Terawulf profit margin WULF
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- n/m
- not a meaningful number
- Peer median
- 19.2%
Terawulf's net margin works out at −1180% over the last twelve months, but it is not a meaningful number: a margin outside minus 100% to 100% is moved by items that are not sales.
Profit margin over time
GrossOperatingNet
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | n/a | n/a | 50.9% |
| FY2024 | −51.7% | −54.4% | 55.3% |
| FY2023 | n/a | −42.5% | 60.5% |
| FY2022 | n/a | n/a | 26.3% |
| FY2020 | −3.3% | −13.3% | 29.1% |
| FY2019 | −4.6% | −5.4% | 30.6% |
| FY2018 | 0.8% | 1.2% | 34.3% |
| FY2017 | −1.3% | −2.7% | 33.2% |
| FY2016 | −0.4% | −0.1% | 35.5% |
| FY2015 | 0.8% | 1.3% | 35.0% |
| FY2014 | 3.5% | 4.9% | 36.3% |
| FY2013 | 3.9% | 5.3% | 39.7% |
| FY2012 | 4.0% | 6.0% | 40.1% |
| FY2011 | 4.2% | 6.1% | 40.0% |
| FY2010 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | n/a | n/a | n/a | |
| Q1 FY26 | n/a | n/a | n/a | |
| Q4 FY25 | n/a | n/a | n/a | |
| Q3 FY25 | n/a | n/a | −90.3% | |
| Q2 FY25 | −91.4% | −49.7 pts | −98.8% | |
| Q1 FY25 | −94.1% | −37.4 pts | n/a | |
| Q4 FY24 | −51.7% | n/a | −54.4% | |
| Q3 FY24 | −41.9% | n/a | −23.0% | |
| Q2 FY24 | −41.7% | n/a | −19.5% | |
| Q1 FY24 | −56.7% | n/a | −22.5% | |
| Q4 FY23 | n/a | n/a | −42.5% | |
| Q3 FY23 | n/a | n/a | −68.7% |
Against its peers
Companies in Financial - Credit Services nearest Terawulf's size, closest first, today.
| Company | Profit margin |
|---|---|
| WULFTerawulf | n/m |
| CACCCredit Acceptance | 21.5% |
| AMTMAmentum | 1.4% |
| RELYRemitly Global | 16.9% |
| FIGRFigure Technology Solutions | 33.5% |
| OMFOneMain | 15.4% |
| EXLSExlService | 11.2% |
| WEXWEX | 12.6% |
| DAVEDave | 34.6% |
| SEZLSezzle | 30.4% |
| NNINelnet | 25.8% |
| Peer median | 19.2% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Terawulf
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.