Terawulf (WULF) EV to EBIT (2010 - 2026)
Terawulf's (WULF) quarterly EV to EBIT came in at 68.08 in Q2 2026, up 38.51% year-over-year from 49.15 in Q2 2025, and down 233.66% quarter-over-quarter from 20.4 in Q1 2026.
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Terawulf (WULF) EV to EBIT (2010 - 2026) Analysis & Trends
Terawulf has disclosed EV to EBIT across 17 years of filings, most recently posting 68.08 for Q2 2026.
- In Q2 2026, EV to EBIT rose 38.51% year-over-year to 68.08; the TTM figure through Jun 2026 stood at 23.12 (down 90.68% YoY), while the FY2025 annual figure was 7.36, up 72.15% from the prior year.
- EV to EBIT came in at 68.08 for Q2 2026 at Terawulf, down from 20.4 in the prior quarter.
- In the past five years, EV to EBIT ranged from a high of 5.01 in Q4 2022 to a low of 324.21 in Q1 2024.
- Average EV to EBIT over 5 years is 79.98, with a median of 51.22 recorded in 2024.
- Year-over-year, EV to EBIT tumbled 1822.38% in 2023 and surged 95.36% in 2025.
- Over 5 years, EV to EBIT stood at 5.01 in 2022, then plunged by 1822.38% to 96.33 in 2023, then soared by 59.35% to 39.16 in 2024, then surged by 59.47% to 15.87 in 2025, then tumbled by 328.89% to 68.08 in 2026.
- Per Business Quant data, the three most recent EV to EBIT figures were 68.08 in Q2 2026, 20.4 in Q1 2026, and 15.87 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 102.22 Bn | 100.02 Bn | 1.40 Bn |
| 2 | Terawulf | 8.24 Bn | 5.48 Bn | 32.37 Mn |
| 3 | Applied Digital | 7.59 Bn | 5.57 Bn | 97.29 Mn |
| 4 | Cipher Digital | 7.35 Bn | 3.35 Bn | 9.79 Mn |
| 5 | GDS Holdings | 6.47 Bn | 4.41 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.72 Bn | 3.78 Bn | 70.04 Mn |
| 7 | Vnet | 1.71 Bn | 828.02 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.56 Bn | 1.56 Bn | 51.65 Mn |
| 9 | WhiteFiber | 758.96 Mn | 698.59 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -68.08 |
| Mar 31, 2026 | -20.40 |
| Dec 31, 2025 | -15.87 |
| Sep 30, 2025 | -174.47 |
| Jun 30, 2025 | -110.71 |
| Mar 31, 2025 | -15.03 |
| Dec 31, 2024 | -39.16 |
| Sep 30, 2024 | -112.45 |
| Jun 30, 2024 | -230.93 |
| Mar 31, 2024 | -324.21 |
| Dec 31, 2023 | -96.33 |
| Sep 30, 2023 | -29.52 |
| Jun 30, 2023 | -63.28 |
| Mar 31, 2023 | -17.15 |
| Dec 31, 2022 | -5.01 |
| Sep 30, 2022 | -10.08 |
| Jun 30, 2022 | -15.99 |
| Mar 31, 2022 | -91.03 |
| Dec 31, 2021 | -35.02 |
| Sep 30, 2021 | -9.08 |