stockrowTeraWulf Inc.
WULF Financial Capital Markets
TeraWulf Inc.’s revenue for fiscal 2025 (year ended December 2025) was $168.5 million, up 20.3% from fiscal 2024.
- Revenue
- −6.02%
- EPS
- −3,780.0%
- Free cash flow
- −695.3%
- Total debt
- +966.1%
Quarter to June 2026, against a year earlier
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TeraWulf Inc. (WULF) Gross margin
TeraWulf Inc.'s gross margin over the twelve months to 30 June 2026 was 69.3%, up 18.3 percentage points from fiscal 2025 (50.9%). Over the past ten years it has ranged from 0.00% (fiscal 2021) to 60.5% (fiscal 2023); the current reading is higher than 82% of that period. That is in line with the Capital Markets industry median of 68.2% and in line with the Financial sector median of 70.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 50.9% | (4.37) |
| FY2024 | 55.3% | (5.24) |
| FY2023 | 60.5% | 34.26 |
| FY2022 | 26.3% | 26.28 |
| FY2021 | 0.00% | (29.07) |
| FY2020 | 29.1% | (1.56) |
| FY2019 | 30.6% | (3.71) |
| FY2018 | 34.3% | 1.11 |
| FY2017 | 33.2% | (2.27) |
| FY2016 | 35.5% | 0.51 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 72.3% | (20.76) |
| Mar 2026 | 93.1% | 45.78 |
| Dec 2025 | 47.3% | (18.87) |
| Sep 2025 | 66.2% | 12.53 |
| 41 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| MC Moelis & Company compare | 100.0% |
| MKTX MarketAxess Holdings Inc. compare | 100.0% |
| MRX Marex Group PLC compare | 100.0% |
| BGC BGC Group, Inc. compare | 97.6% |
| FIGR Figure Technology Solutions, Inc. compare | 87.5% |
| WULF TeraWulf Inc. | 69.3% |
| GLXY Galaxy Digital Inc. compare | 0.40% |
| RIOT Riot Platforms, Inc. compare | 0.00% |
| HUT Hut 8 Corp. compare | 0.00% |
| Capital Markets industry median | 68.2% |
| Financial sector median | 70.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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