Terawulf (WULF) EBIT (2010 - 2026)

Terawulf's (WULF) quarterly EBIT came in at -$162.1 million in Q1 2026, down 171.92% year-on-year from $225.4 million in Q1 2025, and down 87.83% quarter-over-quarter from -$86.3 million in Q4 2025.

Terawulf (WULF) EBIT (2010 - 2026) Analysis & Trends

Terawulf has disclosed EBIT across 17 years of filings, most recently posting -$162.1 million for Q1 2026.

  • EBIT for Q1 2026 came in at -$162.1 million, down 171.92% year-over-year; the trailing twelve-month figure through Mar 2026 was -$288.7 million (down 116.23% YoY), and the FY2025 annual result was -$186.2 million, down 144.32% from the prior year.
  • EBIT came in at -$162.1 million for Q1 2026 at Terawulf, down from -$86.3 million in the prior quarter.
  • In the past five years, EBIT ranged from a high of -$2.3 million in Q1 2024 to a low of -$162.1 million in Q1 2026.
  • The 5-year median for EBIT is -$13.4 million (2022), against an average of -$29.3 million.
  • Across the five-year window, EBIT soared 74.88% in 2024 and sank 2474.61% in 2025, its largest moves.
  • Terawulf's EBIT stood at -$13.4 million in 2022, then surged by 65.15% to -$4.7 million in 2023, then sank by 1002.1% to -$51.4 million in 2024, then plunged by 67.87% to -$86.3 million in 2025, then sank by 87.83% to -$162.1 million in 2026.
  • The last three EBIT figures came in at -$162.1 million (Q1 2026), -$86.3 million (Q4 2025), and -$24.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -65.54 Mn
2 Morgan Stanley 331.35 Bn 197.82 Bn - 19.58 Bn
3 Goldman Sachs 317.73 Bn -619.82 Bn - 23.57 Bn
4 Schwab Charles 153.74 Bn 108.77 Bn - 4.01 Bn
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 304.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn - 2.33 Bn
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 584.88 Mn
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 287.25 Mn
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 45.00 Mn
10 Terawulf 2.09 Bn -734.82 Mn 31.65 Mn -162.14 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -162.14 Mn
Dec 31, 2025 -86.32 Mn
Sep 30, 2025 -24.67 Mn
Jun 30, 2025 -15.59 Mn
Mar 31, 2025 -59.63 Mn
Dec 31, 2024 -51.42 Mn
Sep 30, 2024 -15.71 Mn
Jun 30, 2024 -6.77 Mn
Mar 31, 2024 -2.32 Mn
Dec 31, 2023 -4.67 Mn
Sep 30, 2023 -9.69 Mn
Jun 30, 2023 -5.85 Mn
Mar 31, 2023 -9.22 Mn
Dec 31, 2022 -13.39 Mn
Sep 30, 2022 -13.37 Mn
Jun 30, 2022 -7.82 Mn
Mar 31, 2022 -9.17 Mn
Dec 31, 2021 -41.72 Mn
Sep 30, 2021 -6.03 Mn
Jun 30, 2021 -644,093.00