TeraWulf (WULF) operating expenses was $252M in FY2025 (+73% YoY). The tables below show the complete quarterly and annual operating expenses history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual Operating Expenses
Fiscal Year
Operating Expenses
YoY
2025
$252M
+73%
2024
$146M
+120%
2023
$66M
+39%
2022
$48M
+738%
2020
$6M
-10%
2019
$6M
+5%
2018
$6M
-3%
2017
$6M
-1%
2016
$6M
+6%
2015
$6M
+2%
2014
$6M
-4%
2013
$6M
+2%
2012
$6M
+4%
2011
$6M
+8%
2010
$5M
Recent Quarterly Operating Expenses
Quarter
Operating Expenses
Q2 2026
$149M
Q1 2026
$183M
Q4 2025
$94M
Q3 2025
$54M
Q2 2025
$38M
Q1 2025
$67M
Q4 2024
$64M
Q3 2024
$27M
Q2 2024
$28M
Q1 2024
$30M
Q4 2023
$14M
Q3 2023
$20M
Source: WULF on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.