Terawulf Inc（WULF）財務資料WULFTerawulf Inc

TeraWulf Inc. (WULF) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is HPC Leasing Segment, accounting for 71.3% of total sales, equivalent to $31.93M. Another important revenue stream is Digital assets mining segment. Understanding this composition is critical for investors evaluating how WULF navigates market cycles within the Blockchain & Cryptocurrency industry.

Evaluating the bottom line, TeraWulf Inc. maintains a gross margin of 23.07%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -311.06%, while the net margin is -2101.61%. These profitability ratios, combined with a Return on Equity (ROE) of -1248.10%, provide a clear picture of how effectively WULF converts its operational activities into shareholder value.

In the context of the broader market, WULF competes directly with industry leaders such as APLD and EXLS. With a market capitalization of $5.98B, it holds a significant position in the sector. When comparing efficiency, WULF's gross margin of 23.07% stands against APLD's 15.30% and EXLS's 35.54%. Such benchmarking helps identify whether TeraWulf Inc. is trading at a premium or discount relative to its financial performance.

TeraWulf has shown fluctuating revenue, with Q2 2026 revenue at $44.77 million, but significant net losses, including -939.92 million in net income for the same quarter. The gross margin improved to 23.07% in Q2 2026, indicating some operational efficiency, but overall financial health remains a concern due to high debt levels and negative earnings.