News
TeraWulf Set to Report Q3 Earnings: What's in Store for the Stock?
Nov 5, 11:36 AM·
Medium Optimistic
Summary

TeraWulf (WULF) reported third-quarter 2026 results on Nov. 6, posting a loss of $0.01 per share versus the Zacks Consensus Estimate of a $0.14 loss and improving from a $0.07 loss a year ago, while beating revenue estimates as high-performance computing leases expanded. HPC lease revenue reached $63.0 million, or roughly 83% of quarterly revenue, with 102 MW of critical IT capacity online at Lake Mariner and an additional 336 MW under construction within cost guidance. On the earnings call, executives outlined financing and construction plans for data center projects in New York and Kentucky, and the company has since secured Googl…

TeraWulf Posts Narrower Q3 Loss as HPC Lease Revenue Reaches $63 Million

TeraWulf (WULF) reported third-quarter 2026 results on Nov. 6, posting a loss of $0.01 per share against the Zacks Consensus Estimate of a $0.14 loss, according to an editorial summary of the results. The figure improved from a $0.07 loss a year earlier, and the company beat revenue estimates as high-performance computing leases expanded.

HPC Leases Drive Revenue

High-performance computing lease revenue reached $63 million in the third quarter, according to the source article. The editorial summary places that figure at roughly 83% of quarterly revenue.

Capacity and Construction

  • 102 MW of critical IT capacity was online at Lake Mariner, per the editorial summary.
  • An additional 336 MW was under construction within cost guidance.

Financing and Project Pipeline

On the earnings call, executives outlined financing and construction plans for data center projects in New York and Kentucky, the editorial summary states.

The source article also notes that TeraWulf secured Google credit support for its $19 billion Anthropic lease. The editorial summary references the same development, stating the company has since secured Google backing.

Key Figures at a Glance

MetricQ3 2026
Loss per share$0.01
Zacks Consensus Estimate$0.14 loss
Year-ago loss per share$0.07
HPC lease revenue$63 million
HPC share of quarterly revenue~83%
Critical IT capacity online (Lake Mariner)102 MW
Capacity under construction336 MW

TeraWulf shares trade under the ticker WULF.