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
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TeraWulf Inc. (WULF) Shares outstanding
TeraWulf Inc.'s shares outstanding at the end of fiscal 2025 was $397.6M, up 13.2% from $351.3M in fiscal 2024. At the end of the quarter to 30 June 2026 it was $485.7M. Over the past ten years it has ranged from $2.0M (fiscal 2020) to $397.6M (fiscal 2025) — the current reading is the highest in ten years. TeraWulf Inc. ranks 7th of 87 Capital Markets companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $397.6M | 13.18% |
| FY2024 | $351.3M | 67.33% |
| FY2023 | $210.0M | 89.77% |
| FY2022 | $110.6M | 29.86% |
| FY2021 | $85.2M | 4,210.87% |
| FY2020 | $2.0M | (0.20%) |
| FY2019 | $2.0M | (0.19%) |
| FY2018 | $2.0M | (1.18%) |
| FY2017 | $2.0M | (0.54%) |
| FY2016 | $2.0M | 0.00% |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Jun 2026 | $485.7M | 14.83% |
| Mar 2026 | $423.0M | 6.39% |
| Dec 2025 | $397.6M | (0.98%) |
| Sep 2025 | $401.6M | 3.79% |
| 42 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| WULF TeraWulf Inc. | $485.7M |
| BGC BGC Group, Inc. compare | $479.0M |
| RIOT Riot Platforms, Inc. compare | $376.2M |
| FIGR Figure Technology Solutions, Inc. compare | $247.0M |
| GLXY Galaxy Digital Inc. compare | $192.9M |
| HUT Hut 8 Corp. compare | $134.0M |
| MC Moelis & Company compare | $79.0M |
| MRX Marex Group PLC compare | $71.8M |
| MKTX MarketAxess Holdings Inc. compare | $35.2M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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