MARA vs WULF
MARA: An energy-focused digital infrastructure company transitioning from pure-play Bitcoin mining to a diversified provider of power-rich sites for AI and high-performance computing. WULF: TeraWulf builds and operates utility-scale HPC data centers powered by long-duration energy resources, transitioning from bitcoin mining to serve hyperscale AI and cloud workloads with 25-year contracted capacity.
Side-by-side fundamentals
| Metric | MARA | WULF | Edge |
|---|---|---|---|
| Price as of 2026-07-22 close | $12.41 | $19.49 | |
| Market cap as of 2026-07-23 | $4.7B | $9.3B | |
| PEG as of 2026-07-23 | -0.01 | -0.02 | WULF lower |
| Net margin as of 2026-07-23 | -234.8% | -611.5% | MARA higher |
| Gross margin as of 2026-07-23 | -47.6% | +64.0% | WULF higher |
| Operating margin as of 2026-07-23 | -192.8% | -171.8% | WULF higher |
| ROE as of 2026-07-23 | -52.1% | -361.2% | MARA higher |
| ROA as of 2026-07-23 | -28.0% | -24.3% | WULF higher |
| Debt / equity as of 2026-07-23 | 1.08 | 36.82 | MARA lower |
| Revenue growth (YoY) as of 2026-07-23 | +23.1% | +27.3% | WULF higher |
| Revenue CAGR (3y) SEC XBRL | +97.5% | +56.0% | MARA higher |
| Dividend streak (yrs) SEC XBRL | n/a | 0 | |
| Beta as of 2026-07-23 | 5.37 | 3.76 | |
| 1-year return as of 2026-07-22 close | -37.6% | +270.5% | WULF higher |
Fundamentals: Finnhub, as of 2026-07-23. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-22.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.