Filing Flows › Terawulf (WULF) › Q3 2026 › vs Q2 2026
Terawulf (WULF) Q3 2026 vs Q2 2026 (quarter over quarter)
Terawulf's revenue rose $31.5M (+70%) from $44.8M in Q2 2026 to $76.2M in Q3 2026.
Terawulf, Q3 2026: revenue $76.2M (+51% year over year), operating margin -115.7%, net earnings $710M, operating cash flow −$24.6M. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $76.2M | $44.8M | $31.5M | +70% |
| Other income, net | $798M | −$800M | $1.6B | — |
| Costs & expenses | $874M | $986M | −$112M | -11% |
| Operating costs | $164M | $185M | −$20.8M | -11% |
| Income tax | $28K | $28K | $0 | 0% |
| Net earnings | $710M | −$941M | $1.7B | — |
| Cost of revenue | $64.6M | $35.8M | $28.8M | +80% |
| Operating expenses | $99.8M | $149M | −$49.6M | -33% |
| Operating cash sources | $794M | −$699M | $1.5B | — |
| Depreciation | $29.6M | $21.2M | $8.4M | +40% |
| Share-based compensation | $30.0M | $83.9M | −$53.9M | -64% |
| Cash used in operations | $24.6M | $137M | −$112M | -82% |
| Working capital & other | $794M | −$699M | $1.5B | — |
Questions
How much did Terawulf's revenue grow quarter over quarter in Q3 2026?
Terawulf's revenue rose $31.5M (+70%) from $44.8M in Q2 2026 to $76.2M in Q3 2026.