Growth Metrics

Terawulf (WULF) Operating Margin: 2009-2025

Historic Operating Margin for Terawulf (WULF) over the last 17 years, with Sep 2025 value amounting to -48.78%.

  • Terawulf's Operating Margin rose 928.00% to -48.78% in Q3 2025 from the same period last year, while for Sep 2025 it was -90.28%, marking a year-over-year decrease of 6733.00%. This contributed to the annual value of -54.42% for FY2024, which is 1192.00% down from last year.
  • As of Q3 2025, Terawulf's Operating Margin stood at -48.78%, which was down 49.05% from -32.73% recorded in Q2 2025.
  • Terawulf's Operating Margin's 5-year high stood at 1,850.24% during Q4 2021, with a 5-year trough of -4,224.42% in Q1 2022.
  • Its 3-year average for Operating Margin is -61.21%, with a median of -48.78% in 2025.
  • As far as peak fluctuations go, Terawulf's Operating Margin slumped by 416,989bps in 2022, and later spiked by 414,447bps in 2023.
  • Quarterly analysis of 5 years shows Terawulf's Operating Margin stood at 1,850.24% in 2021, then tumbled by 199,018bps to -139.94% in 2022, then skyrocketed by 11,990bps to -20.04% in 2023, then plummeted by 12,695bps to -146.99% in 2024, then soared by 928bps to -48.78% in 2025.
  • Its Operating Margin stands at -48.78% for Q3 2025, versus -32.73% for Q2 2025 and -173.31% for Q1 2025.