TeraWulf Q1 2026 revenue $34M, HPC lease revenue $21M; 60 MW HPC capacity operational

TERAWULF INC.

2026-Q1 EPS reported -$1.01 revenue$34,012,000

Q1 2026 revenue of $34.0M including $21.0M from HPC leases; cash & restricted cash ~$3.1B.
60 MW critical IT capacity energized for Core42 at Lake Mariner; CB-3 nearing completion.
Acquired Hawesville, KY site with 480 MW grid-connected power; Abernathy JV delivery targeted Q4 2026.
Closed $250M revolving credit facility to fund development pipeline.
Lake Hawkeye (150 MW Phase I) and Chesapeake Data (210 MW, up to 1 GW) in development.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TERAWULF INC. reported the first quarter ended March 31, 2026 results: revenue $34.0 million.

Period: the first quarter ended March 31, 2026
Revenue: $34.0 million
Result: reported results

Exact text from the filing

Generated Q1 2026 revenue of $34.0 million, including $21.0 million of HPC lease revenue.

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

TERAWULF INC. filing history →

Source: SEC EDGAR

accession 0001083301-26-000083

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