Terawulf (WULF) EBT (2010 - 2026)
Terawulf (WULF) posted EBT of -$416.1 million for Q1 2026, down 240.05% sequentially from -$122.4 million in Q4 2025, and down 577.53% YoY from $87.1 million in Q1 2025.
Terawulf (WULF) EBT (2010 - 2026) Analysis & Trends
Terawulf (WULF) has 17 years of EBT data on file, last reported at -$416.1 million in Q1 2026.
- Quarterly EBT fell 577.53% year-over-year to -$416.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.0 billion (down 598.29% YoY) and the FY2025 annual result came in at -$657.2 million, down 568.01% from the prior year.
- EBT declined to -$416.1 million in Q1 2026 per WULF's latest filing, from -$122.4 million in the prior quarter.
- The five-year high for EBT was -$11.6 million in Q2 2024, with the low at -$455.0 million in Q3 2025.
- Average EBT over 5 years is -$76.8 million, with a median of -$19.9 million recorded in 2023.
- Year-over-year, EBT jumped 46.72% in 2022 and slumped 2169.12% in 2025.
- Terawulf's EBT stood at -$23.4 million in 2022, then surged by 40.99% to -$13.8 million in 2023, then slumped by 274.67% to -$51.8 million in 2024, then sank by 136.25% to -$122.4 million in 2025, then sank by 240.05% to -$416.1 million in 2026.
- Business Quant data shows WULF's EBT at -$416.1 million in Q1 2026, -$122.4 million in Q4 2025, and -$455.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 7.01 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 6.49 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 3.19 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 514.30 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 411.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 484.58 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 302.92 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 56.69 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -254.09 Mn |
| 10 | Terawulf | 9.97 Bn | 7.15 Bn | 31.65 Mn | -416.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -416.13 Mn |
| Dec 31, 2025 | -122.37 Mn |
| Sep 30, 2025 | -455.05 Mn |
| Jun 30, 2025 | -18.37 Mn |
| Mar 31, 2025 | -61.42 Mn |
| Dec 31, 2024 | -51.80 Mn |
| Sep 30, 2024 | -20.05 Mn |
| Jun 30, 2024 | -11.64 Mn |
| Mar 31, 2024 | -14.89 Mn |
| Dec 31, 2023 | -13.83 Mn |
| Sep 30, 2023 | -19.88 Mn |
| Jun 30, 2023 | -14.24 Mn |
| Mar 31, 2023 | -16.06 Mn |
| Dec 31, 2022 | -23.43 Mn |
| Sep 30, 2022 | -20.60 Mn |
| Jun 30, 2022 | -11.96 Mn |
| Mar 31, 2022 | -14.49 Mn |
| Dec 31, 2021 | -43.98 Mn |
| Sep 30, 2021 | -6.03 Mn |
| Jun 30, 2021 | -721,453.00 |