TeraWulf develops and operates large-scale bitcoin mining facilities powered primarily by zero-carbon electricity such as nuclear and hydro. Its model emphasizes low-cost, high-density compute sites in the United States rather than broad crypto services. The company sells mined bitcoin and related hosting capacity to the digital-asset mining market.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 47.6 | — | -18.4 | — |
| Q3 2025 | 50.6 | — | -455.1 | — |
| Q4 2025 | 35.8 | — | -126.6 | — |
| Q1 2026 | 34 | — | -427.6 | — |
| Q2 2026 | 44.8 | -6% | -939.9 | — |
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