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

Workhorse has reported Cost of Revenue over the past 13 years, most recently at $2.5 million for Q4 2025.

  • Quarterly Cost of Revenue rose 129.98% to $2.5 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $30.8 million through Dec 2025, up 133.25% year-over-year, with the annual reading at $30.8 million for FY2025, 133.25% up from the prior year.
  • Cost of Revenue was $2.5 million for Q4 2025 at Workhorse, down from $10.1 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $99.9 million in Q4 2021 and troughed at -$8.2 million in Q4 2024.
  • The 5-year median for Cost of Revenue is $7.4 million (2024), against an average of $12.6 million.
  • Year-over-year, Cost of Revenue soared 1328.97% in 2021 and then tumbled 145.44% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $99.9 million in 2021, then crashed by 78.77% to $21.2 million in 2022, then fell by 14.97% to $18.0 million in 2023, then tumbled by 145.44% to -$8.2 million in 2024, then skyrocketed by 129.98% to $2.5 million in 2025.
  • Per Business Quant, the three most recent readings for WKHS's Cost of Revenue are $2.5 million (Q4 2025), $10.1 million (Q3 2025), and $13.1 million (Q2 2025).