Workhorse (WKHS) EBT (2011 - 2025)
Workhorse (WKHS) reported EBT of -$20.8 million for Q4 2025, down 171.76% year-over-year from $29.0 million in Q4 2024, and down 166.09% quarter-over-quarter from -$7.8 million in Q3 2025.
Workhorse (WKHS) EBT (2011 - 2025) Analysis & Trends
Workhorse (WKHS) has 13 years of EBT data on file, last reported at -$20.8 million in Q4 2025.
- EBT for Q4 2025 came in at -$20.8 million, down 171.76% year-over-year; the trailing twelve-month figure through Dec 2025 was -$64.1 million (down 24.22% YoY), and the FY2025 annual result was -$64.1 million, down 24.22% from the prior year.
- EBT eased to -$20.8 million in Q4 2025 per WKHS's latest filing, from -$7.8 million in the prior quarter.
- Over five years, EBT peaked at $29.0 million in Q4 2024 and troughed at -$156.1 million in Q4 2021.
- A 5-year average of -$39.0 million and a median of -$25.7 million in 2024 frame the typical range for EBT.
- The sharpest annual moves came in 2021 and 2024: EBT sank 3004.1% in 2021, then soared 163.98% in 2024.
- 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 tumbled by 171.76% to -$20.8 million in 2025.
- Business Quant data shows WKHS's EBT at -$20.8 million in Q4 2025, -$7.8 million in Q3 2025, and -$14.8 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,264.49 Bn | 1,219.81 Bn | 4.72 Bn | 748.00 Mn |
| 2 | Toyota Motor | 448.54 Bn | 321.13 Bn | 9.14 Bn | 6.15 Bn |
| 3 | General Motors | 74.80 Bn | 52.42 Bn | 4.32 Bn | 3.35 Bn |
| 4 | Ferrari | 71.95 Bn | 70.15 Bn | 1.09 Bn | 583.19 Mn |
| 5 | Ford Motor | 59.47 Bn | 29.01 Bn | 7.94 Bn | 2.91 Bn |
| 6 | Rivian Automotive | 20.42 Bn | 15.62 Bn | 119.00 Mn | -418.00 Mn |
| 7 | China Yuchai International | 16.65 Bn | 15.59 Bn | 317.01 Mn | 69.61 Mn |
| 8 | VinFast Auto | 7.51 Bn | 10.51 Bn | -15,731.99 Bn | -35,229.20 Bn |
| 9 | Digital Currency X Technology | 5.68 Bn | 5.68 Bn | - | - |
| 10 | Workhorse | 31.08 Mn | 31.08 Mn | 10.06 Mn | -20.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -20.83 Mn |
| Sep 30, 2025 | -7.83 Mn |
| Jun 30, 2025 | -14.78 Mn |
| Mar 31, 2025 | -20.64 Mn |
| Dec 31, 2024 | 29.02 Mn |
| Sep 30, 2024 | -25.14 Mn |
| Jun 30, 2024 | -26.32 Mn |
| Mar 31, 2024 | -29.16 Mn |
| Dec 31, 2023 | -45.37 Mn |
| Sep 30, 2023 | -30.65 Mn |
| Jun 30, 2023 | -23.02 Mn |
| Mar 31, 2023 | -25.00 Mn |
| Dec 31, 2022 | -38.65 Mn |
| Sep 30, 2022 | -35.41 Mn |
| Jun 30, 2022 | -21.16 Mn |
| Mar 31, 2022 | -22.05 Mn |
| Dec 31, 2021 | -156.12 Mn |
| Sep 30, 2021 | -84.03 Mn |
| Jun 30, 2021 | -44.90 Mn |
| Mar 31, 2021 | -138.14 Mn |