Terawulf (WULF) Debt to Equity (2016 - 2026)

Terawulf has disclosed Debt to Equity across 11 years of filings, most recently posting -$39.4 for Q1 2026.

• Debt to Equity for Q1 2026 came in at -$39.4, changed N/A year-over-year; the trailing twelve-month figure through Mar 2026 was -$39.4 (changed N/A YoY), and the FY2025 annual result was $21.73, changed N/A from the prior year.
• Debt to Equity came in at -$39.4 for Q1 2026 at Terawulf, down from $21.73 in the prior quarter.
• In the past five years, Debt to Equity ranged from a high of $21.73 in Q4 2025 to a low of -$39.4 in Q1 2026.
• The 5-year median for Debt to Equity is $0.75 (2022), against an average of -$0.94.
• Across the five-year window, Debt to Equity soared 1656.06% in 2022 and sank 78.77% in 2024, its largest moves.
• Terawulf's Debt to Equity stood at $1.06 in 2022, then slumped by 47.66% to $0.56 in 2023, then slumped by 66.26% to $0.19 in 2024, then surged by 11503.59% to $21.73 in 2025, then plunged by 281.3% to -$39.4 in 2026.
• The last three Debt to Equity figures came in at -$39.4 (Q1 2026), $21.73 (Q4 2025), and $0.17 (Q2 2025), per Business Quant data.