Terawulf (WULF) Total Debt (2016 - 2026)
Terawulf's (WULF) quarterly Total Debt came in at $4.2 billion in Q2 2026, up 13940.1% year-over-year from N/an in Q2 2025, and up 14.06% quarter-over-quarter from $3.7 billion in Q1 2026.
Analysis
Terawulf (WULF) Total Debt (2016 - 2026) Analysis & Trends
Terawulf has disclosed Total Debt across 11 years of filings, most recently posting $4.2 billion for Q2 2026.
- In Q2 2026, Total Debt rose 13940.1% year-over-year to $4.2 billion; the TTM figure through Jun 2026 stood at $4.2 billion (up 13940.1% YoY), while the FY2025 annual figure was $3.6 billion, changed N/A from the prior year.
- Total Debt came in at $4.2 billion for Q2 2026 at Terawulf, up from $3.7 billion in the prior quarter.
- In the past five years, Total Debt ranged from a high of $4.2 billion in Q2 2026 to a low of $30.0 million in Q2 2025.
- Average Total Debt over 5 years is $997.9 million, with a median of $180.1 million recorded in 2022.
- Year-over-year, Total Debt sank 79.26% in 2025 and soared 13940.1% in 2026.
- Over 5 years, Total Debt stood at $180.1 million in 2022, then surged by 37.11% to $247.0 million in 2023, then sank by 41.44% to $144.6 million in 2024, then soared by 2380.83% to $3.6 billion in 2025, then increased by 17.38% to $4.2 billion in 2026.
- Per Business Quant data, the three most recent Total Debt figures were $4.2 billion in Q2 2026, $3.7 billion in Q1 2026, and $3.6 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 19.69 Bn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | 4.21 Bn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | 5.64 Bn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | 4.98 Bn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 4.02 Bn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | 6.11 Bn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | 2.52 Bn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | 600.20 Mn |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | 64.89 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | 74.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.21 Bn |
| Mar 31, 2026 | 3.69 Bn |
| Dec 31, 2025 | 3.59 Bn |
| Jun 30, 2025 | 30.00 Mn |
| Jun 30, 2024 | 144.64 Mn |
| Mar 31, 2024 | 198.77 Mn |
| Dec 31, 2023 | 246.99 Mn |
| Sep 30, 2023 | 202.82 Mn |
| Jun 30, 2023 | 122.10 Mn |
| Mar 31, 2023 | 124.82 Mn |
| Dec 31, 2022 | 180.14 Mn |
| Sep 30, 2022 | 118.61 Mn |
| Mar 31, 2022 | 111.40 Mn |
| Dec 31, 2021 | 106.69 Mn |
| Mar 31, 2021 | 4.09 Mn |
| Dec 31, 2020 | 2.69 Mn |
| Sep 30, 2020 | 3.94 Mn |
| Jun 30, 2020 | 3.97 Mn |
| Mar 31, 2020 | 2.79 Mn |
| Dec 31, 2019 | 2.82 Mn |