Terawulf WULF
NASDAQ WULF
$15.40 +0.91 (+6.31%)
As of: Sep 16, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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