Workhorse (WKHS) EBT (2011 - 2025)

Workhorse has disclosed EBT across 13 years of filings, most recently posting -$20.8 million for Q4 2025.

• In Q4 2025, EBT fell 171.76% year-over-year to -$20.8 million; the TTM figure through Dec 2025 stood at -$64.1 million (down 24.22% YoY), while the FY2025 annual figure was -$64.1 million, down 24.22% from the prior year.
• EBT fell to -$20.8 million in Q4 2025, from -$7.8 million in the prior quarter.
• Over the last five years, EBT for WKHS reached as high as $29.0 million in Q4 2024 and fell as low as -$156.1 million in Q4 2021.
• The 5-year median for EBT is -$25.7 million (2024), against an average of -$39.0 million.
• Annual changes were most pronounced in 2021 — EBT tumbled 3004.1% — and 2024, when it soared 163.98%.
• A 5-year view of EBT shows it stood at -$156.1 million in 2021, then soared by 75.24% to -$38.7 million in 2022, then declined by 17.37% to -$45.4 million in 2023, then soared by 163.98% to $29.0 million in 2024, then sank by 171.76% to -$20.8 million in 2025.
• According to Business Quant data, EBT over the past three periods registered -$20.8 million, -$7.8 million, and -$14.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.