Workhorse (WKHS) Free Cash Flow (2010 - 2025)
Workhorse (WKHS) posted quarterly Free Cash Flow of -$11.1 million for Q4 2025, down 1007.03% year-over-year from $1.2 million in Q4 2024, and down 1.15% quarter-over-quarter from -$11.0 million in Q3 2025.
Workhorse (WKHS) Free Cash Flow (2010 - 2025) Analysis & Trends
Workhorse (WKHS) has reported Free Cash Flow for 16 consecutive years, with -$11.1 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Free Cash Flow fell 1007.03% year-over-year to -$11.1 million; the TTM figure through Dec 2025 stood at -$36.2 million (up 15.75% YoY), while the FY2025 annual figure was -$36.2 million, up 15.75% from the prior year.
- Free Cash Flow slipped to -$11.1 million in Q4 2025 per WKHS's latest filing, from -$11.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $1.2 million in Q4 2024 and bottomed at -$48.4 million in Q2 2021.
- Historically, Free Cash Flow has averaged -$23.5 million across 5 years, with a median of -$25.4 million in 2021.
- Annual changes were most pronounced in 2024 — Free Cash Flow jumped 104.14% — and 2025, when it sank 1007.03%.
- Workhorse's Free Cash Flow stood at -$24.0 million in 2021, then plunged by 48.2% to -$35.6 million in 2022, then climbed by 16.81% to -$29.6 million in 2023, then jumped by 104.14% to $1.2 million in 2024, then tumbled by 1007.03% to -$11.1 million in 2025.
- Business Quant data shows WKHS's Free Cash Flow at -$11.1 million in Q4 2025, -$11.0 million in Q3 2025, and -$5.8 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn | -1.09 Bn |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn | 3.81 Bn |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn | -3.44 Bn |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn | 1.96 Bn |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn | -10.13 Bn |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn | -692.07 Mn |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn | - |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn | -687.00 Mn |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn | -1.29 Bn |
| 10 | Workhorse | 31.36 Mn | 18.46 Mn | 10.06 Mn | -11.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -11.14 Mn |
| Dec 31, 2025 | -11.14 Mn |
| Sep 30, 2025 | -11.01 Mn |
| Sep 30, 2025 | -11.01 Mn |
| Jun 30, 2025 | -5.78 Mn |
| Jun 30, 2025 | -5.78 Mn |
| Mar 31, 2025 | -8.22 Mn |
| Mar 31, 2025 | -8.22 Mn |
| Dec 31, 2024 | 1.23 Mn |
| Dec 31, 2024 | 1.23 Mn |
| Sep 30, 2024 | -10.32 Mn |
| Sep 30, 2024 | -10.32 Mn |
| Jun 30, 2024 | -12.83 Mn |
| Jun 30, 2024 | -12.83 Mn |
| Mar 31, 2024 | -20.99 Mn |
| Mar 31, 2024 | -20.99 Mn |
| Dec 31, 2023 | -29.64 Mn |
| Dec 31, 2023 | -29.64 Mn |
| Sep 30, 2023 | -35.80 Mn |
| Sep 30, 2023 | -35.80 Mn |