Terawulf WULF
NASDAQ WULF
$15.40 +0.91 (+6.31%)
As of: Sep 16, 2026 · 3:59 PM EDT

Terawulf (WULF) Debt Ratio (2016 - 2026)

Terawulf's (WULF) quarterly Debt Ratio came in at 0.52 in Q2 2026, up 1416.65% year-over-year from 0.03 in Q2 2025, and down 0.67% quarter-over-quarter from 0.53 in Q1 2026.

Analysis

Terawulf (WULF) Debt Ratio (2016 - 2026) Analysis & Trends

Terawulf has disclosed Debt Ratio across 11 years of filings, most recently posting 0.52 for Q2 2026.

  • In Q2 2026, Debt Ratio rose 1416.65% year-over-year to 0.52; the TTM figure through Jun 2026 stood at 0.52 (up 1416.65% YoY), while the FY2025 annual figure was 0.55, changed N/A from the prior year.
  • Debt Ratio came in at 0.52 for Q2 2026 at Terawulf, down from 0.53 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.65 in Q4 2023 to a low of 0.03 in Q2 2025.
  • Average Debt Ratio over 5 years is 0.45, with a median of 0.5 recorded in 2024.
  • Year-over-year, Debt Ratio slumped 88.56% in 2025 and soared 1416.65% in 2026.
  • Over 5 years, Debt Ratio stood at 0.57 in 2022, then rose by 15.2% to 0.65 in 2023, then tumbled by 53.83% to 0.3 in 2024, then jumped by 81.41% to 0.55 in 2025, then retreated by 4.35% to 0.52 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.52 in Q2 2026, 0.53 in Q1 2026, and 0.55 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Equinix 100.35 Bn 98.13 Bn 1.40 Bn 0.48
2 Terawulf 7.45 Bn 4.69 Bn 32.37 Mn 0.52
3 Cipher Digital 6.82 Bn 2.80 Bn 9.79 Mn 0.75
4 Applied Digital 6.71 Bn 2.74 Bn 97.29 Mn 0.50
5 GDS Holdings 5.78 Bn 3.59 Bn 97.89 Mn 0.32
6 Core Scientific 5.48 Bn 3.54 Bn 70.04 Mn 1.16
7 Vnet 1.63 Bn 636.30 Mn 74.45 Mn 10.14
8 Sify Technologies 1.44 Bn 1.44 Bn 51.65 Mn -
9 WhiteFiber 666.74 Mn 606.37 Mn 18.88 Mn 0.07
10 Vulcan Infrastructure & Power 432.00 Mn 428.80 Mn -1.25 Mn 1.89
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.52
Mar 31, 2026 0.53
Dec 31, 2025 0.55
Jun 30, 2025 0.03
Jun 30, 2024 0.30
Mar 31, 2024 0.50
Dec 31, 2023 0.65
Sep 30, 2023 0.65
Jun 30, 2023 0.41
Mar 31, 2023 0.39
Dec 31, 2022 0.57
Sep 30, 2022 0.38
Mar 31, 2022 0.41
Dec 31, 2021 0.40
Mar 31, 2021 0.14
Dec 31, 2020 0.17
Sep 30, 2020 0.26
Jun 30, 2020 0.26
Mar 31, 2020 0.18
Dec 31, 2019 0.17