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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - |
| 10 | Terawulf | 8.49 Bn | 5.66 Bn | 31.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 359,596.00 |