Compare
Terawulf Inc. vs Cipher Digital Inc. vs Keel Infrastructure Corp. vs Athena Bitcoin Global
| Latest fiscal year | Terawulf Inc. WULF | Cipher Digital Inc. CIFR | Keel Infrastructure Corp. KEEL | Athena Bitcoin Global ABIT |
|---|---|---|---|---|
| Year ended | 2025-12-31 | 2025-12-31 | 2025-12-31 | 2025-12-31 |
| Revenue | $168.46M | $223.94M | $229.28M | $234.60M |
| Revenue growth (YoY) | +20.3% | +48.0% | +72.0% | -17.8% |
| Gross margin | 39.2% | 63.7% (computed) | -8.2% | 10.6% |
| Operating margin | -110.5% | -188.2% | -65.2% | 0.4% |
| Net margin | -392.6% | -367.2% | -124.1% | -2.6% |
| Net income | -$661.42M | -$822.24M | -$284.54M | -$6.03M |
| EPS (Diluted) | -$1.66 | -$2.15 | -$0.52 | $0.00 |
| Operating cash flow | -$123.18M | -$207.94M | -$226.59M | $12.62M |
| Free cash flow | -$1.18B | -$695.86M | -$326.89M | n/a |
| Cash & equivalents | $3.27B | $628.26M | n/a | $11.38M |
| Total assets | $6.56B | $4.29B | $1.30B | $69.47M |
| Total liabilities | $6.42B | $3.46B | $735.97M | $54.16M |
| Shareholders' equity | $140.44M | $805.53M | $560.38M | $15.31M |
| Return on year-end equity | -470.9% | -102.1% | -50.8% | -39.4% |
| Shares outstanding | 420.07M | 404.96M | 601.58M | 4.10B |
Revenue, most recent five fiscal years
| Fiscal year | Terawulf Inc. | Cipher Digital Inc. | Keel Infrastructure Corp. | Athena Bitcoin Global |
|---|---|---|---|---|
| Latest | $168.46M Ended 2025-12-31 | $223.94M Ended 2025-12-31 | $229.28M Ended 2025-12-31 | $234.60M Ended 2025-12-31 |
| 1 year earlier | $140.05M Ended 2024-12-31 | $151.27M Ended 2024-12-31 | $133.27M Ended 2024-12-31 | $285.39M Ended 2024-12-31 |
| 2 years earlier | $69.23M Ended 2023-12-31 | $126.84M Ended 2023-12-31 | $120.40M Ended 2023-12-31 | n/a |
| 3 years earlier | $15.03M Ended 2022-12-31 | $3.04M Ended 2022-12-31 | n/a | n/a |
| 4 years earlier | n/a | n/a | n/a | n/a |