Company / Interest Expense
TERAWULF INC. Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$19.5M
FY2023
5-year range
$2.3M / $19.5M
FY2019-FY2023
Trend
+109.7%
vs FY2022
Sector context
#191 of 214
Financials
What the data says
TERAWULF INC.'s interest expense of $20M is lower than 89% of companies in the Financials sector (FY2023). Interest Expense has increased for 3 consecutive years, from $86,561 in FY2020 to $20M in FY2023.
Based on SEC 10-K filings.
$20M in FY2023 with a 5-year CAGR of +192.8%.
Increased from $2M to $20M over the past 2 years.
Financials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +508.5%
- 5-Year CAGR
- +192.8%
- 10-Year CAGR
- -
Sector benchmark
Top 11% in FinancialsTop 11% of 214This company $19.5M Sector average $939.3M
▼
-97.9% below sector average
Key checks
Key Insights
- TERAWULF INC.'s interest expense has grown for 3 consecutive years.
- 5-year CAGR of +192.8%, indicating consistent growth.
- In FY2023, interest expense increased 109.7% year-over-year.
- Ranks #191 out of 214 companies in the Financials sector.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 0.01 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $19.5M | +109.7% |
| FY2022 | $9.3M | +312.4% |
| FY2021 | $2.3M | +2505.1% |
| FY2020 | $86.6K | -3.9% |
| FY2019 | $90.1K | -0.6% |
| FY2018 | $90.6K | +9.0% |
| FY2017 | $83.1K | +42.7% |
| FY2016 | $58.2K | - |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026