Workhorse (WKHS) Equity Average (2011 - 2025)

Workhorse (WKHS) posted quarterly Equity Average of $37.6 million for Q4 2025, up 1066.72% YoY from $3.2 million in Q4 2024, and up 38.03% sequentially from $27.2 million in Q3 2025.

Workhorse (WKHS) Equity Average (2011 - 2025) Analysis & Trends

Workhorse has disclosed Equity Average across 15 years of filings, most recently posting $37.6 million for Q4 2025.

  • In Q4 2025, Equity Average rose 1066.72% year-over-year to $37.6 million; the TTM figure through Dec 2025 stood at $37.6 million (up 1066.72% YoY), while the FY2025 annual figure was $1.1 million, up 102.3% from the prior year.
  • Equity Average improved to $37.6 million in Q4 2025, from $27.2 million in the prior quarter.
  • Over the last five years, Equity Average for WKHS reached as high as $335.4 million in Q1 2021 and fell as low as -$4.7 million in Q1 2025.
  • The 5-year median for Equity Average is $106.4 million (2023), against an average of $104.0 million.
  • Annual changes were most pronounced in 2021 — Equity Average jumped 1278.72% — and 2025, when it sank 179.99%.
  • A 5-year view of Equity Average shows it stood at $157.8 million in 2021, then dropped by 24.01% to $119.9 million in 2022, then slumped by 76.18% to $28.6 million in 2023, then tumbled by 88.73% to $3.2 million in 2024, then jumped by 1066.72% to $37.6 million in 2025.
  • According to Business Quant data, Equity Average over the past three periods registered $37.6 million, $27.2 million, and $26.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 83.44 Bn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 36.70 Bn
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 62.91 Bn
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn -
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn 4.51 Bn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn -
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -182,705.43 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn 182.96 Mn
10 Workhorse 27.86 Mn 27.86 Mn 10.06 Mn 37.56 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 37.56 Mn
Sep 30, 2025 27.21 Mn
Jun 30, 2025 26.87 Mn
Mar 31, 2025 -4.71 Mn
Dec 31, 2024 3.22 Mn
Sep 30, 2024 52.95 Mn
Jun 30, 2024 63.03 Mn
Mar 31, 2024 5.89 Mn
Dec 31, 2023 28.57 Mn
Sep 30, 2023 110.08 Mn
Jun 30, 2023 106.10 Mn
Mar 31, 2023 106.70 Mn
Dec 31, 2022 119.93 Mn
Sep 30, 2022 147.55 Mn
Jun 30, 2022 160.01 Mn
Mar 31, 2022 165.44 Mn
Dec 31, 2021 157.81 Mn
Sep 30, 2021 181.89 Mn
Jun 30, 2021 249.22 Mn
Mar 31, 2021 335.40 Mn