Companies / WULF TeraWulf Inc. (WULF)
TeraWulf Inc., together with its subsidiaries, owns, develops, operates digital infrastructure in the United States. It also develops and operates bitcoin mining facilities for bitcoin mining and high-performance computing workloads, leveraging clean, cost-effective, and reliable energy. The company was founded in 2021 and is headquartered in Easton, Maryland.
Ticker WULF Exchange Nasdaq Sector Financial Services Industry Capital Markets Market cap $5.70B 52-week range $9.51 - $29.84 Valuation Share price $11.37 (close of Nov 6, 2026) P/E (TTM) -6.15x Price to book 6.55x Price to free cash flow -1.83x Enterprise value $4.12B Book value per share $1.74 Price performance Period Change 1 day +12.80% 5 days -3.07% 1 month -24.05% 3 months -35.47% 6 months -55.83% Year to date -1.04% 1 year -20.38% 3 years +972.64% 5 years -61.18% 10 years +5.47% All time +838.03%
Short interest As of Oct 15, 2026 Short % of float 30.20% Shares short 128.13M Days to cover 3.36 Change since prior report +7.35% Source FINRA consolidated short interest Profitability and growth Return on assets -10.09% Net margin -392.64% Revenue growth 20.28% Cash flow and balance sheet Free cash flow yield (TTM) -54.61% Current ratio 0.97x Net debt to EBITDA 1.25x Latest reported year Period end Dec 31, 2025 Fiscal year 2025 Revenue $168.46M Net income -$661.42M Earnings per share $-1.66 Interest expense $80.25M Shares outstanding 397.61M Income statement by year Period end Revenue Net income EPS 2025-12-31 $168.46M -$661.42M -$1.66 2024-12-31 $140.05M -$72.42M -$0.21 2023-12-31 $69.23M -$73.42M -$0.35 2022-12-31 $15.03M -$90.79M -$0.82 2020-12-31 $13.43M -$439.32K -$0.22 2019-12-31 $17.62M -$813.56K -$0.41 2018-12-31 $18.21M $139.47K $0.07 2017-12-31 $17.24M -$226.15K -$0.11 2016-12-31 $17.57M -$65.06K -$0.03 2015-12-31 $17.56M $135.01K $0.07
Margins and returns by year Period end Net margin Return on equity 2025-12-31 -392.64% - 2024-12-31 -51.71% -29.63% 2023-12-31 -106.06% -33.00% 2022-12-31 -603.94% -77.07% 2020-12-31 -3.27% -3.71% 2019-12-31 -4.62% -6.64% 2018-12-31 0.77% 1.06% 2017-12-31 -1.31% -1.75% 2016-12-31 -0.37% -0.48% 2015-12-31 0.77% 1.00%
Cash and debt by year Period end Cash Debt 2025-12-31 $3.27B $3.05B 2024-12-31 $274.06M $487.50M 2023-12-31 $54.44M $56.00K 2022-12-31 $1.28M $72.97M 2020-12-31 $3.69M - 2019-12-31 $3.17M $2.69M 2018-12-31 $4.32M $2.82M 2017-12-31 $3.82M $2.95M 2016-12-31 $4.29M $3.08M 2015-12-31 $2.25M -
Free cash flow by year Period end Free cash flow Stock-based compensation 2025-12-31 -$1.18B $50.91M 2024-12-31 -$292.36M $30.93M 2023-12-31 -$70.91M $5.86M 2022-12-31 -$95.18M $1.57M 2020-12-31 -$548.74K $21.97K 2019-12-31 -$955.38K $8.82K 2018-12-31 $681.62K $13.63K 2017-12-31 -$25.40K $23.56K 2016-12-31 -$1.15M $25.01K 2015-12-31 -$1.40M $21.74K
Dividend history Most recent payment Dec 14, 2021 Payment date Dividend per share 2021-12-14 $5.00 2012-12-18 $1.00
Investor relations Past earnings dates Reported Fiscal period EPS estimate 2026-11-06 Sep 2026 -$0.14 2026-08-05 Jun 2026 -$0.20 2026-05-08 Mar 2026 -$0.16 2026-02-26 Dec 2025 -$0.13 2025-11-10 Sep 2025 -$0.04 2025-08-08 Jun 2025 -$0.04 2025-05-09 Mar 2025 -$0.07 2025-02-28 Dec 2024 -$0.04
Filings and sources Company website terawulf.com SEC filings 10-K, 10-Q and 8-K on EDGAR Earnings calendar All upcoming reports Similar companies Morgan Stanley (MS) · Goldman Sachs Group Inc (GS) · Charles Schwab Corp (SCHW) · Interactive Brokers Group, Inc. (IBKR) · Robinhood Markets, Inc. (HOOD) · Tradeweb Markets Inc. (TW) · LPL Financial Holdings Inc. (LPLA) · Stifel Financial Corp (SF)
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