+111% | |
| HPC Leasing Segment | $15.69M+113% | $7.35M+261% | $2.04M+430% | $385K— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does TeraWulf break its business down?
- TeraWulf (WULF) reports gross profit by business across 2 parts — Digital Asset Mining Segment and HPC Leasing Segment. Each is extracted from the segment footnotes and tracked over time.
- Where does TeraWulf's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in TeraWulf's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
