The table below shows TERAWULF INC.'s income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
$34.01M
$50.58M
-
$34.41M
$27.06M
-
Cost of revenue
$2.36M
$17.12M
$22.09M
$24.55M
$14.66M
$13.92M
Gross profit
$20.45M
$28.95M
-
$6.96M
$10.81M
$21.66M
R&D
-
-
-
-
-
-
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.