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iTerm2 vs Wave Terminal

Our take

Pick iTerm2 if mac users who will stay on the GPL binary at $0 while they split a first vim + compile pane — not Warp Build $20 first unless they want a hosted agent, and not a Linux-only build (there isn’t one). Pick Wave Terminal if developers who will stay on Apache Wave at $0 — not Warp Build $20 first unless they want a hosted agent allowance.

Wave Terminal

Wave Terminal

open-source terminal desk

Best for

iTerm2 A local Mac terminal you start at a public $

Wave Terminal See the folder next to the prompt at $0

Free plan

iTerm2 $0 · download from the site. Optional donation button on iterm2.com

Wave Terminal $0 · apache-2.0. Download from the site or GitHub releases

Lowest paid

iTerm2 Not published by the vendor

Wave Terminal Not published by the vendor

Runs where

iTerm2 Terminal; models hosted

Wave Terminal

Watch out

iTerm2 macOS-only

Wave Terminal AI features still need a model key

Last checked

iTerm2 2026-10-23 · iterm2.com

Wave Terminal 2026-10-26 · waveterm.dev

Which one, then?

Pick iTerm2 if

mac users who will stay on the GPL binary at $0 while they split a first vim + compile pane — not Warp Build $20 first unless they want a hosted agent, and not a Linux-only build (there isn’t one).

Read the iTerm2 page

Pick Wave Terminal if

developers who will stay on Apache Wave at $0 — not Warp Build $20 first unless they want a hosted agent allowance.

Read the Wave Terminal page

Other comparisons