Terawulf (WULF) Operating Expenses (2010 - 2026)

Terawulf (WULF) has 17 years of Operating Expenses data on file, last reported at $196.2 million in Q1 2026.

• Quarterly Operating Expenses rose 108.6% year-over-year to $196.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $456.8 million (up 44.12% YoY) and the FY2025 annual result came in at $354.7 million, up 64.0% from the prior year.
• Operating Expenses grew to $196.2 million in Q1 2026 per WULF's latest filing, from $122.2 million in the prior quarter.
• The five-year high for Operating Expenses was $196.2 million in Q1 2026, with the low at $261000.0 in Q3 2022.
• Average Operating Expenses over 5 years is $55.1 million, with a median of $42.3 million recorded in 2024.
• Year-over-year, Operating Expenses slumped 95.67% in 2022 and jumped 10874.71% in 2023.
• Terawulf's Operating Expenses stood at $28.8 million in 2022, then decreased by 2.81% to $28.0 million in 2023, then surged by 393.03% to $137.8 million in 2024, then retreated by 11.35% to $122.2 million in 2025, then jumped by 60.57% to $196.2 million in 2026.
• Business Quant data shows WULF's Operating Expenses at $196.2 million in Q1 2026, $122.2 million in Q4 2025, and $75.2 million in Q3 2025.