Terawulf (WULF) Accumulated Expenses (2010 - 2026)

Terawulf (WULF) posted Accumulated Expenses of $114.8 million for Q1 2026, up 11.93% sequentially from $102.6 million in Q4 2025, and up 7494.25% YoY from $1.5 million in Q1 2025.

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

Terawulf (WULF) has 17 years of Accumulated Expenses data on file, last reported at $114.8 million in Q1 2026.

  • Quarterly Accumulated Expenses rose 7494.25% year-over-year to $114.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $114.8 million (up 7494.25% YoY) and the FY2025 annual result came in at $102.6 million, up 3908.68% from the prior year.
  • Accumulated Expenses advanced to $114.8 million in Q1 2026 per WULF's latest filing, from $102.6 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $114.8 million in Q1 2026, with the low at $95000.0 in Q2 2023.
  • Average Accumulated Expenses over 5 years is $17.2 million, with a median of $3.7 million recorded in 2023.
  • Year-over-year, Accumulated Expenses tumbled 84.6% in 2023 and soared 7494.25% in 2026.
  • Terawulf's Accumulated Expenses stood at $2.9 million in 2022, then jumped by 52.02% to $4.4 million in 2023, then slumped by 42.01% to $2.6 million in 2024, then surged by 3908.68% to $102.6 million in 2025, then climbed by 11.93% to $114.8 million in 2026.
  • Business Quant data shows WULF's Accumulated Expenses at $114.8 million in Q1 2026, $102.6 million in Q4 2025, and $6.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn -
2 Goldman Sachs 309.79 Bn -627.76 Bn -
3 Schwab Charles 167.21 Bn 122.24 Bn -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn -
7 Tradeweb Markets 21.59 Bn 20.34 Bn -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn
10 Terawulf 9.97 Bn 7.15 Bn 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