Terawulf (WULF) Depreciation and Depletion (2010 - 2026)
Terawulf's (WULF) quarterly Depreciation and Depletion came in at $28.5 million in Q1 2026, up 82.85% year-on-year from $15.6 million in Q1 2025, and up 2.68% quarter-over-quarter from $27.7 million in Q4 2025.
Terawulf (WULF) Depreciation and Depletion (2010 - 2026) Analysis & Trends
Terawulf has disclosed Depreciation and Depletion across 16 years of filings, most recently posting $28.5 million for Q1 2026.
- Depreciation and Depletion for Q1 2026 came in at $28.5 million, up 82.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $101.5 million (up 68.34% YoY), and the FY2025 annual result was $88.6 million, up 48.14% from the prior year.
- Depreciation and Depletion came in at $28.5 million for Q1 2026 at Terawulf, up from $27.7 million in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $28.5 million in Q1 2026 to a low of $4000.0 in Q1 2022.
- The 5-year median for Depreciation and Depletion is $14.1 million (2024), against an average of $12.5 million.
- Across the five-year window, Depreciation and Depletion tumbled 36.59% in 2022 and soared 135725.0% in 2023, its largest moves.
- Terawulf's Depreciation and Depletion stood at $4.9 million in 2022, then surged by 67.04% to $8.3 million in 2023, then surged by 80.81% to $14.9 million in 2024, then soared by 85.59% to $27.7 million in 2025, then gained by 2.68% to $28.5 million in 2026.
- The last three Depreciation and Depletion figures came in at $28.5 million (Q1 2026), $27.7 million (Q4 2025), and $26.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - | - |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - | - |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - | - |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - | - |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn | - |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - | - |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - | - |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - | 7.20 Mn |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn | 1.00 Mn |
| 10 | Terawulf | 2.04 Bn | -780.52 Mn | 31.65 Mn | 28.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.48 Mn |
| Mar 31, 2026 | 28.48 Mn |
| Dec 31, 2025 | 27.74 Mn |
| Dec 31, 2025 | 27.74 Mn |
| Sep 30, 2025 | 26.50 Mn |
| Sep 30, 2025 | 26.50 Mn |
| Jun 30, 2025 | 18.79 Mn |
| Jun 30, 2025 | 18.79 Mn |
| Mar 31, 2025 | 15.57 Mn |
| Mar 31, 2025 | 15.57 Mn |
| Dec 31, 2024 | 14.94 Mn |
| Dec 31, 2024 | 14.94 Mn |
| Sep 30, 2024 | 15.64 Mn |
| Sep 30, 2024 | 15.64 Mn |
| Jun 30, 2024 | 14.13 Mn |
| Jun 30, 2024 | 14.13 Mn |
| Mar 31, 2024 | 15.09 Mn |
| Mar 31, 2024 | 15.09 Mn |
| Dec 31, 2023 | 8.27 Mn |
| Dec 31, 2023 | 8.27 Mn |