NASDAQ$WULF
Terawulf Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Revenue increased by 22.6% and self-mined Bitcoin increased by 9.5% compared to Q2 2023.
TeraWulf reported a strong Q3 2023 with revenue of $19.0 million, a 22.6% increase over Q2 2023, and self-mined 994 Bitcoin, a 9.5% increase over Q2 2023. The company also reported a Non-GAAP Adjusted EBITDA of $9.0 million, an 18.5% increase over Q2 2023.
- Revenue of $19.0 million in Q3 2023, an increase of 22.6% over Q2 2023.
- Self-mined 994 Bitcoin in Q3 2023, a 9.5% increase over Q2 2023.
- Non-GAAP Adjusted EBITDA of $9.0 million in Q3 2023, an increase of 18.5% over Q2 2023.
- Total installed hashrate capacity of 5.5 EH/s as of September 30, 2023, representing an increase of 267% relative to the same prior year period.
Headline financials
Revenue & EPS history
Terawulf · Revenue · Quarterly
$19M
Forward guidance
TeraWulf expects to complete the entire 18,500 miner purchase by the fourth quarter of 2024.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2023
-1.0%
Avg return
Earnings day
-3.2%
Avg return
5 days after
+1.0%
Avg return
30 days after
29%
18 / 63 earnings
Positive
+51.9%
Q4 2013
Best reaction
-24.4%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.7% | -3.8% | -0.2% | |
| Q4 2025 | -9.2% | -14.0% | -16.7% | |
| Q3 2025 | -13.6% | -23.1% | +10.7% | |
| Q1 2025 | -9.1% | +10.9% | +31.8% | |
| Q4 2024 | +16.1% | +2.8% | -24.7% | |
| Q3 2024 | -16.7% | -18.6% | -14.6% | |
| Q2 2024 | -12.7% | +6.3% | +16.6% | |
| Q1 2024 | -8.5% | -12.6% | +72.2% | |
| Q4 2023 | +34.7% | +42.2% | +23.1% | |
| Q3 2023 | -1.9% | +8.2% | +66.3% | |
| Q2 2023 | -9.4% | -22.7% | -32.2% | |
| Q1 2023 | -1.9% | -2.5% | -13.1% | |
| Q4 2022 | +20.5% | +23.1% | +128.2% | |
| Q3 2022 | +7.8% | -16.5% | -43.5% | |
| Q2 2022 | -24.4% | -26.9% | -39.9% | |
| Q1 2022 | -1.5% | -10.7% | -40.7% | |
| Q4 2021 | -3.2% | -4.6% | -55.3% | |
| Q3 2021 | -4.1% | -1.0% | +46.7% | |
| Q2 2021 | +5.6% | +3.9% | +22.9% | |
| Q1 2021 | +0.8% | +3.1% | -3.7% | |
| Q4 2020 | -18.3% | -28.1% | -22.0% | |
| Q3 2020 | -6.7% | -19.0% | +8.4% | |
| Q2 2020 | +3.5% | +2.2% | -5.6% | |
| Q1 2020 | +1.4% | +4.1% | -2.0% | |
| Q4 2019 | -7.0% | -6.2% | -38.4% | |
| Q3 2019 | -4.4% | -6.0% | -10.8% | |
| Q2 2019 | -9.1% | -9.0% | -13.8% | |
| Q1 2019 | -7.0% | -6.3% | -1.4% | |
| Q4 2018 | +4.5% | +2.0% | +0.9% | |
| Q3 2018 | +0.0% | -6.3% | +5.1% | |
| Q2 2018 | +0.5% | -7.8% | +6.6% | |
| Q1 2018 | -3.8% | -4.4% | +7.2% | |
| Q4 2017 | +16.5% | +30.1% | +10.6% | |
| Q3 2017 | -3.0% | -1.1% | -6.4% | |
| Q2 2017 | -2.4% | -1.9% | -6.8% | |
| Q1 2017 | -6.1% | -6.8% | -14.4% | |
| Q4 2016 | -1.5% | -1.9% | -6.1% | |
| Q3 2016 | -0.2% | -0.7% | +10.2% | |
| Q2 2016 | +0.0% | -0.3% | -15.6% | |
| Q1 2016 | +4.5% | — | — | |
| Q4 2015 | -0.7% | — | — | |
| Q3 2015 | -3.8% | — | — | |
| Q2 2015 | -8.9% | — | — | |
| Q1 2015 | -4.1% | — | — | |
| Q4 2014 | -7.2% | — | — | |
| Q3 2014 | -7.7% | — | — | |
| Q2 2014 | -0.6% | — | — | |
| Q1 2014 | -10.1% | — | — | |
| Q4 2013 | +51.9% | — | — | |
| Q3 2013 | -2.9% | — | — | |
| Q2 2013 | -5.7% | — | — | |
| Q1 2013 | +0.5% | — | — | |
| Q4 2012 | +17.6% | — | — | |
| Q3 2012 | -6.5% | — | — | |
| Q2 2012 | +0.0% | — | — | |
| Q1 2011 | -0.4% | — | — | |
| Q1 2012 | +0.0% | — | — | |
| Q4 2011 | +0.0% | — | — | |
| Q3 2011 | -8.8% | — | — | |
| Q3 2010 | -8.8% | — | — | |
| Q2 2010 | +5.0% | — | — | |
| Q2 2011 | +5.0% | — | — | |
| Q4 2010 | +5.0% | — | — |
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