Terawulf (WULF) Net Margin (2010 - 2026)

Terawulf has disclosed Net Margin across 17 years of filings, most recently posting 1226.95% for Q1 2026.

• Net Margin for Q1 2026 came in at 1226.95%, down 104843.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 578.08% (down 51284.0% YoY), and the FY2023 annual result was 107.61%, up 50155.0% from the prior year.
• Net Margin came in at 1226.95% for Q1 2026 at Terawulf, down from 284.5% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 23.33% in Q1 2024 to a low of 8400.0% in Q1 2022.
• The 5-year median for Net Margin is 204.21% (2025), against an average of 863.46%.
• Across the five-year window, Net Margin plunged 834547 bps in 2022 and surged 817009 bps in 2023, its largest moves.
• Terawulf's Net Margin stood at 263.44% in 2022, then jumped by 82 bps to 46.39% in 2023, then slumped by 83 bps to 85.12% in 2024, then plunged by 234 bps to 284.5% in 2025, then sank by 331 bps to 1226.95% in 2026.
• The last three Net Margin figures came in at 1226.95% (Q1 2026), 284.5% (Q4 2025), and 899.7% (Q3 2025), per Business Quant data.