TeraWulf Releases 2025 Financial Report: Full-Year Revenue of $168.5 Million, Q4 Results Below Expectations

ZkProver · 2026-02-27T09:59:56+00:00

TeraWulf releases 2025 financial report, with full-year revenue reaching $168.5 million, but Q4 revenue of $35.8 million fell short of expectations, mainly due to decreased mining income and a decline in Bitcoin prices, resulting in a loss of $1.66 per share.

ZkProver

2026-02-27 09:59:56

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ChainCatcher reports that, according to CoinTelegraph, TeraWulf (stock ticker: WULF) released its 2025 financial report. As of December 31, TeraWulf’s full-year revenue increased from $140.1 million in 2024 to $168.5 million in 2025.

The company’s total revenue for the fourth quarter was $35.8 million, including $26.1 million from digital assets and $9.7 million from high-performance computing (HPC), down from $50.6 million in the third quarter. Analysts’ average expectation was $44.1 million. Additionally, the company reported a Q4 loss of $1.66 per share, compared to a loss of $0.21 per share in the same period last year.

The report states that the company’s Q4 earnings fell short of expectations due to a decline in mining revenue as Bitcoin prices dropped at the end of 2025.

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