FY2025 · ended Dec 31, 2025 · Revenue $151.56M, +8.2% YoY · Filed Feb 27, 2026
Terawulf Inc. (WULF) files with the SEC under industry code 6199, Finance Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $151.6 million and a net loss of $661.4 million. Free cash flow was -$1.2 billion. As of Jun 30, 2026 it held $2.6 billion in cash and investments and $23.6 million in total debt.
Revenue (TTM)
$95.34M
-33.8% vs year-ago TTM
Net income (TTM)
$-1.95B
-1379.8% vs year-ago TTM
Operating cash flow (TTM)
$-279.16M
-350.5% vs year-ago TTM
Free cash flow (TTM)
$-2.50B
-456.5% vs year-ago TTM
EPS (TTM)
$-4.51
-1221.3% vs year-ago TTM
Dividend per share (TTM)
$0.00
Shares outstanding
424.07M
+10.7% vs prior year
Net cash
$2.60B
as of Jun 30, 2026
Operating margin
-433.8%
FY 2026
Company profile
- Industry
- Finance Services (SIC 6199)
- Listed as
- WULF (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Easton, MD
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1083301
- Former names
- IKONICS CORP (until Dec 13, 2021); CHROMALINE CORP (until Nov 22, 2002)
Other Finance Services companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2020 Dec 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $151.6M | $140.1M | $69.2M | $15.0M | $13.4M |
| Operating income | -$186.2M | -$76.2M | -$29.4M | -$43.7M | -$1.8M |
| Net income | -$661.4M | -$72.4M | -$73.4M | -$90.8M | -$439,320 |
| Diluted EPS | -$1.66 | -$0.21 | -$0.35 | -$0.82 | -$0.22 |
| Operating cash flow | -$123.2M | -$24.4M | $4.3M | -$34.1M | -$398,828 |
| Free cash flow | -$1.2B | -$292.4M | -$70.9M | -$95.2M | -$548,744 |
| Total assets | $6.6B | $787.5M | $378.1M | $317.7M | $15.4M |
| Total liabilities | $6.4B | $543.1M | $155.6M | $199.9M | $3.6M |
| Stockholders' equity | $140.4M | $244.4M | $222.5M | $117.8M | $11.8M |
| Cash and investments | $3.3B | $274.1M | $54.4M | $1.3M | $3.7M |
| Total debt | $3.1B | $3.7M | $124.5M | $125.9M | $2.7M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement, Regulation FD disclosure, Other events
|
Nov 4, 2026 | Nov 4, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Oct 23, 2026 | Oct 23, 2026 |
| 8-K |
Current report
Other events
|
Oct 5, 2026 | Oct 1, 2026 |
| 10-Q | Quarterly report | Aug 5, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 5, 2026 | Aug 5, 2026 |
| 8-K |
Current report
Other events
|
Jul 6, 2026 | Jul 6, 2026 |
All 1001 Terawulf Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.