Cash Flow Statement
Growth Metrics

Terawulf (WULF) Retained Earnings (2016 - 2026)

Terawulf's Retained Earnings history spans 16 years, with the latest figure at -$993.7 million for Q4 2025.

  • On a quarterly basis, Retained Earnings fell 199.06% to -$993.7 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$993.7 million, a 199.06% decrease, with the full-year FY2025 number at -$993.7 million, down 199.06% from a year prior.
  • Retained Earnings hit -$993.7 million in Q4 2025 for Terawulf, down from -$867.1 million in the prior quarter.
  • Over the last five years, Retained Earnings for WULF hit a ceiling of $7.9 million in Q2 2021 and a floor of -$993.7 million in Q4 2025.
  • Historically, Retained Earnings has averaged -$281.5 million across 5 years, with a median of -$249.4 million in 2023.
  • Biggest five-year swings in Retained Earnings: increased 1.88% in 2021 and later tumbled 6696.6% in 2022.
  • Tracing WULF's Retained Earnings over 5 years: stood at -$95.7 million in 2021, then plummeted by 94.89% to -$186.5 million in 2022, then plummeted by 39.37% to -$259.9 million in 2023, then dropped by 27.85% to -$332.3 million in 2024, then crashed by 199.06% to -$993.7 million in 2025.
  • Business Quant data shows Retained Earnings for WULF at -$993.7 million in Q4 2025, -$867.1 million in Q3 2025, and -$412.1 million in Q2 2025.