📊 WULF Key Takeaways
Is Terawulf Inc.. (WULF) a Good Investment?
TeraWulf exhibits catastrophic fundamental deterioration with negative stockholders equity (-$78.8M), operating losses of -$162.1M despite $34M revenue, and negative free cash flow of -$540.5M. Despite maintaining 60.1% gross margins and $2.6B cash, the company cannot service $3.1B debt from operations, burning capital at unsustainable rates with $523M CapEx unable to generate positive operating returns.
Why Buy Terawulf Inc.. Stock? WULF Key Strengths
- Strong gross margin of 60.1% indicates core business economics are viable at unit level
- Substantial cash position of $2.6B provides 4-5 year liquidity runway at current burn rates
- Revenue growth of 11.2% YoY shows market demand exists for services
WULF Stock Risks: Terawulf Inc.. Investment Risks
- Negative stockholders equity of -$78.8M represents technical insolvency on book value basis
- Operating cash flow is negative (-$17.6M); company cannot fund operations or debt service from business
- Free cash flow of -$540.5M with $523M annual CapEx indicates capital intensity is destroying shareholder value
- Interest coverage of -14.7x; company cannot service $3.1B debt from operations
- Operating margin of -476.7% shows SG&A and other costs are grossly misaligned with revenue
Key Metrics to Watch
- Operating cash flow inflection - must turn positive to avoid insolvency
- Cash burn rate trajectory - at -$540.5M FCF, cash runway is finite
- Operating leverage from CapEx - must demonstrate asset ROI improvement
- Debt refinancing capacity - ability to service or restructure $3.1B at current operating performance
Terawulf Inc.. (WULF) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Terawulf Inc.. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
WULF Profit Margin, ROE & Profitability Analysis
WULF vs Finance Sector: How Terawulf Inc.. Compares
How Terawulf Inc.. compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Terawulf Inc.. Stock Overvalued? WULF Valuation Analysis 2026
Based on fundamental analysis, Terawulf Inc.. has mixed fundamental signals relative to the Finance sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Terawulf Inc.. Balance Sheet: WULF Debt, Cash & Liquidity
WULF Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Terawulf Inc..'s revenue has grown significantly by 760% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.35 indicates the company is currently unprofitable.
WULF Revenue Growth, EPS Growth & YoY Performance
WULF Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $13.0M | -$61.4M | $-0.16 |
| Q3 2025 | $27.1M | -$22.7M | $-0.06 |
| Q2 2025 | $35.6M | -$10.9M | $-0.03 |
| Q1 2025 | $34.4M | -$9.6M | $-0.03 |
| Q3 2024 | $19.0M | -$19.1M | $-0.06 |
| Q2 2024 | $15.5M | -$10.9M | $-0.03 |
| Q1 2024 | $11.5M | -$9.6M | $-0.03 |
| Q3 2023 | $3.9M | -$19.1M | $-0.09 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Terawulf Inc.. Dividends, Buybacks & Capital Allocation
WULF SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Terawulf Inc.. (CIK: 0001083301)
📋 Recent SEC Filings
❓ Frequently Asked Questions about WULF
What is the AI rating for WULF?
Terawulf Inc.. (WULF) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.
What are WULF's key strengths?
Claude: Strong gross margin of 60.1% indicates core business economics are viable at unit level. Substantial cash position of $2.6B provides 4-5 year liquidity runway at current burn rates.
What are the risks of investing in WULF?
Claude: Negative stockholders equity of -$78.8M represents technical insolvency on book value basis. Operating cash flow is negative (-$17.6M); company cannot fund operations or debt service from business.
What is WULF's revenue and growth?
Terawulf Inc.. reported revenue of $34.0M.
Does WULF pay dividends?
Terawulf Inc.. pays dividends, with $2.0M distributed to shareholders in the trailing twelve months.
Where can I find WULF SEC filings?
Official SEC filings for Terawulf Inc.. (CIK: 0001083301) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is WULF's EPS?
Terawulf Inc.. has a diluted EPS of $-1.01.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is WULF a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, Terawulf Inc.. has a STRONG SELL rating with 95% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is WULF stock overvalued or undervalued?
Valuation metrics for WULF: ROE of N/A (sector avg: 12%), net margin of -1,257.3% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.
Should I buy WULF stock in 2026?
Our dual AI analysis gives Terawulf Inc.. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is WULF's free cash flow?
Terawulf Inc..'s operating cash flow is $-17.6M, with capital expenditures of $523.0M. FCF margin is -1,589.3%.
How does WULF compare to other Finance stocks?
Vs Finance sector averages: Net margin -1,257.3% (avg: 25%), ROE N/A (avg: 12%), current ratio 1.20 (avg: 1.2).