The ultrastructure of spermatozoon and sperm production were observed in wolffish (Anarhichas lupus), a species with internal fertilization, from a broodstock. The mature spermatozoon has an elongated head, eccentric flagellum, and comparatively well developed middle piece. Based on the observations of sperm cells with the optical microscope, the mean lengths of spermatozoon head and flagellum were 3.3 and 21.2 μm respectively. A high variability of sperm cell size was observed due to the presence of spermatids and degenerated spermatozoa in the ejaculate. In most males, sperm production was registered throughout the whole year with a peak in December and January. Sperm production decreased to the end of the breeding season. The difference in volumes of ejaculate and sperm concentrations between males kept at two light cycles (18D: 6L and 6D: 18L) was not significant. Features of wolffish sperm are compared with data reported in the literature on other internally and externally fertilizing fish.