Terawulf (WULF) Enterprise Value (2010 - 2026)
Terawulf (WULF) posted Enterprise Value of -$2.8 billion for Q1 2026, up 18.26% sequentially from -$3.5 billion in Q4 2025, and down 1194.98% YoY from $258.0 million in Q1 2025.
Terawulf (WULF) Enterprise Value (2010 - 2026) Analysis & Trends
Terawulf has reported Enterprise Value for 17 years, with the latest figure at -$2.8 billion in Q1 2026.
- Quarterly Enterprise Value fell 1194.98% year-over-year to -$2.8 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.8 billion (down 1194.98% YoY) and the FY2025 annual result came in at -$3.5 billion, down 1160.96% from the prior year.
- Enterprise Value grew to -$2.8 billion in Q1 2026 per WULF's latest filing, from -$3.5 billion in the prior quarter.
- Over five years, Enterprise Value peaked at -$1.3 million in Q4 2022 and troughed at -$3.5 billion in Q4 2025.
- A 5-year average of -$521.8 million and a median of -$54.4 million in 2023 frame the typical range for Enterprise Value.
- The sharpest annual moves came in 2022 and 2024: Enterprise Value soared 97.06% in 2022, then plunged 7896.08% in 2024.
- Over 5 years, Enterprise Value stood at -$1.3 million in 2022, then plunged by 4156.37% to -$54.4 million in 2023, then plunged by 403.5% to -$274.1 million in 2024, then plunged by 1160.96% to -$3.5 billion in 2025, then grew by 18.26% to -$2.8 billion in 2026.
- According to Business Quant data, Enterprise Value over the past three periods registered -$2.8 billion, -$3.5 billion, and -$711.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | -160.14 Bn |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | -976.35 Bn |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | -84.75 Bn |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | -15.88 Bn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | -17.32 Bn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | -2.21 Bn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | -1.52 Mn |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | -42.82 Bn |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | -2.70 Bn |
| 10 | Terawulf | 8.49 Bn | 5.66 Bn | 31.65 Mn | -2.83 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.83 Bn |
| Dec 31, 2025 | -3.46 Bn |
| Sep 30, 2025 | -711.32 Mn |
| Jun 30, 2025 | -89.99 Mn |
| Mar 31, 2025 | -218.16 Mn |
| Dec 31, 2024 | -274.10 Mn |
| Sep 30, 2024 | -23.94 Mn |
| Jun 30, 2024 | -104.11 Mn |
| Mar 31, 2024 | -45.82 Mn |
| Dec 31, 2023 | -54.44 Mn |
| Jun 30, 2023 | -1.30 Mn |
| Mar 31, 2023 | -7.00 Mn |
| Dec 31, 2022 | -1.28 Mn |
| Sep 30, 2022 | -10.59 Mn |
| Mar 31, 2022 | -3.59 Mn |
| Dec 31, 2021 | -43.45 Mn |
| Sep 30, 2021 | -1.50 Mn |
| Jun 30, 2021 | -2.26 Mn |
| Mar 31, 2021 | -6.30 Mn |
| Dec 31, 2020 | -3.69 Mn |