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Terawulf (WULF) Shares Outstanding (Diluted Average) (2017 - 2026)

Terawulf's Shares Outstanding (Diluted Average) history spans 12 years, with the latest figure at $397.6 million for Q4 2025.

  • On a quarterly basis, Shares Outstanding (Diluted Average) rose 13.18% to $397.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was $397.6 million, a 13.18% increase, with the full-year FY2025 number at $397.6 million, up 13.18% from a year prior.
  • Shares Outstanding (Diluted Average) hit $397.6 million in Q4 2025 for Terawulf, up from $390.6 million in the prior quarter.
  • Over the last five years, Shares Outstanding (Diluted Average) for WULF hit a ceiling of $397.6 million in Q4 2025 and a floor of $58.8 million in Q1 2021.
  • Historically, Shares Outstanding (Diluted Average) has averaged $229.3 million across 5 years, with a median of $210.0 million in 2023.
  • Biggest five-year swings in Shares Outstanding (Diluted Average): soared 2876.16% in 2021 and later grew 2.23% in 2025.
  • Tracing WULF's Shares Outstanding (Diluted Average) over 5 years: stood at $85.2 million in 2021, then rose by 29.86% to $110.6 million in 2022, then soared by 89.77% to $210.0 million in 2023, then surged by 67.33% to $351.3 million in 2024, then rose by 13.18% to $397.6 million in 2025.
  • Business Quant data shows Shares Outstanding (Diluted Average) for WULF at $397.6 million in Q4 2025, $390.6 million in Q3 2025, and $386.9 million in Q2 2025.