Growth Metrics

Terawulf (WULF) Operating Margin (2016 - 2025)

Terawulf (WULF) has disclosed Operating Margin for 16 consecutive years, with 330.23% as the latest value for Q4 2025.

  • Quarterly Operating Margin fell 22639.0% to 330.23% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 122.87% through Dec 2025, down 7356.0% year-over-year, with the annual reading at 122.87% for FY2025, 6845.0% down from the prior year.
  • Operating Margin hit 330.23% in Q4 2025 for Terawulf, down from 56.88% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 1850.24% in Q4 2021 to a low of 4224.42% in Q1 2022.
  • Historically, Operating Margin has averaged 229.5% across 5 years, with a median of 57.47% in 2024.
  • Biggest five-year swings in Operating Margin: crashed -416989bps in 2022 and later surged 414447bps in 2023.
  • Year by year, Operating Margin stood at 1850.24% in 2021, then tumbled by -108bps to 139.94% in 2022, then soared by 86bps to 20.04% in 2023, then crashed by -418bps to 103.84% in 2024, then tumbled by -218bps to 330.23% in 2025.
  • Business Quant data shows Operating Margin for WULF at 330.23% in Q4 2025, 56.88% in Q3 2025, and 32.73% in Q2 2025.