Terawulf (WULF) EBT Margin (2010 - 2026)
Terawulf's (WULF) quarterly EBT Margin came in at 1223.47% in Q1 2026, down 104496.0% year-on-year from N/an in Q1 2025, and down 330.3% quarter-over-quarter from 284.33% in Q4 2025.
Terawulf (WULF) EBT Margin (2010 - 2026) Analysis & Trends
Terawulf has disclosed EBT Margin across 17 years of filings, most recently posting 1223.47% for Q1 2026.
- EBT Margin for Q1 2026 came in at 1223.47%, down 104496.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 577.37% (down 47849.0% YoY), and the FY2025 annual result was 390.14%, down 31989.0% from the prior year.
- EBT Margin came in at 1223.47% for Q1 2026 at Terawulf, down from 284.33% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 32.73% in Q2 2024 to a low of 6676.96% in Q1 2022.
- The 5-year median for EBT Margin is 139.21% (2023), against an average of 681.47%.
- Across the five-year window, EBT Margin tumbled 662243 bps in 2022 and soared 653775 bps in 2023, its largest moves.
- Terawulf's EBT Margin stood at 244.9% in 2022, then surged by 76 bps to 59.37% in 2023, then plunged by 76 bps to 104.6% in 2024, then slumped by 172 bps to 284.33% in 2025, then slumped by 330 bps to 1223.47% in 2026.
- The last three EBT Margin figures came in at 1223.47% (Q1 2026), 284.33% (Q4 2025), and 899.7% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 34.07% |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 37.65% |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 49.18% |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 38.52% |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 77.17% |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 9.81% |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 49.04% |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 136.18% |
| 10 | Terawulf | 2.09 Bn | -734.82 Mn | 31.65 Mn | -1,223.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1,223.47% |
| Dec 31, 2025 | -284.33% |
| Sep 30, 2025 | -899.70% |
| Jun 30, 2025 | -38.56% |
| Mar 31, 2025 | -178.51% |
| Dec 31, 2024 | -104.60% |
| Sep 30, 2024 | -74.11% |
| Jun 30, 2024 | -32.73% |
| Mar 31, 2024 | -35.09% |
| Dec 31, 2023 | -59.37% |
| Sep 30, 2023 | -104.89% |
| Jun 30, 2023 | -92.14% |
| Mar 31, 2023 | -139.21% |
| Dec 31, 2022 | -244.90% |
| Sep 30, 2022 | -533.23% |
| Jun 30, 2022 | -863.18% |
| Mar 31, 2022 | -6,676.96% |
| Sep 30, 2021 | -127.21% |
| Jun 30, 2021 | -16.97% |
| Mar 31, 2021 | -54.53% |