Terawulf (WULF) Net Cash Flow (2010 - 2026)
Terawulf's (WULF) quarterly Net Cash Flow came in at -$630.0 million in Q1 2026, down 1027.01% year-on-year from $68.0 million in Q1 2025, and down 120.93% quarter-over-quarter from $3.0 billion in Q4 2025.
Terawulf (WULF) Net Cash Flow (2010 - 2026) Analysis & Trends
Terawulf has disclosed Net Cash Flow across 17 years of filings, most recently posting -$630.0 million for Q1 2026.
- Net Cash Flow for Q1 2026 came in at -$630.0 million, down 1027.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.9 billion (up 1567.99% YoY), and the FY2025 annual result was $3.4 billion, up 1470.26% from the prior year.
- Net Cash Flow came in at -$630.0 million for Q1 2026 at Terawulf, down from $3.0 billion in the prior quarter.
- In the past five years, Net Cash Flow ranged from a high of $3.0 billion in Q4 2025 to a low of -$630.0 million in Q1 2026.
- The 5-year median for Net Cash Flow is -$2.7 million (2022), against an average of $179.2 million.
- Across the five-year window, Net Cash Flow jumped 1512.18% in 2023 and slumped 4803.43% in 2024, its largest moves.
- 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 tumbled by 120.93% to -$630.0 million in 2026.
- The last three Net Cash Flow figures came in at -$630.0 million (Q1 2026), $3.0 billion (Q4 2025), and $621.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - | -730,655.35 |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - | 22.76 Bn |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - | 16.12 Bn |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - | 3.62 Bn |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn | 1.93 Bn |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - | 3.28 Bn |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - | -148.79 Mn |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - | -145.61 Mn |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn | 1.78 Bn |
| 10 | Terawulf | 2.04 Bn | -780.52 Mn | 31.65 Mn | -630.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |