Terawulf (WULF) Long-Term Debt Issuances (2021 - 2025)
Terawulf (WULF) recorded Long-Term Debt Issuances of $2.16 billion in Q4 2025, up 343.2% from $486.84 million a year earlier.
Analysis
Terawulf (WULF) Long-Term Debt Issuances (2021 - 2025) Analysis & Trends
For FY2025, Terawulf reported Long-Term Debt Issuances of $3.13 billion, up 543.2% from FY2024.
- Annual Long-Term Debt Issuances has a five-year compound annual growth rate of 381.2% (FY2020 to FY2025).
- Across earlier years, Long-Term Debt Issuances came in at $487.05 million in FY2024, $2.51 million in FY2023 (-88.8%), $22.46 million in FY2022 (-81.0%) and $118.28 million in FY2021.
- The Q4 2025 figure is the highest quarterly Long-Term Debt Issuances in data going back to Q4 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | LT Debt Issuance (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,978.22 Bn | 3,913.71 Bn | 62.56 Bn | - |
| 2 | International Business Machines | 234.30 Bn | 188.91 Bn | 9.71 Bn | 1.98 Bn |
| 3 | Equinix | 98.75 Bn | 86.64 Bn | 1.31 Bn | 2.98 Bn |
| 4 | Cloudflare | 87.20 Bn | 70.73 Bn | 499.52 Mn | - |
| 5 | Nebius | 29.33 Bn | 2.76 Bn | 448.70 Mn | - |
| 6 | Verisign | 28.15 Bn | 25.50 Bn | 393.20 Mn | -1.40 Mn |
| 7 | CoreWeave | 24.27 Bn | 11.36 Bn | 1.70 Bn | 13.46 Bn |
| 8 | Nutanix | 15.78 Bn | 7.47 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 15.07 Bn | 10.45 Bn | 843.00 Mn | - |
| 10 | Terawulf | 4.95 Bn | -4.28 Bn | 32.37 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 4.13 Bn |
| Dec 31, 2024 | 487.05 Mn |
| Sep 30, 2024 | 211,000.00 |
| Dec 31, 2023 | 1.72 Mn |
| Jun 30, 2023 | 495,000.00 |
| Mar 31, 2023 | 1.55 Mn |
| Dec 31, 2022 | 13.10 Mn |
| Sep 30, 2022 | 15.11 Mn |
| Jun 30, 2022 | 14.70 Mn |
| Mar 31, 2022 | 4.71 Mn |
| Dec 31, 2021 | 143.28 Mn |
API Access
Terawulf Long-Term Debt Issuances API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-debt-issuances&ticker=WULF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-debt-issuances", "ticker": "WULF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-debt-issuances&ticker=WULF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();