Terawulf (WULF) Accumulated Expenses (2010 - 2026)

Terawulf's (WULF) quarterly Accumulated Expenses came in at $114.8 million in Q1 2026, up 7494.25% year-on-year from $1.5 million in Q1 2025, and up 11.93% quarter-over-quarter from $102.6 million in Q4 2025.

Terawulf (WULF) Accumulated Expenses (2010 - 2026) Analysis & Trends

Terawulf has disclosed Accumulated Expenses across 17 years of filings, most recently posting $114.8 million for Q1 2026.

  • Accumulated Expenses for Q1 2026 came in at $114.8 million, up 7494.25% year-over-year; the trailing twelve-month figure through Mar 2026 was $114.8 million (up 7494.25% YoY), and the FY2025 annual result was $102.6 million, up 3908.68% from the prior year.
  • Accumulated Expenses came in at $114.8 million for Q1 2026 at Terawulf, up from $102.6 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $114.8 million in Q1 2026 to a low of $95000.0 in Q2 2023.
  • The 5-year median for Accumulated Expenses is $3.7 million (2023), against an average of $17.2 million.
  • Across the five-year window, Accumulated Expenses sank 84.6% in 2023 and surged 7494.25% in 2026, its largest moves.
  • Terawulf's Accumulated Expenses stood at $2.9 million in 2022, then jumped by 52.02% to $4.4 million in 2023, then sank by 42.01% to $2.6 million in 2024, then surged by 3908.68% to $102.6 million in 2025, then rose by 11.93% to $114.8 million in 2026.
  • The last three Accumulated Expenses figures came in at $114.8 million (Q1 2026), $102.6 million (Q4 2025), and $6.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn -
2 Morgan Stanley 328.23 Bn 194.70 Bn -
3 Goldman Sachs 313.22 Bn -624.33 Bn -
4 Schwab Charles 154.90 Bn 109.92 Bn -
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn
6 Interactive Brokers 38.41 Bn 49.00 Bn -
7 LPL Financial Holdings 23.13 Bn 22.10 Bn -
8 Tradeweb Markets 21.12 Bn 19.87 Bn -
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn
10 Terawulf 2.04 Bn -780.52 Mn 31.65 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 114.83 Mn
Dec 31, 2025 102.58 Mn
Sep 30, 2025 6.22 Mn
Jun 30, 2025 20.93 Mn
Mar 31, 2025 1.51 Mn
Dec 31, 2024 2.56 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
Mar 31, 2021 359,596.00