Pricing Log in Create free account
Friday 6 November 2026 Export WULF’s income statement to Excel — free account

TeraWulf Inc.

WULF Financial Capital Markets

TeraWulf Inc.’s revenue for fiscal 2025 (year ended December 2025) was $168.5 million, up 20.3% from fiscal 2024.

Revenue
−6.02%
EPS
−3,780.0%
Free cash flow
−695.3%
Total debt
+966.1%

Quarter to June 2026, against a year earlier

10.11 1.59 −13.59%
Market cap
$5.0B
P/E
0.0×
Fwd P/E
−3.7×
Dividend yield
—
F-score
1/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

TeraWulf Inc. (WULF) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, TeraWulf Inc. (WULF) trades at a P/S ratio of 29.7×. Over the past ten years it has ranged from 0.3× (March 2020) to 232× (November 2021); the current reading is higher than 82% of that period. That is above the Capital Markets industry median of 2.1× and above the Financial sector median of 2.3×.

P/S ratio, daily

Embed this chart

Annual newest first

Period P/S ratio Change
FY2025 27.1× 91.01%
FY2024 14.2× 103.54%
FY2023 7.0× 33.49%
FY2022 5.2× 256.20%
FY2020 1.5× 143.97%
FY2019 0.6× (34.52%)
FY2018 0.9× 1.64%
FY2017 0.9× (29.66%)
FY2016 1.3× (0.12%)
FY2015 1.3× —

Quarterly newest first

Period P/S ratio Change
Jun 2026 72.6× 99.97%
Mar 2026 36.3× 33.92%
Dec 2025 27.1× (0.88%)
Sep 2025 27.4× 132.64%
41 more quarters

Against its own ten years

Low 0.3× High 232×
Ten-year median 1.7×
Current reading's percentile 81

P/S ratio against peers

Company P/S ratio
GLXY Galaxy Digital Inc. compare 0.0×
BGC BGC Group, Inc. compare 1.5×
MRX Marex Group PLC compare 2.3×
MC Moelis & Company compare 2.8×
FIGR Figure Technology Solutions, Inc. compare 6.7×
MKTX MarketAxess Holdings Inc. compare 6.7×
RIOT Riot Platforms, Inc. compare 8.0×
HUT Hut 8 Corp. compare 18.9×
WULF TeraWulf Inc. 29.7×
Capital Markets industry median 2.1×
Financial sector median 2.3×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

More on WULF