Latest revenue
$13.0M
as of 2026-03-31
Latest net income
$-427.6M
as of 2026-03-31
Net margin
-3292.0%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $11.31B
- Enterprise value
- $11.31B
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $25.76
- 52-wk low
- $3.40
- Beta
- —
- Shares out
- 495.5M
5-year trend
About WULF
Business description and risk factors will appear here once WULF's latest filing is fully ingested.
Profitability
Gross margin
60.5%
130.4%Operating margin
-110.5%
103.1%Net margin
-392.6%
659.3%Return on equity
-470.9%
1489.7%Return on assets
-10.1%
9.7%Leverage
Debt / equity
45.70×
1956.9%Long-term debt / equity
21.73×
1819226.7%Debt / assets
97.9%
41.9%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $13.0M | -62.2% | $-427.6M | -596.3% | -3292.0% |
Q4 2025 2025-12-31 | $43.0M | +23.0% | $-126.6M | -333.5% | -294.1% |
Q3 2025 2025-09-30 | $43.4M | +60.3% | $-455.1M | -1901.7% | -1049.1% |
Q2 2025 2025-06-30 | $47.6M | +33.9% | $-18.4M | -68.9% | -38.6% |
Q1 2025 2025-03-31 | $34.4M | -18.9% | $-61.4M | -538.9% | -178.5% |
Q4 2024 2024-12-31 | $35.0M | — | $-29.2M | — | -83.5% |
Q3 2024 2024-09-30 | $27.1M | +42.8% | $-22.7M | -19.0% | -84.0% |
Q2 2024 2024-06-30 | $35.6M | +130.2% | $-10.9M | +38.0% | -30.6% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Finance Services · SIC 6199
Your notes
Keep private notes on WULF — thesis, target price, catalysts to watch.
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Insider activity
Insider buying
$250.6K
Insider selling
$19.4M
Net activity
−$19.2M
Distinct insiders
6
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns WULF
Institutional value
$1.74B
Total shares held
121.4M
Distinct holders
245
-156 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 28.1M | $406.1M | +244.2K (+0.9%) | Added |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 22.5M | $324.1M | — | New |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 15.6M | $225.5M | — | New |
| 4 | Invesco Ltd. | 4.0M | $58.1M | +448.8K (+12.6%) | Added |
| 5 | JENNISON ASSOCIATES LLC | 3.7M | $53.4M | — | New |
| 6 | Connor, Clark & Lunn Investment Management Ltd. | 3.3M | $47.5M | +637.0K (+24.0%) | Added |
| 7 | Hodges Capital Management Inc. | 2.5M | $36.1M | -365.0K (-12.7%) | Trimmed |
| 8 | BIT Capital GmbH | 2.5M | $35.4M | +1.3M (+112.0%) | Added |
| 9 | UBS Group AG | 2.4M | $35.0M | -1.0M (-30.1%) | Trimmed |
| 10 | VANGUARD FIDUCIARY TRUST CO | 2.3M | $33.2M | — | New |
| 11 | CITIGROUP INC | 2.3M | $32.7M | -35.2K (-1.5%) | Trimmed |
| 12 | JANE STREET GROUP, LLC | 2.0M | $28.9M | -6.2M (-75.6%) | Trimmed |
| 13 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 1.9M | $28.2M | +1.2M (+161.4%) | Added |
| 14 | Marex Group plc | 1.3M | $18.5M | -496.8K (-28.0%) | Trimmed |
| 15 | EXCHANGE TRADED CONCEPTS, LLC | 1.1M | $16.4M | -108.4K (-8.7%) | Trimmed |
| 16 | Walleye Capital LLC | 1.1M | $15.5M | +42.7K (+4.1%) | Added |
| 17 | Nuveen, LLC | 1.0M | $15.0M | -233.7K (-18.4%) | Trimmed |
| 18 | AXXCESS WEALTH MANAGEMENT, LLC | 1.0M | $14.4M | -1000.0K (-50.0%) | Trimmed |
| 19 | Public Sector Pension Investment Board | 994.4K | $14.3M | +20.1K (+2.1%) | Added |
| 20 | Bank of New York Mellon Corp | 967.8K | $14.0M | -34.5K (-3.4%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once WULF's latest filing finishes processing.