AI brief of an SEC Form 8-K · TERAWULF INC. (WULF)
TeraWulf Q3 revenue rises to $76.2 million; net income $709.9 million on warrant gain
TeraWulf reported third-quarter 2026 revenue of $76.2 million, up from $50.6 million a year earlier, with HPC lease revenue of $63.0 million. Net income attributable to the company was $709.9 million, driven mainly by a non-cash $728.4 million change in fair value of warrant and derivative liabilities, while operating loss widened to $88.2 million and non-GAAP Adjusted EBITDA was $(12.8) million.
Key points
- Q3 revenue $76.2 million vs. $50.6 million a year earlier; HPC lease revenue $63.0 million
- Net income attributable to TeraWulf $709.9 million, including a $728.4 million warrant fair value gain; operating loss $88.2 million vs. $24.7 million a year earlier
- Adjusted EBITDA $(12.8) million vs. $18.1 million a year earlier; $2.4 billion cash, cash equivalents and restricted cash at quarter-end
The filing
CompanyTERAWULF INC. (WULF)
Form8-K, current report
Filed with the SECNov 6, 2026, 7:02 AM ET
Accession number0001628280-26-071306
Written by AI on Nov 9, 2026, 7:05 AM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.