Workhorse (WKHS) Change in Inventory (2011 - 2025)
Workhorse (WKHS) reported Change in Inventory of $2.5 million for Q4 2025, down 60.54% year-over-year from $6.3 million in Q4 2024, and up 244.36% quarter-over-quarter from -$1.7 million in Q3 2025.
Workhorse (WKHS) Change in Inventory (2011 - 2025) Analysis & Trends
Workhorse (WKHS) has 11 years of Change in Inventory data on file, last reported at $2.5 million in Q4 2025.
- Change in Inventory for Q4 2025 came in at $2.5 million, down 60.54% year-over-year; the trailing twelve-month figure through Dec 2025 was -$4.8 million (down 196.27% YoY), and the FY2025 annual result was -$4.8 million, down 196.27% from the prior year.
- Change in Inventory climbed to $2.5 million in Q4 2025 per WKHS's latest filing, from -$1.7 million in the prior quarter.
- Over five years, Change in Inventory peaked at $34.5 million in Q4 2021 and troughed at -$7.0 million in Q3 2024.
- A 5-year average of $6.3 million and a median of $5.0 million in 2022 frame the typical range for Change in Inventory.
- The sharpest annual moves came in 2023 and 2025: Change in Inventory surged 4436.5% in 2023, then sank 615.07% in 2025.
- A 5-year view of Change in Inventory shows it stood at $34.5 million in 2021, then plunged by 71.99% to $9.7 million in 2022, then rose by 11.82% to $10.8 million in 2023, then plunged by 41.9% to $6.3 million in 2024, then sank by 60.54% to $2.5 million in 2025.
- Business Quant data shows WKHS's Change in Inventory at $2.5 million in Q4 2025, -$1.7 million in Q3 2025, and -$5.3 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,264.49 Bn | 1,219.81 Bn | 4.72 Bn | 2.26 Bn |
| 2 | Toyota Motor | 448.54 Bn | 321.13 Bn | 9.14 Bn | - |
| 3 | General Motors | 74.80 Bn | 52.42 Bn | 4.32 Bn | - |
| 4 | Ferrari | 71.95 Bn | 70.15 Bn | 1.09 Bn | -68.91 Mn |
| 5 | Ford Motor | 59.47 Bn | 29.01 Bn | 7.94 Bn | 1.36 Bn |
| 6 | Rivian Automotive | 20.42 Bn | 15.62 Bn | 119.00 Mn | 80.00 Mn |
| 7 | China Yuchai International | 16.65 Bn | 15.59 Bn | 317.01 Mn | - |
| 8 | VinFast Auto | 7.51 Bn | 10.51 Bn | -15,731.99 Bn | - |
| 9 | Digital Currency X Technology | 5.68 Bn | 5.68 Bn | - | - |
| 10 | Workhorse | 31.08 Mn | 31.08 Mn | 10.06 Mn | 2.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.48 Mn |
| Dec 31, 2025 | 2.48 Mn |
| Sep 30, 2025 | -1.72 Mn |
| Sep 30, 2025 | -1.72 Mn |
| Jun 30, 2025 | -5.33 Mn |
| Jun 30, 2025 | -5.33 Mn |
| Mar 31, 2025 | -276,658.00 |
| Mar 31, 2025 | -276,658.00 |
| Dec 31, 2024 | 6.28 Mn |
| Dec 31, 2024 | 6.28 Mn |
| Sep 30, 2024 | -6.96 Mn |
| Sep 30, 2024 | -6.96 Mn |
| Jun 30, 2024 | -745,859.00 |
| Jun 30, 2024 | -745,859.00 |
| Mar 31, 2024 | 6.47 Mn |
| Mar 31, 2024 | 6.47 Mn |
| Dec 31, 2023 | 10.80 Mn |
| Dec 31, 2023 | 10.80 Mn |
| Sep 30, 2023 | 2.58 Mn |
| Sep 30, 2023 | 2.58 Mn |