Terawulf (WULF) Gross Margin (2010 - 2026)

Terawulf has reported Gross Margin for 17 years, with the latest figure at 93.06% in Q1 2026.

• Quarterly Gross Margin rose 6442.0% year-over-year to 93.06% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 65.5% (up 1514.0% YoY) and the FY2025 annual result came in at 50.93%, down 437.0% from the prior year.
• Gross Margin climbed to 93.06% in Q1 2026 per WULF's latest filing, from 56.1% in the prior quarter.
• Over five years, Gross Margin peaked at 93.06% in Q1 2026 and troughed at 34.08% in Q3 2022.
• A 5-year average of 54.45% and a median of 57.33% in 2022 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 6744 bps in 2022, then soared 9046 bps in 2023.
• Over 5 years, Gross Margin stood at 44.82% in 2022, then jumped by 38 bps to 61.64% in 2023, then dropped by 2 bps to 60.38% in 2024, then retreated by 7 bps to 56.1% in 2025, then surged by 66 bps to 93.06% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 93.06%, 56.1%, and 66.15% for Q1 2026, Q4 2025, and Q3 2025 respectively.