Workhorse (WKHS) EBITDA Margin (2015 - 2025)
Workhorse (WKHS) recorded EBITDA Margin of -63.35% in Q4 2025, down 570.86 percentage points from 507.51% a year earlier but up 413.15 percentage points from the prior quarter.
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Analysis
Workhorse (WKHS) EBITDA Margin (2015 - 2025) Analysis & Trends
For FY2025, Workhorse reported EBITDA Margin of -217.84%, up 357.32 percentage points from FY2024.
- Annual EBITDA Margin has increased for four straight years, with a five-year change of +2666.98 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at -575.16% in FY2024 (+197.94 pp), -773.10% in FY2023 (+1757.98 pp), -2531.07% in FY2022 (+18974.00 pp) and -21505.07% in FY2021 (-18620.26 pp).
- Quarterly EBITDA Margin has ranged from -164671.36% in Q2 2022 to 507.51% in Q4 2024 over the past five years.
- On a year-over-year basis, EBITDA Margin rose in four of the last eight quarters, with an average year-over-year change of -22.71 percentage points.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 164097.12 percentage points in Q2 2023, against a drop of 162821.96 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -476.50% (Q3 2025), -1415.00% (Q2 2025) and -1693.54% (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,248.20 Bn | 1,074.23 Bn | 4.75 Bn | 7.14% |
| 2 | Ferrari | 70.68 Bn | 63.17 Bn | 1.18 Bn | 39.00% |
| 3 | General Motors | 66.36 Bn | -38.25 Bn | 9.28 Bn | 9.59% |
| 4 | Ford Motor | 47.39 Bn | -95.11 Bn | 6.08 Bn | 5.18% |
| 5 | Honda Motor | 45.29 Bn | -104.52 Bn | 8.46 Bn | 11.62% |
| 6 | Toyota Motor | 24.76 Bn | -376.05 Bn | 20.95 Bn | 12.61% |
| 7 | Magna International | 17.95 Bn | 11.97 Bn | 1.61 Bn | - |
| 8 | Rivian Automotive | 16.53 Bn | -6.78 Bn | 179.00 Mn | -36.13% |
| 9 | Stellantis | 12.20 Bn | -152.45 Bn | 5.55 Bn | 5.28% |
| 10 | Workhorse | 28.65 Mn | -8.14 Mn | -7.47 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -63.35% |
| Sep 30, 2025 | -476.50% |
| Jun 30, 2025 | -1,415.00% |
| Mar 31, 2025 | -1,693.54% |
| Dec 31, 2024 | 507.51% |
| Sep 30, 2024 | -487.23% |
| Jun 30, 2024 | -2,191.20% |
| Mar 31, 2024 | -1,625.17% |
| Dec 31, 2023 | -761.97% |
| Sep 30, 2023 | -659.54% |
| Jun 30, 2023 | -574.24% |
| Mar 31, 2023 | -1,470.94% |
| Dec 31, 2022 | -1,124.70% |
| Sep 30, 2022 | -3,110.72% |
| Jun 30, 2022 | -164,671.36% |
| Mar 31, 2022 | -136,451.93% |
| Sep 30, 2021 | -4,327.47% |
| Jun 30, 2021 | -1,849.40% |
| Mar 31, 2021 | -3,098.04% |
| Dec 31, 2020 | -1,268.28% |
API Access
Workhorse EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=WKHS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "WKHS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=WKHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();