Workhorse (WKHS) EBITDA (2016 - 2025)

Workhorse has reported EBITDA over the past 13 years, most recently at -$3.6 million for Q4 2025.

  • Quarterly results put EBITDA at -$3.6 million for Q4 2025, down 120.92% from a year ago — trailing twelve months through Dec 2025 was -$47.4 million (down 14.78% YoY), and the annual figure for FY2025 was -$47.4 million, down 14.78%.
  • EBITDA for Q4 2025 was -$3.6 million at Workhorse, up from -$16.6 million in the prior quarter.
  • Over the last five years, EBITDA for WKHS hit a ceiling of $17.1 million in Q4 2024 and a floor of -$120.4 million in Q4 2021.
  • Median EBITDA over the past 5 years was -$21.1 million (2022), compared with a mean of -$25.4 million.
  • Biggest five-year swings in EBITDA: plummeted 700.25% in 2021 and later soared 148.57% in 2024.
  • Workhorse's EBITDA 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 tumbled by 120.92% to -$3.6 million in 2025.
  • The last three reported values for EBITDA were -$3.6 million (Q4 2025), -$16.6 million (Q3 2025), and -$14.5 million (Q2 2025) per Business Quant data.