Terawulf (WULF) Payables (2010 - 2026)
Terawulf (WULF) recorded Payables of $197.81 million in Q2 2026, up 409.4% from $38.83 million a year earlier but down 39.4% from the prior quarter.
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Analysis
Terawulf (WULF) Payables (2010 - 2026) Analysis & Trends
At the end of FY2025, Terawulf reported Payables of $65.14 million, up 167.2% from FY2024.
- Annual Payables has a five-year compound annual growth rate of 169.3% (FY2020 to FY2025).
- Across earlier years, Payables came in at $24.38 million in FY2024 (+60.7%), $15.17 million in FY2023 (-30.6%), $21.86 million in FY2022 (+85.4%) and $11.79 million in FY2021.
- Quarterly Payables has ranged from $1.62 million in Q3 2021 to $326.17 million in Q1 2026 over the past five years.
- On a year-over-year basis, Payables has increased for eight consecutive quarters, with growth averaging 249.3% over the last eight quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 494.1% in Q1 2026, against a decline of 51.5% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $326.17 million (Q1 2026), $65.14 million (Q4 2025) and $62.28 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,961.51 Bn | 3,884.67 Bn | 60.48 Bn | 42.42 Bn |
| 2 | International Business Machines | 215.03 Bn | 165.84 Bn | 9.91 Bn | 10.17 Bn |
| 3 | Cloudflare | 114.69 Bn | 98.22 Bn | 499.52 Mn | 127.03 Mn |
| 4 | Equinix | 98.17 Bn | 86.73 Bn | 1.40 Bn | 1.26 Bn |
| 5 | Nebius | 44.92 Bn | 18.35 Bn | 448.70 Mn | 1.30 Bn |
| 6 | CoreWeave | 36.20 Bn | 23.29 Bn | 1.70 Bn | 3.63 Bn |
| 7 | Verisign | 27.35 Bn | 24.56 Bn | 384.60 Mn | 265.00 Mn |
| 8 | Nutanix | 18.78 Bn | 10.46 Bn | 651.35 Mn | 96.51 Mn |
| 9 | GoDaddy | 13.53 Bn | 9.11 Bn | 828.20 Mn | 122.90 Mn |
| 10 | Terawulf | 5.64 Bn | -3.59 Bn | 32.37 Mn | 197.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 197.81 Mn |
| Mar 31, 2026 | 326.17 Mn |
| Dec 31, 2025 | 65.14 Mn |
| Sep 30, 2025 | 62.28 Mn |
| Jun 30, 2025 | 38.83 Mn |
| Mar 31, 2025 | 54.90 Mn |
| Dec 31, 2024 | 24.38 Mn |
| Sep 30, 2024 | 19.77 Mn |
| Jun 30, 2024 | 8.40 Mn |
| Mar 31, 2024 | 14.31 Mn |
| Dec 31, 2023 | 15.17 Mn |
| Sep 30, 2023 | 19.42 Mn |
| Jun 30, 2023 | 17.30 Mn |
| Mar 31, 2023 | 18.97 Mn |
| Dec 31, 2022 | 21.86 Mn |
| Sep 30, 2022 | 18.28 Mn |
| Mar 31, 2022 | 12.85 Mn |
| Dec 31, 2021 | 11.79 Mn |
| Sep 30, 2021 | 1.62 Mn |
| Jun 30, 2021 | 1.52 Mn |
API Access
Terawulf Payables 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=payables&ticker=WULF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=WULF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();