Terawulf (WULF) EBT Margin (2010 - 2026)

Terawulf (WULF) posted EBT Margin of 1223.47% for Q1 2026, down 330.3% sequentially from 284.33% in Q4 2025, and down 104496.0% YoY from N/an in Q1 2025.

Terawulf (WULF) EBT Margin (2010 - 2026) Analysis & Trends

Terawulf (WULF) has 17 years of EBT Margin data on file, last reported at 1223.47% in Q1 2026.

  • Quarterly EBT Margin fell 104496.0% year-over-year to 1223.47% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 577.37% (down 47849.0% YoY) and the FY2025 annual result came in at 390.14%, down 31989.0% from the prior year.
  • EBT Margin retreated to 1223.47% in Q1 2026 per WULF's latest filing, from 284.33% in the prior quarter.
  • The five-year high for EBT Margin was 32.73% in Q2 2024, with the low at 6676.96% in Q1 2022.
  • Average EBT Margin over 5 years is 681.47%, with a median of 139.21% recorded in 2023.
  • Year-over-year, EBT Margin sank 662243 bps in 2022 and jumped 653775 bps in 2023.
  • Terawulf's EBT Margin stood at 244.9% in 2022, then surged by 76 bps to 59.37% in 2023, then sank by 76 bps to 104.6% in 2024, then tumbled by 172 bps to 284.33% in 2025, then tumbled by 330 bps to 1223.47% in 2026.
  • Business Quant data shows WULF's EBT Margin at 1223.47% in Q1 2026, 284.33% in Q4 2025, and 899.7% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 34.07%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 37.65%
3 Schwab Charles 167.21 Bn 122.24 Bn - 49.18%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 144.51%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 38.52%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 9.81%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 49.04%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 136.18%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -175.48%
10 Terawulf 9.97 Bn 7.15 Bn 31.65 Mn -1,223.47%

Historic Data

Download Data
DateValue
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%