Target NOI margin on contracts

Subject kind: guidance
Statement date: 2026-05-14
Promised amount: 85.0 percent
Current status: stated

The claim, verbatim

TeraWulf targets ~85% NOI margin on contracts at stabilization.

Source (primary)

Q1 2026 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗

Quote: “Stabilized Economics ~85% target NOI margin on contracts”

How we checked this

Checked on October 13, 2026. The cited source supports every part of this claim.

The playbook slide lists '~85% target NOI margin on contracts' under 'Stabilized Economics'.

Confirmed in the source:

TeraWulf targets an approximately 85% NOI margin on contracts
The target refers to stabilized economics

What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23490/pdf/TeraWulf+Q1+2026+Investor+Presentation+%28May+2026%29.pdf) in full (27,753 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Q1 2026 Earnings Update Presentation

Quote: “Stabilized Economics ~85% target NOI margin on contracts”

View cached copy (2026-10-06)Live source ↗Archive.org ↗

Record of changes

October 6, 2026 — stated

Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.

October 9, 2026 — stated

Review. statement_date 2026-10-06 was the source's retrieval date; source published 2026-05-14.