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| 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 |