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

Workhorse (WKHS) has reported Change in Inventory for 11 consecutive years, with $2.5 million the latest figure, recorded in 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 grew to $2.5 million in Q4 2025 per WKHS's latest filing, from -$1.7 million in the prior quarter.
• Across five years, Change in Inventory topped out at $34.5 million in Q4 2021 and bottomed at -$7.0 million in Q3 2024.
• Historically, Change in Inventory has averaged $6.3 million across 5 years, with a median of $5.0 million in 2022.
• Annual changes were most pronounced in 2023 — Change in Inventory surged 4436.5% — and 2025, when it sank 615.07%.
• Workhorse's Change in Inventory stood at $34.5 million in 2021, then sank by 71.99% to $9.7 million in 2022, then gained by 11.82% to $10.8 million in 2023, then sank by 41.9% to $6.3 million in 2024, then slumped 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.