Terawulf (WULF) Revenue (2010 - 2026)
Terawulf's (WULF) quarterly Revenue came in at $34.0 million in Q1 2026, down 1.14% year-on-year from $34.4 million in Q1 2025, and down 20.97% quarter-over-quarter from $43.0 million in Q4 2025.
Terawulf (WULF) Revenue (2010 - 2026) Analysis & Trends
Terawulf has disclosed Revenue across 17 years of filings, most recently posting $34.0 million for Q1 2026.
- Revenue for Q1 2026 came in at $34.0 million, down 1.14% year-over-year; the trailing twelve-month figure through Mar 2026 was $175.3 million (up 19.59% YoY), and the FY2025 annual result was $168.5 million, up 20.28% from the prior year.
- Revenue came in at $34.0 million for Q1 2026 at Terawulf, down from $43.0 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $50.6 million in Q3 2025 to a low of $217000.0 in Q1 2022.
- The 5-year median for Revenue is $27.1 million (2024), against an average of $26.4 million.
- Across the five-year window, Revenue tumbled 92.94% in 2022 and surged 5214.75% in 2023, its largest moves.
- Terawulf's Revenue stood at $9.6 million in 2022, then surged by 143.39% to $23.3 million in 2023, then surged by 112.67% to $49.5 million in 2024, then dropped by 13.09% to $43.0 million in 2025, then slipped by 20.97% to $34.0 million in 2026.
- The last three Revenue figures came in at $34.0 million (Q1 2026), $43.0 million (Q4 2025), and $50.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 20.58 Bn |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 17.23 Bn |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 6.48 Bn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 1.07 Bn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 1.67 Bn |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 4.94 Bn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 617.76 Mn |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 41.63 Mn |
| 10 | Terawulf | 2.09 Bn | -734.82 Mn | 31.65 Mn | 34.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.01 Mn |
| Dec 31, 2025 | 43.04 Mn |
| Sep 30, 2025 | 50.58 Mn |
| Jun 30, 2025 | 47.64 Mn |
| Mar 31, 2025 | 34.41 Mn |
| Dec 31, 2024 | 49.52 Mn |
| Sep 30, 2024 | 27.06 Mn |
| Jun 30, 2024 | 35.57 Mn |
| Mar 31, 2024 | 42.43 Mn |
| Dec 31, 2023 | 23.29 Mn |
| Sep 30, 2023 | 18.96 Mn |
| Jun 30, 2023 | 15.46 Mn |
| Mar 31, 2023 | 11.53 Mn |
| Dec 31, 2022 | 9.57 Mn |
| Sep 30, 2022 | 3.86 Mn |
| Jun 30, 2022 | 1.39 Mn |
| Mar 31, 2022 | 217,000.00 |
| Sep 30, 2021 | 4.74 Mn |
| Jun 30, 2021 | 4.25 Mn |
| Mar 31, 2021 | 3.07 Mn |