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TeraWulf (TeraWulf) Gross Margin % : 61.64% (As of Dec. 2023)


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What is TeraWulf Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. TeraWulf's Gross Profit for the three months ended in Dec. 2023 was $14.35 Mil. TeraWulf's Revenue for the three months ended in Dec. 2023 was $23.29 Mil. Therefore, TeraWulf's Gross Margin % for the quarter that ended in Dec. 2023 was 61.64%.


The historical rank and industry rank for TeraWulf's Gross Margin % or its related term are showing as below:

WULF' s Gross Margin % Range Over the Past 10 Years
Min: 26.28   Med: 43.41   Max: 60.54
Current: 60.54


During the past 3 years, the highest Gross Margin % of TeraWulf was 60.54%. The lowest was 26.28%. And the median was 43.41%.

WULF's Gross Margin % is ranked better than
61.65% of 605 companies
in the Capital Markets industry
Industry Median: 48.91 vs WULF: 60.54

TeraWulf had a gross margin of 61.64% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for TeraWulf was 0.00% per year.


TeraWulf Gross Margin % Historical Data

The historical data trend for TeraWulf's Gross 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.

* Premium members only.

TeraWulf Gross Margin % Chart

TeraWulf Annual Data
Trend Mar21 Dec22 Dec23
Gross Margin %
- 26.28 60.54

TeraWulf Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.82 56.63 66.92 56.38 61.64

Competitive Comparison of TeraWulf's Gross Margin %

For the Capital Markets subindustry, TeraWulf's Gross Margin %, along with its competitors' market caps and Gross 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's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TeraWulf's Gross Margin % distribution charts can be found below:

* The bar in red indicates where TeraWulf's Gross Margin % falls into.



TeraWulf Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

TeraWulf's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=41.9 / 69.229
=(Revenue - Cost of Goods Sold) / Revenue
=(69.229 - 27.315) / 69.229
=60.54 %

TeraWulf's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=14.4 / 23.285
=(Revenue - Cost of Goods Sold) / Revenue
=(23.285 - 8.932) / 23.285
=61.64 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


TeraWulf  (NAS:WULF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

TeraWulf had a gross margin of 61.64% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


TeraWulf Gross Margin % Related Terms

Thank you for viewing the detailed overview of TeraWulf's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


TeraWulf (TeraWulf) Business Description

Traded in Other Exchanges
N/A
Address
9 Federal Street, Easton, MD, USA, 21601
TeraWulf Inc is a digital asset technology company with a core business of sustainable bitcoin mining. The company develops, owns and operates its bitcoin mining facility sites in the United States powered by hydro, nuclear, and solar energy.
Executives
Paul B. Prager director, 10 percent owner, officer: Chief Executive Officer 9 FEDERAL STREET, EASTON MD 21601
Michael C. Bucella director C/O TERAWULF INC., 9 FEDERAL STREET, EASTON MD 21601
Patrick Fleury officer: Chief Financial Officer C/O GSO CAPTTAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
Bryan J. Pascual 10 percent owner 53 PALMERAS STREET, SUITE 601, SAN JUAN PR 00901
Revolve Capital Llc 10 percent owner 339 DORADO BEACH EAST, DORADO PR 00646
Walter E. Carter director 9 FEDERAL STREET, EASTON MD 21601
Jason Griffin New director 280 PARK AVENUE, NEW YORK NY 10017
Kenneth J Deane officer: CFO & Treasurer 9 FEDERAL STREET, EASTON MD 21601
Stammtisch Investments Llc 10 percent owner 9 FEDERAL STREET, EASTON MD 21601
Lisa A. Prager director 9 FEDERAL STREET, EASTON MD 21601
Kerri M. Langlais officer: Chief Strategy Officer 9 FEDERAL STREET, EASTON MD 21601
Nazar M. Khan director, officer: COO & Chief Technology Officer 9 FEDERAL STREET, EASTON MD 21601
Catherine J. Motz director 9 FEDERAL STREET, EASTON MD 21601
Steven T. Pincus director 9 FEDERAL STREET, EASTON MD 21601
Bayshore Capital Llc 10 percent owner 53 PALMERAS STREET, SUITE 601, SAN JUAN PR 00901