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

Terawulf (WULF) posted Share-based Compensation of $5.3 million for Q1 2026, up 133.5% sequentially from -$15.8 million in Q4 2025, and down 70.57% YoY from $18.0 million in Q1 2025.

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

Terawulf has reported Share-based Compensation for 17 years, with the latest figure at $5.3 million in Q1 2026.

  • Quarterly Share-based Compensation fell 70.57% year-over-year to $5.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $15.8 million (down 61.61% YoY) and the FY2025 annual result came in at $28.5 million, up 20.41% from the prior year.
  • Share-based Compensation improved to $5.3 million in Q1 2026 per WULF's latest filing, from -$15.8 million in the prior quarter.
  • Over five years, Share-based Compensation peaked at $25.4 million in Q3 2025 and troughed at -$15.8 million in Q4 2025.
  • A 5-year average of $4.5 million and a median of $1.8 million in 2023 frame the typical range for Share-based Compensation.
  • The widest YoY moves for Share-based Compensation: up 2670.2% in 2025, down 329.83% in 2025.
  • Over 5 years, Share-based Compensation stood at $1.6 million in 2022, then increased by 17.09% to $1.8 million in 2023, then soared by 275.44% to $6.9 million in 2024, then tumbled by 329.83% to -$15.8 million in 2025, then surged by 133.5% to $5.3 million in 2026.
  • According to Business Quant data, Share-based Compensation over the past three periods registered $5.3 million, -$15.8 million, and $25.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Stock Comp. (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 562.00 Mn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 364.00 Mn
3 Schwab Charles 220.55 Bn 135.80 Bn - 138.00 Mn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 105.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 136.05 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 33.00 Mn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 14.22 Mn
10 Terawulf 8.49 Bn 5.66 Bn 31.65 Mn 5.31 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.31 Mn
Mar 31, 2026 5.31 Mn
Dec 31, 2025 -15.84 Mn
Dec 31, 2025 -15.84 Mn
Sep 30, 2025 25.39 Mn
Sep 30, 2025 25.39 Mn
Jun 30, 2025 902,000.00
Jun 30, 2025 902,000.00
Mar 31, 2025 18.03 Mn
Mar 31, 2025 18.03 Mn
Dec 31, 2024 6.89 Mn
Dec 31, 2024 6.89 Mn
Sep 30, 2024 4.99 Mn
Sep 30, 2024 4.99 Mn
Jun 30, 2024 11.12 Mn
Jun 30, 2024 11.12 Mn
Mar 31, 2024 651,000.00
Mar 31, 2024 651,000.00
Dec 31, 2023 1.84 Mn
Dec 31, 2023 1.84 Mn