SHARPE
Reported results
- Generated GAAP total revenue of $76.2 million for the third quarter of 2026, including $63.0 million of GAAP HPC lease revenue.
- Reported GAAP net income attributable to TeraWulf Inc. of approximately $709.9 million for the third quarter of 2026.
- Reported non-GAAP Adjusted EBITDA of approximately $(12.8) million for the third quarter of 2026.
- Reported GAAP basic earnings per share of $1.42 and GAAP diluted loss per share of $(0.03) for the third quarter of 2026.
- Ended the quarter with approximately $2.4 billion of cash, cash equivalents and restricted cash as of September 30, 2026.
Guidance
- Reaffirmed target of contracting 250 MW to 500 MW of incremental critical IT capacity annually.
- Progressing WULF Compute within previously disclosed cost guidance of $8 million to $10 million per critical IT MW.
Price and volatility reaction
The stock moved +12.8% on the print. No front-expiry chain was on file, so there is no straddle expected move.
| Measure | Value | Basis |
|---|---|---|
| Close before release | 10.08 | 2026-11-05 |
| Close after release | 11.37 | 2026-11-06 |
| Realised move | +12.8% | close to close |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-06 (8-K, Item 2.02). Read the original filing on sec.gov.