Terawulf (WULF) Revenue (2010 - 2026)

Terawulf (WULF) posted Revenue of $34.0 million for Q1 2026, down 20.97% sequentially from $43.0 million in Q4 2025, and down 1.14% YoY from $34.4 million in Q1 2025.

Terawulf (WULF) Revenue (2010 - 2026) Analysis & Trends

Terawulf (WULF) has 17 years of Revenue data on file, last reported at $34.0 million in Q1 2026.

  • Quarterly Revenue fell 1.14% year-over-year to $34.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $175.3 million (up 19.59% YoY) and the FY2025 annual result came in at $168.5 million, up 20.28% from the prior year.
  • Revenue declined to $34.0 million in Q1 2026 per WULF's latest filing, from $43.0 million in the prior quarter.
  • The five-year high for Revenue was $50.6 million in Q3 2025, with the low at $217000.0 in Q1 2022.
  • Average Revenue over 5 years is $26.4 million, with a median of $27.1 million recorded in 2024.
  • Year-over-year, Revenue sank 92.94% in 2022 and soared 5214.75% in 2023.
  • 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 retreated by 13.09% to $43.0 million in 2025, then fell by 20.97% to $34.0 million in 2026.
  • Business Quant data shows WULF's Revenue at $34.0 million in Q1 2026, $43.0 million in Q4 2025, and $50.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 20.58 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 17.23 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 6.48 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 355.90 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 1.07 Bn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 4.94 Bn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 617.76 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 41.63 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 144.80 Mn
10 Terawulf 9.97 Bn 7.15 Bn 31.65 Mn 34.01 Mn

Historic Data

Download Data
DateValue
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