Terawulf (WULF) Operating Income (2010 - 2026)

Terawulf has disclosed Operating Income across 17 years of filings, most recently posting -$162.1 million for Q1 2026.

• Operating Income for Q1 2026 came in at -$162.1 million, down 171.92% year-over-year; the trailing twelve-month figure through Mar 2026 was -$288.7 million (down 116.23% YoY), and the FY2025 annual result was -$186.2 million, down 144.32% from the prior year.
• Operating Income came in at -$162.1 million for Q1 2026 at Terawulf, down from -$86.3 million in the prior quarter.
• In the past five years, Operating Income ranged from a high of -$2.3 million in Q1 2024 to a low of -$162.1 million in Q1 2026.
• The 5-year median for Operating Income is -$13.4 million (2022), against an average of -$29.3 million.
• Across the five-year window, Operating Income soared 74.88% in 2024 and sank 2474.61% in 2025, its largest moves.
• Terawulf's Operating Income stood at -$13.4 million in 2022, then surged by 65.15% to -$4.7 million in 2023, then sank by 1002.1% to -$51.4 million in 2024, then plunged by 67.87% to -$86.3 million in 2025, then sank by 87.83% to -$162.1 million in 2026.
• The last three Operating Income figures came in at -$162.1 million (Q1 2026), -$86.3 million (Q4 2025), and -$24.7 million (Q3 2025), per Business Quant data.