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TeraWulf WULF Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin69.3%+25.4pp64%+19.1pp50.9%-4.4pp50.2%-9.3pp43.8%-18.3pp
Operating margin-250.4%-152pp-171.8%-70.7pp-110.5%-56.1pp-90.3%-67.3pp-98.8%-79.3pp
Net margin-1,179.9%-1,089pp-611.5%-517pp-392.6%-341pp-336.5%-295pp-91.4%-49.7pp
Returns
Return on equity-1,212.1%-1,165pp-343.7%-313pp-182%-162pp-47%-27.8pp
Efficiency
Asset turnover-0.2×-0.2×-0.2×0.1×-0.2×0.2×-0.1×
Liquidity
Current ratio0.7×+0.1×1.2×-0.7×-3.4×0.0×0.7×-0.5×
Leverage
Debt-to-equity0.2×-2.4×25.4×+25.4×0.1×+0.1×2.5×+2.3×
Per Share
Book value per share$0.30-32.7%-$0.19-142%$0.35-49.2%$0.62-36.8%$0.45-60.3%
Valuation
Market capitalization$8.95B+346%$6.12B+484%$4.81B+120%$4.68B+194%$1.5B-1.3%
Price / sales54.2×+40.3×36.4×+28.5×28.6×+13.0×27.9×+15.5×10.4×-2.2×
Price / book60.8×+49.3×34.3×+25.3×18.9×+14.7×8.6×+4.7×

FAQ

What are TeraWulf's profit margins?
TeraWulf (WULF) runs a 69.3% gross margin and a -250.4% operating margin, with a -1179.9% net margin.
Where do TeraWulf's ratios come from?
Every ratio is computed from TeraWulf's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.