State Ledger
Company profile

TERAWULF INC. CIK 1083301

Ticker
WULF (Nasdaq)
Industry
Finance Services
Headquarters
Easton, MD 21601
Fiscal year end
2025 (FY)
Market Data
Close
$13.36
Change
-$0.41
Change %
-2.98%
Volume
942,089

WULF · trading date Oct 12, 2026 · previous close $13.77 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$168.46M
Net income
-$661.42M
Total assets
$6.56B
Total liabilities
$6.42B
Stockholders' equity
$140.45M
Cash & equivalents
$3.27B
Operating income
-$186.21M
Operating cash flow
-$123.18M
Capital expenditures
$1.06B

Fiscal year 2025, via 10-K filed 2026-02-27. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-110.5%
Net margin
-392.6%
Free cash flow
-$1.18B
Free cash flow margin
-702.5%
Liabilities / assets
97.9%
Equity / assets
2.1%
CapEx / revenue
629.4%
Operating cash flow / net income
0.19×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $168.46M -$661.42M $6.56B $6.42B $140.45M
2024 $140.05M -$72.42M $787.51M $543.07M $244.45M
2023 $69.23M -$73.42M $378.11M $155.62M $222.49M
2022 — -$90.79M $317.69M $199.93M $117.75M
2021 — — $264.91M $141.73M $123.18M
Company Details
SIC code
6199
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-16
Financials filed via
Form 10-K
filed 2026-02-27

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Easton, MD 21601
9 FEDERAL STREET
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 16:04 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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