SEC Tracker
Get the app
WULF · XBRL financial data

Terawulf financial statements, every quarter

The same tables from 13 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

Download Excel Download CSV
How these numbers work
  • Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
  • Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
  • * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
  • 0 means a filing states zero; a dash (—) means no filing states that number.
  • “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
  • Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
  • Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
  • Shares outstanding come from each filing's cover page, as of the date printed there.
  • Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

CSV

Fiscal quarters (WULF's year ends in late December)

In millions of dollarsSep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
Revenue—year only——2735*34485136*3445
Cost of goods and services sold89*14141520*25221719*212
Gross profit11—282211—72229—209
Selling, general and administrative6———————————
Total operating expenses2019*3028————————
Operating income (loss)(10)(5)*(2)(7)(16)(51)*(60)(16)(25)(86)*(162)(140)
Interest income——100—214——29
Interest expense109*11503*441062*6756
Income tax expense (benefit)00*0000*0000*00
Net income (loss)(19)(11)*(10)(11)(23)(29)*(61)(18)(455)(127)*(428)(940)
Earnings per share, basic USD per share(0.09)(0.04)*(0.03)(0.03)(0.06)(0.07)*(0.16)(0.05)(1.13)(0.30)*(1.01)(1.94)
Earnings per share, diluted USD per share(0.09)(0.04)*(0.03)(0.03)(0.06)(0.07)*(0.16)(0.05)(1.13)(0.30)*(1.01)(1.94)
Weighted average shares, basic millions of shares222242*291341382391*383387402418*423486
Weighted average shares, diluted millions of shares222242*291341382391*383387402418*423486

Balance sheet

CSV

Fiscal quarters (WULF's year ends in late December)

In millions of dollarsSep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
Cash and cash equivalents7544610424274218907113,2662,6302,619
Accounts receivable—————0—141613
Total current assets13635411132281230997293,4782,8672,807
Property and equipment, net1812052382722834125106058621,5082,5823,600
Right-of-use asset1111111010868593105104103102
Goodwill—————0—5555555555
Total assets3123783954804067888418692,4546,5587,0098,048
Accounts payable1915148202455396265228198
Current portion of long-term debt76123997200———4644—
Total current liabilities1081551229232521211517061,7362,3853,764
Long-term debt4800000———3,0523,060—
Lease liability, non-current11111331123222221
Total liabilities15815612393335436716952,2076,4187,0867,901
Accumulated deficit(249)(260)(269)(280)(303)(332)(394)(412)(867)(994)(1,421)(2,361)
Total stockholders' equity154222272386373244170174247140(79)147
Total liabilities and equity3123783954804067888418692,4546,5587,0098,048
Common shares outstanding (cover page) millions of shares238302333383386383385392419424496499

Cash flows

CSV

Fiscal quarters (WULF's year ends in late December)

In millions of dollarsSep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
Net income (loss)(19)(11)*(10)(11)(23)(29)*(61)(18)(455)(127)*(428)(940)
Stock-based compensation1*2*75*2*17*391*4*7*10184*
Net cash from operating activities2*11*2316*(21)*(43)*56(55)*(37)*(88)*(18)(137)*
Purchases of property and equipment25*34*4747*21*154*94120*232*615*523856*
Net cash from investing activities(16)*(34)*(47)(47)*11*(9)*(61)(71)*(200)*(1,037)*(713)(893)*
Proceeds from issuing common stock22*78*51123*15*0*00*0*0*91,191*
Share repurchases—year only00*0*118*330*0*0*00*
Net cash from financing activities12*71*1689*(70)*302*(51)(1)*858*4,135*100965*
Net change in cash(2)*48*(9)58*(80)*250*(56)(127)*621*3,010*(630)(64)*

Compare with peers

SIC 6199 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen
  • SIC 6199 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
  • Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
  • Runway shows only for companies burning cash with under $10B of public float.
  • * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
  • A cell reading “not reported” means the filings give no figure for that quarter alone.
CompanyCash ($M)Revenue, quarter ($M)Operating cash flow, quarter ($M)Shares outstandingRunwayQuarter
Terawulf2,61945(137)*499.0M19.2 quarters 10-QJun 30, 2026
Fidelity Ethereum Fund0not reported93*47.4M— 10-QJun 30, 2026
Gemini Space Station18945(51)*not reported3.7 quarters 10-QJun 30, 2026
Perella Weinberg Partners15025173*not reported— 10-QSep 30, 2026
Ionic Digital41649not reported45.0M— 10-QJun 30, 2026
Pagaya Technologies24736249*not reported— 10-QSep 30, 2026
Walker & Dunlop1613071,169*34.3M— 10-QJun 30, 2026
HIVE Digital Technologies208794.1274.3M— 10-QJun 30, 2026
Hut 823475(5.6)*123.3M41.5 quarters 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.