Cash Flow Statement
Growth Metrics

Terawulf (WULF) Operating Leases (2021 - 2026)

Terawulf's Operating Leases history spans 5 years, with the latest figure at $24.3 million for Q4 2025.

  • On a quarterly basis, Operating Leases rose 609.78% to $24.3 million in Q4 2025 year-over-year; TTM through Dec 2025 was $24.3 million, a 609.78% increase, with the full-year FY2025 number at $24.3 million, up 609.78% from a year prior.
  • Operating Leases hit $24.3 million in Q4 2025 for Terawulf, down from $24.8 million in the prior quarter.
  • Over the last five years, Operating Leases for WULF hit a ceiling of $24.8 million in Q3 2025 and a floor of $859000.0 in Q3 2024.
  • Historically, Operating Leases has averaged $4.9 million across 5 years, with a median of $958000.0 in 2022.
  • Biggest five-year swings in Operating Leases: dropped 10.33% in 2024 and later surged 2787.78% in 2025.
  • Tracing WULF's Operating Leases over 5 years: stood at $992000.0 in 2021, then decreased by 4.54% to $947000.0 in 2022, then decreased by 5.07% to $899000.0 in 2023, then surged by 281.2% to $3.4 million in 2024, then surged by 609.78% to $24.3 million in 2025.
  • Business Quant data shows Operating Leases for WULF at $24.3 million in Q4 2025, $24.8 million in Q3 2025, and $11.9 million in Q2 2025.