Growth Metrics

Terawulf (WULF) EBITDA Margin (2016 - 2025)

Terawulf's EBITDA Margin history spans 16 years, with the latest figure at 93.96% for Q4 2025.

  • For Q4 2025, EBITDA Margin rose 16762.0% year-over-year to 93.96%; the TTM value through Dec 2025 reached 121.64%, up 13455.0%, while the annual FY2025 figure was 57.95%, 4623.0% down from the prior year.
  • EBITDA Margin for Q4 2025 was 93.96% at Terawulf, up from 18.62% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 1839093.55% in Q1 2022 and bottomed at 306.91% in Q3 2022.
  • The 5-year median for EBITDA Margin is 7.73% (2023), against an average of 101914.91%.
  • The largest annual shift saw EBITDA Margin soared 183914808bps in 2022 before it crashed -183912639bps in 2023.
  • A 5-year view of EBITDA Margin shows it stood at 127.21% in 2021, then surged by 31bps to 88.22% in 2022, then skyrocketed by 118bps to 15.46% in 2023, then tumbled by -577bps to 73.67% in 2024, then skyrocketed by 228bps to 93.96% in 2025.
  • Per Business Quant, the three most recent readings for WULF's EBITDA Margin are 93.96% (Q4 2025), 18.62% (Q3 2025), and 79.66% (Q2 2025).