Terawulf (WULF) Other Operating Expenses (2021 - 2026)

Terawulf's (WULF) quarterly Other Operating Expenses came in at $167.4 million in Q1 2026, up 424.92% year-on-year from $31.9 million in Q1 2025, and up 77.26% quarter-over-quarter from $94.4 million in Q4 2025.

Terawulf (WULF) Other Operating Expenses (2021 - 2026) Analysis & Trends

Terawulf has disclosed Other Operating Expenses across 6 years of filings, most recently posting $167.4 million for Q1 2026.

  • Other Operating Expenses for Q1 2026 came in at $167.4 million, up 424.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $350.6 million (up 51.44% YoY), and the FY2025 annual result was $263.7 million, up 68.52% from the prior year.
  • Other Operating Expenses came in at $167.4 million for Q1 2026 at Terawulf, up from $94.4 million in the prior quarter.
  • In the past five years, Other Operating Expenses ranged from a high of $167.4 million in Q1 2026 to a low of -$5.5 million in Q1 2022.
  • The 5-year median for Other Operating Expenses is $14.7 million (2023), against an average of $36.0 million.
  • Across the five-year window, Other Operating Expenses tumbled 105.83% in 2022 and jumped 10067.39% in 2024, its largest moves.
  • Terawulf's Other Operating Expenses stood at $442000.0 in 2022, then surged by 192.08% to $1.3 million in 2023, then surged by 10067.39% to $131.3 million in 2024, then slipped by 28.06% to $94.4 million in 2025, then soared by 77.26% to $167.4 million in 2026.
  • The last three Other Operating Expenses figures came in at $167.4 million (Q1 2026), $94.4 million (Q4 2025), and $48.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn -
2 Morgan Stanley 328.23 Bn 194.70 Bn -
3 Goldman Sachs 313.22 Bn -624.33 Bn -
4 Schwab Charles 154.90 Bn 109.92 Bn -
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn
6 Interactive Brokers 38.41 Bn 49.00 Bn -
7 LPL Financial Holdings 23.13 Bn 22.10 Bn -
8 Tradeweb Markets 21.12 Bn 19.87 Bn -
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn
10 Terawulf 2.04 Bn -780.52 Mn 31.65 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 167.38 Mn
Dec 31, 2025 94.42 Mn
Sep 30, 2025 48.62 Mn
Jun 30, 2025 40.14 Mn
Mar 31, 2025 31.89 Mn
Dec 31, 2024 131.26 Mn
Sep 30, 2024 40.13 Mn
Jun 30, 2024 28.21 Mn
Dec 31, 2023 1.29 Mn
Sep 30, 2023 697,000.00
Jun 30, 2023 583,000.00
Mar 31, 2023 603,000.00
Dec 31, 2022 442,000.00
Sep 30, 2022 127,000.00
Jun 30, 2022 -3.59 Mn
Mar 31, 2022 -5.51 Mn
Dec 31, 2021 1.90 Mn
Sep 30, 2021 1.94 Mn
Mar 31, 2021 94.50 Mn