Terawulf (WULF) FCF Margin (2010 - 2026)

Terawulf (WULF) posted FCF Margin of 34.65% for Q1 2026, up 97.88% sequentially from 1633.78% in Q4 2025, and down 17645.0% YoY from N/an in Q1 2025.

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

Terawulf has reported FCF Margin for 17 years, with the latest figure at 34.65% in Q1 2026.

  • Quarterly FCF Margin fell 17645.0% year-over-year to 34.65% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 709.75% (down 56002.0% YoY) and the FY2025 annual result came in at 702.48%, down 49373.0% from the prior year.
  • FCF Margin improved to 34.65% in Q1 2026 per WULF's latest filing, from 1633.78% in the prior quarter.
  • Over five years, FCF Margin peaked at 178.17% in Q2 2024 and troughed at 7419.35% in Q1 2022.
  • A 5-year average of 702.88% and a median of 155.33% in 2022 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2022 and 2023: FCF Margin tumbled 667332 bps in 2022, then surged 734309 bps in 2023.
  • Over 5 years, FCF Margin stood at 28.93% in 2022, then slumped by 851 bps to 275.11% in 2023, then plunged by 44 bps to 396.51% in 2024, then tumbled by 312 bps to 1633.78% in 2025, then soared by 98 bps to 34.65% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 34.65%, 1633.78%, and 530.38% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -16.70%
2 Goldman Sachs 316.34 Bn -660.01 Bn - 27.55%
3 Schwab Charles 220.55 Bn 135.80 Bn - 111.11%
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 54.13%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -603.50%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 214.80%
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 3.90%
10 Terawulf 8.49 Bn 5.66 Bn 31.65 Mn -34.65%

Historic Data

Download Data
DateValue
Mar 31, 2026 -34.65%
Dec 31, 2025 -1,633.78%
Sep 30, 2025 -530.38%
Jun 30, 2025 -547.36%
Mar 31, 2025 141.80%
Dec 31, 2024 -396.51%
Sep 30, 2024 -499.85%
Jun 30, 2024 178.17%
Mar 31, 2024 -56.87%
Dec 31, 2023 -275.11%
Sep 30, 2023 95.77%
Jun 30, 2023 -104.84%
Mar 31, 2023 -76.27%
Dec 31, 2022 -28.93%
Sep 30, 2022 -155.33%
Jun 30, 2022 -605.49%
Mar 31, 2022 -7,419.35%
Sep 30, 2021 -866.49%
Jun 30, 2021 570.58%
Mar 31, 2021 -746.03%