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TeraWulf WULF HPC Leasing Segment — HPC lease revenue

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$103.39M+3.4%

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:OperatingLeaseLeaseIncome.

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
HPC Leasing Segment
HPC lease revenue$31,932$52,954
Cost of revenue (exclusive of depreciation)4,4526,903
Operating expenses (including related party)18,47326,805
HPC leasing segment profit$9,007$19,246
Digital Asset Mining Segment
Digital asset mining revenue$12,835$47,636$25,825$82,041
Cost of revenue (exclusive of depreciation)7,94822,0947,85846,647

Item 1. Financial Statements

FAQ

What is TeraWulf's HPC leasing segment — HPC lease revenue?
TeraWulf (WULF) reported HPC leasing segment — HPC lease revenue of $31.93M in Q2 2026.
What does HPC leasing segment — HPC lease revenue mean?
Total gross income generated from leasing high-performance computing infrastructure and data center capacity to third-party clients. This metric captures the core top-line performance of the segment's specialized infrastructure-as-a-service offerings.

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