Terawulf (WULF) Equity Ratio (2010 - 2026)

Terawulf (WULF) posted Equity Ratio of 0.01 for Q1 2026, down 152.48% sequentially from 0.02 in Q4 2025, and down 105.55% YoY from 0.2 in Q1 2025.

Terawulf (WULF) Equity Ratio (2010 - 2026) Analysis & Trends

Terawulf (WULF) has 17 years of Equity Ratio data on file, last reported at 0.01 in Q1 2026.

  • Quarterly Equity Ratio fell 105.55% year-over-year to 0.01 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.01 (down 105.55% YoY) and the FY2025 annual result came in at 0.02, down 93.1% from the prior year.
  • Equity Ratio slipped to 0.01 in Q1 2026 per WULF's latest filing, from 0.02 in the prior quarter.
  • The five-year high for Equity Ratio was 0.92 in Q3 2024, with the low at 0.01 in Q1 2026.
  • Average Equity Ratio over 5 years is 0.4, with a median of 0.42 recorded in 2022.
  • Year-over-year, Equity Ratio soared 85.95% in 2024 and sank 105.55% in 2026.
  • Terawulf's Equity Ratio stood at 0.37 in 2022, then jumped by 58.75% to 0.59 in 2023, then tumbled by 47.25% to 0.31 in 2024, then slumped by 93.1% to 0.02 in 2025, then tumbled by 152.48% to 0.01 in 2026.
  • Business Quant data shows WULF's Equity Ratio at 0.01 in Q1 2026, 0.02 in Q4 2025, and 0.1 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 0.07
2 Goldman Sachs 309.79 Bn -627.76 Bn - 0.06
3 Schwab Charles 167.21 Bn 122.24 Bn - 0.10
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 0.18
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 0.21
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 0.30
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 0.88
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 0.04
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 0.37
10 Terawulf 9.97 Bn 7.15 Bn 31.65 Mn -0.01

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.01
Dec 31, 2025 0.02
Sep 30, 2025 0.10
Jun 30, 2025 0.20
Mar 31, 2025 0.20
Dec 31, 2024 0.31
Sep 30, 2024 0.92
Jun 30, 2024 0.81
Mar 31, 2024 0.69
Dec 31, 2023 0.59
Sep 30, 2023 0.49
Jun 30, 2023 0.45
Mar 31, 2023 0.46
Dec 31, 2022 0.37
Sep 30, 2022 0.39
Mar 31, 2022 0.44
Dec 31, 2021 0.46
Sep 30, 2021 1.42
Jun 30, 2021 0.84
Mar 31, 2021 0.94