Terawulf (WULF) Prepaid Assets (2011 - 2026)
Terawulf's Prepaid Assets came in at $18.31 million for Q2 2026, up 523.1% from $2.94 million a year earlier but down 11.0% from the prior quarter.
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Analysis
Terawulf (WULF) Prepaid Assets (2011 - 2026) Analysis & Trends
At the end of FY2025, Terawulf's Prepaid Assets was $6.27 million, up 151.6% from FY2024.
- Prepaid Assets carries a five-year compound annual growth rate of 118.5% (FY2020 to FY2025).
- Going back by year, Prepaid Assets was $2.49 million in FY2024 (-45.1%), $4.54 million in FY2023 (-10.9%), $5.1 million in FY2022 (+241.0%) and $1.49 million in FY2021.
- The five-year range for quarterly Prepaid Assets is $183,516 (Q3 2021) to $20.57 million (Q1 2026).
- Year-over-year, Prepaid Assets has increased for three consecutive quarters, with growth averaging 126.1% over the last eight quarters.
- The fastest year-over-year change in Prepaid Assets over five years came in Q2 2026 (growth of 523.1%), and the weakest in Q4 2024 (a decline of 45.1%).
- Business Quant data shows WULF's Prepaid Assets at $20.57 million (Q1 2026), $6.27 million (Q4 2025) and $2.96 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,961.51 Bn | 3,884.67 Bn | 60.48 Bn |
| 2 | International Business Machines | 215.03 Bn | 165.84 Bn | 9.91 Bn |
| 3 | Cloudflare | 114.69 Bn | 98.22 Bn | 499.52 Mn |
| 4 | Equinix | 98.17 Bn | 86.73 Bn | 1.40 Bn |
| 5 | Nebius | 44.92 Bn | 18.35 Bn | 448.70 Mn |
| 6 | CoreWeave | 36.20 Bn | 23.29 Bn | 1.70 Bn |
| 7 | Verisign | 27.35 Bn | 24.56 Bn | 384.60 Mn |
| 8 | Nutanix | 18.78 Bn | 10.46 Bn | 651.35 Mn |
| 9 | GoDaddy | 13.53 Bn | 9.11 Bn | 828.20 Mn |
| 10 | Terawulf | 5.64 Bn | -3.59 Bn | 32.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.31 Mn |
| Mar 31, 2026 | 20.57 Mn |
| Dec 31, 2025 | 6.27 Mn |
| Sep 30, 2025 | 2.96 Mn |
| Jun 30, 2025 | 2.94 Mn |
| Mar 31, 2025 | 4.80 Mn |
| Dec 31, 2024 | 2.49 Mn |
| Sep 30, 2024 | 3.09 Mn |
| Jun 30, 2024 | 2.85 Mn |
| Mar 31, 2024 | 3.97 Mn |
| Dec 31, 2023 | 4.54 Mn |
| Sep 30, 2023 | 2.36 Mn |
| Jun 30, 2023 | 3.47 Mn |
| Mar 31, 2023 | 4.38 Mn |
| Dec 31, 2022 | 5.10 Mn |
| Sep 30, 2022 | 3.14 Mn |
| Mar 31, 2022 | 5.94 Mn |
| Dec 31, 2021 | 1.49 Mn |
| Sep 30, 2021 | 183,516.00 |
| Jun 30, 2021 | 162,786.00 |
API Access
Terawulf Prepaid Assets 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=prepaid-assets&ticker=WULF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=WULF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();