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Workhorse (WKHS) Cost of Revenue (2016 - 2025)

Workhorse (WKHS) has disclosed Cost of Revenue for 13 consecutive years, with $10.1 million as the latest value for Q3 2025.

  • On a quarterly basis, Cost of Revenue rose 51.94% to $10.1 million in Q3 2025 year-over-year; TTM through Sep 2025 was $35.8 million, a 9.28% decrease, with the full-year FY2024 number at $28.8 million, down 24.79% from a year prior.
  • Cost of Revenue was $10.1 million for Q3 2025 at Workhorse, down from $13.1 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $99.9 million in Q4 2021 to a low of $3.0 million in Q2 2022.
  • A 5-year average of $14.0 million and a median of $7.5 million in 2024 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: soared 1328.97% in 2021, then plummeted 79.59% in 2022.
  • Workhorse's Cost of Revenue stood at $99.9 million in 2021, then plummeted by 78.77% to $21.2 million in 2022, then dropped by 14.97% to $18.0 million in 2023, then tumbled by 58.67% to $7.5 million in 2024, then skyrocketed by 35.37% to $10.1 million in 2025.
  • Per Business Quant, the three most recent readings for WKHS's Cost of Revenue are $10.1 million (Q3 2025), $13.1 million (Q2 2025), and $5.2 million (Q1 2025).