Name: WULF Income Statement - Terawulf Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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WULF - Terawulf Inc.

USD | NASDAQ | Financial Services

WULF Income Statement - Terawulf Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16	Q1 FY 16
Revenues
Revenues	34.0	35.8	50.6	47.6	34.4	35.0	27.1	35.6	42.4	23.3	19.0	15.5	11.5	9.6	3.9	1.4

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Revenues
Revenues	168.1	168.5	140.1	69.2	15.0	13.4	17.6	18.2	17.2	17.6	17.6	18.5	17.5	17.3	16.8	16.5
Cost of Revenue	60.5	82.7	62.6	27.3	11.1	9.5	12.2	12.0	11.5	11.3	11.4	11.8	10.6	10.4	10.1	9.7
Gross Profit	107.6	85.8	77.4	41.9	4.0	3.9	5.4	6.3	5.7	6.2	6.1	6.7	6.9	6.9	6.7	6.8
Operating Expenses
Research & Development	-	-	-	-	-	0.7	0.9	0.7	0.7	0.6	0.7	0.7	0.6	0.6	0.5
Operating Income
Operating Income	(288.7)	(186.2)	(76.2)	(29.4)	(43.7)	(1.8)	(1.0)	0.2	(0.5)	(0.0)	0.2	0.9	0.9	1.0
Non-Operating
Interest Income	-	-	-	-	-	1.2	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax & Net
Income Tax Expense	0.1	0.1	0.0	0.0	(0.3)	(0.2)	(0.2)	0.0	(0.3)	(0.0)	0.1	0.3	0.2	0.4	0.3
Per Share
EPS Basic	(2.43)	(1.66)	(0.21)	(0.35)	(0.82)	(0.22)	(0.41)	0.07	(0.11)	(0.03)	0.07	0.32	0.34	0.35	0.35	0.56
Supplementary Data
EBITDA	(187.2)	(97.6)	(16.4)	(1.1)	(37.1)	(1.1)	(0.3)	1.0	0.4	0.7	0.9	1.5	1.5	1.5	1.4	1.9

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.1	0.1	0.1	0.2	0.1	0.2	0.2	0.2	0.2	0.3	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.1	0.2
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	5.8	5.9	6.5	6.5	5.9	4.3
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	28.5	27.7	26.5	18.8	15.6	14.9	15.6	14.1	15.1	8.3	8.2	6.4	5.4	4.9	1.5	0.2
Amortization of Intangibles	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	196.2	122.2	75.3	63.2	94.0	114.7	42.8	28.4	30.3	19.0	20.4	16.2	15.8	17.7	12.1	8.6

Operating Income
Operating Income	(162.1)	(86.3)	(24.7)	(15.6)	(59.6)	(51.4)	(15.7)	(6.8)	(2.3)	(4.7)	(9.7)	(5.8)	(9.2)	(13.4)	(13.4)	(7.8)	(9.2)	(6.0)	(4.3)	(0.3)	0.3	(0.2)	(1.0)	(0.8)	(0.1)	(0.2)	(0.2)	(0.6)	0.2	(0.0)	0.2	(0.1)	0.4	(0.2)	(0.1)	(0.6)	0.1	0.2	0.0	(0.3)

Tax & Net
Income Tax Expense	0.0	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-	(0.3)	-	-	0.0	0.0	(0.0)	0.0	0.0	0.0	(0.2)	(0.0)	0.0	(0.1)	(0.1)	0.0	(0.0)	0.0	(0.0)	0.0	(0.1)	(0.0)	(0.2)	0.1	0.1	(0.0)	(0.1)
Net Income From Continuing Ops	(427.7)	(126.6)	(455.1)	(18.4)	(61.4)	(29.2)	(22.7)	(10.9)	(9.6)	(10.5)	(19.0)	(17.5)	(26.2)	(24.5)	(33.1)	(13.0)	(15.3)
Net Income From Discontinued Ops	-	-	-	-	-	0.0	0.0	0.0	0.0	(0.0)	(0.1)	(0.0)	(0.0)	(0.4)	(0.9)	(0.6)	(2.9)
Net Income	(427.7)	(126.6)	(455.1)	(18.4)	(61.4)	(29.2)	(22.7)	(10.9)	(9.6)	(10.5)	(19.1)	(17.5)	(26.3)	(25.0)	(34.0)	(13.7)	(18.2)
Net Income Attributable To Parent	(427.6)	(126.6)	(455.1)	(18.4)	(61.4)	(29.2)	(22.7)	(10.9)	(9.6)	(10.5)	(19.1)	(17.5)	(26.3)	(25.0)	(34.0)	(13.7)
Less: Minority Interest	(0.1)	-	-	-	0.0	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Preferred Dividends	-	-	-	-	-	-	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.2	0.2	0.0
Net Income To Common Shareholders	(427.6)	(126.6)	(455.1)	(18.4)	(61.4)	(28.3)	(23.0)	(11.2)	(9.9)	(10.8)	(19.4)	(17.8)	(26.5)	(25.2)	(34.2)

Per Share
EPS Basic	(1.01)	-	(1.13)	(0.05)	(0.16)	-	(0.06)	(0.03)	(0.03)	-	(0.09)	(0.08)	(0.16)	-	(0.32)	(0.14)	(0.18)	(0.07)	(0.05)	(0.16)	-	(0.14)	(0.53)	(0.30)	-	(0.08)	(0.06)	(0.23)	-	(0.01)	0.07	(0.07)	-	(0.06)	(0.05)	(0.19)	-	0.04	0.02	(0.10)
EPS Diluted	(1.01)	-	(1.13)	(0.05)	(0.16)	-	(0.06)	(0.03)	(0.03)	-	(0.09)	(0.08)	(0.16)	-	(0.32)	(0.14)	(0.18)	(0.07)
Shares Basic	423.0	-	401.6	386.9	383.1	-	382.1	340.7	290.6	-	221.7	210.4	165.0	-	108.8	104.1	100.1	89.3
Shares Diluted	423.0	-	401.6	386.9	383.1	-	382.1	340.7	290.6	-	221.7	210.4	165.0	-	108.8	104.1	100.1	89.3

Supplementary Data
EBITDA	(133.7)	(58.6)	1.8	3.2	(44.1)	(36.5)	(0.1)	7.4	12.8	3.6	(1.5)	0.6	(3.8)	(8.4)	(11.9)	(7.6)	(9.2)	-	-	(0.2)	-	-	-	(0.6)	-	-	-	(0.4)	-	-	-	0.1	-	-	-	(0.4)	-	-	-	(0.2)
EBIT	(162.1)	(86.3)	(24.7)	(15.6)	(59.6)	(51.4)	(15.7)	(6.8)	(2.3)	(4.7)	(9.7)	(5.8)	(9.2)	(13.4)	(13.4)	(7.8)	(9.2)	(6.0)	(4.3)

Non-Operating
Interest Income	-	-	4.1	1.2	2.3	-	0.3	0.4	0.5	-	-	-	-	-	-	-	-	0.0	0.0	0.0	1.2	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Interest Expense	67.1	62.4	9.8	4.0	4.0	3.0	0.4	5.3	11.0	9.3	10.3	8.5	6.8	8.0	7.2	4.1	5.3	0.0
Income From Equity Investments	(11.5)	(4.1)	0.0	0.0	0.0	0.0	(2.7)	0.8	5.3	3.3	0.9	(3.3)	(10.2)	(1.1)	(12.7)	(1.1)
Other Non-Operating Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pre-Tax Income	(416.1)	(126.5)	(455.1)	(18.4)	(61.4)	(25.8)	(20.1)	(11.6)	(14.9)	(23.2)	(19.9)	(14.2)	(16.1)	(39.1)	(20.6)	(12.0)