Terawulf (WULF) Accumulated Expenses (2010 - 2026)
Terawulf's (WULF) quarterly Accumulated Expenses came in at $287.5 million in Q2 2026, up 1273.51% year-over-year from $20.9 million in Q2 2025, and up 42.46% quarter-over-quarter from $201.8 million in Q1 2026.
Analysis
Terawulf (WULF) Accumulated Expenses (2010 - 2026) Analysis & Trends
Terawulf has disclosed Accumulated Expenses across 17 years of filings, most recently posting $287.5 million for Q2 2026.
- In Q2 2026, Accumulated Expenses rose 1273.51% year-over-year to $287.5 million; the TTM figure through Jun 2026 stood at $287.5 million (up 1273.51% YoY), while the FY2025 annual figure was $102.6 million, up 520.96% from the prior year.
- Accumulated Expenses came in at $287.5 million for Q2 2026 at Terawulf, up from $201.8 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $287.5 million in Q2 2026 to a low of $95000.0 in Q2 2023.
- Average Accumulated Expenses over 5 years is $42.8 million, with a median of $4.7 million recorded in 2022.
- Year-over-year, Accumulated Expenses plunged 84.6% in 2023 and surged 3092.63% in 2024.
- Over 5 years, Accumulated Expenses stood at $2.9 million in 2022, then jumped by 52.02% to $4.4 million in 2023, then soared by 274.35% to $16.5 million in 2024, then jumped by 520.96% to $102.6 million in 2025, then soared by 180.23% to $287.5 million in 2026.
- Per Business Quant data, the three most recent Accumulated Expenses figures were $287.5 million in Q2 2026, $201.8 million in Q1 2026, and $102.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 287.46 Mn |
| Mar 31, 2026 | 201.78 Mn |
| Dec 31, 2025 | 102.58 Mn |
| Sep 30, 2025 | 51.97 Mn |
| Jun 30, 2025 | 20.93 Mn |
| Mar 31, 2025 | 19.53 Mn |
| Dec 31, 2024 | 16.52 Mn |
| Sep 30, 2024 | 5.04 Mn |
| Jun 30, 2024 | 3.03 Mn |
| Mar 31, 2024 | 938,000.00 |
| Dec 31, 2023 | 4.41 Mn |
| Sep 30, 2023 | 724,000.00 |
| Jun 30, 2023 | 95,000.00 |
| Mar 31, 2023 | 729,000.00 |
| Dec 31, 2022 | 2.90 Mn |
| Sep 30, 2022 | 4.70 Mn |
| Mar 31, 2022 | 4.53 Mn |
| Dec 31, 2021 | 3.89 Mn |
| Sep 30, 2021 | 419,574.00 |
| Jun 30, 2021 | 466,547.00 |