Terawulf (WULF) FCF Margin (2010 - 2026)

Terawulf (WULF) posted FCF Margin of 1589.28% for Q1 2026, up 2.72% sequentially from 1633.78% in Q4 2025, and down 148115.0% YoY from N/an in Q1 2025.

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

Terawulf (WULF) has 17 years of FCF Margin data on file, last reported at 1589.28% in Q1 2026.

  • Quarterly FCF Margin fell 148115.0% year-over-year to 1589.28% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 962.38% (down 75398.0% YoY) and the FY2025 annual result came in at 702.48%, down 49373.0% from the prior year.
  • FCF Margin climbed to 1589.28% in Q1 2026 per WULF's latest filing, from 1633.78% in the prior quarter.
  • The five-year high for FCF Margin was 42.67% in Q2 2023, with the low at 19791.24% in Q1 2022.
  • Average FCF Margin over 5 years is 1618.39%, with a median of 162.13% recorded in 2023.
  • Year-over-year, FCF Margin sank 1904521 bps in 2022 and soared 1962911 bps in 2023.
  • Terawulf's FCF Margin stood at 121.52% in 2022, then gained by 20 bps to 97.05% in 2023, then tumbled by 309 bps to 396.51% in 2024, then plunged by 312 bps to 1633.78% in 2025, then grew by 3 bps to 1589.28% in 2026.
  • Business Quant data shows WULF's FCF Margin at 1589.28% in Q1 2026, 1633.78% in Q4 2025, and 530.38% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -38.15%
2 Goldman Sachs 309.79 Bn -627.76 Bn - -188.27%
3 Schwab Charles 167.21 Bn 122.24 Bn - 111.11%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 190.16%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 2.52%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 16.77%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 28.16%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -791.16%
10 Terawulf 9.97 Bn 7.15 Bn 31.65 Mn -1,589.28%

Historic Data

Download Data
DateValue
Mar 31, 2026 -1,589.28%
Dec 31, 2025 -1,633.78%
Sep 30, 2025 -530.38%
Jun 30, 2025 -366.85%
Mar 31, 2025 -108.12%
Dec 31, 2024 -396.51%
Sep 30, 2024 -153.93%
Jun 30, 2024 -84.95%
Mar 31, 2024 -56.87%
Dec 31, 2023 -97.05%
Sep 30, 2023 -121.41%
Jun 30, 2023 -42.67%
Mar 31, 2023 -162.13%
Dec 31, 2022 -121.52%
Sep 30, 2022 -377.77%
Jun 30, 2022 -1,878.12%
Mar 31, 2022 -19,791.24%
Sep 30, 2021 -866.49%
Jun 30, 2021 570.58%
Mar 31, 2021 -746.03%