TeraWulfMIL:1WULF -2.67%13 Net Margin % is -1,257.32% as of Mar. 2026. GuruFocus rates MIL:1WULF with a GF Score™ of 13/100 and a GF Value™ of €5.19 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 777 Capital Markets companies, TeraWulf ranks worse than 96.65% on this metric.
Net margin is calculated as Net Income divided by its Revenue. TeraWulf's Net Income for the
three
months ended in Mar. 2026 was €-369.9 Mil. TeraWulf's Revenue for the
three
months ended in Mar. 2026 was €29.4 Mil. Therefore, TeraWulf's net margin for the quarter that ended in Mar. 2026 was -1,257.32%.
The historical rank and industry rank for TeraWulf's Net Margin % or its related term are showing as below:
MIL:1WULF'
s Net Margin % Range Over the Past 10 Years
Min: -611.46 Med: -249.35 Max: -51.71
Current: -611.46
MIL:1WULF's Net Margin % is ranked worse than 96.65% of 777
companies
in the Capital Markets industry
Industry Median: 14.46
vs MIL:1WULF: -611.46
TeraWulf (MIL:1WULF) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
TeraWulf Net Margin % Related Terms
TeraWulf Net Margin % Historical Data
* Premium members only.
The historical data trend for TeraWulf's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MIL:1WULF vs EVR, FUTU, HUT: Net Margin % Comparison
For the Capital Markets subindustry, TeraWulf's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
TeraWulf Net Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, TeraWulf's Net Margin % distribution charts can be found below:
* The bar in red indicates where TeraWulf's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TeraWulf (MIL:1WULF) has a Net Margin % of -1,257.32% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on TeraWulf and its competitors. According to the industry distribution chart, TeraWulf ranks #751 out of 777 companies in the Capital Markets industry, placing it in the top 96.7%.
Is TeraWulf's Net Margin % too high?
TeraWulf's current Net Margin % is -1,257.32%. Based on the distribution chart, TeraWulf ranks #751 out of 777 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, TeraWulf has a GF Score™ of 13/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TeraWulf's Net Margin % compare to EVR and FUTU?
According to the Capital Markets industry distribution chart, TeraWulf ranks #751 out of 777 companies for Net Margin %. This places TeraWulf in the lower half of its industry. The industry median Net Margin % is 14.46. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Capital Markets company?
The median Net Margin % among Capital Markets companies is 14.46, based on 777 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on TeraWulf and its competitors. For the Capital Markets industry, the median Net Margin % is 14.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TeraWulf's current Net Margin % is -1,257.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TeraWulf stock overvalued right now?
Based on GuruFocus' analysis, TeraWulf (MIL:1WULF) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.19, compared to a current price of €22.23 — trading 328.2% above its estimated fair value. The current Net Margin % is -1,257.32%. TeraWulf's overall GF Score™ is 13/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For TeraWulf (MIL:1WULF), the current Net Margin % is -1,257.32% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is TeraWulf (MIL:1WULF) Overvalued in 2026?
Based on GuruFocus' analysis, TeraWulf stock appears to be overvalued.
The current stock price of €22.23 is trading 328.2% above its estimated GF Value™ of €5.19.
GuruFocus considers TeraWulf to be Significantly Overvalued.
Key valuation signals for MIL:1WULF:
Net Margin %: -1,257.32%
GF Value™: €5.19 vs. price of €22.23 (328.2% above fair value)
No single metric tells the full story. See the MIL:1WULF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TeraWulf Inc develops and operates large-scale digital infrastructure designed for AI and high-performance computing workloads. The Company owns and operates energy infrastructure across key U.S. power markets, providing large-scale, contiguous power capacity for next-generation compute. Its strategic sites offer direct grid connectivity and, in select locations, integrated generation, creating a foundation for scalable compute infrastructure. Built on deep expertise in energy markets and grid integration, TeraWulf approaches compute infrastructure from the foundation up- securing power, developing scalable sites, and operating with disciplined execution.
13GF Score
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