Terawulf (WULF) Cost of Revenue (2010 - 2026)

Terawulf has disclosed Cost of Revenue across 17 years of filings, most recently posting $12.4 million for Q2 2026.

• In Q2 2026, Cost of Revenue fell 43.88% year-over-year to $12.4 million; the TTM figure through Jun 2026 stood at $50.8 million (down 37.26% YoY), while the FY2025 annual figure was $82.7 million, up 32.03% from the prior year.
• Cost of Revenue came in at $12.4 million for Q2 2026 at Terawulf, up from $2.4 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $24.6 million in Q1 2025 to a low of $32000.0 in Q1 2022.
• Average Cost of Revenue over 5 years is $11.0 million, with a median of $10.7 million recorded in 2023.
• Year-over-year, Cost of Revenue plunged 98.46% in 2022 and jumped 15531.25% in 2023.
• Over 5 years, Cost of Revenue stood at $5.3 million in 2022, then soared by 69.2% to $8.9 million in 2023, then soared by 119.68% to $19.6 million in 2024, then dropped by 3.72% to $18.9 million in 2025, then sank by 34.37% to $12.4 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $12.4 million in Q2 2026, $2.4 million in Q1 2026, and $18.9 million in Q4 2025.