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Did TeraWulf Beat Earnings?
TeraWulf (WULF) reported Q2 '26 revenue of $45M, down 6.0% year-over-year.
AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — TeraWulf’s job postings, web traffic, and employee business outlook. See the full WULF stock analysis or the earnings calendar for upcoming reports.
TeraWulf Quarterly Financial Trends
| Metric | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 27M | 35M | 34M | 48M | 51M | 36M | 34M | 45M |
| Gross margin | 45.8% | 43.9% | 28.6% | 53.6% | 66.1% | 47.3% | 93.1% | 24.9% |
| Operating margin | -58.1% | -147.0% | -173.3% | -21.3% | -27.5% | -241.8% | -401.2% | -311.1% |
| Net income | -23M | -29M | -61M | -18M | -455M | -127M | -428M | -940M |
| Net margin | -84.0% | -83.5% | -178.5% | -38.6% | -899.7% | -353.2% | -1,257.3% | -2,099.6% |
| EPS | — | — | — | — | — | — | — | — |
TeraWulf Earnings Trend Analysis
Over the eight quarters from Q3 '24 to Q2 '26, TeraWulf’s quarterly revenue moved from $27M to $45M. Net margin compressed from -84% to -2099.6%, against a 24.9% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit.
When Is TeraWulf’s Next Earnings Date?
TeraWulf reports earnings on a quarterly schedule. Its most recent report covered Q2 '26. For the confirmed upcoming date — and every other company reporting soon — see the WULF earnings calendar.
Frequently Asked Questions: TeraWulf Earnings
TeraWulf's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.
TeraWulf reported Q2 '26 revenue of $45M, down 6.0% from the same quarter a year earlier.
Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the WULF AI Score.
