Terawulf (WULF) Enterprise Value (2010 - 2026)
Terawulf's (WULF) quarterly Enterprise Value came in at $9.6 billion in Q2 2026, up 454.0% year-over-year from $1.7 billion in Q2 2025, and up 189.02% quarter-over-quarter from $3.3 billion in Q1 2026.
Analysis
Terawulf (WULF) Enterprise Value (2010 - 2026) Analysis & Trends
Terawulf has disclosed Enterprise Value across 17 years of filings, most recently posting $9.6 billion for Q2 2026.
- In Q2 2026, Enterprise Value rose 454.0% year-over-year to $9.6 billion; the TTM figure through Jun 2026 stood at $9.6 billion (up 454.0% YoY), while the FY2025 annual figure was $1.4 billion, down 31.96% from the prior year.
- Enterprise Value came in at $9.6 billion for Q2 2026 at Terawulf, up from $3.3 billion in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of $9.6 billion in Q2 2026 to a low of $67.1 million in Q4 2022.
- Average Enterprise Value over 5 years is $1.6 billion, with a median of $865.4 million recorded in 2022.
- The largest YoY upside for Enterprise Value was 6282.05% in 2022 against a maximum downside of 95.41% in 2022.
- Over 5 years, Enterprise Value stood at $67.1 million in 2022, then soared by 569.99% to $449.5 million in 2023, then soared by 348.05% to $2.0 billion in 2024, then plunged by 31.96% to $1.4 billion in 2025, then surged by 597.82% to $9.6 billion in 2026.
- Per Business Quant data, the three most recent Enterprise Value figures were $9.6 billion in Q2 2026, $3.3 billion in Q1 2026, and $1.4 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.56 Bn |
| Mar 31, 2026 | 3.31 Bn |
| Dec 31, 2025 | 1.37 Bn |
| Sep 30, 2025 | 4.30 Bn |
| Jun 30, 2025 | 1.73 Bn |
| Mar 31, 2025 | 896.22 Mn |
| Dec 31, 2024 | 2.01 Bn |
| Sep 30, 2024 | 1.77 Bn |
| Jun 30, 2024 | 1.56 Bn |
| Mar 31, 2024 | 750.86 Mn |
| Dec 31, 2023 | 449.46 Mn |
| Sep 30, 2023 | 286.01 Mn |
| Jun 30, 2023 | 369.86 Mn |
| Mar 31, 2023 | 158.11 Mn |
| Dec 31, 2022 | 67.08 Mn |
| Sep 30, 2022 | 134.87 Mn |
| Jun 30, 2022 | 124.94 Mn |
| Mar 31, 2022 | 834.49 Mn |
| Dec 31, 2021 | 1.46 Bn |
| Sep 30, 2021 | 54.77 Mn |