WULF
Terawulf Inc. Financials Finance Services Russell 3000
$11.73Close
$4.9BMarket cap
$10.99 – $28.9852-week range
Nov 6, 2026Next report · before the open
Highlights
Cautions
- Not in an uptrend 2 of 8 trend conditions
- Lagging the market RS 8 · weaker than 92% of stocks over 12 months
- Far from its high 60% below its 52-week high
- Results soon Nov 6, 2026, in 5 days
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
60%
1wk
up 3.6%
price change
1mo
down 20.7%
price change
12-month return
down 21%
market up 11% ·
its own down 30%
F-score
1 / 9
Weak
Altman Z″
1.08
Elevated risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
35.1×
price / book
Earnings yield
—
EBIT / enterprise value
Cheaper than
7%
of the market · expensive
Revenue growth
up 20%
year on year
EPS growth
—
latest quarter
Sales growth
down 6%
latest quarter · -5 pts
ROE
down 344%
return on equity
Free cash margin
—
D/E
21.73
long-term debt / equity
Net debt / EBITDA
—
Interest cover
—EBIT / interest
Piotroski tests
- not yet profitable on its assets
- operating cash flow is negative
- profitability slipped from last year
- took on more long-term debt
- short-term liquidity weakened
- issued more shares
- gross margin narrowed
- assets working less efficiently
- profits backed by cash
Trade setup
ATR%
9.6%
$1.13 a day · 2×ATR $9.47
RS
8 / 99
vs the universe
Trend
2 / 8
trend template
Relative volume
1.5×
vs 50-day average
Up/down volume
0.84
50 sessions
Implied move
—
no option chain · report Nov 6, 2026
Trend template · 2 of 8
- 150-day average above the 200-day: passes
- 200-day average rising for a month: passes
Screen verdict
Did not qualify for any screen.
Warning signs
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Shareholders diluted The share count rose 8.9% over the year, from 386m to 420m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
- Gross margin narrowing Gross margin fell from 49.8% to 39.2%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported
Aug 5, 2026
Last shock
Oct 14, 2026-13% in one session1.9× volumeno filing matched+2% since
Financials
- Gross 39%
- Net -393%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $13.4M | — | $15.0M | $69.2M | $140.1M | $168.5M |
| Gross margin | 29% | — | 26% | 53% | 50% | 39% |
| Operating income | -$1.8M | -$43.4M | -$43.7M | -$29.4M | -$76.2M | -$186.2M |
| Net income | -$439,320 | -$95.7M | -$90.8M | -$73.4M | -$72.4M | -$661.4M |
| Net margin | -3% | — | -604% | -106% | -52% | -393% |
| Earnings per share | -$0.22 | -$1.12 | -$0.82 | -$0.35 | -$0.21 | -$1.66 |
| Cash | $3.7M | $43.4M | $1.3M | $54.4M | $274.1M | $3.3B |
| Long-term debt | — | $94.6M | $73.0M | $56,000 | $0 | $3.1B |
| Shareholders' equity | $11.8M | $123.2M | $117.8M | $222.5M | $244.4M | $140.4M |
| Shares outstanding | 1.98m | 99.98m | 145.49m | 276.73m | 385.65m | 420.07m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 5, 2026 | Quarterly ↗ | Jun 30, 2026 | 36d |
| May 8, 2026 | Quarterly ↗ | Mar 31, 2026 | 38d |
| Feb 27, 2026 | Annual ↗ | Dec 31, 2025 | 58d |
| Nov 10, 2025 | Quarterly ↗ | Sep 30, 2025 | 41d |
| Aug 8, 2025 | Quarterly ↗ | Jun 30, 2025 | 39d |
| May 9, 2025 | Quarterly ↗ | Mar 31, 2025 | 39d |
| Mar 3, 2025 | Annual ↗ | Dec 31, 2024 | 62d |
| Nov 12, 2024 | Quarterly ↗ | Sep 30, 2024 | 43d |
| Aug 13, 2024 | Quarterly ↗ | Jun 30, 2024 | 44d |
| May 13, 2024 | Quarterly ↗ | Mar 31, 2024 | 43d |
| Mar 20, 2024 | Annual ↗ | Dec 31, 2023 | 80d |
| Nov 13, 2023 | Quarterly ↗ | Sep 30, 2023 | 44d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 23, 2026 | Material agreement · New obligation ↗ |
| Oct 5, 2026 | Other events ↗ |
| Aug 5, 2026 | Results · Regulation FD ↗ |
| Jul 6, 2026 | Other events ↗ |
| Jun 10, 2026 | Shareholder vote ↗ |
| May 26, 2026 | Other events ↗ |
| May 8, 2026 | Results · Regulation FD ↗ |
| Apr 16, 2026 | Material agreement · Other events ↗ |
| Apr 15, 2026 | Regulation FD ↗ |
| Apr 14, 2026 | Results · Regulation FD · Other events ↗ |
| Mar 16, 2026 | Material agreement · New obligation · Regulation FD ↗ |
| Feb 26, 2026 | Results · Regulation FD ↗ |