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 has reported EBT Margin for 17 years, with the latest figure 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.
  • Over five years, EBT Margin peaked at 32.73% in Q2 2024 and troughed at 6676.96% in Q1 2022.
  • A 5-year average of 681.47% and a median of 139.21% in 2023 frame the typical range for EBT Margin.
  • The sharpest annual moves came in 2022 and 2023: EBT Margin tumbled 662243 bps in 2022, then surged 653775 bps in 2023.
  • Over 5 years, EBT Margin stood at 244.9% in 2022, then jumped 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.
  • According to Business Quant data, EBT Margin over the past three periods registered 1223.47%, 284.33%, and 899.7% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 34.42%
2 Goldman Sachs 316.34 Bn -660.01 Bn - 42.10%
3 Schwab Charles 220.55 Bn 135.80 Bn - 49.18%
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 144.51%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 54.20%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -175.48%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 77.17%
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 9.94%
10 Terawulf 8.49 Bn 5.66 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%