Growth Metrics

Terawulf (WULF) Gross Margin (2016 - 2025)

Terawulf's Gross Margin history spans 15 years, with the latest figure at 60.38% for Q4 2024.

  • For Q4 2024, Gross Margin fell 126.0% year-over-year to 60.38%; the TTM value through Dec 2024 reached 73.89%, up 1335.0%, while the annual FY2025 figure was 50.93%, 437.0% down from the prior year.
  • Gross Margin for Q4 2024 was 60.38% at Terawulf, down from 60.88% in the prior quarter.
  • Across five years, Gross Margin topped out at 85.25% in Q1 2022 and bottomed at 34.08% in Q3 2022.
  • The 5-year median for Gross Margin is 50.6% (2022), against an average of 43.88%.
  • The largest YoY upside for Gross Margin was 9046bps in 2023 against a maximum downside of -2862bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 35.32% in 2020, then fell by -5bps to 33.62% in 2021, then soared by 33bps to 44.82% in 2022, then soared by 38bps to 61.64% in 2023, then fell by -2bps to 60.38% in 2024.
  • Per Business Quant, the three most recent readings for WULF's Gross Margin are 60.38% (Q4 2024), 60.88% (Q2 2024), and 66.05% (Q1 2024).