Terawulf (WULF) Retained Earnings (2010 - 2026)

Terawulf's (WULF) quarterly Retained Earnings came in at -$1.4 billion in Q1 2026, down 261.02% year-on-year from $882.7 million in Q1 2025, and down 43.03% quarter-over-quarter from -$993.7 million in Q4 2025.

Terawulf (WULF) Retained Earnings (2010 - 2026) Analysis & Trends

Terawulf has disclosed Retained Earnings across 17 years of filings, most recently posting -$1.4 billion for Q1 2026.

  • Retained Earnings for Q1 2026 came in at -$1.4 billion, down 261.02% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.4 billion (down 261.02% YoY), and the FY2025 annual result was -$993.7 million, down 199.06% from the prior year.
  • Retained Earnings came in at -$1.4 billion for Q1 2026 at Terawulf, down from -$993.7 million in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of -$113.9 million in Q1 2022 to a low of -$1.4 billion in Q1 2026.
  • The 5-year median for Retained Earnings is -$274.9 million (2024), against an average of -$418.0 million.
  • Across the five-year window, Retained Earnings tumbled 6696.6% in 2022 and declined 21.52% in 2024, its largest moves.
  • Terawulf's Retained Earnings stood at -$186.5 million in 2022, then plunged by 39.37% to -$259.9 million in 2023, then slipped by 27.85% to -$332.3 million in 2024, then plunged by 199.06% to -$993.7 million in 2025, then tumbled by 43.03% to -$1.4 billion in 2026.
  • The last three Retained Earnings figures came in at -$1.4 billion (Q1 2026), -$993.7 million (Q4 2025), and -$867.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn - -103.29 Mn
2 Morgan Stanley 328.23 Bn 194.70 Bn - -5.51 Bn
3 Goldman Sachs 313.22 Bn -624.33 Bn - 169.32 Bn
4 Schwab Charles 154.90 Bn 109.92 Bn - -10.76 Bn
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn -1.80 Bn
6 Interactive Brokers 38.41 Bn 49.00 Bn - 3.60 Bn
7 LPL Financial Holdings 23.13 Bn 22.10 Bn - 6.17 Bn
8 Tradeweb Markets 21.12 Bn 19.87 Bn - 7.93 Mn
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn -1.24 Bn
10 Terawulf 2.04 Bn -780.52 Mn 31.65 Mn -1.42 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.42 Bn
Dec 31, 2025 -993.69 Mn
Sep 30, 2025 -867.11 Mn
Jun 30, 2025 -412.06 Mn
Mar 31, 2025 -393.69 Mn
Dec 31, 2024 -332.28 Mn
Sep 30, 2024 -303.08 Mn
Jun 30, 2024 -280.30 Mn
Mar 31, 2024 -269.47 Mn
Dec 31, 2023 -259.90 Mn
Sep 30, 2023 -249.40 Mn
Jun 30, 2023 -230.27 Mn
Mar 31, 2023 -212.70 Mn
Dec 31, 2022 -186.47 Mn
Sep 30, 2022 -162.10 Mn
Mar 31, 2022 -113.91 Mn
Dec 31, 2021 -95.68 Mn
Sep 30, 2021 7.00 Mn
Jun 30, 2021 7.85 Mn
Mar 31, 2021 -1.68 Mn