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 338.83 Bn 205.30 Bn - 7.35 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 8.56 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 3.19 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 514.30 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 709.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -254.09 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 1.29 Bn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 515.50 Mn
10 Terawulf 8.49 Bn 5.66 Bn 31.65 Mn -416.13 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -721,453.00