WULFNasdaqFinance ServicesFiscal year ends December 31

TERAWULF INC.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026

$12.06+0.38 (+3.25%)

Close on Oct 19, 2026

Market cap: $5.86B
P/E (TTM): –
Dividend yield: 0.00%

TERAWULF INC. balance sheet

Annual Quarterly

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31
Cash & Equivalents	3,266	274	54	8.32	46	3.69	0.96	1.62	0.93	1.05	2.25	2.25	1.70	0.97	0.97	1.29	1.30
Short-Term Investments	–	–	–	–	–	0	2.21	2.70	2.90	3.25	0	1.77	1.46	1.44	1.84	2.22	–
Cash & Short-Term Investments	3,266	274	54	8.32	46	3.69	3.17	4.32	3.82	4.29	2.25	4.01	3.17	2.41	2.80	3.51	1.30
Receivables	1.21	0.48	–	–	–	2.12	2.43	2.22	2.19	2.34	2.17	2.10	2.05	2.06	2.18	1.88	–
Inventory	–	–	–	–	–	1.64	2.18	2.05	2.09	1.99	2.12	2.63	2.55	2.68	2.23	2.20	–
Prepaid Expenses & Other	6.27	2.49	4.54	5.10	1.49	0.13	0.91	0.38	0.17	0.36	0.09	0.09	0.10	0.12	0.08	–	–
Other Current Assets	14	0.12	0.81	0.54	0.11	–	–	–	–	–	–	–	–	–	–	–	–
Total Current Assets	3,478	281	63	14	68	7.80	8.69	8.96	8.27	9.05	6.72	8.86	8.05	7.42	8.40	7.81	–
Property, Plant & Equipment	1,508	412	205	192	192	7.39	7.92	8.08	8.30	8.91	7.96	5.42	5.63	5.46	5.44	5.01	–
Gross Property, Plant & Equipment	1,639	478	240	198	198	16	16	16	16	16	14	11	11	10	9.90	9.22	–
Accumulated Depreciation	-132	-66	-35	-6.67	-6.67	-9.09	-8.49	-8.19	-7.69	-7.00	-6.41	-5.79	-5.23	-4.76	-4.46	-4.21	–
Machinery & Equipment	–	–	–	–	–	5.26	5.20	4.96	4.97	4.88	4.28	3.96	3.78	3.22	3.02	2.46	–
Construction in Progress	–	–	–	–	–	–	–	–	–	–	2.49	–	–	–	–	–	–
Equity Method Investments	446	0	99	99	104	–	–	–	–	–	–	–	–	–	–	–	–
Operating Lease Right-of-Use Assets	104	86	11	12	1.02	–	–	–	–	–	–	–	–	–	–	–	–
Goodwill	55	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Intangible Assets	–	–	–	–	–	0.24	0.27	0.38	0.35	0.34	0.34	0.35	0.32	0.31	0.33	0.32	–
Other Long-Term Assets	8.09	1.03	0.68	1.34	0.11	–	–	–	–	–	–	–	–	–	–	–	–
Total Assets	6,558	788	378	318	265	15	17	17	17	18	15	15	14	13	14	13	–
Accounts Payable	65	24	15	22	12	–	–	–	0.32	0.73	–	0.37	0.53	0.59	0.55	0.44	–
Short-Term Debt	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Current Portion of Long-Term Debt	46	0	123	52	–	2.69	0.13	0.13	0.13	0.13	–	–	–	–	–	–	–
Current Debt	46	0	123	52	–	2.69	0.13	0.13	0.13	0.13	–	–	–	–	–	–	–
Current Portion of Leases	2.02	0.03	0.05	0.04	0.09	–	–	–	–	–	–	–	–	–	–	–	–
Current Income Taxes Payable	–	–	–	–	–	–	–	–	–	–	–	–	–	0.08	0	0.01	–
Deferred Revenue (Current)	–	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Other Current Liabilities	0.20	1.39	0.97	3.30	–	–	–	–	–	–	–	–	–	–	–	–	–
Total Current Liabilities	1,736	52	155	126	46	3.60	1.93	1.30	0.88	1.31	1.14	0.74	0.87	1.02	0.84	0.78	–
Long-Term Debt	3,052	0	0.06	73	95	–	2.69	2.82	2.95	3.08	–	–	–	–	–	–	–
Long-Term Leases	22	3.43	0.90	0.95	0.99	–	–	–	–	–	–	–	–	–	–	–	–
Operating Lease Liabilities	24	3.45	0.95	0.99	1.08	–	–	–	–	–	–	–	–	–	–	–	–
Deferred Tax Liabilities	0.08	0	–	–	–	–	–	0.18	0.14	0.45	0.39	0.37	0.53	0.37	0.34	0.17	–
Other Long-Term Liabilities	0.90	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Total Liabilities	6,418	543	156	200	142	3.60	4.62	4.31	3.97	4.84	1.52	1.29	1.40	1.39	1.18	0.95	–
Total Debt	3,099	0	124	125	95	2.69	2.82	2.95	3.08	3.20	–	–	–	–	–	–	–
Preferred Stock	0	9.27	9.27	9.27	–	0	–	–	–	–	–	–	–	–	–	0	–
Common Stock	0.44	0.40	0.28	0.15	0.10	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	0.20	–
Additional Paid-In Capital	1,285	685	473	295	219	2.74	2.72	2.72	2.71	2.73	2.70	2.68	2.59	2.47	2.36	2.26	–
Retained Earnings	-994	-332	-260	-186	-96	8.90	9.34	10	10	11	11	10	9.81	9.12	10	9.73	–
Treasury Stock	-152	-118	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Shareholders' Equity	140	244	222	118	123	12	12	13	13	13	13	13	13	12	13	12	11
Noncontrolling Interest	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Total Equity	140	244	222	118	123	12	12	13	13	13	13	13	13	12	13	12	11
Total Liabilities & Equity	6,558	788	378	318	265	15	17	17	17	18	15	15	14	13	14	13	–
Shares Outstanding(shares)	420	386	277	145	100	89	89	89	89	91	91	91	91	90	89	89	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 40.2%
Operating margin: -250.4%
Net margin: -1179.9%
Return on equity, FY2025: -343.7%

Financial strength

Current ratio: 0.75
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 69.6%

Valuation

P/E ratio: –
Price to sales: 35.46
Price to book: 39.77
Dividend yield: 0.00%