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TeraWulf WULF Data Center Hosting — Digital asset revenue

Discontinued — last reported Q4 '24

Other product segments

Crypto Mining
$13M-62.2%

Similar metrics at other companies

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$5.47M-39.0%
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HUTMining Properties And Mineral Rights — Revenue (Gross)
$3.64M
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RIOTRevenue Net Data Center Hosting — Revenues1
$6.14M
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HUTDigital Assets Mining — Revenue
$11.61M-25.4%
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RIOTData Centers — Revenue
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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 debt$3.7B+959%
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

Reported directly by TeraWulf in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.

The official record: TeraWulf’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is TeraWulf's data center hosting — digital asset revenue?
TeraWulf (WULF) reported data center hosting — digital asset revenue of $200K in Q4 2024.
How has TeraWulf's data center hosting — digital asset revenue changed year-over-year?
TeraWulf's data center hosting — digital asset revenue decreased by 89.3% year-over-year, from $1.88M to $200K.
What is the long-term trend for TeraWulf's data center hosting — digital asset revenue?
Over 2 years (2022 to 2024), TeraWulf's data center hosting — digital asset revenue has grown at a -58.3% compound annual growth rate (CAGR), from $4.6M to $800K.
What does data center hosting — digital asset revenue mean?
Revenue earned from digital asset mining operations performed within the company's data center hosting facilities.
How do you interpret data center hosting — digital asset revenue?
An increase suggests higher mining productivity or increased capacity utilization within the hosting segment, while a decrease may indicate reduced mining activity, lower network hash rates, or a shift in business model focus.
How does data center hosting — digital asset revenue compare across companies?
Comparable to 'Self-Mining Revenue' or 'Proprietary Mining Revenue' reported by other digital infrastructure and bitcoin mining companies.