2026 total fixed cost guidance
Company: TeraWulf
The claim, verbatim
2026 total fixed costs expected between $100-125 million including convertible interest
Source (primary)
Q4 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “Total Fixed Costs $100 – 125 million”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The guidance slide shows total fixed costs of $100–125 million, made up of SG&A and $24 million of convertible interest.
Confirmed in the source:
- 2026 total fixed cost guidance is $100–125 million
- Total fixed costs include convertible interest ($24 million) alongside SG&A
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23307/pdf/TeraWulf_Q4_2025_Investor_Presentation_%28Feb_2026%29.pdf) in full (28,069 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q4 Earnings Update Presentation
Quote: “Total Fixed Costs $100 – 125 million”