TeraWulf Inc. (WULF)

TeraWulf Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2,619	3,266	274.07	54.44	1.28	43.45
Cash & Short-Term Investments	2,619	3,266	274.07	54.44	1.28	43.45
Cash Growth	2810.44%	1091.83%	403.44%	4156.37%	-97.06%	589.65%
Accounts Receivable	13.2	1.21	0.48	-	-	-
Other Receivables	-	3.4	3.8	1	-	0.65
Receivables	13.2	4.61	4.27	1	-	0.65
Prepaid Expenses	18.31	6.27	2.49	4.54	5.1	1.49
Restricted Cash	142.94	189.93	-	-	7.04	3.01
Other Current Assets	12.86	11.07	0.6	2.61	0.73	19.46
Total Current Assets	2,807	3,478	281.43	62.59	14.14	68.05
Property, Plant & Equipment	3,820	1,731	451.14	179.76	145.84	21.91
Long-Term Investments	424.06	446.01	-	98.61	98.74	104.28
Goodwill	55.46	55.46	-	-	-	-
Long-Term Deferred Charges	578.4	572.89	-	-	-	-
Other Long-Term Assets	364.21	274.54	54.94	37.15	58.96	70.67
Total Assets	8,048	6,558	787.51	378.11	317.69	264.91

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	197.81	65.14	24.38	15.17	21.86	11.79
Accrued Expenses	57.29	126.95	9.53	11.68	29.55	16.27
Short-Term Debt	1,102	489.77	-	1.8	5.53	-
Current Portion of Long-Term Debt	90.72	46.32	-	123.47	51.94	-
Current Portion of Leases	2.1	2.02	0.03	0.05	0.04	0.09
Other Current Liabilities	2,314	1,006	17.91	2.5	17.1	17.71
Total Current Liabilities	3,764	1,736	51.85	154.66	126.02	45.86
Long-Term Debt	4,020	4,635	487.5	0.06	72.97	94.63
Long-Term Leases	21.51	22.6	3.72	0.9	0.95	0.99
Long-Term Deferred Tax Liabilities	0.13	0.08	-	-	-	0.26
Other Long-Term Liabilities	94.94	24.19	-	-	-	-
Total Liabilities	7,901	6,418	543.07	155.62	199.93	141.73

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.52	0.44	0.4	0.28	0.15	0.1
Additional Paid-In Capital	2,656	1,285	685.26	472.83	294.81	218.76
Retained Earnings	-2,361	-993.69	-332.28	-259.9	-186.47	-95.68
Treasury Stock	-148.31	-151.51	-118.22	-	-	-
Total Common Equity	147.28	140.45	235.17	213.22	108.48	123.18
Shareholders' Equity	147.53	140.45	244.45	222.49	117.75	123.18
Total Liabilities & Equity	8,048	6,558	787.51	378.11	317.69	264.91

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	5,237	5,196	491.25	126.27	131.43	95.71
Net Cash (Debt)	-2,618	-1,929	-217.18	-71.83	-130.15	-52.26
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-6.05	-4.85	-0.62	-0.34	-1.18	-0.61
Filing Date Shares Outstanding	498.97	424.07	383.14	302.24	186.27	100.7
Total Common Shares Outstanding	498.93	420.07	385.65	276.73	145.49	99.98
Working Capital	-957.37	1,742	229.59	-92.08	-111.88	22.2
Book Value Per Share	0.30	0.33	0.61	0.77	0.75	1.23
Tangible Book Value	91.83	84.99	235.17	213.22	108.48	123.18
Tangible Book Value Per Share	0.18	0.20	0.61	0.77	0.75	1.23
Machinery	453.54	305.38	224.79	116.37	78.32	0.02
Construction In Progress	2,371	1,069	107.62	24.58	32.36	20.87
Leasehold Improvements	579.02	265.01	91.61	62.85	29.88	-

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 25, 2026

Data Sources Report a data error