Terawulf WULF
NASDAQ WULF
$15.40 +0.91 (+6.31%)
As of: Sep 16, 2026 · 3:59 PM EDT

Terawulf (WULF) Operating Leases (2021 - 2026)

Terawulf's (WULF) quarterly Operating Leases came in at $23.3 million in Q2 2026, up 96.46% year-over-year from $11.9 million in Q2 2025, and down 2.11% quarter-over-quarter from $23.8 million in Q1 2026.

Analysis

Terawulf (WULF) Operating Leases (2021 - 2026) Analysis & Trends

Terawulf has disclosed Operating Leases across 6 years of filings, most recently posting $23.3 million for Q2 2026.

  • In Q2 2026, Operating Leases rose 96.46% year-over-year to $23.3 million; the TTM figure through Jun 2026 stood at $23.3 million (up 96.46% YoY), while the FY2025 annual figure was $22.3 million, up 550.98% from the prior year.
  • Operating Leases came in at $23.3 million for Q2 2026 at Terawulf, down from $23.8 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $24.8 million in Q3 2025 to a low of $899000.0 in Q4 2023.
  • Average Operating Leases over 5 years is $7.2 million, with a median of $958000.0 recorded in 2022.
  • Year-over-year, Operating Leases slipped 5.07% in 2023 and surged 2619.96% in 2025.
  • Over 5 years, Operating Leases stood at $947000.0 in 2022, then dropped by 5.07% to $899000.0 in 2023, then jumped by 281.2% to $3.4 million in 2024, then soared by 550.98% to $22.3 million in 2025, then climbed by 4.54% to $23.3 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $23.3 million in Q2 2026, $23.8 million in Q1 2026, and $22.3 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Equinix 100.35 Bn 98.13 Bn 1.40 Bn
2 Terawulf 7.45 Bn 4.69 Bn 32.37 Mn
3 Cipher Digital 6.82 Bn 2.80 Bn 9.79 Mn
4 Applied Digital 6.71 Bn 2.74 Bn 97.29 Mn
5 GDS Holdings 5.78 Bn 3.59 Bn 97.89 Mn
6 Core Scientific 5.48 Bn 3.54 Bn 70.04 Mn
7 Vnet 1.63 Bn 636.30 Mn 74.45 Mn
8 Sify Technologies 1.44 Bn 1.44 Bn 51.65 Mn
9 WhiteFiber 666.74 Mn 606.37 Mn 18.88 Mn
10 Vulcan Infrastructure & Power 432.00 Mn 428.80 Mn -1.25 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 23.32 Mn
Mar 31, 2026 23.83 Mn
Dec 31, 2025 22.31 Mn
Sep 30, 2025 24.81 Mn
Jun 30, 2025 11.87 Mn
Mar 31, 2025 3.45 Mn
Dec 31, 2024 3.43 Mn
Sep 30, 2024 912,000.00
Jun 30, 2024 924,000.00
Mar 31, 2024 935,000.00
Dec 31, 2023 899,000.00
Sep 30, 2023 958,000.00
Jun 30, 2023 924,000.00
Mar 31, 2023 936,000.00
Dec 31, 2022 947,000.00
Sep 30, 2022 958,000.00
Mar 31, 2022 969,000.00
Dec 31, 2021 992,000.00