Terawulf (WULF) Capital Expenditures (2010 - 2026)

Terawulf has disclosed Capital Expenditures across 17 years of filings, most recently posting $523.0 million for Q1 2026.

• Capital Expenditures for Q1 2026 came in at $523.0 million, up 458.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 373.37% YoY), and the FY2025 annual result was $1.1 billion, up 295.68% from the prior year.
• Capital Expenditures came in at $523.0 million for Q1 2026 at Terawulf, down from $615.0 million in the prior quarter.
• In the past five years, Capital Expenditures ranged from a high of $615.0 million in Q4 2025 to a low of $6.0 million in Q2 2023.
• The 5-year median for Capital Expenditures is $33.8 million (2023), against an average of $116.9 million.
• Across the five-year window, Capital Expenditures sank 91.6% in 2022 and soared 1017.18% in 2025, its largest moves.
• Terawulf's Capital Expenditures stood at $7.2 million in 2022, then jumped by 371.14% to $33.8 million in 2023, then jumped by 354.86% to $153.6 million in 2024, then soared by 300.3% to $615.0 million in 2025, then decreased by 14.97% to $523.0 million in 2026.
• The last three Capital Expenditures figures came in at $523.0 million (Q1 2026), $615.0 million (Q4 2025), and $231.6 million (Q3 2025), per Business Quant data.