Terawulf (WULF) EBITDA Margin (2010 - 2026)
Terawulf's (WULF) quarterly EBITDA Margin came in at 266.29% in Q2 2026, down 27300.0% year-over-year from N/an in Q2 2025, and up 32.24% quarter-over-quarter from 392.99% in Q1 2026.
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Terawulf (WULF) EBITDA Margin (2010 - 2026) Analysis & Trends
Terawulf has disclosed EBITDA Margin across 17 years of filings, most recently posting 266.29% for Q2 2026.
- In Q2 2026, EBITDA Margin fell 27300.0% year-over-year to 266.29%; the TTM figure through Jun 2026 stood at 187.44% (down 13864.0% YoY), while the FY2025 annual figure was 57.95%, down 4623.0% from the prior year.
- EBITDA Margin came in at 266.29% for Q2 2026 at Terawulf, up from 392.99% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 30.1% in Q1 2024 to a low of 4222.58% in Q1 2022.
- Average EBITDA Margin over 5 years is 341.81%, with a median of 53.26% recorded in 2024.
- Year-over-year, EBITDA Margin slumped 416805 bps in 2022 and soared 418974 bps in 2023.
- Over 5 years, EBITDA Margin stood at 88.22% in 2022, then soared by 118 bps to 15.46% in 2023, then slumped by 577 bps to 73.67% in 2024, then slumped by 122 bps to 163.49% in 2025, then slumped by 63 bps to 266.29% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 266.29% in Q2 2026, 392.99% in Q1 2026, and 163.49% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 25.33% |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | -266.29% |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | -241.32% |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | -48.24% |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 14.17% |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | -47.79% |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | 33.05% |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | 24.33% |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | -9.32% |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | -252.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -266.29% |
| Mar 31, 2026 | -392.99% |
| Dec 31, 2025 | -163.49% |
| 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% |