KPIs & Operating Metrics(New)
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Ratios

Terawulf (WULF) Shares Outstanding (2016 - 2026)

Terawulf's Shares Outstanding history spans 16 years, with the latest figure at $420.1 million for Q4 2025.

  • On a quarterly basis, Shares Outstanding rose 3.92% to $420.1 million in Q4 2025 year-over-year; TTM through Dec 2025 was $420.1 million, a 3.92% increase, with the full-year FY2025 number at $420.1 million, up 3.92% from a year prior.
  • Shares Outstanding hit $444.5 million in Q4 2025 for Terawulf, up from $439.2 million in the prior quarter.
  • Over the last five years, Shares Outstanding for WULF hit a ceiling of $444.5 million in Q4 2025 and a floor of $9566.0 in Q1 2022.
  • Historically, Shares Outstanding has averaged $226.3 million across 5 years, with a median of $224.1 million in 2023.
  • Biggest five-year swings in Shares Outstanding: plummeted 99.52% in 2022 and later skyrocketed 2258481.3% in 2023.
  • Tracing WULF's Shares Outstanding over 5 years: stood at $100.0 million in 2021, then surged by 45.53% to $145.5 million in 2022, then skyrocketed by 90.2% to $276.7 million in 2023, then soared by 46.07% to $404.2 million in 2024, then increased by 3.92% to $420.1 million in 2025.
  • Business Quant data shows Shares Outstanding for WULF at $420.1 million in Q4 2025, $439.2 million in Q3 2025, and $414.6 million in Q2 2025.