Workhorse (WKHS) Accumulated Expenses (2016 - 2025)
Workhorse (WKHS) posted quarterly Accumulated Expenses of $17.0 million for Q4 2025, up 254.81% YoY from $4.8 million in Q4 2024, and up 1308.53% sequentially from $1.2 million in Q3 2025.
Workhorse (WKHS) Accumulated Expenses (2016 - 2025) Analysis & Trends
Workhorse has disclosed Accumulated Expenses across 10 years of filings, most recently posting $17.0 million for Q4 2025.
- In Q4 2025, Accumulated Expenses rose 254.81% year-over-year to $17.0 million; the TTM figure through Dec 2025 stood at $17.0 million (up 254.81% YoY), while the FY2025 annual figure was $17.0 million, up 254.81% from the prior year.
- Accumulated Expenses improved to $17.0 million in Q4 2025, from $1.2 million in the prior quarter.
- Over the last five years, Accumulated Expenses for WKHS reached as high as $44.8 million in Q3 2022 and fell as low as $642326.0 in Q2 2024.
- The 5-year median for Accumulated Expenses is $4.8 million (2023), against an average of $7.4 million.
- Annual changes were most pronounced in 2022 — Accumulated Expenses soared 426.81% — and 2023, when it plunged 96.03%.
- A 5-year view of Accumulated Expenses shows it stood at $14.8 million in 2021, then sank by 85.04% to $2.2 million in 2022, then soared by 120.27% to $4.9 million in 2023, then dropped by 1.29% to $4.8 million in 2024, then jumped by 254.81% to $17.0 million in 2025.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $17.0 million, $1.2 million, and $1.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn |
| 10 | Workhorse | 27.86 Mn | 27.86 Mn | 10.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 17.03 Mn |
| Sep 30, 2025 | 1.21 Mn |
| Jun 30, 2025 | 1.15 Mn |
| Mar 31, 2025 | 10.01 Mn |
| Dec 31, 2024 | 4.80 Mn |
| Sep 30, 2024 | 776,423.00 |
| Jun 30, 2024 | 642,326.00 |
| Mar 31, 2024 | 6.65 Mn |
| Dec 31, 2023 | 4.86 Mn |
| Sep 30, 2023 | 1.78 Mn |
| Jun 30, 2023 | 1.92 Mn |
| Mar 31, 2023 | 2.07 Mn |
| Dec 31, 2022 | 2.21 Mn |
| Sep 30, 2022 | 44.83 Mn |
| Jun 30, 2022 | 3.32 Mn |
| Mar 31, 2022 | 9.95 Mn |
| Dec 31, 2021 | 14.75 Mn |
| Sep 30, 2021 | 8.51 Mn |
| Jun 30, 2021 | 5.20 Mn |
| Mar 31, 2021 | 5.92 Mn |