Cash Flow Statement
Growth Metrics

Terawulf (WULF) Share-based Compensation (2016 - 2026)

Terawulf's Share-based Compensation history spans 16 years, with the latest figure at $6.6 million for Q4 2025.

  • On a quarterly basis, Share-based Compensation fell 60.67% to $6.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was $50.9 million, a 64.61% increase, with the full-year FY2025 number at $50.9 million, up 64.61% from a year prior.
  • Share-based Compensation hit $6.6 million in Q4 2025 for Terawulf, up from $4.3 million in the prior quarter.
  • Over the last five years, Share-based Compensation for WULF hit a ceiling of $38.7 million in Q1 2025 and a floor of $37487.0 in Q1 2021.
  • Historically, Share-based Compensation has averaged $4.8 million across 5 years, with a median of $1.4 million in 2023.
  • Biggest five-year swings in Share-based Compensation: soared 11663.61% in 2021 and later plummeted 73.07% in 2025.
  • Tracing WULF's Share-based Compensation over 5 years: stood at $1.4 million in 2021, then crashed by 62.88% to $518000.0 in 2022, then soared by 254.44% to $1.8 million in 2023, then surged by 812.09% to $16.7 million in 2024, then plummeted by 60.67% to $6.6 million in 2025.
  • Business Quant data shows Share-based Compensation for WULF at $6.6 million in Q4 2025, $4.3 million in Q3 2025, and $1.3 million in Q2 2025.