Growth Metrics

Terawulf (WULF) EBIAT (2016 - 2025)

Terawulf's EBIAT history spans 16 years, with the latest figure at -$122.4 million for Q4 2025.

  • For Q4 2025, EBIAT fell 44.93% year-over-year to -$122.4 million; the TTM value through Dec 2025 reached -$657.3 million, down 404.42%, while the annual FY2025 figure was -$661.4 million, 813.33% down from the prior year.
  • EBIAT for Q4 2025 was -$122.4 million at Terawulf, up from -$455.0 million in the prior quarter.
  • Across five years, EBIAT topped out at -$722276.0 in Q2 2021 and bottomed at -$455.0 million in Q3 2025.
  • The 5-year median for EBIAT is -$18.4 million (2025), against an average of -$50.0 million.
  • The largest annual shift saw EBIAT soared 47.09% in 2023 before it plummeted 2169.12% in 2025.
  • A 5-year view of EBIAT shows it stood at -$6.0 million in 2021, then plummeted by 233.01% to -$20.1 million in 2022, then surged by 47.09% to -$10.6 million in 2023, then crashed by 694.72% to -$84.5 million in 2024, then plummeted by 44.93% to -$122.4 million in 2025.
  • Per Business Quant, the three most recent readings for WULF's EBIAT are -$122.4 million (Q4 2025), -$455.0 million (Q3 2025), and -$18.4 million (Q2 2025).