Terawulf (WULF) Enterprise Value (2010 - 2026)
Terawulf's (WULF) quarterly Enterprise Value came in at -$2.8 billion in Q1 2026, down 1194.97% year-on-year from $258.0 million in Q1 2025, and up 18.26% quarter-over-quarter from -$3.5 billion in Q4 2025.
Terawulf (WULF) Enterprise Value (2010 - 2026) Analysis & Trends
Terawulf has disclosed Enterprise Value across 17 years of filings, most recently posting -$2.8 billion for Q1 2026.
- Enterprise Value for Q1 2026 came in at -$2.8 billion, down 1194.97% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.8 billion (down 1194.97% YoY), and the FY2025 annual result was -$3.5 billion, down 1161.13% from the prior year.
- Enterprise Value came in at -$2.8 billion for Q1 2026 at Terawulf, up from -$3.5 billion in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$1000.0 in Q1 2023 to a low of -$3.5 billion in Q4 2025.
- The 5-year median for Enterprise Value is -$50.1 million (2023), against an average of -$490.5 million.
- Across the five-year window, Enterprise Value jumped 99.99% in 2023 and sank 4582300.0% in 2024, its largest moves.
- Terawulf's Enterprise Value stood at -$7.0 million in 2022, then plunged by 672.84% to -$54.4 million in 2023, then sank by 403.44% to -$274.1 million in 2024, then tumbled by 1161.13% to -$3.5 billion in 2025, then climbed by 18.26% to -$2.8 billion in 2026.
- The last three Enterprise Value figures came in at -$2.8 billion (Q1 2026), -$3.5 billion (Q4 2025), and -$711.3 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | -268,003.51 |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | -133.53 Bn |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | -937.55 Bn |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | -44.98 Bn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | -4.64 Bn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 10.59 Bn |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | -1.02 Bn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | -1.25 Bn |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | -1.52 Bn |
| 10 | Terawulf | 2.09 Bn | -734.82 Mn | 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 | -711.30 Mn |
| Jun 30, 2025 | -90.00 Mn |
| Mar 31, 2025 | -218.16 Mn |
| Dec 31, 2024 | -274.07 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 |
| Sep 30, 2023 | -6.60 Mn |
| Jun 30, 2023 | -8.24 Mn |
| Mar 31, 2023 | -1,000.00 |
| Dec 31, 2022 | -7.04 Mn |
| Sep 30, 2022 | -10.59 Mn |
| Mar 31, 2022 | -12.15 Mn |
| Dec 31, 2021 | -43.40 Mn |
| Sep 30, 2021 | -1.50 Mn |
| Jun 30, 2021 | -2.26 Mn |
| Mar 31, 2021 | -6.30 Mn |