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Accumulated Depreciation & AmortizationCost of RevenueDepreciation ExpenseEBIATLeasesLong-Term Debt IssuancesOther Gross PP&E AdjustmentsProperty, Plant & Equipment (Gross)Receivables - NetShares Repurchased
Ratios

Terawulf (WULF) Depreciation Expense (2022 - 2025)

Terawulf's Depreciation Expense history spans 4 years, with the latest figure at $27.7 million for Q4 2025.

  • For Q4 2025, Depreciation Expense rose 85.59% year-over-year to $27.7 million; the TTM value through Dec 2025 reached $88.6 million, up 48.14%, while the annual FY2025 figure was $88.6 million, 48.14% up from the prior year.
  • Depreciation Expense for Q4 2025 was $27.7 million at Terawulf, up from $26.5 million in the prior quarter.
  • Across five years, Depreciation Expense topped out at $4.0 billion in Q1 2022 and bottomed at -$4.0 billion in Q2 2022.
  • The 4-year median for Depreciation Expense is $14.5 million (2024), against an average of $11.5 million.
  • The largest YoY upside for Depreciation Expense was 442.84% in 2023 against a maximum downside of 99.86% in 2023.
  • A 4-year view of Depreciation Expense shows it stood at $4.9 million in 2022, then soared by 67.04% to $8.3 million in 2023, then soared by 80.81% to $14.9 million in 2024, then skyrocketed by 85.59% to $27.7 million in 2025.
  • Per Business Quant, the three most recent readings for WULF's Depreciation Expense are $27.7 million (Q4 2025), $26.5 million (Q3 2025), and $18.8 million (Q2 2025).