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TeraWulf WULF Price / sales

Price / sales at other companies

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Equinix, Inc.EQIX
10.2×+1.2×
Riot Platforms, Inc. logo
Riot Platforms, Inc.RIOT
7.2×+1.7×
Digital Realty logo
Digital RealtyDLR
8.7×-1.9×
Cipher Digital, Inc.
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Cipher Digital, Inc. CIFR
24.8×+19.4×
Applied Digital logo
Applied DigitalAPLD
22.6×+9.7×
Hut 8 Mining Corp. logo
Hut 8 Mining Corp.HUT
18.3×+9.2×

Other financials

Income statement

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Revenue$34.0M-1.1%
Gross profit$31.7M+221%
Operating income-$162.1M-172%
Net income-$427.6M-596%
EPS (diluted)-$1.01-531%

Balance sheet

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Cash & equivalents$3.1B+1,318%
Total debt$3.7B+959%
Total equity-$78.8M-146%
Total assets$7.0B+733%

Cash flow

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Operating cash flow-$17.6M-131%
CapEx$523.0M+458%
Free cash flow-$540.5M-1,353%

Valuation

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Market cap$14.36B+484%
Enterprise value$14.94B+470%

Profitability

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Gross margin64%+19.1pp
Operating margin-171.8%+398pp
Net margin-611.5%-747pp
FCF margin-1,003.6%-1,433pp

Returns & leverage

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Return on equity-343.7%-382pp
Debt / equity25.4×+25.4×
Current ratio1.2×-0.7×

Where this comes from

Calculated from TeraWulf’s reported figures.

Based on the most recent quarter.

The official record: TeraWulf’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is TeraWulf's price / sales?
TeraWulf (WULF) reported price / sales of 36.4× in Q1 2026.
How has TeraWulf's price / sales changed year-over-year?
TeraWulf's price / sales increased by 359.0% year-over-year, from 7.9× to 36.4×.
What is the long-term trend for TeraWulf's price / sales?
Over 4 years (2020 to 2025), TeraWulf's price / sales has grown at a -10.1% compound annual growth rate (CAGR), from 43.7× to 28.6×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.