Terawulf (WULF) Preferred Shares (2021 - 2025)
Terawulf's (WULF) quarterly Preferred Shares came in at $100.0 million in Q3 2025, up 978.4% year-over-year from $9.3 million in Q3 2024, and up 978.4% quarter-over-quarter from $9.3 million in Q2 2025.
Analysis
Terawulf (WULF) Preferred Shares (2021 - 2025) Analysis & Trends
Terawulf has disclosed Preferred Shares across 5 years of filings, most recently posting $100.0 million for Q3 2025.
- In Q3 2025, Preferred Shares rose 978.4% year-over-year to $100.0 million; the TTM figure through Sep 2025 stood at $100.0 million (up 978.4% YoY), while the FY2024 annual figure was $9.3 million, changed 0.0% from the prior year.
- Preferred Shares came in at $100.0 million for Q3 2025 at Terawulf, up from $9.3 million in the prior quarter.
- In the past five years, Preferred Shares ranged from a high of $100.0 million in Q3 2025 to a low of $9.3 million in Q1 2022.
- Average Preferred Shares over 5 years is $16.4 million, with a median of $9.3 million recorded in 2022.
- Year-over-year, Preferred Shares slumped 62.91% in 2022 and soared 978.4% in 2025.
- Over 5 years, Preferred Shares stood at $25.0 million in 2021, then tumbled by 62.91% to $9.3 million in 2022, then changed by 0.0% to $9.3 million in 2023, then changed by 0.0% to $9.3 million in 2024, then soared by 978.4% to $100.0 million in 2025.
- Per Business Quant data, the three most recent Preferred Shares figures were $100.0 million in Q3 2025, $9.3 million in Q2 2025, and $9.3 million in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Preferred Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | - |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | - |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | - |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | - |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | - |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | - |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | - |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | - |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 100.00 Mn |
| Jun 30, 2025 | 9.27 Mn |
| Mar 31, 2025 | 9.27 Mn |
| Dec 31, 2024 | 9.27 Mn |
| Sep 30, 2024 | 9.27 Mn |
| Jun 30, 2024 | 9.27 Mn |
| Mar 31, 2024 | 9.27 Mn |
| Dec 31, 2023 | 9.27 Mn |
| Sep 30, 2023 | 9.27 Mn |
| Jun 30, 2023 | 9.27 Mn |
| Mar 31, 2023 | 9.27 Mn |
| Dec 31, 2022 | 9.27 Mn |
| Sep 30, 2022 | 9.80 Mn |
| Mar 31, 2022 | 9.27 Mn |
| Mar 31, 2021 | 25.00 Mn |