Cash Flow Statement
Growth Metrics

Terawulf (WULF) Accumulated Expenses (2016 - 2026)

Terawulf's Accumulated Expenses history spans 16 years, with the latest figure at $1.7 million for Q4 2025.

  • On a quarterly basis, Accumulated Expenses fell 62.28% to $1.7 million in Q4 2025 year-over-year; TTM through Dec 2025 was $1.7 million, a 62.28% decrease, with the full-year FY2025 number at $1.7 million, down 62.28% from a year prior.
  • Accumulated Expenses hit $1.7 million in Q4 2025 for Terawulf, down from $6.2 million in the prior quarter.
  • Over the last five years, Accumulated Expenses for WULF hit a ceiling of $20.9 million in Q2 2025 and a floor of $95000.0 in Q2 2023.
  • Historically, Accumulated Expenses has averaged $3.4 million across 5 years, with a median of $1.7 million in 2025.
  • Biggest five-year swings in Accumulated Expenses: plummeted 84.6% in 2023 and later soared 3092.63% in 2024.
  • Tracing WULF's Accumulated Expenses over 5 years: stood at $3.9 million in 2021, then fell by 25.41% to $2.9 million in 2022, then tumbled by 47.43% to $1.5 million in 2023, then surged by 198.3% to $4.6 million in 2024, then plummeted by 62.28% to $1.7 million in 2025.
  • Business Quant data shows Accumulated Expenses for WULF at $1.7 million in Q4 2025, $6.2 million in Q3 2025, and $20.9 million in Q2 2025.