Terawulf (WULF) Common Equity (2010 - 2026)
Terawulf (WULF) reported Common Equity of $147.53 million for Q2 2026, down 15.4% from $174.33 million a year earlier.
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Analysis
Terawulf (WULF) Common Equity (2010 - 2026) Analysis & Trends
At the end of FY2025, Terawulf posted Common Equity of $140.45 million, down 42.5% from FY2024.
- Common Equity has a five-year compound annual growth rate of 64.0% (FY2020 to FY2025).
- By year, Common Equity came in at $244.45 million in FY2024 (+9.9%), $222.49 million in FY2023 (+88.9%), $117.75 million in FY2022 (-4.4%) and $123.18 million in FY2021 (+940.4%).
- Five-year quarterly Common Equity spans a low of -$77.62 million in Q1 2026 and a high of $386.24 million in Q2 2024.
- Year over year, Common Equity gained in two of the last seven quarters, with an average decline of 4.6%.
- The high point for year-over-year Common Equity in five years was Q4 2021 (growth of 940.4%); the low point was Q2 2025 (a decline of 54.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$77.62 million (Q1 2026), $140.45 million (Q4 2025) and $247.34 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,961.51 Bn | 3,884.67 Bn | 60.48 Bn | 442.39 Bn |
| 2 | International Business Machines | 215.03 Bn | 165.84 Bn | 9.91 Bn | 34.54 Bn |
| 3 | Cloudflare | 114.69 Bn | 98.22 Bn | 499.52 Mn | 1.62 Bn |
| 4 | Equinix | 98.17 Bn | 86.73 Bn | 1.40 Bn | 14.38 Bn |
| 5 | Nebius | 44.92 Bn | 18.35 Bn | 448.70 Mn | 10.34 Bn |
| 6 | CoreWeave | 36.20 Bn | 23.29 Bn | 1.70 Bn | 5.02 Bn |
| 7 | Verisign | 27.35 Bn | 24.56 Bn | 384.60 Mn | -2.25 Bn |
| 8 | Nutanix | 18.78 Bn | 10.46 Bn | 651.35 Mn | 702.57 Mn |
| 9 | GoDaddy | 13.53 Bn | 9.11 Bn | 828.20 Mn | 6.70 Mn |
| 10 | Terawulf | 5.64 Bn | -3.59 Bn | 32.37 Mn | 147.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 147.53 Mn |
| Mar 31, 2026 | -77.62 Mn |
| Dec 31, 2025 | 140.45 Mn |
| Sep 30, 2025 | 247.34 Mn |
| Jun 30, 2025 | 174.33 Mn |
| Mar 31, 2025 | 170.38 Mn |
| Dec 31, 2024 | 244.45 Mn |
| Sep 30, 2024 | 372.63 Mn |
| Jun 30, 2024 | 386.24 Mn |
| Mar 31, 2024 | 272.34 Mn |
| Dec 31, 2023 | 222.49 Mn |
| Sep 30, 2023 | 153.93 Mn |
| Jun 30, 2023 | 134.82 Mn |
| Mar 31, 2023 | 146.31 Mn |
| Dec 31, 2022 | 117.75 Mn |
| Sep 30, 2022 | 121.84 Mn |
| Jun 30, 2022 | 135.26 Mn |
| Mar 31, 2022 | 121.01 Mn |
| Dec 31, 2021 | 123.18 Mn |
| Sep 30, 2021 | 17.64 Mn |
API Access
Terawulf Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=WULF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "WULF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=WULF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();