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10-K

Annual Report

TERAWULF INC. WULF

0001083301-26-000031

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Filed
Feb 27, 2026 12:00 AM ET
Period of report
Restated figures. One or more values in this filing restate previously reported amounts.

On SEC.gov

Financials in this filing

Metric Period Value
Shares Outstanding FY 2025 · Feb 24, 2026 424.07M sh
Shares Diluted FY 2025 · Dec 31, 2025 397.61M sh
Shares Diluted FY 2025 · Dec 31, 2024 351.32M sh
Shares Diluted FY 2025 · Dec 31, 2023 209.96M sh
Stock Repurchased FY 2025 · Dec 31, 2025 $33.29M
Stock Repurchased FY 2025 · Dec 31, 2024 $118.22M
Stock Repurchased FY 2025 · Dec 31, 2023 $0
Capex FY 2025 · Dec 31, 2025 $1.06B
Capex FY 2025 · Dec 31, 2024 $267.94M
Capex FY 2025 · Dec 31, 2023 $75.17M
Operating Cash Flow FY 2025 · Dec 31, 2025 −$123.18M
Operating Cash Flow FY 2025 · Dec 31, 2024 −$24.42M
Operating Cash Flow FY 2025 · Dec 31, 2023 $4.26M
Long Term Debt FY 2025 · Dec 31, 2025 $3.05B
Long Term Debt FY 2025 · Dec 31, 2024 $0
Cash And Equivalents FY 2025 · Dec 31, 2025 $3.27B
Cash And Equivalents FY 2025 · Dec 31, 2024 $274.07M
Stockholders Equity FY 2025 · Dec 31, 2025 $140.45M
Stockholders Equity FY 2025 · Dec 31, 2024 $244.45M
Stockholders Equity FY 2025 · Dec 31, 2023 $222.49M
Stockholders Equity FY 2025 · Dec 31, 2022 $117.75M
Current Liabilities FY 2025 · Dec 31, 2025 $1.74B
Current Liabilities FY 2025 · Dec 31, 2024 $51.85M
Total Liabilities FY 2025 · Dec 31, 2025 $6.42B
Total Liabilities FY 2025 · Dec 31, 2024 $543.07M
Current Assets FY 2025 · Dec 31, 2025 $3.48B
Current Assets FY 2025 · Dec 31, 2024 $281.43M
Total Assets FY 2025 · Dec 31, 2025 $6.56B
Total Assets FY 2025 · Dec 31, 2024 $787.51M
Eps Diluted FY 2025 · Dec 31, 2025 −$1.66
Eps Diluted FY 2025 · Dec 31, 2024 −$0.21
Eps Diluted FY 2025 · Dec 31, 2023 −$0.35
Eps Basic FY 2025 · Dec 31, 2025 −$1.66
Eps Basic FY 2025 · Dec 31, 2024 −$0.21
Eps Basic FY 2025 · Dec 31, 2023 −$0.35
Net Income FY 2025 · Dec 31, 2025 −$661.42M
Net Income FY 2025 · Dec 31, 2024 −$72.42M
Net Income FY 2025 · Dec 31, 2023 −$73.42M
Operating Income FY 2025 · Dec 31, 2025 −$186.21M
Operating Income FY 2025 · Dec 31, 2024 −$76.22M
Operating Income FY 2025 · Dec 31, 2023 −$29.42M
Gross Profit FY 2025 · Dec 31, 2025 $66.05M
Gross Profit FY 2025 · Dec 31, 2024 $69.79M
Gross Profit restated FY 2025 · Dec 31, 2023 $37.03M
Cost Of Revenue FY 2025 · Dec 31, 2025 $82.66M
Cost Of Revenue FY 2025 · Dec 31, 2024 $62.61M
Cost Of Revenue FY 2025 · Dec 31, 2023 $27.32M
Stock Issued FY 2025 · Mar 1, 2023 40.76M sh
Stock Issued FY 2025 · Oct 31, 2022 7.48M sh