Terawulf WULF
NASDAQ WULF
$11.54 -1.67 (-12.64%)
At close: Oct 14, 2026 · 4:00 PM EDT

Terawulf (WULF) Research & Development (2010 - 2021)

Updated

Terawulf's Research & Development was $134,608 in Q3 2021, down 1.4% from $136,520 a year earlier but up 4.4% from the prior quarter.

Analysis

Terawulf (WULF) Research & Development (2010 - 2021) Analysis & Trends

On a trailing twelve-month basis, Terawulf's Research & Development was $548,584 through Sep 30, 2021, down 24.2% year-over-year; for FY2020, it was $671,493, down 22.8% from FY2019.

  • Research & Development shows a five-year compound annual growth rate of 0.3% (FY2015 to FY2020).
  • In earlier years, Research & Development was $870,279 in FY2019 (+28.5%), $677,242 in FY2018 (-1.7%), $688,688 in FY2017 (+6.4%) and $647,065 in FY2016 (-2.0%).
  • Quarterly Research & Development has moved between $128,895 (Q2 2021) and $270,465 (Q2 2019) over five years.
  • Compared with a year earlier, Research & Development has declined for six straight quarters, with an average decline of 17.7% over the last eight quarters.
  • The best year-over-year quarter for Research & Development over five years was Q2 2019 (growth of 72.9%); the worst was Q3 2020 (a decline of 37.5%).
  • Per Business Quant data, WULF's Research & Development in the three quarters before Q3 2021 was $128,895 (Q2 2021), $134,922 (Q1 2021) and $150,159 (Q4 2020).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Microsoft 3,961.51 Bn 3,884.67 Bn 60.48 Bn 10.00 Bn
2 International Business Machines 215.03 Bn 165.84 Bn 9.91 Bn 2.31 Bn
3 Cloudflare 114.69 Bn 98.22 Bn 499.52 Mn 159.49 Mn
4 Equinix 98.17 Bn 86.73 Bn 1.40 Bn -
5 Nebius 44.92 Bn 18.35 Bn 448.70 Mn 191.00 Mn
6 CoreWeave 36.20 Bn 23.29 Bn 1.70 Bn -
7 Verisign 27.35 Bn 24.56 Bn 384.60 Mn 27.50 Mn
8 Nutanix 18.78 Bn 10.46 Bn 651.35 Mn 205.05 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

Historic Data

Download Data
DateValue
Sep 30, 2021 134,608.00
Jun 30, 2021 128,895.00
Mar 31, 2021 134,922.00
Dec 31, 2020 150,159.00
Sep 30, 2020 136,520.00
Jun 30, 2020 201,234.00
Mar 31, 2020 183,580.00
Dec 31, 2019 202,505.00
Sep 30, 2019 218,467.00
Jun 30, 2019 270,465.00
Mar 31, 2019 178,842.00
Dec 31, 2018 186,779.00
Sep 30, 2018 179,915.00
Jun 30, 2018 156,472.00
Mar 31, 2018 154,076.00
Dec 31, 2017 169,528.00
Sep 30, 2017 168,686.00
Jun 30, 2017 184,704.00
Mar 31, 2017 165,770.00
Dec 31, 2016 171,900.00
API Access

Terawulf Research & Development 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=research-and-development&ticker=WULF&period=max&api_key=YOUR_API_KEY