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
DateValue
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