Terawulf (WULF) EBITDA Margin (2010 - 2026)
Terawulf (WULF) posted EBITDA Margin of 392.99% for Q1 2026, down 188.69% sequentially from 136.13% in Q4 2025, and down 26495.0% YoY from N/an in Q1 2025.
Terawulf (WULF) EBITDA Margin (2010 - 2026) Analysis & Trends
Terawulf (WULF) has 17 years of EBITDA Margin data on file, last reported at 392.99% in Q1 2026.
- Quarterly EBITDA Margin fell 26495.0% year-over-year to 392.99% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 106.83% (down 5686.0% YoY) and the FY2025 annual result came in at 57.95%, down 4623.0% from the prior year.
- EBITDA Margin retreated to 392.99% in Q1 2026 per WULF's latest filing, from 136.13% in the prior quarter.
- The five-year high for EBITDA Margin was 30.1% in Q1 2024, with the low at 4222.58% in Q1 2022.
- Average EBITDA Margin over 5 years is 344.64%, with a median of 32.84% recorded in 2023.
- Year-over-year, EBITDA Margin sank 416805 bps in 2022 and soared 418974 bps in 2023.
- Terawulf's EBITDA Margin stood at 88.22% in 2022, then soared by 118 bps to 15.46% in 2023, then sank by 577 bps to 73.67% in 2024, then slumped by 85 bps to 136.13% in 2025, then slumped by 189 bps to 392.99% in 2026.
- Business Quant data shows WULF's EBITDA Margin at 392.99% in Q1 2026, 136.13% in Q4 2025, and 3.62% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 95.15% |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 136.81% |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 61.80% |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 124.07% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 28.49% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 11.84% |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 47.66% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 110.52% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -176.07% |
| 10 | Terawulf | 9.97 Bn | 7.15 Bn | 31.65 Mn | -392.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -392.99% |
| Dec 31, 2025 | -136.13% |
| Sep 30, 2025 | 3.62% |
| Jun 30, 2025 | 6.71% |
| Mar 31, 2025 | -128.05% |
| Dec 31, 2024 | -73.67% |
| Sep 30, 2024 | -0.25% |
| Jun 30, 2024 | 20.71% |
| Mar 31, 2024 | 30.10% |
| Dec 31, 2023 | 15.46% |
| Sep 30, 2023 | -7.73% |
| Jun 30, 2023 | 3.77% |
| Mar 31, 2023 | -32.84% |
| Dec 31, 2022 | -88.22% |
| Sep 30, 2022 | -306.91% |
| Jun 30, 2022 | -549.89% |
| Mar 31, 2022 | -4,222.58% |
| Sep 30, 2021 | -127.21% |
| Jun 30, 2021 | -15.15% |
| Mar 31, 2021 | -54.53% |