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TeraWulf WULF Total debt

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Other financials

Income statement

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Revenue$34.0M-1.1%
Gross profit$31.7M+221%
Operating income-$162.1M-172%
Net income-$427.6M-596%
EPS (diluted)-$1.01-531%

Balance sheet

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Cash & equivalents$3.1B+1,318%
Total equity-$78.8M-146%
Total assets$7.0B+733%

Cash flow

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Operating cash flow-$17.6M-131%
CapEx$523.0M+458%
Free cash flow-$540.5M-1,353%

Valuation

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Market cap$14.36B+484%
Enterprise value$14.94B+470%
P/S85.5×+66.8×

Profitability

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Gross margin64%+19.1pp
Operating margin-171.8%+398pp
Net margin-611.5%-747pp
FCF margin-1,003.6%-1,433pp

Returns & leverage

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Return on equity-343.7%-382pp
Debt / equity25.4×+25.4×
Current ratio1.2×-0.7×

Where this comes from

Calculated from TeraWulf’s reported figures.

The official record: TeraWulf’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is TeraWulf's total debt?
TeraWulf (WULF) reported total debt of $3.67B in Q1 2026.
How has TeraWulf's total debt changed year-over-year?
TeraWulf's total debt increased by 959.4% year-over-year, from $346.74M to $3.67B.
What is the long-term trend for TeraWulf's total debt?
Over 5 years (2020 to 2025), TeraWulf's total debt has grown at a 321.3% compound annual growth rate (CAGR), from $2.69M to $3.57B.
What does total debt mean?
The total amount of money the company owes to lenders and creditors.
How do you interpret total debt?
An increase in total debt suggests higher financial leverage and increased interest expense, which may heighten financial risk, while a decrease indicates deleveraging and improved balance sheet health.
How does total debt compare across companies?
Peers in capital-intensive industries like digital infrastructure often carry significant debt to fund facility construction, making debt-to-equity or debt-to-EBITDA ratios essential for cross-company comparison.