WULF
TeraWulf Inc.
Price Chart
Latest Quote
$18.16
+0.18 (+1.00%)
Current Price
| Previous Close | $17.98 |
| Open | $17.25 |
| Day High | $18.31 |
| Day Low | $16.55 |
| Volume | 36,497,861 |
Stock Information
| Shares Outstanding | 495.53M |
| Total Debt | $5.31B |
| Cash Equivalents | $2.63B |
| Revenue | $168.06M |
| Net Income | $-1.03B |
| Sector | Financial Services |
| Industry | Capital Markets |
| Market Cap | $9.00B |
| EPS (TTM) | $-2.54 |
| Exchange | NCM |
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-07-17 | $18.16 | 37,023,700 |
| 2026-07-16 | $17.98 | 38,759,900 |
| 2026-07-15 | $19.37 | 30,687,900 |
| 2026-07-14 | $19.41 | 58,011,400 |
| 2026-07-13 | $20.89 | 25,087,600 |
| 2026-07-10 | $21.97 | 30,908,900 |
| 2026-07-09 | $23.20 | 50,983,100 |
| 2026-07-08 | $22.83 | 42,872,600 |
| 2026-07-07 | $20.24 | 51,365,900 |
| 2026-07-06 | $22.21 | 74,725,800 |
| 2026-07-02 | $21.18 | 33,862,600 |
| 2026-07-01 | $23.58 | 30,501,000 |
| 2026-06-30 | $24.70 | 25,873,400 |
| 2026-06-29 | $25.58 | 25,764,600 |
| 2026-06-26 | $25.83 | 66,302,300 |
| 2026-06-25 | $26.06 | 18,470,100 |
| 2026-06-24 | $26.97 | 31,714,000 |
| 2026-06-23 | $28.78 | 24,410,700 |
| 2026-06-22 | $28.31 | 20,954,900 |
| 2026-06-18 | $28.98 | 31,094,300 |
About TeraWulf Inc.
TeraWulf Inc., together with its subsidiaries, owns, develops, operates digital infrastructure in the United States. It also develops and operates bitcoin mining facilities for bitcoin mining and high-performance computing workloads, leveraging clean, cost-effective, and reliable energy. The company was founded in 2021 and is headquartered in Easton, Maryland.
đ° Latest News
Meta and Anthropic Discuss $10B AI Infrastructure Agreement
CryptoProwl âĸ 2026-07-18T02:47:00ZBank of Nova Scotia discloses 7.7% TeraWulf stake and 5.62% CleanSpark position
Blockspace âĸ 2026-07-16T15:27:45ZTeraWulf (WULF) Faces New York Data Center Freeze But Existing Projects Stay Online
Simply Wall St. âĸ 2026-07-16T11:16:41ZTeraWulfâs 410 MW Anthropic deal is just the beginning: co-founder interview
Blockspace âĸ 2026-07-15T22:50:23ZSPCX Falls Below IPO Price, TeraWulf Co-Founder Interview, Nebius Opens AI Stack to 3rd Party Partners
Blockspace âĸ 2026-07-15T21:20:53ZWULF Stock Climbs After New York Data-Center Moratorium Jolt â Why Wall Street Sees A Buying Opportunity
Stocktwits âĸ 2026-07-15T19:58:45ZTeraWulf Stock Panics Over New Yorkâs Data-Center Moratorium, but Wall Street Sees a Steal
Barrons.com âĸ 2026-07-15T18:54:00ZThe $3.5 Billion Reason TeraWulf Stock Is in Focus Today
Barchart âĸ 2026-07-15T17:26:01ZBernstein Reportedly Says Bitcoin Miners' AI Deals Look Cheap Vs. Data Center REITs â But Not All Are Equal
Stocktwits âĸ 2026-07-15T16:34:11ZRosenblatt reiterated âBuyâ rating on WULF with $30 price target
Blockspace âĸ 2026-07-15T15:17:40Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $78,207,000 | $61,235,000 | $26,314,000 | $10,780,000 |
| Cost Of Revenue | $82,663,000 | $62,608,000 | $27,315,000 | $11,083,000 |
| Total Revenue | $168,455,000 | $140,051,000 | $69,229,000 | $15,033,000 |
| Operating Revenue | $168,455,000 | $140,051,000 | $69,229,000 | $15,033,000 |
| Expenses | ||||
| Interest Expense | $80,248,000 | $19,794,000 | $34,812,000 | $24,679,000 |
| Total Expenses | $338,764,000 | $200,643,000 | $97,572,000 | $57,890,000 |
| Other Income Expense | $-406,653,000 | $-17,997,000 | $-847,000 | $-2,942,000 |
| Other Non Operating Income Expenses | $38,432,000 | $6,127,000 | $231,000 | - |
| Net Non Operating Interest Income Expense | $-80,248,000 | $-19,794,000 | $-34,812,000 | $-24,679,000 |
| Interest Expense Non Operating | $80,248,000 | $19,794,000 | $34,812,000 | $24,679,000 |
| Operating Expense | $256,101,000 | $138,035,000 | $70,257,000 | $46,807,000 |
| Other Operating Expenses | $19,747,000 | $7,649,000 | $4,889,000 | $4,090,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-661,416,000 | $-72,418,000 | $-73,292,000 | $-85,934,000 |
| Net Interest Income | $-80,248,000 | $-19,794,000 | $-34,812,000 | $-24,679,000 |
| Normalized Income | $-216,331,000 | $-48,294,000 | $-72,214,000 | $-83,000,826 |
| Net Income From Continuing And Discontinued Operation | $-661,416,000 | $-72,418,000 | $-73,421,000 | $-90,791,000 |
| Total Operating Income As Reported | $-186,213,000 | $-76,216,000 | $-29,421,000 | $-43,745,000 |
| Net Income Common Stockholders | $-661,416,000 | $-72,418,000 | $-73,421,000 | $-90,791,000 |
| Net Income | $-661,416,000 | $-72,418,000 | $-73,421,000 | $-90,791,000 |
| Net Income Including Noncontrolling Interests | $-661,416,000 | $-72,418,000 | $-73,421,000 | $-90,791,000 |
| Net Income Discontinuous Operations | $0 | $0 | $-129,000 | $-4,857,000 |
| Net Income Continuous Operations | $-661,416,000 | $-72,418,000 | $-73,292,000 | $-85,934,000 |
| Earnings From Equity Interest Net Of Tax | $-4,130,000 | $25,965,000 | $-9,290,000 | $-15,712,000 |
| Pretax Income | $-657,210,000 | $-98,383,000 | $-64,002,000 | $-70,478,000 |
| Special Income Charges | $-15,292,000 | $-24,124,000 | $-1,078,000 | $-2,942,000 |
| Operating Income | $-170,309,000 | $-60,592,000 | $-28,343,000 | $-42,857,000 |
| Depreciation Amortization Depletion Income Statement | $88,597,000 | $59,808,000 | $28,350,000 | $6,667,000 |
| Depreciation And Amortization In Income Statement | $88,597,000 | $59,808,000 | $28,350,000 | $6,667,000 |
| Depreciation Income Statement | $88,597,000 | $59,808,000 | $28,350,000 | $6,667,000 |
| Gross Profit | $85,792,000 | $77,443,000 | $41,914,000 | $3,950,000 |
| Net Income From Tax Loss Carryforward | - | $22,602,000 | $0 | $0 |
| Per Share | ||||
| Diluted EPS | $-1.66 | $-0.21 | $-0.35 | $-0.82 |
| Basic EPS | $-1.66 | $-0.21 | $-0.35 | $-0.82 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $-8,826 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-38,824,000 | $6,716,000 | $1,239,000 | $-35,887,000 |
| Total Unusual Items | $-445,085,000 | $-24,124,000 | $-1,078,000 | $-2,942,000 |
| Total Unusual Items Excluding Goodwill | $-445,085,000 | $-24,124,000 | $-1,078,000 | $-2,942,000 |
| Reconciled Depreciation | $93,053,000 | $61,181,000 | $29,351,000 | $6,970,000 |
| EBITDA (Bullshit earnings) | $-483,909,000 | $-17,408,000 | $161,000 | $-38,829,000 |
| EBIT | $-576,962,000 | $-78,589,000 | $-29,190,000 | $-45,799,000 |
| Diluted Average Shares | $397,608,216 | $351,315,476 | $209,956,392 | $110,638,792 |
| Basic Average Shares | $397,608,216 | $351,315,476 | $209,956,392 | $110,638,792 |
| Diluted NI Availto Com Stockholders | $-661,416,000 | $-72,418,000 | $-73,421,000 | $-90,791,000 |
| Tax Provision | $76,000 | $0 | $0 | $-256,000 |
| Gain On Sale Of Ppe | $-4,895,000 | $-17,824,000 | $1,965,000 | $569,000 |
| Impairment Of Capital Assets | $0 | $0 | $3,043,000 | $1,457,000 |
| Restructuring And Mergern Acquisition | $10,397,000 | $0 | $0 | - |
| Gain On Sale Of Security | $-429,793,000 | - | - | $569,000 |
| Selling General And Administration | $147,757,000 | $70,578,000 | $37,018,000 | $36,050,000 |
| Other Special Charges | - | $6,300,000 | - | $2,054,000 |
| Preferred Stock Dividends | - | - | $1,074,000 | $783,000 |
| Write Off | - | - | - | $1,457,000 |
Fetched: 2026-07-04
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $84,988,000 | $244,445,000 | $222,489,000 | $117,754,000 |
| Total Assets | $6,558,182,000 | $787,511,000 | $378,106,000 | $317,687,000 |
| Total Non Current Assets | $3,079,909,000 | $506,080,000 | $315,519,000 | $303,543,000 |
| Other Non Current Assets | $274,544,000 | $1,028,000 | $679,000 | $1,337,000 |
| Non Current Deferred Assets | $572,888,000 | $0 | - | - |
| Goodwill And Other Intangible Assets | $55,457,000 | $0 | - | - |
| Current Assets | $3,478,273,000 | $281,431,000 | $62,587,000 | $14,144,000 |
| Other Current Assets | $11,072,000 | $599,000 | $2,607,000 | $726,000 |
| Restricted Cash | $189,933,000 | $0 | $0 | $7,044,000 |
| Prepaid Assets | $6,272,000 | $2,493,000 | $4,540,000 | $5,095,000 |
| Receivables | $4,607,000 | $4,274,000 | $1,001,000 | $0 |
| Other Receivables | $3,395,000 | $3,799,000 | $1,001,000 | - |
| Accounts Receivable | $1,212,000 | $475,000 | - | - |
| Cash Cash Equivalents And Short Term Investments | $3,266,389,000 | $274,065,000 | $54,439,000 | $1,279,000 |
| Cash And Cash Equivalents | $3,266,389,000 | $274,065,000 | $54,439,000 | $1,279,000 |
| Assets Held For Sale Current | - | - | - | $0 |
| Non Current Prepaid Assets | - | - | - | - |
| Debt | ||||
| Net Debt | $1,904,722,000 | $213,437,000 | $69,082,000 | $127,042,000 |
| Total Debt | $5,195,726,000 | $491,248,000 | $124,468,000 | $129,310,000 |
| Long Term Debt And Capital Lease Obligation | $4,657,626,000 | $491,221,000 | $955,000 | $73,914,000 |
| Long Term Debt | $4,635,028,000 | $487,502,000 | $56,000 | $72,967,000 |
| Current Debt And Capital Lease Obligation | $538,100,000 | $27,000 | $123,513,000 | $55,396,000 |
| Current Debt | $536,083,000 | - | $123,465,000 | $55,354,000 |
| Other Current Borrowings | $536,083,000 | - | $123,465,000 | $55,354,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $6,417,737,000 | $543,066,000 | $155,617,000 | $199,933,000 |
| Total Non Current Liabilities Net Minority Interest | $4,681,889,000 | $491,221,000 | $955,000 | $73,914,000 |
| Other Non Current Liabilities | $902,000 | - | - | - |
| Non Current Deferred Liabilities | $23,361,000 | $0 | - | $0 |
| Non Current Deferred Taxes Liabilities | $76,000 | $0 | - | $0 |
| Current Liabilities | $1,735,848,000 | $51,845,000 | $154,662,000 | $126,019,000 |
| Other Current Liabilities | $844,698,000 | - | - | $10,900,000 |
| Current Deferred Liabilities | $58,184,000 | $0 | - | - |
| Payables And Accrued Expenses | $293,149,000 | $47,266,000 | $26,736,000 | $59,723,000 |
| Interest Payable | $52,775,000 | $2,559,000 | - | - |
| Payables | $65,339,000 | $25,773,000 | $20,444,000 | $41,857,000 |
| Accounts Payable | $65,139,000 | $24,382,000 | $15,169,000 | $21,862,000 |
| Other Payable | - | - | $1,803,000 | $2,117,000 |
| Equity | ||||
| Common Stock Equity | $140,445,000 | $235,172,000 | $213,216,000 | $108,481,000 |
| Total Equity Gross Minority Interest | $140,445,000 | $244,445,000 | $222,489,000 | $117,754,000 |
| Stockholders Equity | $140,445,000 | $244,445,000 | $222,489,000 | $117,754,000 |
| Retained Earnings | $-993,692,000 | $-332,276,000 | $-259,895,000 | $-186,474,000 |
| Long Term Equity Investment | $446,008,000 | $0 | $98,613,000 | $98,741,000 |
| Preferred Stock Equity | - | $9,273,000 | $9,273,000 | $9,273,000 |
| Preferred Securities Outside Stock Equity | - | - | - | - |
| Other | ||||
| Treasury Shares Number | $24,468,750 | $18,568,750 | $0 | - |
| Ordinary Shares Number | $420,065,944 | $385,654,278 | $276,733,329 | $145,492,971 |
| Share Issued | $444,534,694 | $404,223,028 | $276,733,329 | $145,492,971 |
| Tangible Book Value | $84,988,000 | $235,172,000 | $213,216,000 | $108,481,000 |
| Invested Capital | $5,311,556,000 | $722,674,000 | $336,737,000 | $236,802,000 |
| Working Capital | $1,742,425,000 | $229,586,000 | $-92,075,000 | $-111,875,000 |
| Capital Lease Obligations | $24,615,000 | $3,746,000 | $947,000 | $989,000 |
| Total Capitalization | $4,775,473,000 | $731,947,000 | $222,545,000 | $190,721,000 |
| Treasury Stock | $151,509,000 | $118,217,000 | $0 | - |
| Additional Paid In Capital | $1,285,202,000 | $685,261,000 | $472,834,000 | $294,810,000 |
| Capital Stock | $444,000 | $9,677,000 | $9,550,000 | $9,418,000 |
| Common Stock | $444,000 | $404,000 | $277,000 | $145,000 |
| Preferred Stock | $0 | $9,273,000 | $9,273,000 | $9,273,000 |
| Long Term Capital Lease Obligation | $22,598,000 | $3,719,000 | $899,000 | $947,000 |
| Current Capital Lease Obligation | $2,017,000 | $27,000 | $48,000 | $42,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $1,717,000 | $4,552,000 | $4,413,000 | $14,583,000 |
| Current Accrued Expenses | $227,810,000 | $21,493,000 | $6,292,000 | $17,866,000 |
| Dueto Related Parties Current | $200,000 | $1,391,000 | $3,472,000 | $17,878,000 |
| Investments And Advances | $446,008,000 | $0 | $98,613,000 | $98,741,000 |
| Goodwill | $55,457,000 | $0 | - | - |
| Net PPE | $1,731,012,000 | $505,052,000 | $216,227,000 | $203,465,000 |
| Accumulated Depreciation | $-131,752,000 | $-66,072,000 | $-34,984,000 | $-6,667,000 |
| Gross PPE | $1,862,764,000 | $571,124,000 | $251,211,000 | $210,132,000 |
| Leases | $265,010,000 | $91,614,000 | $62,850,000 | $29,880,000 |
| Construction In Progress | $1,069,059,000 | $161,537,000 | $61,047,000 | $89,986,000 |
| Other Properties | $528,126,000 | $317,869,000 | $127,210,000 | $90,266,000 |
| Machinery Furniture Equipment | $569,000 | $104,000 | $104,000 | $0 |
| Properties | $0 | $0 | $0 | $0 |
| Investmentsin Joint Venturesat Cost | - | - | - | $98,741,000 |
| Duefrom Related Parties Current | - | - | - | $0 |
Fetched: 2026-07-04
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-1,183,369,000 | $-292,362,000 | $-70,905,000 | $-106,923,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-123,180,000 | $-24,422,000 | $4,263,000 | $-34,066,000 |
| Cash From Discontinued Operating Activities | $0 | $0 | $103,000 | $-1,804,000 |
| Cash Flow From Continuing Operating Activities | $-123,180,000 | $-24,422,000 | $4,160,000 | $-32,262,000 |
| Operating Gains Losses | $438,818,000 | $-1,841,000 | $7,325,000 | $17,197,000 |
| Investing Activities | ||||
| Capital Expenditure | $-1,060,189,000 | $-267,940,000 | $-75,168,000 | $-72,857,000 |
| Investing Cash Flow | $-1,368,945,000 | $-91,159,000 | $-78,013,000 | $-94,047,000 |
| Cash Flow From Continuing Investing Activities | $-1,368,945,000 | $-91,159,000 | $-78,013,000 | $-94,047,000 |
| Net Other Investing Changes | - | - | - | $13,266,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-33,304,000 | $-118,217,000 | $0 | $0 |
| Issuance Of Capital Stock | $0 | $188,715,000 | $135,917,000 | $56,892,000 |
| Financing Cash Flow | $4,940,835,000 | $335,207,000 | $119,866,000 | $89,981,000 |
| Cash Flow From Continuing Financing Activities | $4,940,835,000 | $335,207,000 | $119,866,000 | $89,981,000 |
| Net Other Financing Charges | $-129,081,000 | $-86,807,000 | $-13,202,000 | $2,117,000 |
| Net Preferred Stock Issuance | $-12,000 | $0 | $0 | $9,566,000 |
| Net Common Stock Issuance | $-33,292,000 | $70,498,000 | $135,917,000 | $47,326,000 |
| Common Stock Issuance | $0 | $188,715,000 | $135,917,000 | $47,326,000 |
| Preferred Stock Issuance | - | $0 | $0 | $9,566,000 |
| Other | ||||
| Repayment Of Debt | $-9,159,000 | $-140,342,000 | $-6,599,000 | $-15,306,000 |
| Issuance Of Debt | $5,106,693,000 | $487,050,000 | $1,250,000 | $40,578,000 |
| Interest Paid Supplemental Data | $13,999,000 | $6,957,000 | $19,572,000 | $13,989,000 |
| Income Tax Paid Supplemental Data | $0 | $0 | $0 | $0 |
| End Cash Position | $3,722,775,000 | $274,065,000 | $54,439,000 | $8,323,000 |
| Beginning Cash Position | $274,065,000 | $54,439,000 | $8,323,000 | $46,455,000 |
| Changes In Cash | $3,448,710,000 | $219,626,000 | $46,116,000 | $-38,132,000 |
| Proceeds From Stock Option Exercised | $5,686,000 | $4,808,000 | $2,500,000 | $5,700,000 |
| Preferred Stock Payments | $-12,000 | $0 | $0 | - |
| Common Stock Payments | $-33,292,000 | $-118,217,000 | $0 | $0 |
| Net Issuance Payments Of Debt | $5,097,534,000 | $346,708,000 | $-5,349,000 | $25,272,000 |
| Net Long Term Debt Issuance | $5,097,534,000 | $346,708,000 | $-5,349,000 | $37,162,000 |
| Long Term Debt Payments | $-9,159,000 | $-140,342,000 | $-6,599,000 | $0 |
| Long Term Debt Issuance | $5,106,693,000 | $487,050,000 | $1,250,000 | $37,162,000 |
| Net Business Purchase And Sale | $-471,731,000 | $86,086,000 | $-2,845,000 | $-46,172,000 |
| Sale Of Business | $0 | $86,086,000 | $0 | $0 |
| Purchase Of Business | $-471,731,000 | $0 | $-2,845,000 | $-46,172,000 |
| Net Intangibles Purchase And Sale | $151,327,000 | $67,371,000 | $0 | $0 |
| Sale Of Intangibles | $151,327,000 | $67,371,000 | $0 | $0 |
| Net PPE Purchase And Sale | $-1,048,541,000 | $-244,616,000 | $-75,168,000 | $-61,141,000 |
| Sale Of PPE | $11,648,000 | $23,324,000 | $0 | $11,716,000 |
| Purchase Of PPE | $-1,060,189,000 | $-267,940,000 | $-75,168,000 | $-72,857,000 |
| Change In Working Capital | $71,371,000 | $-10,104,000 | $-10,609,000 | $13,162,000 |
| Change In Other Working Capital | $24,062,000 | - | - | - |
| Change In Other Current Liabilities | $-1,179,000 | $-11,113,000 | $-42,000 | $175,000 |
| Change In Other Current Assets | $-11,504,000 | $-178,000 | $95,000 | $-1,040,000 |
| Change In Payables And Accrued Expense | $67,039,000 | $1,914,000 | $-10,216,000 | $16,813,000 |
| Change In Accrued Expense | $70,842,000 | $694,000 | $-931,000 | $5,916,000 |
| Change In Payable | $-3,803,000 | $1,220,000 | $-9,285,000 | $10,897,000 |
| Change In Account Payable | $-3,238,000 | $740,000 | $-7,272,000 | $10,197,000 |
| Change In Prepaid Assets | $-6,592,000 | $2,047,000 | $555,000 | $-3,601,000 |
| Change In Receivables | $-455,000 | $-2,774,000 | $-1,001,000 | $815,000 |
| Changes In Account Receivables | $-914,000 | $0 | $0 | - |
| Other Non Cash Items | $-116,603,000 | $-29,967,000 | $42,612,000 | $18,431,000 |
| Stock Based Compensation | $50,909,000 | $30,927,000 | $5,859,000 | $1,568,000 |
| Unrealized Gain Loss On Investment Securities | $612,000 | $-2,200,000 | $0 | $0 |
| Asset Impairment Charge | $0 | $0 | $3,043,000 | $1,457,000 |
| Deferred Tax | $76,000 | $0 | $0 | $-256,000 |
| Deferred Income Tax | $76,000 | $0 | $0 | $-256,000 |
| Depreciation Amortization Depletion | $93,053,000 | $61,181,000 | $29,351,000 | $6,970,000 |
| Depreciation And Amortization | $93,053,000 | $61,181,000 | $29,351,000 | $6,970,000 |
| Depreciation | $93,053,000 | $61,181,000 | $29,351,000 | $6,970,000 |
| Earnings Losses From Equity Investments | $4,130,000 | $-3,363,000 | $9,290,000 | $15,712,000 |
| Gain Loss On Investment Securities | $429,793,000 | - | $-3,174,000 | $-569,000 |
| Gain Loss On Sale Of PPE | $4,895,000 | $17,824,000 | $1,209,000 | $0 |
| Gain Loss On Sale Of Business | $0 | $-22,602,000 | $0 | $0 |
| Net Income From Continuing Operations | $-661,416,000 | $-72,418,000 | $-73,421,000 | $-90,791,000 |
| Net Short Term Debt Issuance | - | $0 | $0 | $-11,890,000 |
| Short Term Debt Payments | - | $0 | $0 | $-15,306,000 |
| Short Term Debt Issuance | - | $0 | $0 | $3,416,000 |
| Net Investment Purchase And Sale | - | $67,371,000 | $0 | $0 |
| Sale Of Investment | - | $67,371,000 | $0 | $0 |
Fetched: 2026-07-04