Terawulf (WULF) Share-based Compensation (2010 - 2026)

Terawulf (WULF) posted Share-based Compensation of $101.4 million for Q1 2026, up 1439.9% sequentially from $6.6 million in Q4 2025, and up 162.24% YoY from $38.7 million in Q1 2025.

Terawulf (WULF) Share-based Compensation (2010 - 2026) Analysis & Trends

Terawulf (WULF) has 17 years of Share-based Compensation data on file, last reported at $101.4 million in Q1 2026.

  • Quarterly Share-based Compensation rose 162.24% year-over-year to $101.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $113.7 million (up 81.35% YoY) and the FY2025 annual result came in at $50.9 million, up 64.61% from the prior year.
  • Share-based Compensation improved to $101.4 million in Q1 2026 per WULF's latest filing, from $6.6 million in the prior quarter.
  • The five-year high for Share-based Compensation was $101.4 million in Q1 2026, with the low at $482000.0 in Q2 2022.
  • Average Share-based Compensation over 5 years is $11.9 million, with a median of $2.1 million recorded in 2023.
  • Year-over-year, Share-based Compensation jumped 812.09% in 2024 and tumbled 73.07% in 2025.
  • Terawulf's Share-based Compensation stood at $518000.0 in 2022, then surged by 254.44% to $1.8 million in 2023, then jumped by 812.09% to $16.7 million in 2024, then slumped by 60.67% to $6.6 million in 2025, then soared by 1439.9% to $101.4 million in 2026.
  • Business Quant data shows WULF's Share-based Compensation at $101.4 million in Q1 2026, $6.6 million in Q4 2025, and $4.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Stock Comp. (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 571.00 Mn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 2.53 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 138.00 Mn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 92.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 23.06 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 25.06 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 51.80 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 31.49 Mn
10 Terawulf 9.97 Bn 7.15 Bn 31.65 Mn 101.42 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 101.42 Mn
Mar 31, 2026 101.42 Mn
Dec 31, 2025 6.59 Mn
Dec 31, 2025 6.59 Mn
Sep 30, 2025 4.35 Mn
Sep 30, 2025 4.35 Mn
Jun 30, 2025 1.30 Mn
Jun 30, 2025 1.30 Mn
Mar 31, 2025 38.67 Mn
Mar 31, 2025 38.67 Mn
Dec 31, 2024 16.75 Mn
Dec 31, 2024 16.75 Mn
Sep 30, 2024 2.41 Mn
Sep 30, 2024 2.41 Mn
Jun 30, 2024 4.84 Mn
Jun 30, 2024 4.84 Mn
Mar 31, 2024 6.93 Mn
Mar 31, 2024 6.93 Mn
Dec 31, 2023 1.84 Mn
Dec 31, 2023 1.84 Mn