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Terawulf (WULF) Free Cash Flow (2016 - 2025)

Terawulf's Free Cash Flow history spans 16 years, with the latest figure at -$703.2 million for Q4 2025.

  • For Q4 2025, Free Cash Flow fell 258.1% year-over-year to -$703.2 million; the TTM value through Dec 2025 reached -$1.2 billion, down 304.76%, while the annual FY2025 figure was -$1.2 billion, 304.76% down from the prior year.
  • Free Cash Flow for Q4 2025 was -$703.2 million at Terawulf, down from -$268.3 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at -$6.7 million in Q2 2023 and bottomed at -$703.2 million in Q4 2025.
  • The 5-year median for Free Cash Flow is -$26.0 million (2022), against an average of -$97.8 million.
  • The largest annual shift saw Free Cash Flow plummeted 3976.92% in 2021 before it skyrocketed 74.3% in 2023.
  • A 5-year view of Free Cash Flow shows it stood at -$22.9 million in 2021, then skyrocketed by 57.16% to -$9.8 million in 2022, then plummeted by 132.96% to -$22.9 million in 2023, then tumbled by 758.17% to -$196.4 million in 2024, then crashed by 258.1% to -$703.2 million in 2025.
  • Per Business Quant, the three most recent readings for WULF's Free Cash Flow are -$703.2 million (Q4 2025), -$268.3 million (Q3 2025), and -$174.8 million (Q2 2025).