HPC EBITDA Margin Target
Company: TeraWulf
The claim, verbatim
Target EBITDA margin of approximately 75% for HPC hosting operations
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “EBITDA margin ~75%”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The HPC guidance slide and the Core42 lease terms both state an EBITDA margin of ~75%.
Confirmed in the source:
- Updated guidance targets an EBITDA margin of approximately 75%
- The margin applies to HPC hosting (the Core42 lease)
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23301/pdf/WULF_Q1_2025_Investor_Pres_vF.pdf) in full (23,307 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “EBITDA margin ~75%”
Record of changes
September 2, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — stated
Review. statement_date 2026-09-01 was the source's retrieval date; source published 2025-05-08.