Compare
Terawulf Inc. vs American Bitcoin Corp. vs Cipher Digital Inc. vs Keel Infrastructure Corp.
| Latest fiscal year | Terawulf Inc. WULF | American Bitcoin Corp. ABTC | Cipher Digital Inc. CIFR | Keel Infrastructure Corp. KEEL |
|---|---|---|---|---|
| Year ended | 2025-12-31 | 2025-12-31 | 2025-12-31 | 2025-12-31 |
| Revenue | $168.46M | $185.16M | $223.94M | $229.28M |
| Revenue growth (YoY) | +20.3% | +158.8% | +48.0% | +72.0% |
| Gross margin | 39.2% | 50.3% (computed) | 63.7% (computed) | -8.2% |
| Operating margin | -110.5% | -123.1% | -188.2% | -65.2% |
| Net margin | -392.6% | -82.7% | -367.2% | -124.1% |
| Net income | -$661.42M | -$153.17M | -$822.24M | -$284.54M |
| EPS (Diluted) | -$1.66 | -$0.17 | -$2.15 | -$0.52 |
| Operating cash flow | -$123.18M | -$79.61M | -$207.94M | -$226.59M |
| Free cash flow | -$1.18B | n/a | -$695.86M | -$326.89M |
| Cash & equivalents | $3.27B | n/a | $628.26M | n/a |
| Total assets | $6.56B | $1.25B | $4.29B | $1.30B |
| Total liabilities | $6.42B | $580.69M | $3.46B | $735.97M |
| Shareholders' equity | $140.44M | $665.82M | $805.53M | $560.38M |
| Return on year-end equity | -470.9% | -23.0% | -102.1% | -50.8% |
| Shares outstanding | 420.07M | n/a | 404.96M | 601.58M |
Revenue, most recent five fiscal years
| Fiscal year | Terawulf Inc. | American Bitcoin Corp. | Cipher Digital Inc. | Keel Infrastructure Corp. |
|---|---|---|---|---|
| Latest | $168.46M Ended 2025-12-31 | $185.16M Ended 2025-12-31 | $223.94M Ended 2025-12-31 | $229.28M Ended 2025-12-31 |
| 1 year earlier | $140.05M Ended 2024-12-31 | $71.54M Ended 2024-12-31 | $151.27M Ended 2024-12-31 | $133.27M Ended 2024-12-31 |
| 2 years earlier | $69.23M Ended 2023-12-31 | $64.98M Ended 2023-12-31 | $126.84M Ended 2023-12-31 | $120.40M Ended 2023-12-31 |
| 3 years earlier | $15.03M Ended 2022-12-31 | $10.46M Ended 2022-12-31 | $3.04M Ended 2022-12-31 | n/a |
| 4 years earlier | n/a | $17.63M Ended 2021-12-31 | n/a | n/a |