Growth Metrics

Terawulf (WULF) EBT (2016 - 2025)

Terawulf's EBT history spans 16 years, with the latest figure at -$122.4 million for Q4 2025.

  • For Q4 2025, EBT fell 136.25% year-over-year to -$122.4 million; the TTM value through Dec 2025 reached -$657.2 million, down 568.01%, while the annual FY2025 figure was -$657.2 million, 568.01% down from the prior year.
  • EBT for Q4 2025 was -$122.4 million at Terawulf, up from -$455.0 million in the prior quarter.
  • Across five years, EBT topped out at -$721453.0 in Q2 2021 and bottomed at -$455.0 million in Q3 2025.
  • The 5-year median for EBT is -$16.1 million (2023), against an average of -$47.3 million.
  • The largest annual shift saw EBT surged 40.99% in 2023 before it plummeted 2169.12% in 2025.
  • A 5-year view of EBT shows it stood at -$6.0 million in 2021, then crashed by 288.3% to -$23.4 million in 2022, then soared by 40.99% to -$13.8 million in 2023, then crashed by 274.67% to -$51.8 million in 2024, then crashed by 136.25% to -$122.4 million in 2025.
  • Per Business Quant, the three most recent readings for WULF's EBT are -$122.4 million (Q4 2025), -$455.0 million (Q3 2025), and -$18.4 million (Q2 2025).