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← Terawulf
Q4 2025 earningsThu, Feb 26, 2026

TeraWulf reports full year 2025 results

Source document ↗
Total Revenue168.46M USD
Net Income (Loss)-661.42M USD
Total Cash and Restricted Cash3.72B USD

Key points

  • Revenue $168.5M (Digital Asset $151.6M + HPC Lease $16.9M); net loss $661.4M; total assets $6.56B; 522 critical-IT-MW under long-term data-center leases (incl. TeraWulf's 50.1% share of the Abernathy JV), representing >$12.8B of contracted revenue