Workhorse (WKHS) Change in Inventory (2011 - 2025)

Workhorse has disclosed Change in Inventory across 11 years of filings, most recently posting $2.5 million for Q4 2025.

• In Q4 2025, Change in Inventory fell 60.54% year-over-year to $2.5 million; the TTM figure through Dec 2025 stood at -$4.8 million (down 196.27% YoY), while the FY2025 annual figure was -$4.8 million, down 196.27% from the prior year.
• Change in Inventory rose to $2.5 million in Q4 2025, from -$1.7 million in the prior quarter.
• Over the last five years, Change in Inventory for WKHS reached as high as $34.5 million in Q4 2021 and fell as low as -$7.0 million in Q3 2024.
• The 5-year median for Change in Inventory is $5.0 million (2022), against an average of $6.3 million.
• Annual changes were most pronounced in 2023 — Change in Inventory surged 4436.5% — and 2025, when it tumbled 615.07%.
• A 5-year view of Change in Inventory shows it stood at $34.5 million in 2021, then slumped by 71.99% to $9.7 million in 2022, then rose by 11.82% to $10.8 million in 2023, then slumped by 41.9% to $6.3 million in 2024, then tumbled by 60.54% to $2.5 million in 2025.
• According to Business Quant data, Change in Inventory over the past three periods registered $2.5 million, -$1.7 million, and -$5.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.