Terawulf (WULF) Operating Leases (2021 - 2026)
Terawulf (WULF) posted Operating Leases of $23.8 million for Q1 2026, up 6.8% sequentially from $22.3 million in Q4 2025, and up 596.64% YoY from $3.4 million in Q1 2025.
Terawulf (WULF) Operating Leases (2021 - 2026) Analysis & Trends
Terawulf has reported Operating Leases for 6 years, with the latest figure at $23.8 million in Q1 2026.
- Quarterly Operating Leases rose 596.64% year-over-year to $23.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $23.8 million (up 596.64% YoY) and the FY2025 annual result came in at $22.3 million, up 550.98% from the prior year.
- Operating Leases climbed to $23.8 million in Q1 2026 per WULF's latest filing, from $22.3 million in the prior quarter.
- Over five years, Operating Leases peaked at $24.8 million in Q3 2025 and troughed at $859000.0 in Q3 2024.
- A 5-year average of $6.1 million and a median of $958000.0 in 2022 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2024 and 2025: Operating Leases dropped 10.33% in 2024, then surged 2787.78% in 2025.
- Over 5 years, Operating Leases stood at $947000.0 in 2022, then fell by 5.07% to $899000.0 in 2023, then soared by 281.2% to $3.4 million in 2024, then surged by 550.98% to $22.3 million in 2025, then climbed by 6.8% to $23.8 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $23.8 million, $22.3 million, and $24.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - |
| 10 | Terawulf | 8.49 Bn | 5.66 Bn | 31.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.83 Mn |
| Dec 31, 2025 | 22.31 Mn |
| Sep 30, 2025 | 24.81 Mn |
| Jun 30, 2025 | 11.26 Mn |
| Mar 31, 2025 | 3.42 Mn |
| Dec 31, 2024 | 3.43 Mn |
| Sep 30, 2024 | 859,000.00 |
| Jun 30, 2024 | 873,000.00 |
| 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 |