Revenue

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Digital Asset Mining Segment Revenue	130.14M	151.56M	140.05M
Digital Asset Mining Segment Revenue Growth	-14.13%	8.21%	102.30%
HPC Leasing Segment Revenue	-	16.90M	-
Revenue (Other)	37.92M	-	-
Revenue (Total)	168.06M	168.46M	140.05M
Revenue (Total) Growth	-0.23%	20.28%	102.30%

EBIT

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Digital Asset Mining Segment Profit	-	58.96M	69.86M
Digital Asset Mining Segment Profit Growth	-	-15.60%	88.68%
HPC Leasing Segment Profit	-	7.08M	-66.00K
Operating Income (Total)	-288.73M	-186.21M	-76.22M

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Number of Miners	54.10K	54.10K	62.00K
Number of Miners Growth	-	-12.74%	105.98%
TeraWulf Operational Hashrate (EH/s)	7.90	9.30	9.70
TeraWulf Operational Hashrate (EH/s) Growth	-15.05%	-4.12%	94.00%
TeraWulf % of Global Hashrate	0.90%	0.90%	1.40%
Cost to Mine One Bitcoin	-	53.68K	25.27K
Cost to Mine One Bitcoin Growth	-	112.45%	190.27%
Value of Each Bitcoin Mined	-	101.31K	62.89K
Value of Each Bitcoin Mined Growth	-	61.09%	112.14%
Cost to Mine One Bitcoin as % of Value of Bitcoin Mined	-	53.00%	40.20%
Total Bitcoin Mined	1.29K	1.50K	2.73K
Total Bitcoin Mined Growth	-13.64%	-45.16%	-18.40%
Total Value of Bitcoin Mined	130.14M	151.56M	171.55M
Total Value of Bitcoin Mined Growth	-14.13%	-11.65%	73.10%
Total MWhs Utilized	1.21M	1.34M	1.60M
Total MWhs Utilized Growth	-10.27%	-16.01%	75.80%
Total Energy Expense, Net of Expected Demand Response Proceeds	55.56M	80.20M	68.82M
Total Energy Expense, Net of Expected Demand Response Proceeds Growth	-30.73%	16.54%	137.24%
Cost per kWh	-	0.06	0.04
Cost per kWh Growth	-	39.53%	34.38%
Energy Expense, Net as % of Value of Bitcoin Mined	-	52.90%	40.10%
Other Direct Costs of Mining	106.00K	108.00K	111.00K
Other Direct Costs of Mining Growth	-1.85%	-2.70%	14.43%