Symbols

WULF

TeraWulf·NASDAQ

--(--)

WULF fundamentals

WULF Q4 2025 Earnings

TeraWulf (WULF) released its earnings on Feb 26, 2026: revenue was 35.90M (YoY +2.72%), missed estimates; EPS was -0.13 (YoY -44.44%), beat estimates.

Revenue / YoY

35.90M

+2.72%

EPS / YoY

-0.13

-44.44%

Report date

Feb 26, 2026

WULF Earnings Call Summary for Q4,2025

Strategic Growth: 1.5 GW of new power-backed AI infrastructure added in 2025, with 480 MW Kentucky site targeting 2027 energization.
Financial Transition: 2025 HPC lease revenue of $16.9M (vs. $0 in 2024), with non-GAAP EBITDA of -$23.1M reflecting transition costs.
Operational Excellence: PUE of 1.25 (industry-leading) and 250 MW battery storage at Morgantown to reduce peak demand costs.
Customer Momentum: Active hyperscaler diligence on Kentucky site, with term sheets in process.
Capital Strength: $12.8B in HPC lease commitments and $6.5B in debt/equity financing, no near-term equity needs.

Earnings

EPS

Revenue

Revenue & Expenses

WULF has released its 2025 Q4 earnings report, with revenue of 35.84M, reflecting a YoY change of 2.43%, and net profit of -126.58M, showing a YoY change of -333.55%. The Sankey diagram below clearly presents WULF's revenue sources and cost distribution.

Key Indicators

TeraWulf (WULF) key financial stats and ratios, covering profitability, financial health, and leverage.

Income Statement

TeraWulf (WULF)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.

Trend

Breakdown

Balance Sheet

TeraWulf (WULF)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.

Trend

Breakdown

Cash Flow

TeraWulf (WULF)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.

Trend

Breakdown