Inferra AI / Company / WULF
Terawulf Inc.
WULF · Financials
Last earnings Aug 5, 2026
Key results
Revenuequarter
$34.0 million
First Quarter 2026 Highlights Generated Q1 2026 revenue of $34.0 million, including $21.0 million of HPC lease revenue.
SEC original ↗Terawulf Inc. — Earnings release (8-K exhibit)EX-99May 8, 2026
HPC lease revenue contributed $21.0 million in the period, representing the initial ramp of long-term customer agreements at Lake Mariner.
SEC original ↗Terawulf Inc. — Earnings release (8-K exhibit)EX-99May 8, 2026
Operating incomequarter
50.1%
Average annualized NOI includes TeraWulf s 50.1% interest in Abernathy s net operating income.
SEC original ↗Terawulf Inc. — Presentation / slide deck (8-K exhibit)EX-99May 8, 2026
522 MW LEASED CAPACITY 5 -SITE CONTROLLED PIPELINE DIVERSIFIED PLATFORM $13B+ REVENUE CONTRACTED ~$815M AVG ANNUAL NOI Long-term, credit-backed contracts | 10 25-year lease terms | Hyperscaler-grade infrastructure Geom Slide Title 28 Franklin Gothic Med Header 14 Franklin Gothic Book Content Text 14 Franklin Gothic Book Chart Content 10 RGB 33 40 64 20 135 211 129 200 255 205 217 225 74 88 135 Outline: black, ½ pt.
SEC original ↗Terawulf Inc. — Presentation / slide deck (8-K exhibit)EX-99May 8, 2026
2,272 MW 2,870 MWTotal Platform (Gross) Total Platform (Critical IT) 6 Industry-leading PUE of 1.25 Lower PUE = higher efficiency, lower operating cost, and greater power to compute conversion yielding more revenues and profitability per MW (1) Abernathy JV capacity figures represent TeraWulf s 50.1% joint venture interest.
SEC original ↗Terawulf Inc. — Presentation / slide deck (8-K exhibit)EX-99May 8, 2026
(2) HPC Segment Margin adjusted for $1.2 million of tenant fit-out revenue and associated costs, and $4.1 million of development and pre-revenue operating costs.
SEC original ↗Terawulf Inc. — Presentation / slide deck (8-K exhibit)EX-99May 8, 2026
(3) HPC Segment Margin adjusted for $2.1 million of tenant fit-out revenue and associated costs, $3.5 million of pre-revenue operating costs at WULF Compute, and $2.1 million of development costs.
SEC original ↗Terawulf Inc. — Presentation / slide deck (8-K exhibit)EX-99May 8, 2026
AI analysis
Q1 2026 · reported May 8, 2026
Based on: Earnings release + Q1 2026 deck + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q1 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $34.0 million | — | — |
| Operating income | 50.1% | — | — |
Guidance · company-stated
No guidance located in the held release
“1 Document TeraWulf Reports Second Quarter 2026 Results 102 MW of revenue-generating critical IT capacity online at Lake Mariner, with an additional 336 MW under construction and delivery expected within cost and schedule guidance Expands power-backed platform in Kentucky through $19 billion Anthropic lease at Justified and acquisition of the gigawatt-scale Muskie Data Campus Agrees to monetize Abernathy Joint Venture interest for $530 million and reaffirms target of contracting 250 500 MW of incremental critical IT capacity annually EASTON, Md.”
Capital allocation
htm EX-99.1 Document TeraWulf Reports First Quarter 2026 Results Development timeline on track at WULF Compute Delivers strong execution, advances transition to recurring HPC revenue, and expands power-advantaged development pipeline Reaffirms growth strategy targeting 250 500 MW of new contracted capacity annually Closed $250 million revolving credit facility EASTON, Md.
Event summary
Terawulf Inc. Q1 2026 — First Quarter 2026 Highlights Generated Q1 2026 revenue of $34.0 million, including $21.0 million of HPC lease revenue.
Based on: Earnings release + Q1 2026 deck + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
htm EX-99.1 Document TeraWulf Reports First Quarter 2026 Results Development timeline on track at WULF Compute Delivers strong execution, advances transition to recurring HPC revenue, and expands power-advantaged development pipeline Reaffirms growth strategy targeting 250 500 MW of new contracted capacity annually Closed $250 million revolving credit facility EASTON, Md.
SEC original ↗Terawulf Inc. — Earnings release (8-K exhibit)EX-99May 8, 2026
Closed revolving credit facility providing up to $250 million of committed capacity, supported by a syndicate of leading global financial institutions.
SEC original ↗Terawulf Inc. — Earnings release (8-K exhibit)EX-99May 8, 2026
255 177 0 85% Committed CapEx Top 5 Remaining CapEx2 Remaining CapEx Adjusted Committed CapEx WULF Compute1 CB-3 CB-4 CB-5 54% 17%29% 86% 8% 72% 18% 10% 86% 11% 3% (1) Includes La Lupa (CB-2) and Akela (CB-3 + CB-4 + CB-5) (2) Reflects the next five largest outstanding equipment purchase orders for each building, many of which have purchase orders in hand.
SEC original ↗Terawulf Inc. — Presentation / slide deck (8-K exhibit)EX-99May 8, 2026
18 WULF Compute Construction Capex Summary ~82% of WULF Compute construction capex secured 6% Geom Slide Title 28 Franklin Gothic Med Header 14 Franklin Gothic Book Content Text 14 Franklin Gothic Book Chart Content 10 RGB 33 40 64 20 135 211 129 200 255 205 217 225 74 88 135 Outline: black, ½ pt.
SEC original ↗Terawulf Inc. — Presentation / slide deck (8-K exhibit)EX-99May 8, 2026
Dilution figures assume principal of $500M is repaid in cash and the cash value of the capped call is utilized to repurchase shares (based on the Treasury Method).
SEC original ↗Terawulf Inc. — Presentation / slide deck (8-K exhibit)EX-99May 8, 2026
Dilution figures assume principal of $1,000M is repaid in cash and the cash value of the capped call is utilized to repurchase shares (based on the Treasury Method).
SEC original ↗Terawulf Inc. — Presentation / slide deck (8-K exhibit)EX-99May 8, 2026
Strategy & priorities
htm EX-99.1 Document TeraWulf Reports First Quarter 2026 Results Development timeline on track at WULF Compute Delivers strong execution, advances transition to recurring HPC revenue, and expands power-advantaged development pipeline Reaffirms growth strategy targeting 250 500 MW of new contracted capacity annually Closed $250 million revolving credit facility EASTON, Md.
SEC original ↗Terawulf Inc. — Earnings release (8-K exhibit)EX-99May 8, 2026
(Nasdaq WULF) ( TeraWulf or the Company ), which owns and operates vertically integrated, next-generation digital infrastructure primarily powered by low-carbon energy, today announced its financial results for the first quarter ended March 31, 2026 and provided an update on its operations, development and strategy.
SEC original ↗Terawulf Inc. — Earnings release (8-K exhibit)EX-99May 8, 2026
Our strategy is unchanged, and we remain focused on disciplined execution.
SEC original ↗Terawulf Inc. — Earnings release (8-K exhibit)EX-99May 8, 2026
In this environment, utilities are increasingly focused on advancing projects that can be delivered by experienced, well-capitalized, and creditworthy counterparties.
SEC original ↗Terawulf Inc. — Earnings release (8-K exhibit)EX-99May 8, 2026
As interconnection queues are rationalized and prioritized, the Company is well positioned to participate in this next phase of market evolution given its experience in power development, operational track record, and access to long-term capital.
SEC original ↗Terawulf Inc. — Earnings release (8-K exhibit)EX-99May 8, 2026
Risks & headwinds
Forward-looking statements are based on the current expectations and beliefs of TeraWulf s management and are inherently subject to a number of factors, risks, uncertainties and assumptions and their potential effects.
SEC original ↗Terawulf Inc. — Earnings release (8-K exhibit)EX-99May 8, 2026
Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the Company s filings with the SEC, which are available at www.
SEC original ↗Terawulf Inc. — Earnings release (8-K exhibit)EX-99May 8, 2026
Legal Proceedings 72 ITEM 1A.
SEC original ↗Terawulf Inc. — 10-Q Quarterly report10-QAug 5, 2026
These forward-looking statements reflect our views with respect to future events as of the date of this Quarterly Report and are based on assumptions and subject to risks and uncertainties.
SEC original ↗Terawulf Inc. — 10-Q Quarterly report10-QAug 5, 2026
Given these uncertainties, you should not place undue reliance on these forward-looking statements.
SEC original ↗Terawulf Inc. — 10-Q Quarterly report10-QAug 5, 2026
Earnings deck slides
0 decks with slide viewTerawulf Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Terawulf Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Terawulf Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Terawulf Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
37 documents- Q3 2026
- 8-KWULF
Oct 5, 2026
- Q2 2026
- 10-QWULF
Aug 5, 2026
- 8-KWULF
Aug 5, 2026
- 8-KWULF
Jul 6, 2026
- Q1 2026
- 8-KWULF
Jun 10, 2026
- 8-KWULF
May 26, 2026
- 10-QWULF
May 8, 2026
- 8-KWULF
May 8, 2026
- 8-KWULF
Apr 16, 2026
- EX-99WULF
Apr 16, 2026
- 8-KWULF
Apr 15, 2026
- EX-99WULF
Apr 15, 2026
- 8-KWULF
Apr 14, 2026
- EX-99WULF
Apr 14, 2026
- Q4 2025
- 8-KWULF
Mar 16, 2026
- EX-99WULF
Mar 16, 2026
- 10-KWULF
Feb 27, 2026
- 8-KWULF
Feb 26, 2026
- 8-KWULF
Feb 2, 2026
- EX-99WULF
Feb 2, 2026
- Q3 2025
- 8-KWULF
Dec 29, 2025
- 8-KWULF
Dec 18, 2025
- 8-KWULF
Dec 18, 2025
- 8-KWULF
Dec 18, 2025
- 8-KWULF
Nov 25, 2025
- 10-QWULF
Nov 10, 2025
- 8-KWULF
Nov 10, 2025
- 8-KWULF
Oct 31, 2025
- 8-KWULF
Oct 30, 2025
- 8-KWULF
Oct 29, 2025
- 8-KWULF
Oct 28, 2025
- EX-99WULF
Oct 28, 2025
- EX-99WULF
Oct 28, 2025
- 8-KWULF
Oct 23, 2025
- 8-KWULF
Oct 16, 2025
- 8-KWULF
Oct 14, 2025
- 8-KWULF
Oct 14, 2025
Earnings releases
9 documentsPresentations
4 documents
Transcripts
0 documentsNo transcripts for Terawulf Inc. are held in this edition of the library.
Mentioned by
1 companyOther tracked companies whose held documents mention Terawulf Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.
“…TeraWulf Inc. (NASDAQ:WULF) into a digital infrastructure campus supporting high-performance computing and artificial intelligence workloads. Century will retai”
See also the earnings calendar for every tracked company’s next earnings date.