TeraWulf Inc. WULF R2KR3KAIFINANCIAL
Company Overview
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.
Why Investors Should Care
Revenue has grown at a 18.0% CAGR over the past five years.
Recent Developments
- Dec 2025 Revenue of $168.46M (+20.3% YoY); net profit $-661.42M.
- Trailing 12 Months Year-on-year growth — revenue -6.0%.
- 5-Year Trend Long-term compounding — revenue CAGR 18.0%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 18.04% |
| 1 Year: | -6.00% |
Stock Price Performance
| 1 Year: | +202.38% |
| 6 Months: | +20.07% |
| 3 Months: | -31.21% |
| 1 Month: | -6.30% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
TeraWulf operates sustainably powered data centres for bitcoin mining and is building high-performance computing/AI hosting capacity.
Zero-carbon-powered data centres for bitcoin mining and emerging HPC/AI hosting.
- HPC/AI hosting TeraWulf is developing HPC/AI hosting capacity on its power-rich, sustainable sites.
- Sustainable power Predominantly zero-carbon power underpins competitive, clean compute.
- Capacity build-out It is converting and expanding capacity toward AI-compute demand.
- Crypto miner with sustainable power pivoting toward AI/HPC hosting.
- Clean-energy positioning is attractive for AI compute.
- Loss-making, crypto-exposed and capital-intensive — speculative.
- Execution on AI hosting and financing are key risks.
Curated from public filings and analyst commentary; figures are illustrative.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 18.0% over 5 years.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading 43.0% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | WULF TeraWulf Inc. R2KR3KAIFINANCIAL | 16.51 | -3.81 | $8.24B | 0.00% | -3.53% | - | 18.04% | - |
| 2 | JPM JPMorgan Chase & Co. SPXR3KFINANCIAL | 358.64 | 15.37 | $953.34B | 1.68% | - | 17.79% | 12.50% | 14.83% |
| 3 | BRK-B Berkshire Hathaway Inc. SPXFINANCIAL | 506.03 | 15.07 | $707.59B | 0.00% | - | 10.50% | 4.18% | 9.44% |
| 4 | V Visa Inc. SPXR3KFINANCIAL | 374.00 | 31.86 | $637.34B | 0.72% | 37.15% | 61.19% | 14.33% | 13.04% |
| 5 | MA Mastercard Incorporated SPXR3KFINANCIAL | 579.21 | 31.82 | $503.60B | 0.60% | 60.19% | - | 12.29% | 19.21% |
| 6 | BAC Bank of America Corporation SPXR3KFINANCIAL | 62.68 | 14.48 | $438.31B | 2.03% | - | 11.20% | 3.14% | 4.27% |
| 7 | BRK-A Berkshire Hathaway Inc. FINANCIAL | 759,350.00 | 15.07 | $384.00B | 0.00% | - | 10.50% | 7.60% | 10.02% |
| 8 | HSBC HSBC Holdings plc FINANCIAL | 107.11 | 15.30 | $367.34B | 3.62% | - | 13.10% | 9.75% | 12.72% |
| 9 | MS Morgan Stanley SPXR3KFINANCIAL | 217.72 | 17.59 | $342.26B | 2.15% | - | 17.97% | 3.76% | 9.66% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2014 | Jun 2014 | Sep 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | 3.63M | 4.69M | 3.98M | 4.07M | 4.63M | 4.65M | 3.53M | 4.60M | 4.53M | 3.50M | 2.57M | 3.13M | 3.07M | 4.25M | 4.74M | - | - | - | - | - | - | - | - | - | - | 34.41M | 47.64M | 50.58M | 35.84M | 34.01M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 24.55M | 22.09M | 17.12M | 18.89M | 2.36M | - |
| Gross Profit | 1.76M | 1.71M | 1.63M | 1.10M | 1.64M | 1.62M | 1.30M | 1.52M | 1.67M | 1.09M | 1.44M | 1.32M | 1.36M | 1.66M | 1.53M | 1.01M | 1.43M | 1.41M | 1.15M | 384.89K | 873.78K | 996.33K | 1.43M | 1.58M | 185.00K | 794.00K | -1.32M | 6.53M | 10.34M | 10.69M | 28.02M | 21.66M | 10.81M | - | 9.85M | 25.54M | 33.45M | 16.94M | 31.65M | 8.93M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 69.48M | 35.70M | 47.34M | 103.58M | 168.10M | - |
| Operating Income | 315.17K | 292.98K | 176.66K | -470.77K | 194.68K | 189.39K | -320.31K | 49.92K | 159.69K | -586.16K | -135.08K | -150.19K | -140.64K | 196.88K | -21.94K | -551.69K | -180.90K | -153.81K | -811.37K | -1.02M | -242.51K | -322.18K | -4.27M | -6.03M | -9.17M | -7.82M | -13.37M | -9.22M | -5.84M | -9.69M | -2.32M | -6.76M | -15.71M | - | -59.63M | -10.16M | -13.89M | -86.63M | -136.44M | -140.45M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -41.11M | 5.18M | -417.55M | -30.43M | -318.71M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.05M | 4.01M | 9.83M | 62.36M | 67.07M | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -61.42M | -18.37M | -455.05M | -122.37M | -416.13M | - |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 76.00K | 28.00K | - |
| Net Income | 204.91K | 198.43K | 138.97K | -228.95K | 27.72K | 116.76K | -192.81K | 39.23K | 82.27K | -378.90K | -105.07K | -110.95K | -130.74K | 145.34K | -24.75K | -455.03K | -115.71K | -162.74K | -587.01K | -1.04M | -274.00K | -321.64K | -4.41M | -6.22M | -18.18M | -13.67M | -33.99M | -26.26M | -17.54M | -19.10M | -9.61M | -10.88M | -22.73M | - | -61.42M | -18.37M | -455.05M | -126.58M | -427.63M | -939.92M |
| Diluted EPS | 0.10 | 0.10 | 0.07 | -0.11 | 0.01 | 0.06 | -0.10 | 0.02 | 0.04 | -0.19 | -0.05 | -0.06 | -0.07 | 0.07 | -0.01 | -0.23 | -0.06 | -0.08 | -0.30 | -0.53 | -0.14 | -0.16 | -0.05 | -0.07 | -0.18 | -0.14 | -0.32 | -0.16 | -0.08 | -0.09 | -0.03 | -0.03 | -0.06 | - | -0.16 | -0.05 | -1.13 | - | -1.01 | -1.94 |
| R&D Expense | 143.33K | 177.48K | 169.15K | 155.84K | 192.54K | 157.81K | 177.86K | 147.12K | 150.18K | 165.77K | 184.70K | 168.69K | 154.08K | 156.47K | 179.91K | 178.84K | 270.46K | 218.47K | 183.58K | 201.23K | 136.52K | 134.92K | 128.90K | 134.61K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16.52M | 16.78M | 17.31M | 17.49M | 18.49M | 17.56M | 17.57M | 17.24M | 18.21M | 17.62M | 13.43M | - | 15.03M | 69.23M | 140.05M | 168.46M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | 11.08M | 27.32M | 62.61M | 82.66M |
| Gross Profit | 6.80M | 6.71M | 6.94M | 6.94M | 6.70M | 6.14M | 6.24M | 5.73M | 6.25M | 5.40M | 3.91M | - | 3.95M | 41.91M | 77.44M | 85.79M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | 46.81M | 70.26M | 138.03M | 256.10M |
| Operating Income | 1.53M | 1.03M | 1.03M | 920.13K | 913.47K | 220.82K | -22.00K | -464.61K | 225.82K | -956.68K | -1.79M | -43.40M | -42.86M | -28.34M | -60.59M | -170.31M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | -38.83M | 161.00K | -17.41M | -483.91M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | 24.68M | 34.81M | 19.79M | 80.25M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | -70.48M | -64.00M | -98.38M | -657.21M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | -256.00K | 0 | 0 | 76.00K |
| Net Income | 1.11M | 698.26K | 693.93K | 682.17K | 648.77K | 135.01K | -65.06K | -226.15K | 139.47K | -813.56K | -439.32K | -95.68M | -90.79M | -73.42M | -72.42M | -661.42M |
| Diluted EPS | 0.56 | 0.35 | 0.35 | 0.34 | 0.32 | 0.07 | -0.03 | -0.11 | 0.07 | -0.41 | -0.22 | -1.13 | -0.82 | -0.35 | -0.21 | -1.66 |
| R&D Expense | 695.59K | 512.26K | 629.78K | 649.33K | 665.00K | 660.40K | 647.07K | 688.69K | 677.24K | 870.28K | 671.49K | - | - | - | - | - |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Feb 2021 | Mar 2021 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | 13.14M | 14.17M | 13.18M | 14.00M | 14.63M | 15.02M | 18.30M | 16.92M | 17.42M | 16.88M | 15.44M | - | 30.00M | 264.91M | 317.69M | 378.11M | 787.51M | 6.56B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14.14M | 62.59M | 281.43M | 3.48B |
| Cash & Equivalents | 1.30M | 1.29M | 1.87M | 967.94K | 1.70M | 1.94M | 2.25M | 1.05M | 929.70K | 1.62M | 963.65K | 3.69M | - | 6.30M | 43.45M | 1.28M | 54.44M | 274.06M | 3.27B |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 475.00K | 1.21M |
| Total Liabilities | - | 948.98K | 1.18M | 1.39M | 1.40M | 1.29M | 1.52M | 4.84M | 3.97M | 4.31M | 4.62M | 3.60M | - | 1.74M | 141.73M | 199.93M | 155.62M | 543.07M | 6.42B |
| Current Liabilities | - | 777.98K | 838.91K | 1.02M | 874.99K | 744.50K | 1.14M | 1.31M | 875.78K | 1.30M | 1.93M | 3.60M | - | 1.74M | 45.86M | 126.02M | 154.66M | 51.84M | 1.74B |
| Long Term Debt | - | - | - | - | - | - | - | 3.08M | 2.95M | 2.82M | 2.69M | - | - | - | 94.63M | 72.97M | 56.00K | 487.50M | 4.64B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 129.31M | 124.47M | 491.25M | 5.20B |
| Total Equity | 11.03M | 12.19M | 12.99M | 11.79M | 12.60M | 13.34M | 13.50M | 13.46M | 12.96M | 13.11M | 12.26M | 11.84M | 0 | 28.27M | 123.18M | 117.75M | 222.49M | 244.44M | 140.44M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 145.49M | 276.73M | 404.22M | 444.53M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 1.60M | 793.53K | - | - | - | - | 916.95K | 204.69K | 1.22M | -477.03K | -398.83K | -24.10M | -34.07M | 4.26M | -24.42M | -123.18M |
| Investing Cash Flow | -1.64M | -288.88K | - | - | - | - | -5.32M | 114.57K | -393.12K | 7.58K | 2.06M | -201.41M | -94.05M | -78.01M | -91.16M | -1.37B |
| Financing Cash Flow | 22.61K | 71.13K | - | - | - | - | 3.20M | -438.27K | -138.21K | -190.03K | 1.07M | 271.97M | 89.98M | 119.87M | 335.21M | 4.94B |
| Capital Expenditure | -189.15K | -621.60K | -566.52K | -762.54K | -434.46K | -2.87M | -2.06M | -230.09K | -543.14K | -478.35K | -149.92K | -109.07M | -72.86M | -75.17M | -267.94M | -1.06B |
| Free Cash Flow | 1.41M | 171.93K | - | - | - | - | -1.15M | -25.40K | 681.62K | -955.38K | -548.74K | -133.17M | -106.92M | -70.91M | -292.36M | -1.18B |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | -38.13M | 46.12M | 219.63M | 3.45B |
| Share Buybacks | 15.13K | 2.08K | - | - | - | - | - | 300.47K | - | 49.59K | - | - | 0 | 0 | 118.22M | 33.29M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 41.2% | 40.0% | 40.1% | 39.7% | 36.3% | 35.0% | 35.5% | 33.2% | 34.3% | 30.6% | 29.1% | - | 26.3% | 60.5% | 55.3% | 50.9% |
| Operating Margin % | 9.3% | 6.1% | 6.0% | 5.3% | 4.9% | 1.3% | -0.1% | -2.7% | 1.2% | -5.4% | -13.3% | - | -285.1% | -40.9% | -43.3% | -101.1% |
| Net Margin % | 6.7% | 4.2% | 4.0% | 3.9% | 3.5% | 0.8% | -0.4% | -1.3% | 0.8% | -4.6% | -3.3% | - | -603.9% | -106.1% | -51.7% | -392.6% |
| ROE % | 9.1% | 5.4% | 5.9% | 5.4% | 4.9% | 1.0% | -0.5% | -1.7% | 1.1% | -6.6% | -3.7% | -77.7% | -77.1% | -33.0% | -29.6% | -470.9% |
| ROCE % | 12.4% | 7.7% | 8.5% | 7.0% | 6.6% | 1.6% | -0.1% | -2.9% | 1.4% | -6.4% | -15.1% | -19.8% | -22.4% | -12.7% | -8.2% | -3.5% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Lone Pine Capital Llc | 4.84% | 24.14M | $370.62M |
| 2 | Blackrock Inc. | 4.69% | 23.39M | $359.08M |
| 3 | Vanguard Portfolio Management LLC | 4.47% | 22.30M | $342.24M |
| 4 | Vanguard Capital Management LLC | 3.59% | 17.90M | $274.72M |
| 5 | FMR, LLC | 2.89% | 14.44M | $221.72M |
| 6 | Value Aligned Research Advisors, LLC | 2.46% | 12.26M | $188.24M |
| 7 | Morgan Stanley | 2.38% | 11.89M | $182.58M |
| 8 | Two Sigma Investments, LP | 2.30% | 11.50M | $176.46M |
| 9 | Geode Capital Management, LLC | 1.59% | 7.92M | $121.51M |
| 10 | Scoggin Management, LP | 1.57% | 7.83M | $120.11M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for WULF
Data Center Stocks Rally With Bitcoin: Cipher Mining Jumps 12%, TeraWulf Surges 8%, IREN Rises 4%
Bitcoin miners turned data center operators are surging today, but the rally reveals a strange disconnect: these stocks still chase the coin even as billion-dollar AI lease deals rewrite what these companies actually are.…
A TeraWulf Director Sold $2 Million After Its $19 Billion Anthropic Deal. Should Investors Care?
TeraWulf reported on September 1 that director Walter Carter sold 130,626 shares at an average price of $15.141 on August 31, a transaction worth approximately $1.98 million. He retained 229,090 directly held shares after the sale. The timi…
TeraWulf (WULF) Stock Looks Fully Priced With Cash Flow And Sales Stretched
TeraWulf stock has produced very large gains over the past few years, yet current valuation checks suggest the shares trade at a premium to what its intrinsic value estimate implies. With both the Discounted Cash Flow (DCF) intrinsic value …
IREN Climbs 4% as Co-CEO Says Debt and Prepayments Can Fund FY27 Capex, TeraWulf Slips
IREN's co-CEO just made a bold claim about how the company funds its massive fiscal 2027 buildout without a big equity raise, and the market is reacting while peers like TeraWulf head in the opposite direction.…
TeraWulf CEO Paul Prager Sells 137,500 Shares for $2.3 Million
Prager maintains a $665.7 million equity stake through direct and indirect holdings.
WULF Stock In Focus: William Blair Says TeraWulf’s Pullback Could Offer 'Favorable' Entry Point, Sees 100% Upside
TeraWulf received a bullish William Blair rating and $31 target as its AI power strategy gains traction.
WULF — Frequently Asked Questions
What is the current share price of TeraWulf Inc. (WULF)?
As of 2026-09-07 16:24 PDT, TeraWulf Inc. (WULF) trades at $16.51 on NasdaqCM. Its 52-week range is $5.46 to $28.98.
What is the market capitalisation of WULF?
TeraWulf Inc. (WULF) has a market capitalisation of $8.24B on NasdaqCM.
What is the P/E ratio of WULF?
WULF trades at a trailing price-to-earnings (P/E) ratio of -3.81. The industry average P/E is 14.52. Its price-to-book (P/B) ratio is -92.32.
Is WULF a good stock to buy?
This page provides a data-driven analysis of TeraWulf Inc. (WULF), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.