Terawulf (WULF) Price to Sales (2011 - 2026)
Terawulf's (WULF) Price to Sales stood at 74.60 in Q2 2026, up 551.6% from 11.45 a year earlier and up 104.4% from the prior quarter.
Analysis
Terawulf (WULF) Price to Sales (2011 - 2026) Analysis & Trends
For FY2025, Terawulf's Price to Sales came in at 28.65, up 75.4% from FY2024.
- Annual Price to Sales has increased for three straight years.
- Across earlier years, Price to Sales came in at 16.34 in FY2024 (+124.4%), 7.28 in FY2023 (+47.6%) and 4.93 in FY2022.
- The Q2 2026 figure is the highest quarterly Price to Sales in data going back to Q1 2011.
- On a year-over-year basis, Price to Sales has increased for four consecutive quarters, with growth averaging 171.1% over the last eight quarters.
- Peak year-over-year performance for Price to Sales in the last five years was growth of 593.4% in Q3 2021, against a decline of 90.4% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 36.50 (Q1 2026), 28.65 (Q4 2025) and 27.54 (Q3 2025).
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 | 74.60 |
| Mar 31, 2026 | 36.50 |
| Dec 31, 2025 | 28.65 |
| Sep 30, 2025 | 27.54 |
| Jun 30, 2025 | 11.45 |
| Mar 31, 2025 | 7.60 |
| Dec 31, 2024 | 14.80 |
| Sep 30, 2024 | 13.95 |
| Jun 30, 2024 | 13.86 |
| Mar 31, 2024 | 7.96 |
| Dec 31, 2023 | 7.28 |
| Sep 30, 2023 | 5.27 |
| Jun 30, 2023 | 9.35 |
| Mar 31, 2023 | 6.65 |
| Dec 31, 2022 | 4.93 |
| Sep 30, 2022 | 14.25 |
| Jun 30, 2022 | 11.79 |
| Mar 31, 2022 | 68.92 |
| Sep 30, 2021 | 3.45 |
| Jun 30, 2021 | 2.60 |
API Access
Terawulf Price to Sales 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=price-to-sales&ticker=WULF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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=price-to-sales&ticker=WULF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();