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WULF TERAWULF INC.

Trailing twelve months to 2026-06-30 · as filed 2026-08-05, not restated
Financials

Scale

Market cap
$8.4bn
Revenue TTM
$165m
Net income TTM
$-1.9bn
Free cash flow
$-2.5bn
Composite score
Sector rank
#796

Valuation

P / E
EV / EBITDA
EV / sales
35.2
FCF yield
-29.71%
Earnings yield vs 10-yr
-27.86pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
-1,179.9%
EBITDA margin
-187.4%
ROE
-1,323.4%
ROIC
Revenue growth
14.7%

Insider activity, last 90 days

Net open-market
$-3.56m
Buyers
1
Sellers
1

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

During the three and six months ended June 30, 2026, HPC leasing revenue represented a majority of total revenue, reflecting the continued ramp of long-term contracted capacity at the Lake Mariner Data Campus. While the Company currently derives a significant portion of its revenue from bitcoin mining, HPC leasing is now the Company’s primary growth driver and operating focus. (2) Joules of energy required to produce each terahash of processing power (3) While nameplate at the LMD Bitcoin Mining Facilities was 10.6 EH/s and 12.8 EH/s as of June 30, 2026 and 2025, respectively, actual operational hashrate depends on a variety of factors, including (but not limited to) performance tuning to in …TERAWULF INC., 10-Q, period ended 2026-06-30, filed 2026-08-05

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