TeraWulf Inc. employees and revenue per employee

WULF · Financial - Capital Markets · $8.43B market cap

TeraWulf Inc. had 141 employees at the end of fiscal Dec 2025, up 1075.0% from a year earlier. Revenue for the year was $168M, up 20.3% from a year earlier, or $1.19M per employee. Headcount grew faster than revenue.

Employees

141

+1075.0% YoY

Revenue

$168M

+20.3% YoY

Revenue / employee

$1.19M

Peer median $1.51M

Rank in industry

15 of 21

Financial - Capital Markets

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016
05171035'16'17'18'20'22'23'24'25Revenue 959Staff 176

Hover a year for the numbers.

WULF employees and revenue by fiscal year
Year endingEmployeesRevenuePer employeeStaff YoYRevenue YoY
Dec 2025141$168M$1.19M+1075.0%+20.3%
Dec 202412$140M$11.7M+20.0%+102.3%
Dec 202310$69.2M$6.92M+25.0%+360.5%
Dec 20228$15.0M$1.88M——
Dec 202058$13.4M$232K—-23.8%
Dec 201882$18.2M$222K-1.2%+5.6%
Dec 201783$17.2M$208K+3.8%-1.9%
Dec 201680$17.6M$220K——

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years
82'1858'208'2210'2312'24141'25
Revenue per employee, last six fiscal years
$222K'18$232K'20$1.88M'22$6.92M'23$11.7M'24$1.19M'25

TeraWulf Inc. against similar companies

The closest industry peers by revenue, from Financial - Capital Markets.

CompanyEmployeesRevenueRevenue / employeeShape
MARA
Marathon Digital Holdings, Inc.
266$907M$3.41MHiring ahead
CIFR
Cipher Mining Inc.
66$224M$3.39MHiring ahead
CRCL
Circle Internet Group
1,100$2.75B$2.50M—
TW
Tradeweb Markets Inc.
1,569$2.05B$1.31MEfficient growth
WULF
TeraWulf Inc.
141$168M$1.19MHiring ahead
MKTX
MarketAxess Holdings Inc.
868$849M$978KLeaner
HUT
Hut 8 Corp.
248$235M$948KEfficient growth
RIOT
Riot Platforms, Inc.
816$647M$793KEfficient growth
FIGR
Figure Technology Solutions, Inc. Class A Common Stock
602$457M$759K—
Every Financial Services company

Questions about TeraWulf Inc.

How many employees does TeraWulf Inc. have?
TeraWulf Inc. reported 141 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 27, 2026. That is up 1075.0% from a year earlier.
What is TeraWulf Inc.'s revenue per employee?
TeraWulf Inc. brought in $168M of revenue in fiscal Dec 2025, which is $1.19M per employee. That ranks 15 of 21 companies we track in Financial - Capital Markets, where the median is $1.51M.
Where do these numbers come from?
Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare WULF with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Source: employee counts and revenue as stated in TeraWulf Inc.'s annual reports (Form 10-K), latest filed February 27, 2026. This is data, not a recommendation to buy or sell WULF.