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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Terawulf (WULF) Gross Margin (2016 - 2025)

Terawulf (WULF) has disclosed Gross Margin for 16 consecutive years, with 27.72% as the latest value for Q4 2025.

  • Quarterly Gross Margin fell 3265.0% to 27.72% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 45.46% through Dec 2025, down 1404.0% year-over-year, with the annual reading at 45.46% for FY2025, 984.0% down from the prior year.
  • Gross Margin hit 27.72% in Q4 2025 for Terawulf, down from 60.52% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 85.25% in Q1 2022 to a low of 34.08% in Q3 2022.
  • Historically, Gross Margin has averaged 47.26% across 5 years, with a median of 56.38% in 2023.
  • Biggest five-year swings in Gross Margin: crashed -6744bps in 2022 and later soared 9046bps in 2023.
  • Year by year, Gross Margin stood at 33.35% in 2021, then soared by 34bps to 44.82% in 2022, then skyrocketed by 38bps to 61.64% in 2023, then dropped by -2bps to 60.38% in 2024, then crashed by -54bps to 27.72% in 2025.
  • Business Quant data shows Gross Margin for WULF at 27.72% in Q4 2025, 60.52% in Q3 2025, and 53.62% in Q2 2025.