# TeraWulf (WULF) — Earnings

WULF · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/wulf/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | −$1.94 |
| EPS estimate | −$0.24 |
| EPS surprise | −696.39% |
| Revenue surprise | −2.67% |
| Revenue | $44.8M |
| Revenue estimate | $46.0M |
| Reported | Aug 5, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1083301/000108330126000166/wulf-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/b0a3fe5a-a6e0-8c6b-c775-f72e27d24b41.html) |

TeraWulf reported Q2 2026 results on August 5, 2026. It posted a loss of $1.94 per share, far wider than the $0.24 loss analysts expected, a miss of 696.39%. Revenue was $44.8 million, 2.67% below the $46.0 million estimate. In Q2 2025, the loss was $0.05 per share on revenue of $47.6 million, so revenue fell about 5.9% year over year.

Every one of the 16 quarters in the table is a loss. Annual losses were $0.35 per share in 2023, $0.21 in 2024 and $1.64 in 2025. The first half of 2026 alone adds up to a $2.95 loss, and Q2 2026 is the widest quarterly loss in the table. Revenue grew from $69.3 million in 2023 to $140.1 million in 2024 and $168.5 million in 2025, peaking at $50.6 million in Q3 2025. TeraWulf beat the EPS estimate twice in 16 quarters, matched it once and missed it 13 times.

TeraWulf reported its Q3 results between November 10 and November 14 in each of the past four years. That points to mid-November 2026 for the next report, which will show whether the loss per share narrows from Q2's level.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 5, 2026 | −$0.24 | −$1.94 | -696.39% | $46.0M | $44.8M |
| Q1 2026 | May 8, 2026 | −$0.20 | −$1.01 | -416.62% | $34.6M | $34.0M |
| Q4 2025 | Feb 26, 2026 | −$0.13 | −$0.30 | -126.42% | $44.6M | $35.9M |
| Q3 2025 | Nov 10, 2025 | −$0.04 | −$1.13 | -2491.74% | $53.0M | $50.6M |
| Q2 2025 | Aug 8, 2025 | −$0.06 | −$0.05 | 10.07% | $47.3M | $47.6M |
| Q1 2025 | May 9, 2025 | −$0.07 | −$0.16 | -128.57% | $41.3M | $34.4M |
| Q4 2024 | Feb 28, 2025 | −$0.03 | −$0.09 | -196.05% | $38.9M | $35.0M |
| Q3 2024 | Nov 12, 2024 | −$0.03 | −$0.06 | -100.00% | $31.6M | $27.1M |
| Q2 2024 | Aug 12, 2024 | −$0.02 | −$0.03 | -66.67% | $35.4M | $35.6M |
| Q1 2024 | May 13, 2024 | $0.04 | −$0.03 | -178.95% | $45.2M | $42.4M |
| Q4 2023 | Mar 19, 2024 | −$0.02 | −$0.02 | 11.11% | $24.2M | $23.3M |
| Q3 2023 | Nov 13, 2023 | −$0.03 | −$0.09 | -181.25% | $19.7M | $19.0M |
| Q2 2023 | Aug 14, 2023 | −$0.03 | −$0.08 | -140.24% | $19.2M | $15.5M |
| Q1 2023 | May 15, 2023 | −$0.04 | −$0.16 | -300.00% | $14.7M | $11.5M |
| Q4 2022 | Mar 30, 2023 | −$0.11 | −$0.11 | 0.00% | $9.3M | $9.6M |
| Q3 2022 | Nov 14, 2022 | −$0.10 | −$0.32 | -220.00% | $5.3M | $3.9M |

## Frequently Asked Questions

### When did TeraWulf (WULF) last report earnings?

TeraWulf last reported on Aug 5, 2026, covering fiscal Q2 2026.

### Did WULF beat earnings estimates?

No. TeraWulf reported EPS of −$1.94 for Q2 2026 against a −$0.24 estimate — a 696.39% miss.

### How much revenue did WULF report last quarter?

TeraWulf reported $44.8M in revenue for Q2 2026, against a consensus estimate of $46.0M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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Data provided by [AInvest](https://www.ainvest.com).