Company / Operating Margin
TERAWULF INC. Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-110.5%
FY2025
5-year range
-110.5% / -42.5%
FY2021-FY2025
Trend
-103.1%
vs FY2024
Sector context
#98 of 105
Financials
What the data says
Among 105 Financials companies, TERAWULF INC. is in the bottom 7% for operating margin. Operating Margin has declined for 5 consecutive years, from 1.2% in FY2018 to -110.5% in FY2025.
Based on SEC 10-K filings.
-110.5% in FY2025 with a 5-year CAGR of -97.2%.
Declined from -42.5% to -110.5% over the past 2 years.
Financials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -
- 5-Year Change
- -97.2pp
- 10-Year Change
- -
Sector benchmark
Bottom 7% in FinancialsTop 93% of 105This company -110.5% Sector average -49.0%
▼
-125.7% below sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 103.1% year-over-year.
- Currently 61.6pp below the Financials sector average.
- Peak operating margin was recorded in FY2016.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 0.01 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -110.5% | -103.1% |
| FY2024 | -54.4% | -28.1% |
| FY2023 | -42.5% | - |
| FY2022 | - | - |
| FY2021 | - | - |
| FY2020 | -13.3% | -144.9% |
| FY2019 | -5.4% | -537.9% |
| FY2018 | 1.2% | +1053.8% |
| FY2017 | -0.1% | -110.3% |
| FY2016 | 1.3% | +0.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026