Revenue
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2022
2023
2024
2025
Terawulf Inc. (WULF)
Price$16.34Cached quote
Net income
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $151.6M | $140.1M | $69.2M | $15.0M | — | $13.4M | $17.6M | $18.2M | $17.2M | $17.6M | $17.6M | $18.5M | $17.5M | $17.3M | $16.8M | $16.5M |
| Gross profit | $66.0M | $69.8M | $37.0M | $4.0M | — | $3.9M | $5.4M | $6.3M | $5.7M | $6.2M | $6.1M | $6.7M | $6.9M | $6.9M | $6.7M | $6.8M |
| Gross margin | 43.58% | 49.83% | 53.48% | 26.28% | — | 29.07% | 30.63% | 34.34% | 33.23% | 35.50% | 34.99% | 36.25% | 39.66% | 40.11% | 39.98% | 41.19% |
| Research & development | — | — | — | — | — | $671,493 | $870,279 | $677,242 | $688,688 | $647,065 | $660,402 | $664,999 | $649,325 | $629,776 | $512,259 | $695,593 |
| Operating expenses | $252.3M | $216.3M | $98.7M | $58.8M | $43.4M | $5.7M | $6.4M | $6.0M | $6.2M | $6.3M | $5.9M | $5.8M | $6.0M | $5.9M | $5.7M | $5.2M |
| Operating income | −$186.2M | −$76.2M | −$29.4M | −$43.7M | −$43.4M | −$1.8M | −$956,676 | $225,819 | −$464,609 | −$22,004 | $220,818 | $913,466 | $920,130 | $1.0M | $1.0M | $1.5M |
| Operating margin | −122.87% | −54.42% | −42.50% | −290.99% | — | −13.30% | −5.43% | 1.24% | −2.69% | −0.13% | 1.26% | 4.94% | 5.26% | 5.97% | 6.11% | 9.29% |
| EBITDA | −$95.1M | −$16.3M | −$1.1M | −$37.1M | — | −$1.1M | −$316,679 | $984,653 | $372,268 | $738,768 | $905,386 | $1.6M | $1.5M | $1.6M | $1.5M | $1.9M |
| EBITDA margin | −62.76% | −11.64% | −1.55% | −246.64% | — | −8.18% | −1.80% | 5.41% | 2.16% | 4.20% | 5.16% | 8.52% | 8.82% | 9.11% | 8.89% | 11.72% |
| Net income | −$661.4M | −$72.4M | −$73.4M | −$90.8M | −$95.7M | −$439,320 | −$813,558 | $139,465 | −$226,147 | −$65,061 | $135,007 | $648,770 | $682,173 | $693,931 | $698,257 | $1.1M |
| Net profit margin | −436.42% | −51.71% | −106.06% | −603.94% | — | −3.27% | −4.62% | 0.77% | −1.31% | −0.37% | 0.77% | 3.51% | 3.90% | 4.01% | 4.16% | 6.74% |
| Basic EPSper basic share | -$1.66 | -$0.21 | -$0.35 | -$0.82 | -$1.13 | -$0.22 | -$0.41 | $0.07 | -$0.11 | -$0.03 | $0.07 | $0.32 | $0.34 | $0.35 | $0.35 | $0.56 |
| Diluted EPSper diluted share | -$1.66 | -$0.21 | -$0.35 | -$0.82 | -$1.13 | -$0.22 | -$0.41 | $0.07 | -$0.11 | -$0.03 | $0.07 | $0.32 | $0.34 | $0.35 | $0.35 | $0.56 |
Owners
Reported shareholders
≈8.15%of listed shares
Prager Paul B.40.65M shares · May 27, 2026
View holders
| Holder | % owned |
|---|---|
Prager Paul B. | ≈8.15%40.65M shares |
Khan Nazar M. | ≈5.51%27.5M shares |
LONE PINE CAPITAL LLC | 4.84%24.14M shares |
BlackRock, Inc. | 4.69%23.39M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 4.47%22.3M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.59%17.9M shares |
FMR LLC | 2.90%14.44M shares |
Value Aligned Research Advisors, LLC | 2.46%12.26M shares |
MORGAN STANLEY | 2.38%11.89M shares |
TWO SIGMA INVESTMENTS, LP | 2.30%11.5M shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.59%7.92M shares |
SCOGGIN MANAGEMENT LP | 1.57%7.83M shares |
Invesco Ltd. | 1.42%7.11M shares |
CITADEL ADVISORS LLC | 1.42%7.1M shares |
STATE STREET CORP | 1.39%6.92M shares |
VOLORIDGE INVESTMENT MANAGEMENT, LLC | 1.38%6.88M shares |
PRICE T ROWE ASSOCIATES INC /MD/ | 1.27%6.32M shares |
Driehaus Capital Management LLC | 1.24%6.16M shares |
Squarepoint Ops LLC | 1.21%6.03M shares |
BANK OF AMERICA CORP /DE/ | 1.14%5.67M shares |
Percentages use 498.93M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 4 ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| May 27, 2026Form 4 · 10b5-1 | Prager Paul B.Chief Executive Officer | SellCommon stock, $0.001 par value per share · indirect | 56.8K | $26.57 | $1.51M | 4.08M |
| May 27, 2026Form 4 · 10b5-1 | Prager Paul B.Chief Executive Officer | SellCommon stock, $0.001 par value per share · indirect | 109.8K | $25.58 | $2.81M | 4.14M |
| May 26, 2026Form 4 · 10b5-1 | Prager Paul B.Chief Executive Officer | SellCommon stock, $0.001 par value per share · indirect | 166.7K | $24.43 | $4.07M | 4.25M |
| Apr 28, 2026Form 4 | Prager Paul B.Chief Executive Officer | SellCommon stock, $0.001 par value per share | 100 | $21.29 | $2.1K | 884.3K |
| Apr 28, 2026Form 4 | Prager Paul B.Chief Executive Officer | SellCommon stock, $0.001 par value per share | 79.1K | $20.62 | $1.63M | 884.4K |