Terawulf (WULF) Market Capitalization (2010 - 2026)
Terawulf's (WULF) quarterly Market Capitalization came in at $12.3 billion in Q2 2026, up 578.63% year-over-year from $1.8 billion in Q2 2025, and up 100.92% quarter-over-quarter from $6.1 billion in Q1 2026.
Analysis
Terawulf (WULF) Market Capitalization (2010 - 2026) Analysis & Trends
Terawulf has disclosed Market Capitalization across 17 years of filings, most recently posting $12.3 billion for Q2 2026.
- In Q2 2026, Market Capitalization rose 578.63% year-over-year to $12.3 billion; the TTM figure through Jun 2026 stood at $12.3 billion (up 578.63% YoY), while the FY2025 annual figure was $4.8 billion, up 110.96% from the prior year.
- Market Capitalization came in at $12.3 billion for Q2 2026 at Terawulf, up from $6.1 billion in the prior quarter.
- In the past five years, Market Capitalization ranged from a high of $12.3 billion in Q2 2026 to a low of $74.1 million in Q4 2022.
- Average Market Capitalization over 5 years is $2.2 billion, with a median of $980.5 million recorded in 2022.
- The largest YoY upside for Market Capitalization was 4269.6% in 2022 against a maximum downside of 95.07% in 2022.
- Over 5 years, Market Capitalization stood at $74.1 million in 2022, then jumped by 579.76% to $503.9 million in 2023, then soared by 354.04% to $2.3 billion in 2024, then soared by 110.96% to $4.8 billion in 2025, then soared by 155.33% to $12.3 billion in 2026.
- Per Business Quant data, the three most recent Market Capitalization figures were $12.3 billion in Q2 2026, $6.1 billion in Q1 2026, and $4.8 billion 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 | 12.32 Bn |
| Mar 31, 2026 | 6.13 Bn |
| Dec 31, 2025 | 4.83 Bn |
| Sep 30, 2025 | 5.02 Bn |
| Jun 30, 2025 | 1.82 Bn |
| Mar 31, 2025 | 1.11 Bn |
| Dec 31, 2024 | 2.29 Bn |
| Sep 30, 2024 | 1.79 Bn |
| Jun 30, 2024 | 1.67 Bn |
| Mar 31, 2024 | 796.68 Mn |
| Dec 31, 2023 | 503.90 Mn |
| Sep 30, 2023 | 292.60 Mn |
| Jun 30, 2023 | 378.10 Mn |
| Mar 31, 2023 | 175.09 Mn |
| Dec 31, 2022 | 74.13 Mn |
| Sep 30, 2022 | 145.46 Mn |
| Jun 30, 2022 | 124.94 Mn |
| Mar 31, 2022 | 846.64 Mn |
| Dec 31, 2021 | 1.50 Bn |
| Sep 30, 2021 | 56.28 Mn |