For Q1 FY2026 ended March 31, 2026, TeraWulf reported revenue of $34.0 million, down 1.1% year-over-year. Net loss widened to $427.6 million from a loss of $61.4 million in the prior-year quarter, driven by a 171.9% decline in operating income to a loss of $162.1 million. Diluted EPS was -$1.01, compared to -$0.16 a year ago. The company held $2.63 billion in cash, with long-term debt of $3.10 billion and negative equity of $78.8 million.
•Revenue decreased 1.1% YoY to $34.0 million.
•Net loss expanded to $427.6 million from $61.4 million.
•Operating loss of $162.1 million, down 171.9% YoY.
•Cash and equivalents of $2.63 billion; long-term debt of $3.10 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
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. Founded in 2021, the company is headquartered in Easton, Maryland.
TeraWulf Inc., together with its subsidiaries, owns, develops, and operates digital infrastructure in the United States. The company focuses on developing and operating bitcoin mining facilities that leverage clean, cost-effective, and reliable energy. In addition to bitcoin mining, TeraWulf supports high-performance computing (HPC) workloads, positioning itself as a provider of sustainable digital infrastructure. The company was founded in 2021 and is headquartered in Easton, Maryland.
Where is TeraWulf (WULF) listed and in which currency?
TeraWulf Inc. is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol WULF. The company trades in U.S. dollars (USD), as it is headquartered in the United States. Being listed on a major U.S. exchange provides liquidity and visibility to investors interested in the digital infrastructure and bitcoin mining sector.
What sector and industry does TeraWulf (WULF) operate in?
TeraWulf Inc. operates in the Financial Services sector, specifically within the Capital Markets industry. While its primary activities involve digital infrastructure and bitcoin mining, the classification reflects the company's involvement in capital-intensive projects and market-based operations. The company's focus on developing and operating bitcoin mining facilities and high-performance computing workloads aligns with the capital markets industry, where financing and investment in such assets are key.
Where is TeraWulf (WULF) headquartered and what markets does it serve?
TeraWulf Inc. is headquartered in Easton, Maryland, United States. The company develops and operates digital infrastructure exclusively within the United States, focusing on bitcoin mining and high-performance computing workloads. By leveraging clean, cost-effective, and reliable energy sources, TeraWulf serves the growing demand for sustainable digital infrastructure in the U.S. market. The company was founded in 2021 and has since been building its portfolio of facilities to support both cryptocurrency mining and HPC applications.
What is TeraWulf's (WULF) business model and how does it generate revenue?
TeraWulf Inc. generates revenue primarily through the operation of bitcoin mining facilities that use clean, cost-effective, and reliable energy. The company earns bitcoin rewards for validating transactions on the blockchain, which are then sold or held. Additionally, TeraWulf supports high-performance computing (HPC) workloads, offering its digital infrastructure for compute-intensive tasks beyond cryptocurrency mining. By focusing on low-cost energy sources, the company aims to maintain competitive margins. Founded in 2021 and headquartered in Easton, Maryland, TeraWulf continues to expand its infrastructure to meet demand in both the bitcoin mining and HPC markets.