TeraWulf (MIL:1WULF) Construction In Progress: €1,428.4 Mil (As of Mar. 2026)


MIL:1WULF TeraWulf Inc MIL:1WULF
13 GF Score
Price €18.61
GF Value €5.01
Valuation Significantly Overvalued
! 5 Warning Signs
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What is TeraWulf Construction In Progress?

TeraWulf MIL:1WULF -8.61% 13 Construction In Progress is €1,428.4 Mil as of Mar. 2026. GuruFocus rates MIL:1WULF with a GF Score™ of 13/100 and a GF Value™ of €5.01 (Significantly Overvalued). The stock has 5 warning signs investors should review.

TeraWulf's quarterly construction in progress increased from Sep. 2025 (€348.5 Mil) to Dec. 2025 (€913.0 Mil) and increased from Dec. 2025 (€913.0 Mil) to Mar. 2026 (€1,428.4 Mil).

TeraWulf's annual construction in progress increased from Dec. 2023 (€56.0 Mil) to Dec. 2024 (€154.3 Mil) and increased from Dec. 2024 (€154.3 Mil) to Dec. 2025 (€913.0 Mil).

TeraWulf Construction In Progress Historical Data

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The historical data trend for TeraWulf's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TeraWulf Construction In Progress Chart

TeraWulf Annual Data
Trend Mar21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
0.00 84.95 55.98 154.27 912.98

TeraWulf Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 169.60 240.98 348.51 912.98 1,428.37
MIL:1WULF
13GF Score
TeraWulf Inc MIL:1WULF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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TeraWulf Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of €1,428.4 Mil mean?
TeraWulf (MIL:1WULF) has a Construction In Progress of €1,428.4 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on TeraWulf and its competitors.
Is TeraWulf's Construction In Progress too high?
TeraWulf's current Construction In Progress is €1,428.4 Mil. Overall, TeraWulf has a GF Score™ of 13/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TeraWulf's Construction In Progress compare to EVR and FUTU?
TeraWulf's Construction In Progress of €1,428.4 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Capital Markets company?
A good Construction In Progress depends on the Capital Markets industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on TeraWulf and its competitors. TeraWulf's current Construction In Progress is €1,428.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TeraWulf stock overvalued right now?
Based on GuruFocus' analysis, TeraWulf (MIL:1WULF) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.01, compared to a current price of €18.61 — trading 271.4% above its estimated fair value. The current Construction In Progress is €1,428.4 Mil. TeraWulf's overall GF Score™ is 13/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For TeraWulf (MIL:1WULF), the current Construction In Progress is €1,428.4 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TeraWulf (MIL:1WULF) Overvalued in 2026?

Based on GuruFocus' analysis, TeraWulf stock appears to be overvalued. The current stock price of €18.61 is trading 271.4% above its estimated GF Value™ of €5.01. GuruFocus considers TeraWulf to be Significantly Overvalued.

Key valuation signals for MIL:1WULF:

  • Construction In Progress: €1,428.4 Mil
  • GF Value™: €5.01 vs. price of €18.61 (271.4% above fair value)
  • GF Score™: 13/100 with 5 warning signs

No single metric tells the full story. See the MIL:1WULF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TeraWulf Business Description

Other Exchanges WULF:USAZT8:Germany
Address 9 Federal Street, Easton, MD, USA, 21601
TeraWulf Inc develops and operates large-scale digital infrastructure designed for AI and high-performance computing workloads. The Company owns and operates energy infrastructure across key U.S. power markets, providing large-scale, contiguous power capacity for next-generation compute. Its strategic sites offer direct grid connectivity and, in select locations, integrated generation, creating a foundation for scalable compute infrastructure. Built on deep expertise in energy markets and grid integration, TeraWulf approaches compute infrastructure from the foundation up- securing power, developing scalable sites, and operating with disciplined execution.
13GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€18.61
Price
€5.01
GF Value