Terawulf (WULF) Accumulated Expenses (2010 - 2026)
Terawulf (WULF) posted Accumulated Expenses of $201.8 million for Q1 2026, up 282.34% sequentially from $52.8 million in Q4 2025, and up 933.39% YoY from $19.5 million in Q1 2025.
Terawulf (WULF) Accumulated Expenses (2010 - 2026) Analysis & Trends
Terawulf has reported Accumulated Expenses for 17 years, with the latest figure at $201.8 million in Q1 2026.
- Quarterly Accumulated Expenses rose 933.39% year-over-year to $201.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $201.8 million (up 933.39% YoY) and the FY2025 annual result came in at $52.8 million, up 219.46% from the prior year.
- Accumulated Expenses improved to $201.8 million in Q1 2026 per WULF's latest filing, from $52.8 million in the prior quarter.
- Over five years, Accumulated Expenses peaked at $201.8 million in Q1 2026 and troughed at $95000.0 in Q2 2023.
- A 5-year average of $20.4 million and a median of $4.3 million in 2022 frame the typical range for Accumulated Expenses.
- The sharpest annual moves came in 2023 and 2024: Accumulated Expenses sank 84.6% in 2023, then soared 3092.63% in 2024.
- Over 5 years, Accumulated Expenses stood at $2.9 million in 2022, then sank by 47.43% to $1.5 million in 2023, then jumped by 982.57% to $16.5 million in 2024, then jumped by 219.46% to $52.8 million in 2025, then soared by 282.34% to $201.8 million in 2026.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $201.8 million, $52.8 million, and $6.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn |
| 10 | Terawulf | 7.54 Bn | 4.78 Bn | 32.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 287.46 Mn |
| Mar 31, 2026 | 201.78 Mn |
| Dec 31, 2025 | 52.78 Mn |
| Sep 30, 2025 | 6.87 Mn |
| Jun 30, 2025 | 4.08 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 | 1.53 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 |