Terawulf (WULF) Net Income (2010 - 2026)
Terawulf's (WULF) quarterly Net Income came in at -$416.2 million in Q1 2026, down 577.58% year-on-year from $87.1 million in Q1 2025, and down 239.86% quarter-over-quarter from -$122.4 million in Q4 2025.
Terawulf (WULF) Net Income (2010 - 2026) Analysis & Trends
Terawulf has disclosed Net Income across 16 years of filings, most recently posting -$416.2 million for Q1 2026.
- Net Income for Q1 2026 came in at -$416.2 million, down 577.58% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.0 billion (down 1547.76% YoY), and the FY2023 annual result was -$129000.0, up 97.34% from the prior year.
- Net Income came in at -$416.2 million for Q1 2026 at Terawulf, down from -$122.4 million in the prior quarter.
- In the past five years, Net Income ranged from a high of -$3000.0 in Q2 2023 to a low of -$455.0 million in Q3 2025.
- The 4-year median for Net Income is -$901000.0 (2022), against an average of -$83.0 million.
- Across the five-year window, Net Income surged 99.52% in 2023 and plunged 577.58% in 2026, its largest moves.
- Terawulf's Net Income stood at -$420000.0 in 2022, then soared by 94.52% to -$23000.0 in 2023, then sank by 532282.61% to -$122.4 million in 2025, then plunged by 239.86% to -$416.2 million in 2026.
- The last three Net Income figures came in at -$416.2 million (Q1 2026), -$122.4 million (Q4 2025), and -$455.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - | -65.54 Mn |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - | 5.64 Bn |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - | 5.63 Bn |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - | 2.48 Bn |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn | 346.00 Mn |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - | 1.17 Bn |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - | 356.40 Mn |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - | 233.17 Mn |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn | 55.29 Mn |
| 10 | Terawulf | 2.04 Bn | -780.52 Mn | 31.65 Mn | -416.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -416.16 Mn |
| Dec 31, 2025 | -122.45 Mn |
| Sep 30, 2025 | -455.05 Mn |
| Jun 30, 2025 | -18.37 Mn |
| Mar 31, 2025 | -61.42 Mn |
| Dec 31, 2023 | -23,000.00 |
| Sep 30, 2023 | -68,000.00 |
| Jun 30, 2023 | -3,000.00 |
| Mar 31, 2023 | -35,000.00 |
| Dec 31, 2022 | -420,000.00 |
| Sep 30, 2022 | -901,000.00 |
| Jun 30, 2022 | -630,000.00 |
| Mar 31, 2022 | -2.91 Mn |
| Dec 31, 2021 | -49.11 Mn |
| Sep 30, 2021 | -6.06 Mn |
| Jun 30, 2021 | -722,276.00 |
| Mar 31, 2021 | -1.66 Mn |
| Dec 31, 2020 | 1.46 Mn |
| Sep 30, 2020 | -273,996.00 |
| Jun 30, 2020 | -1.04 Mn |