Workhorse (WKHS) EBIT (2011 - 2025)

Workhorse (WKHS) posted quarterly EBIT of -$3.6 million for Q4 2025, down 120.92% YoY from $17.1 million in Q4 2024, and up 78.41% sequentially from -$16.6 million in Q3 2025.

Workhorse (WKHS) EBIT (2011 - 2025) Analysis & Trends

Workhorse has disclosed EBIT across 13 years of filings, most recently posting -$3.6 million for Q4 2025.

  • In Q4 2025, EBIT fell 120.92% year-over-year to -$3.6 million; the TTM figure through Dec 2025 stood at -$47.4 million (down 14.78% YoY), while the FY2025 annual figure was -$47.4 million, down 14.78% from the prior year.
  • EBIT climbed to -$3.6 million in Q4 2025, from -$16.6 million in the prior quarter.
  • Over the last five years, EBIT for WKHS reached as high as $17.1 million in Q4 2024 and fell as low as -$120.4 million in Q4 2021.
  • The 5-year median for EBIT is -$21.1 million (2022), against an average of -$25.4 million.
  • Annual changes were most pronounced in 2021 — EBIT slumped 700.25% — and 2024, when it soared 148.57%.
  • A 5-year view of EBIT shows it stood at -$120.4 million in 2021, then surged by 67.33% to -$39.3 million in 2022, then rose by 10.6% to -$35.2 million in 2023, then soared by 148.57% to $17.1 million in 2024, then plunged by 120.92% to -$3.6 million in 2025.
  • According to Business Quant data, EBIT over the past three periods registered -$3.6 million, -$16.6 million, and -$14.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 941.00 Mn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 2.33 Bn
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 2.93 Bn
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn -270.62 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn -881.00 Mn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -432.94 Mn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn 1.45 Bn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -22,861.61 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn -989.49 Mn
10 Workhorse 27.86 Mn 27.86 Mn 10.06 Mn -3.57 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -3.57 Mn
Sep 30, 2025 -16.56 Mn
Jun 30, 2025 -14.47 Mn
Mar 31, 2025 -12.84 Mn
Dec 31, 2024 17.08 Mn
Sep 30, 2024 -14.17 Mn
Jun 30, 2024 -20.52 Mn
Mar 31, 2024 -23.73 Mn
Dec 31, 2023 -35.17 Mn
Sep 30, 2023 -21.06 Mn
Jun 30, 2023 -23.52 Mn
Mar 31, 2023 -25.55 Mn
Dec 31, 2022 -39.34 Mn
Sep 30, 2022 -48.85 Mn
Jun 30, 2022 -21.06 Mn
Mar 31, 2022 -19.83 Mn
Dec 31, 2021 -120.43 Mn
Sep 30, 2021 -25.51 Mn
Jun 30, 2021 -22.72 Mn
Mar 31, 2021 -16.45 Mn