Terawulf Q2 FY26 net loss widens to $940.83 million; revenue falls 6% to $44.77 million

Reuters2026/08/05 11:13

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TeraWulf posted Q2 revenue of USD 44.8 million, including USD 31.9 million of HPC lease revenue, about 71% of total revenue.
Net loss attributable to stockholders widened to USD 939.92 million, or USD 1.94 per share, from USD 18.37 million, or USD 0.05 per share, a year earlier.
Operating loss widened to USD 140.45 million from USD 15.59 million; interest expense climbed to USD 56.39 million from USD 4.01 million.
Cash and restricted cash totaled about USD 3.03 billion at quarter-end; Lake Mariner had 81 MW online at June 30, rising to 102 MW in early July.
Subsequent events included a 20-year Anthropic lease for about 401 MW at Justified, an agreement to sell its 50.1% Abernathy JV stake for about USD 530 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Terawulf Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608050700PRIMZONEFULLFEED9803999) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Terawulf Q2 FY26 net loss widens to $940.83 million; revenue falls 6% to $44.77 million

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