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 has reported EBT for 17 years, with the latest figure 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.
- Over five years, EBT peaked at -$11.6 million in Q2 2024 and troughed at -$455.0 million in Q3 2025.
- A 5-year average of -$76.8 million and a median of -$19.9 million in 2023 frame the typical range for EBT.
- The sharpest annual moves came in 2022 and 2025: EBT jumped 48.52% in 2022, then plunged 2169.12% in 2025.
- Over 5 years, EBT stood at -$23.4 million in 2022, then jumped by 40.99% to -$13.8 million in 2023, then sank by 274.67% to -$51.8 million in 2024, then plunged by 136.25% to -$122.4 million in 2025, then plunged by 240.05% to -$416.1 million in 2026.
- According to Business Quant data, EBT over the past three periods registered -$416.1 million, -$122.4 million, and -$455.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 7.35 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 8.56 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 3.67 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 709.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 1.46 Bn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 515.50 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 270.19 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 52.31 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 514.30 Mn |
| 10 | Terawulf | 7.54 Bn | 4.78 Bn | 32.37 Mn | -929.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -929.74 Mn |
| 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 | -45.52 Mn |
| Sep 30, 2021 | -6.03 Mn |