What is the current annual gross margin of WULF?

As of today, WULF annual gross margin is -1.67%

What is 1-year change in WULF annual gross margin?

WULF annual gross margin is down -113.26% year-over-year

What is 3-year change in WULF annual gross margin?

WULF annual gross margin is up +90.76% over the past 3 years

How far is WULF annual gross margin from its all-time high?

WULF annual gross margin is currently -103.04% below its historical high of 54.86% set on December 1, 1998

How does WULF annual gross margin rank versus sector peers?

WULF annual gross margin is higher than 2.90% of companies in Financial Services sector

When is WULF next annual earnings release?

As of today, the next annual earnings release for WULF has not been scheduled

What is the current quarterly gross margin of WULF?

As of today, WULF quarterly gross margin is -30.12%

What is WULF quarterly gross margin most recent change?

WULF quarterly gross margin was down -319.05% on December 31, 2025

What is 1-year change in WULF quarterly gross margin?

WULF quarterly gross margin is down -2610.00% year-over-year

How far is WULF quarterly gross margin from its all-time high?

WULF quarterly gross margin is currently -136.11% below its historical high of 83.41% set on March 31, 2022

How does WULF quarterly gross margin rank versus sector peers?

WULF quarterly gross margin is higher than 1.65% of companies in Financial Services sector

When is WULF next earnings release?

The next earnings release for WULF is on May 8, 2026

TeraWulf Inc. (WULF) Gross Margin History & Chart Since 1997

Annual Gross Margin

-1.67%14.26%-113.26%

December 31, 2025

Summary

Current Value: As of today, WULF annual gross margin is -1.67%, down -113.26% on December 31, 2025
Historical Performance: WULF annual gross margin is up +90.76% over the past 3 years, down -105.74% over the past 5 years
All-Time High Comparison: WULF annual gross margin is currently -103.04% below its historical high of 54.86% set on December 1, 1998
3-Year Low Comparison: WULF annual gross margin is +90.76% above its 3-year low of -18.07% reached on an earlier date
Sector Comparison: WULF annual gross margin is higher than 2.90% of companies in Financial Services sector

Gross Margin Chart

Performance

WULF Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	-1.67%	-113.3%	+90.8%	-105.7%	-104.0%
Quarterly Gross Margin	Dec 31, 25	-30.12%	-2610.0%	-336.5%	-185.3%	-173.4%
Price	May 4, 26	$22.29	+594.4%	+1152.3%	+121.8%	+183.9%
PE Ratio	May 4, 26	-	–	–	–	–
Annual Revenue	Dec 31, 25	$168.46M	+20.3%	+1020.6%	+1154.1%	+919.9%
Annual Gross Profit	Dec 31, 25	-$2.81M	-115.9%	-3.2%	-171.8%	-141.2%
Annual Operating Margin	Dec 31, 25	-100.21%	-131.7%	+64.2%	-847.2%	-1178.7%
Annual Net Margin	Dec 31, 25	-392.64%	-659.3%	+31.3%	-10000.0%	-5925.5%

Gross Margin Highs

WULF Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	19.59%	Dec 31, 23	-108.5%
5Y	19.59%	Dec 31, 23	-108.5%
All	54.86%	Dec 1, 98	-103.0%

Gross Margin Lows

WULF Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	-18.07%	N/A	+90.8%
5Y	-18.07%	Dec 31, 22	+90.8%
All	-18.07%	Dec 31, 22	+90.8%

Gross Margin History

Year	Value	Change
2025	-1.67%	-113.3%
2024	12.59%	-35.7%
2023	19.59%	+208.4%
2022	-18.07%	-162.2%
2020	29.07%	-5.1%
2019	30.63%	-10.8%
2018	34.34%	+3.3%
2017	33.23%	-6.4%
2016	35.50%	+1.5%
2015	34.99%	-3.5%
2014	36.25%	-8.6%
2013	39.66%	-1.1%
2012	40.11%	+0.3%
2011	39.98%	-3.0%

Year	Value	Change
2010	41.20%	+2.7%
2009	40.12%	-4.0%
2008	41.79%	-4.7%
2007	43.84%	-2.7%
2006	45.05%	+1.1%
2005	44.54%	-0.5%
2004	44.77%	-1.5%
2003	45.47%	+7.5%
2002	42.29%	+0.1%
2001	42.25%	-10.2%
2000	47.06%	-11.5%
1999	53.18%	-3.1%
1998	54.86%	+3.4%
1997	53.05%	-

FAQ

What is the current annual gross margin of WULF?
As of today, WULF annual gross margin is -1.67%
What is 1-year change in WULF annual gross margin?
WULF annual gross margin is down -113.26% year-over-year
What is 3-year change in WULF annual gross margin?
WULF annual gross margin is up +90.76% over the past 3 years
How far is WULF annual gross margin from its all-time high?
WULF annual gross margin is currently -103.04% below its historical high of 54.86% set on December 1, 1998
How does WULF annual gross margin rank versus sector peers?
WULF annual gross margin is higher than 2.90% of companies in Financial Services sector
When is WULF next annual earnings release?
As of today, the next annual earnings release for WULF has not been scheduled

Quarterly Gross Margin

-30.12%43.87%-319.05%

December 31, 2025

Summary

Current Value: As of today, WULF quarterly gross margin is -30.12%, down -319.05% on December 31, 2025
Historical Performance: WULF quarterly gross margin is down -2610.00% year-over-year, down -336.52% over the past 3 years
All-Time High Comparison: WULF quarterly gross margin is currently -136.11% below its historical high of 83.41% set on March 31, 2022
3-Year Low Comparison: WULF quarterly gross margin is at its 3-year low
Sector Comparison: WULF quarterly gross margin is higher than 1.65% of companies in Financial Services sector

Performance

WULF Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Dec 31, 25	-30.12%	-319.1%	-2610.0%	-336.5%	-185.3%
Annual Gross Margin	Dec 31, 25	-1.67%	–	-113.3%	+90.8%	-105.7%
Price	May 4, 26	$22.29	+60.6%	+594.4%	+1152.3%	+121.8%
PE Ratio	May 4, 26	-	–	–	–	–
Quarterly Revenue	Dec 31, 25	$35.84M	-29.1%	+2.4%	+274.6%	+747.7%
Quarterly Gross Profit	Dec 31, 25	-$10.79M	-255.2%	-2675.7%	-1535.2%	-822.7%
Quarterly Operating Margin	Dec 31, 25	-240.69%	-755.6%	-143.5%	-76.4%	-3650.0%
Quarterly Net Margin	Dec 31, 25	-353.21%	+60.7%	-323.3%	-37.8%	-1120.5%

Quarterly Gross Margin Highs

WULF Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	14.18%	Jun 30, 25	-312.4%
3Y	30.49%	Mar 31, 24	-198.8%
5Y	83.41%	Mar 31, 22	-136.1%
All	83.41%	Mar 31, 22	-136.1%

Quarterly Gross Margin Lows

WULF Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	-30.12%	Dec 31, 25	at low
3Y	-30.12%	Dec 31, 25	at low
5Y	-73.29%	Sep 30, 22	+58.9%
All	-73.29%	Sep 30, 22	+58.9%

Quarterly Gross Margin History

Month	Value	Change
Dec 2025	-30.12%	-319.1%
Sep 2025	13.75%	-3.0%
Jun 2025	14.18%	+185.3%
Mar 2025	-16.63%	-1,485.8%
Dec 2024	1.20%	+110.0%
Sep 2024	-11.99%	-156.7%
Jun 2024	21.15%	-30.6%
Mar 2024	30.49%	+16.6%
Dec 2023	26.15%	+101.3%
Sep 2023	12.99%	-48.7%
Jun 2023	25.33%	+166.1%
Mar 2023	9.52%	+238.0%
Dec 2022	-6.90%	+90.6%
Sep 2022	-73.29%	-270.9%
Jun 2022	42.89%	-48.6%
Mar 2022	83.41%	+136.2%
Dec 2020	35.32%	+26.7%
Sep 2020	27.87%	+86.3%
Jun 2020	14.96%	-54.6%
Mar 2020	32.98%	+5.8%
Dec 2019	31.18%	+0.0%
Sep 2019	31.17%	+0.3%
Jun 2019	31.08%	+8.7%
Mar 2019	28.60%	-18.4%
Dec 2018	35.06%	+6.8%
Sep 2018	32.82%	-8.5%
Jun 2018	35.87%	+7.2%
Mar 2018	33.46%	-11.7%
Dec 2017	37.88%	+14.0%
Sep 2017	33.23%	+7.9%
Jun 2017	30.80%	+2.5%
Mar 2017	30.04%	-18.4%
Dec 2016	36.83%	+1.8%
Sep 2016	36.19%	-0.2%
Jun 2016	36.27%	+12.3%
Mar 2016	32.31%	-13.8%
Dec 2015	37.47%	+5.2%
Sep 2015	35.61%	+1.0%
Jun 2015	35.24%	+15.2%
Mar 2015	30.59%	-11.9%
Dec 2014	34.73%	-4.5%
Sep 2014	36.36%	+4.7%
Jun 2014	34.74%	-11.8%
Mar 2014	39.40%	-7.0%
Dec 2013	42.37%	+8.8%
Sep 2013	38.93%	-3.8%
Jun 2013	40.48%	+11.2%
Mar 2013	36.40%	-12.5%
Dec 2012	41.62%	+0.5%
Sep 2012	41.43%	+4.5%
Jun 2012	39.66%	+5.6%
Mar 2012	37.55%	-8.2%

Month	Value	Change
Dec 2011	40.90%	+6.2%
Sep 2011	38.52%	-4.7%
Jun 2011	40.42%	+0.7%
Mar 2011	40.15%	-2.2%
Dec 2010	41.04%	+2.0%
Sep 2010	40.25%	-6.5%
Jun 2010	43.07%	+7.0%
Mar 2010	40.27%	+4.0%
Dec 2009	38.73%	-4.1%
Sep 2009	40.37%	+4.9%
Jun 2009	38.47%	-2.5%
Mar 2009	39.44%	+11.6%
Dec 2008	35.35%	-18.1%
Sep 2008	43.16%	+0.4%
Jun 2008	42.99%	-0.2%
Mar 2008	43.09%	-7.7%
Dec 2007	46.68%	+2.5%
Sep 2007	45.56%	+8.2%
Jun 2007	42.09%	+3.0%
Mar 2007	40.87%	-13.0%
Dec 2006	46.99%	+1.7%
Sep 2006	46.22%	+5.5%
Jun 2006	43.79%	+1.5%
Mar 2006	43.14%	-8.0%
Dec 2005	46.88%	+2.4%
Sep 2005	45.78%	+4.6%
Jun 2005	43.77%	+4.2%
Mar 2005	42.00%	-5.3%
Dec 2004	44.35%	-0.4%
Sep 2004	44.51%	-3.0%
Jun 2004	45.91%	+3.9%
Mar 2004	44.19%	+508.7%
Dec 2003	7.26%	-84.1%
Sep 2003	45.55%	-2.2%
Jun 2003	46.58%	+9.4%
Mar 2003	42.56%	0.0%
Dec 2002	42.56%	+4.3%
Sep 2002	40.79%	-4.8%
Jun 2002	42.85%	+2.9%
Mar 2002	41.64%	+8.4%
Dec 2001	38.43%	-4.5%
Sep 2001	40.23%	-8.4%
Jun 2001	43.93%	-4.6%
Mar 2001	46.03%	>+9,900.0%
Dec 2000	0.00%	-100.0%
Sep 2000	45.68%	-7.5%
Jun 2000	49.39%	+5.3%
Mar 2000	46.92%	-23.1%
Dec 1999	60.99%	+22.4%
Sep 1999	49.83%	+1.9%
Jun 1999	48.89%	-

FAQ

What is the current quarterly gross margin of WULF?
As of today, WULF quarterly gross margin is -30.12%
What is WULF quarterly gross margin most recent change?
WULF quarterly gross margin was down -319.05% on December 31, 2025
What is 1-year change in WULF quarterly gross margin?
WULF quarterly gross margin is down -2610.00% year-over-year
How far is WULF quarterly gross margin from its all-time high?
WULF quarterly gross margin is currently -136.11% below its historical high of 83.41% set on March 31, 2022
How does WULF quarterly gross margin rank versus sector peers?
WULF quarterly gross margin is higher than 1.65% of companies in Financial Services sector
When is WULF next earnings release?
The next earnings release for WULF is on May 8, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

WULF Official Website www.terawulf.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1083301/000108330126000031/0001083301-26-000031-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1083301/000108330126000031/0001083301-26-000031-index.htm
WULF Profile on Yahoo Finance finance.yahoo.com/quote/WULF
WULF Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/wulf