Cash Flow Statement
Growth Metrics

Terawulf (WULF) FCF Margin (2016 - 2026)

Terawulf's FCF Margin history spans 16 years, with the latest figure at 2689.98% for Q4 2025.

  • On a quarterly basis, FCF Margin fell 229347.0% to 2689.98% in Q4 2025 year-over-year; TTM through Dec 2025 was 780.81%, a 59169.0% decrease, with the full-year FY2025 number at 780.81%, down 57206.0% from a year prior.
  • FCF Margin hit 2689.98% in Q4 2025 for Terawulf, down from 618.46% in the prior quarter.
  • Over the last five years, FCF Margin for WULF hit a ceiling of 570.58% in Q2 2021 and a floor of 19791.24% in Q1 2022.
  • Historically, FCF Margin has averaged 1479.53% across 5 years, with a median of 161.35% in 2023.
  • Biggest five-year swings in FCF Margin: plummeted -1904521bps in 2022 and later skyrocketed 1962989bps in 2023.
  • Tracing WULF's FCF Margin over 5 years: stood at 866.49% in 2021, then surged by 86bps to 121.52% in 2022, then increased by 20bps to 97.05% in 2023, then plummeted by -309bps to 396.51% in 2024, then tumbled by -578bps to 2689.98% in 2025.
  • Business Quant data shows FCF Margin for WULF at 2689.98% in Q4 2025, 618.46% in Q3 2025, and 366.85% in Q2 2025.