Workhorse (WKHS) Accumulated Expenses (2016 - 2025)

Workhorse (WKHS) has reported Accumulated Expenses for 10 consecutive years, with $17.0 million the latest figure, recorded in 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 rose to $17.0 million in Q4 2025 per WKHS's latest filing, from $7.1 million in the prior quarter.
• Across five years, Accumulated Expenses topped out at $46.2 million in Q4 2022 and bottomed at $4.8 million in Q4 2024.
• Historically, Accumulated Expenses has averaged $15.8 million across 5 years, with a median of $9.1 million in 2021.
• Annual changes were most pronounced in 2022 — Accumulated Expenses soared 426.81% — and 2023, when it tumbled 89.48%.
• Workhorse's Accumulated Expenses stood at $14.8 million in 2021, then soared by 213.21% to $46.2 million in 2022, then sank by 89.48% to $4.9 million in 2023, then declined by 1.29% to $4.8 million in 2024, then surged by 254.81% to $17.0 million in 2025.
• Business Quant data shows WKHS's Accumulated Expenses at $17.0 million in Q4 2025, $7.1 million in Q3 2025, and $11.2 million in Q2 2025.