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

Terawulf (WULF) posted Net Cash Flow of -$630.0 million for Q1 2026, down 120.93% sequentially from $3.0 billion in Q4 2025, and down 1027.01% YoY from $68.0 million in Q1 2025.

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

Terawulf (WULF) has 17 years of Net Cash Flow data on file, last reported at -$630.0 million in Q1 2026.

  • Quarterly Net Cash Flow fell 1027.01% year-over-year to -$630.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.9 billion (up 1567.99% YoY) and the FY2025 annual result came in at $3.4 billion, up 1470.26% from the prior year.
  • Net Cash Flow retreated to -$630.0 million in Q1 2026 per WULF's latest filing, from $3.0 billion in the prior quarter.
  • The five-year high for Net Cash Flow was $3.0 billion in Q4 2025, with the low at -$630.0 million in Q1 2026.
  • Average Net Cash Flow over 5 years is $179.2 million, with a median of -$2.7 million recorded in 2022.
  • Year-over-year, Net Cash Flow surged 1512.18% in 2023 and plunged 4803.43% in 2024.
  • Terawulf's Net Cash Flow stood at -$3.4 million in 2022, then surged by 1512.18% to $48.1 million in 2023, then soared by 419.72% to $250.1 million in 2024, then jumped by 1103.4% to $3.0 billion in 2025, then plunged by 120.93% to -$630.0 million in 2026.
  • Business Quant data shows WULF's Net Cash Flow at -$630.0 million in Q1 2026, $3.0 billion in Q4 2025, and $621.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) NCF (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 22.76 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 16.12 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 3.62 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 1.93 Bn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -148.79 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -145.61 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 1.78 Bn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -1.05 Bn
10 Terawulf 9.97 Bn 7.15 Bn 31.65 Mn -630.03 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -630.03 Mn
Mar 31, 2026 -630.03 Mn
Dec 31, 2025 3.01 Bn
Dec 31, 2025 3.01 Bn
Sep 30, 2025 621.34 Mn
Sep 30, 2025 621.34 Mn
Jun 30, 2025 -126.74 Mn
Jun 30, 2025 -126.74 Mn
Mar 31, 2025 -55.90 Mn
Mar 31, 2025 -55.90 Mn
Dec 31, 2024 250.13 Mn
Dec 31, 2024 250.13 Mn
Sep 30, 2024 -80.17 Mn
Sep 30, 2024 -80.17 Mn
Jun 30, 2024 58.29 Mn
Jun 30, 2024 58.29 Mn
Mar 31, 2024 -8.62 Mn
Mar 31, 2024 -8.62 Mn
Dec 31, 2023 48.13 Mn
Dec 31, 2023 48.13 Mn