Cash Flow Statement
Growth Metrics

Terawulf (WULF) EBT Margin (2016 - 2026)

Terawulf's EBT Margin history spans 16 years, with the latest figure at 468.14% for Q4 2025.

  • On a quarterly basis, EBT Margin fell 36354.0% to 468.14% in Q4 2025 year-over-year; TTM through Dec 2025 was 433.64%, a 37000.0% decrease, with the full-year FY2025 number at 433.64%, down 36339.0% from a year prior.
  • EBT Margin hit 468.14% in Q4 2025 for Terawulf, up from 1049.11% in the prior quarter.
  • Over the last five years, EBT Margin for WULF hit a ceiling of 16.97% in Q2 2021 and a floor of 6676.96% in Q1 2022.
  • Historically, EBT Margin has averaged 573.34% across 5 years, with a median of 104.89% in 2023.
  • Biggest five-year swings in EBT Margin: crashed -662243bps in 2022 and later surged 653775bps in 2023.
  • Tracing WULF's EBT Margin over 5 years: stood at 127.21% in 2021, then tumbled by -93bps to 244.9% in 2022, then soared by 76bps to 59.37% in 2023, then crashed by -76bps to 104.6% in 2024, then plummeted by -348bps to 468.14% in 2025.
  • Business Quant data shows EBT Margin for WULF at 468.14% in Q4 2025, 1049.11% in Q3 2025, and 38.56% in Q2 2025.