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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) Operating Margin (2016 - 2026)

Terawulf's Operating Margin history spans 16 years, with the latest figure at 330.23% for Q4 2025.

  • On a quarterly basis, Operating Margin fell 22639.0% to 330.23% in Q4 2025 year-over-year; TTM through Dec 2025 was 122.87%, a 7356.0% decrease, with the full-year FY2025 number at 122.87%, down 6845.0% from a year prior.
  • Operating Margin hit 330.23% in Q4 2025 for Terawulf, down from 56.88% in the prior quarter.
  • Over the last five years, Operating Margin for WULF hit a ceiling of 5.46% in Q1 2024 and a floor of 4224.42% in Q1 2022.
  • Historically, Operating Margin has averaged 338.96% across 5 years, with a median of 58.06% in 2024.
  • Biggest five-year swings in Operating Margin: crashed -416989bps in 2022 and later surged 414447bps in 2023.
  • Tracing WULF's Operating Margin over 5 years: stood at 127.21% in 2021, then decreased by -10bps to 139.94% in 2022, then surged by 86bps to 20.04% in 2023, then tumbled by -418bps to 103.84% in 2024, then plummeted 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.