Growth Metrics

Terawulf (WULF) Gross Margin (2016 - 2025)

Historic Gross Margin for Terawulf (WULF) over the last 17 years, with Q3 2025 value amounting to 66.15%.

  • Terawulf's Gross Margin rose 203200.0% to 66.15% in Q3 2025 from the same period last year, while for Sep 2025 it was 50.24%, marking a year-over-year decrease of 93100.0%. This contributed to the annual value of 55.3% for FY2024, which is 52500.0% down from last year.
  • Latest data reveals that Terawulf reported Gross Margin of 66.15% as of Q3 2025, which was up 203200.0% from 53.62% recorded in Q2 2025.
  • Terawulf's 5-year Gross Margin high stood at 85.25% for Q1 2022, and its period low was 34.08% during Q3 2022.
  • Its 5-year average for Gross Margin is 47.74%, with a median of 55.0% in 2025.
  • Per our database at Business Quant, Terawulf's Gross Margin crashed by -674400bps in 2022 and then soared by 904600bps in 2023.
  • Terawulf's Gross Margin (Quarter) stood at 33.35% in 2021, then surged by 34bps to 44.82% in 2022, then surged by 38bps to 61.64% in 2023, then dropped by -29bps to 43.91% in 2024, then soared by 51bps to 66.15% in 2025.
  • Its Gross Margin was 66.15% in Q3 2025, compared to 53.62% in Q2 2025 and 28.64% in Q1 2025.