Company / R&D Expense
TERAWULF INC. R&D Expense History
FY2016-FY2020 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$671.5K
FY2020
5-year range
-
FY2016-FY2020
Trend
-22.8%
vs FY2019
Sector context
#21 of 20
Financials
What the data says
Among 20 Financials companies, TERAWULF INC. is in the bottom -5% for r&d expense. R&D Expense has fluctuated over the past 5 years, ranging from $647,065 in FY2016 to $870,279 in FY2019.
Based on SEC 10-K filings.
$671,493 in FY2020 with a 3-year CAGR of -0.8%.
Remained stable around $671,493 over the past 2 years.
Financials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -0.8%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom -5% in FinancialsTop 105% of 20This company $671.5K Sector average $402.2M
▼
-99.8% below sector average
Key checks
Key Insights
- 3-year CAGR of -0.8%, indicating a declining trend.
- In FY2020, r&d expense decreased 22.8% year-over-year.
- Ranks #21 out of 20 companies in the Financials sector.
- Peak r&d expense was recorded in FY2019.
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 | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | - | - |
| FY2021 | - | - |
| FY2020 | $671.5K | -22.8% |
| FY2019 | $870.3K | +28.5% |
| FY2018 | $677.2K | -1.7% |
| FY2017 | $688.7K | +6.4% |
| FY2016 | $647.1K | -2.0% |
As of FY2020 · SEC 10-K · Updated Feb 28, 2026