The table below shows TERAWULF INC.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$168.46M
$140.05M
$69.23M
-
-
-
Cost of revenue
$82.66M
$62.61M
$27.32M
$11.08M
-
$9.53M
Gross profit
$66.05M
$69.79M
$37.02M
$3.95M
-
$3.91M
R&D
-
-
-
-
-
$671.49K
SG&A
WULF annual revenue (10-K history)
TERAWULF INC. reported annual revenue of $168.46M for fiscal year 2025. That is up 20.3% from $140.05M in fiscal 2024. Over the 7 fiscal years shown, annual revenue grew from $17.24M (FY 2017) to $168.46M. Figures come from the company's audited annual reports as filed with the SEC.