Growth Metrics

Terawulf (WULF) Net Margin (2016 - 2025)

Terawulf's Net Margin history spans 16 years, with the latest figure at 196.37% for Q4 2025.

  • For Q4 2025, Net Margin changed N/A year-over-year to 196.37%; the TTM value through Dec 2025 reached 819.07%, up 85376.0%, while the annual FY2023 figure was 107.61%, 50155.0% up from the prior year.
  • Net Margin for Q4 2025 was 196.37% at Terawulf, down from 4629.2% in the prior quarter.
  • Across five years, Net Margin topped out at 5631.54% in Q3 2024 and bottomed at 8400.0% in Q1 2022.
  • The 5-year median for Net Margin is 38.89% (2024), against an average of 137.07%.
  • The largest annual shift saw Net Margin tumbled -834547bps in 2022 before it soared 817009bps in 2023.
  • A 5-year view of Net Margin shows it stood at 131.17% in 2021, then tumbled by -101bps to 263.44% in 2022, then surged by 82bps to 46.39% in 2023, then soared by 12238bps to 5631.54% in 2024, then crashed by -97bps to 196.37% in 2025.
  • Per Business Quant, the three most recent readings for WULF's Net Margin are 196.37% (Q4 2025), 4629.2% (Q3 2025), and 457.88% (Q2 2025).