Terawulf WULF
NASDAQ WULF
$15.40 +0.91 (+6.31%)
As of: Sep 16, 2026 · 3:59 PM EDT

Terawulf (WULF) Revenue (2010 - 2026)

Terawulf's (WULF) quarterly Revenue came in at $44.8 million in Q2 2026, down 6.02% year-over-year from $47.6 million in Q2 2025, and up 31.62% quarter-over-quarter from $34.0 million in Q1 2026.

Analysis

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

Terawulf has disclosed Revenue across 17 years of filings, most recently posting $44.8 million for Q2 2026.

  • In Q2 2026, Revenue fell 6.02% year-over-year to $44.8 million; the TTM figure through Jun 2026 stood at $165.2 million (up 4.14% YoY), while the FY2025 annual figure was $168.5 million, up 20.28% from the prior year.
  • Revenue came in at $44.8 million for Q2 2026 at Terawulf, up from $34.0 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.
  • Average Revenue over 5 years is $27.0 million, with a median of $30.5 million recorded in 2024.
  • Year-over-year, Revenue slumped 92.94% in 2022 and soared 5214.75% in 2023.
  • Over 5 years, 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 27.63% to $35.8 million in 2025, then rose by 24.92% to $44.8 million in 2026.
  • Per Business Quant data, the three most recent Revenue figures were $44.8 million in Q2 2026, $34.0 million in Q1 2026, and $35.8 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Equinix 100.35 Bn 98.13 Bn 1.40 Bn 2.63 Bn
2 Terawulf 7.45 Bn 4.69 Bn 32.37 Mn 44.77 Mn
3 Cipher Digital 6.82 Bn 2.80 Bn 9.79 Mn 24.84 Mn
4 Applied Digital 6.71 Bn 2.74 Bn 97.29 Mn 258.75 Mn
5 GDS Holdings 5.78 Bn 3.59 Bn 97.89 Mn 455.11 Mn
6 Core Scientific 5.48 Bn 3.54 Bn 70.04 Mn 164.20 Mn
7 Vnet 1.63 Bn 636.30 Mn 74.45 Mn 409.54 Mn
8 Sify Technologies 1.44 Bn 1.44 Bn 51.65 Mn 130.47 Mn
9 WhiteFiber 666.74 Mn 606.37 Mn 18.88 Mn 28.84 Mn
10 Vulcan Infrastructure & Power 432.00 Mn 428.80 Mn -1.25 Mn 3.39 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 44.77 Mn
Mar 31, 2026 34.01 Mn
Dec 31, 2025 35.84 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