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

Terawulf has reported Cost of Revenue for 17 years, with the latest figure at $2.4 million in Q1 2026.

• Quarterly Cost of Revenue fell 90.38% year-over-year to $2.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $60.5 million (down 16.88% YoY) and the FY2025 annual result came in at $82.7 million, up 32.03% from the prior year.
• Cost of Revenue retreated to $2.4 million in Q1 2026 per WULF's latest filing, from $18.9 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $24.6 million in Q1 2025 and troughed at $32000.0 in Q1 2022.
• A 5-year average of $10.9 million and a median of $8.9 million in 2023 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue sank 98.46% in 2022, then surged 15531.25% in 2023.
• Over 5 years, Cost of Revenue stood at $5.3 million in 2022, then surged by 69.2% to $8.9 million in 2023, then surged by 119.68% to $19.6 million in 2024, then fell by 3.72% to $18.9 million in 2025, then tumbled by 87.5% to $2.4 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $2.4 million, $18.9 million, and $17.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.