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Terawulf (WULF) Operating Income (2016 - 2025)

Terawulf's Operating Income history spans 16 years, with the latest figure at -$86.3 million for Q4 2025.

  • For Q4 2025, Operating Income fell 67.87% year-over-year to -$86.3 million; the TTM value through Dec 2025 reached -$186.2 million, down 144.32%, while the annual FY2025 figure was -$186.2 million, 144.32% down from the prior year.
  • Operating Income for Q4 2025 was -$86.3 million at Terawulf, down from -$24.7 million in the prior quarter.
  • Across five years, Operating Income topped out at -$644093.0 in Q2 2021 and bottomed at -$86.3 million in Q4 2025.
  • The 5-year median for Operating Income is -$9.5 million (2023), against an average of -$18.8 million.
  • The largest annual shift saw Operating Income skyrocketed 74.88% in 2024 before it tumbled 2474.61% in 2025.
  • A 5-year view of Operating Income shows it stood at -$644093.0 in 2021, then crashed by 1978.58% to -$13.4 million in 2022, then soared by 65.15% to -$4.7 million in 2023, then tumbled by 1002.1% to -$51.4 million in 2024, then tumbled by 67.87% to -$86.3 million in 2025.
  • Per Business Quant, the three most recent readings for WULF's Operating Income are -$86.3 million (Q4 2025), -$24.7 million (Q3 2025), and -$15.6 million (Q2 2025).