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TeraWulf Inc. (WULF) Q1 2026 Earnings Call Transcript
2026-05-09 · via All Articles on Seeking Alpha

Q1: 2026-05-08 Earnings Summary

EPS of -$0.20 misses by $0.00

 | 

Revenue of

$34.01M

(-1.14% Y/Y)

beats by $971.88K

TeraWulf Inc. (WULF) Q1 2026 Earnings Call May 8, 2026 8:00 AM EDT

Company Participants

John Larkin - Senior VP & Director of Investor Relations
Paul Prager - Co-Founder, Chairman & CEO
Nazar Khan - Co-Founder, CTO & Executive Director
Patrick Fleury - Chief Financial Officer

Conference Call Participants

Mike Grondahl - Northland Capital Markets, Research Division
Stephen Glagola - Keefe, Bruyette, & Woods, Inc., Research Division
Brett Knoblauch - Cantor Fitzgerald & Co., Research Division
Nick Giles - B. Riley Securities, Inc., Research Division
Timothy Horan - Oppenheimer & Co. Inc., Research Division
Christopher Brendler - Rosenblatt Securities Inc., Research Division
Brian Dobson - Clear Street LLC
John Todaro - Needham & Company, LLC, Research Division
Martin Toner - ATB Cormark Capital Markets Inc., Research Division
Michael Donovan - Compass Point Research & Trading, LLC, Research Division

Presentation

Operator

Greetings, and welcome to the TeraWulf 2026 First Quarter Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, John Larkin, Senior Vice President, Director of Investor Relations. Thank you. You may begin.

John Larkin
Senior VP & Director of Investor Relations

Thank you, operator. Good morning, and welcome to TeraWulf's First Quarter 2026 Earnings Call. Joining me today are Chairman and CEO, Paul Prager; CTO, Nazar Khan; and CFO, Patrick Fleury.

Before we begin, please note that our remarks today may include forward-looking statements. These statements are subject to risks and uncertainties, and actual results may differ materially. Words such as anticipate, expect, believe, intend, estimate, project, could, should, will and similar expressions are intended to identify forward-looking statements. For a discussion of these risks, please refer to our filings with the SEC available at sec.gov and in the Investor Relations section of our website. We will also reference certain non-GAAP financial measures. Reconciliations to the most comparable GAAP measures are available in our earnings release and filings.