Terawulf Inc (NASDAQ:WULF) — Market Cap & Net Worth

$8.07 Billion USD  · Rank #2604

Market Cap & Net Worth: Terawulf Inc (WULF)

Terawulf Inc (NASDAQ:WULF) has a market capitalization of $8.07 Billion ($8.07 Billion) as of May 4, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #2604 globally and #909 in its home market, demonstrating a 4.61% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Terawulf Inc's stock price $21.31 by its total outstanding shares 424068125 (424.07 Million). Analyse Terawulf Inc (WULF) cash flow conversion to see how efficiently the company converts income to cash.

Terawulf Inc Market Cap History: 2015 to 2026

Terawulf Inc's market capitalization history from 2015 to 2026. Data shows growth from $4.05 Billion to $9.04 Billion (8.20% CAGR).

Index Memberships

Terawulf Inc is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Composite
IXIC
$38.77 Trillion 0.02% #287 of 3165

Weight: Terawulf Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Terawulf Inc Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Terawulf Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

28.92x

Terawulf Inc's market cap is 28.92 times its annual revenue

Industry average: 1.16x Higher than industry average

Latest Price to Earnings (P/E) Ratio

N/A

P/E ratio not applicable due to negative or zero earnings

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $4.07 Billion $17.57 Million -$65.06K 231.48x N/A
2017 $2.72 Billion $17.24 Million -$226.15K 157.67x N/A
2018 $3.05 Billion $18.21 Million $139.47K 167.33x 21852.13x
2019 $1.93 Billion $17.62 Million -$813.56K 109.78x N/A
2020 $3.60 Billion $13.43 Million -$439.32K 268.34x N/A
2021 $6.38 Billion $12.74 Million -$95.68 Million 500.79x N/A
2022 $284.13 Million $15.03 Million -$90.79 Million 18.90x N/A
2023 $1.02 Billion $69.23 Million -$73.42 Million 14.70x N/A
2024 $2.40 Billion $140.05 Million -$72.42 Million 17.14x N/A
2025 $4.87 Billion $168.46 Million -$661.42 Million 28.92x N/A

Competitor Companies of WULF by Market Capitalization

Companies near Terawulf Inc in the global market cap rankings as of May 4, 2026.

Key companies related to Terawulf Inc by market ranking:

  • Morgan Stanley (SA:MSBR34): Ranked #51 globally with a market cap of $293.89 Billion USD ( R$1.50 Trillion BRL).
  • Morgan Stanley (NYSE:MS): Ranked #63 globally with a market cap of $272.01 Billion USD.
  • Goldman Sachs Group Inc (NYSE:GS): Ranked #78 globally with a market cap of $236.20 Billion USD.
  • Charles Schwab Corp (NYSE:SCHW): Ranked #135 globally with a market cap of $162.66 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#51 Morgan Stanley SA:MSBR34 $293.89 Billion R$188.48
#63 Morgan Stanley NYSE:MS $272.01 Billion $190.17
#78 Goldman Sachs Group Inc NYSE:GS $236.20 Billion $923.71
#135 Charles Schwab Corp NYSE:SCHW $162.66 Billion $91.54

Terawulf Inc Historical Marketcap From 2015 to 2026

Between 2015 and today, Terawulf Inc's market cap moved from $4.05 Billion to $ 9.04 Billion, with a yearly change of 8.20%.

Year Market Cap Change (%)
2026 $9.04 Billion +85.47%
2025 $4.87 Billion +103.00%
2024 $2.40 Billion +135.83%
2023 $1.02 Billion +258.21%
2022 $284.13 Million -95.55%
2021 $6.38 Billion +77.07%
2020 $3.60 Billion +86.36%
2019 $1.93 Billion -36.54%
2018 $3.05 Billion +12.10%
2017 $2.72 Billion -33.16%
2016 $4.07 Billion +0.54%
2015 $4.05 Billion --

End of Day Market Cap According to Different Sources

On May 4th, 2026 the market cap of Terawulf Inc was reported to be:

Source Market Cap
Yahoo Finance $8.07 Billion USD
MoneyControl $8.07 Billion USD
MarketWatch $8.07 Billion USD
marketcap.company $8.07 Billion USD
Reuters $8.07 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Terawulf Inc

NASDAQ:WULF USA Capital Markets
Market Cap
$9.04 Billion
Market Cap Rank
#2604 Global
#909 in USA
Share Price
$21.31
Change (1 day)
-1.93%
52-Week Range
$2.99 - $21.73
All Time High
$36.07
About

TeraWulf Inc., together with its subsidiaries, owns, develops, operates digital infrastructure in the United States. It also develops and operates bitcoin mining facilities for bitcoin mining and high-performance computing workloads, leveraging clean, cost-effective, and reliable energy. The company was founded in 2021 and is headquartered in Easton, Maryland.