Terawulf WULF
NASDAQ WULF
$15.40 +0.91 (+6.31%)
As of: Sep 16, 2026 · 3:59 PM EDT

Terawulf (WULF) Free Cash Flow (2010 - 2026)

Terawulf's (WULF) quarterly Free Cash Flow came in at -$992.3 million in Q2 2026, down 467.82% year-over-year from $269.8 million in Q2 2025, and down 83.57% quarter-over-quarter from -$540.5 million in Q1 2026.

Analysis

Terawulf (WULF) Free Cash Flow (2010 - 2026) Analysis & Trends

Terawulf has disclosed Free Cash Flow across 17 years of filings, most recently posting -$992.3 million for Q2 2026.

  • In Q2 2026, Free Cash Flow fell 467.82% year-over-year to -$992.3 million; the TTM figure through Jun 2026 stood at -$2.5 billion (down 456.54% YoY), while the FY2025 annual figure was -$1.2 billion, down 304.76% from the prior year.
  • Free Cash Flow came in at -$992.3 million for Q2 2026 at Terawulf, down from -$540.5 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of -$6.6 million in Q2 2023 to a low of -$992.3 million in Q2 2026.
  • Average Free Cash Flow over 5 years is -$176.4 million, with a median of -$33.7 million recorded in 2024.
  • Year-over-year, Free Cash Flow soared 89.38% in 2022 and sank 1353.08% in 2026.
  • Over 5 years, Free Cash Flow stood at -$11.6 million in 2022, then slumped by 94.37% to -$22.6 million in 2023, then plunged by 768.91% to -$196.4 million in 2024, then plunged by 258.1% to -$703.2 million in 2025, then sank by 41.12% to -$992.3 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were -$992.3 million in Q2 2026, -$540.5 million in Q1 2026, and -$703.2 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Equinix 100.35 Bn 98.13 Bn 1.40 Bn -511.00 Mn
2 Terawulf 7.45 Bn 4.69 Bn 32.37 Mn -992.27 Mn
3 Cipher Digital 6.82 Bn 2.80 Bn 9.79 Mn -653.84 Mn
4 Applied Digital 6.71 Bn 2.74 Bn 97.29 Mn -1.16 Bn
5 GDS Holdings 5.78 Bn 3.59 Bn 97.89 Mn 207.99 Mn
6 Core Scientific 5.48 Bn 3.54 Bn 70.04 Mn -583.95 Mn
7 Vnet 1.63 Bn 636.30 Mn 74.45 Mn 254.27 Mn
8 Sify Technologies 1.44 Bn 1.44 Bn 51.65 Mn -
9 WhiteFiber 666.74 Mn 606.37 Mn 18.88 Mn -
10 Vulcan Infrastructure & Power 432.00 Mn 428.80 Mn -1.25 Mn -4.34 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -992.27 Mn
Mar 31, 2026 -540.55 Mn
Dec 31, 2025 -703.16 Mn
Sep 30, 2025 -268.26 Mn
Jun 30, 2025 -174.75 Mn
Mar 31, 2025 -37.20 Mn
Dec 31, 2024 -196.36 Mn
Sep 30, 2024 -41.65 Mn
Jun 30, 2024 -30.22 Mn
Mar 31, 2024 -24.13 Mn
Dec 31, 2023 -22.60 Mn
Sep 30, 2023 -23.01 Mn
Jun 30, 2023 -6.60 Mn
Mar 31, 2023 -18.70 Mn
Dec 31, 2022 -11.63 Mn
Sep 30, 2022 -14.55 Mn
Jun 30, 2022 -26.01 Mn
Mar 31, 2022 -43.00 Mn
Dec 31, 2021 -109.47 Mn
Sep 30, 2021 -41.10 Mn