Workhorse (WKHS) Gross Margin (2011 - 2025)
Workhorse (WKHS) reported Gross Margin of 80.37% for Q4 2025, down 36805.0% year-over-year from N/an in Q4 2024, and up 124.87% quarter-over-quarter from 323.17% in Q3 2025.
Workhorse (WKHS) Gross Margin (2011 - 2025) Analysis & Trends
Workhorse (WKHS) has 13 years of Gross Margin data on file, last reported at 80.37% in Q4 2025.
- Gross Margin for Q4 2025 came in at 80.37%, down 36805.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 45.05% (up 4220.0% YoY), and the FY2025 annual result was 45.05%, up 4220.0% from the prior year.
- Gross Margin rose to 80.37% in Q4 2025 per WKHS's latest filing, from 323.17% in the prior quarter.
- Over five years, Gross Margin peaked at 34501.22% in Q4 2021 and troughed at 27337.94% in Q1 2022.
- A 5-year average of 1246.02% and a median of 389.45% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2021 and 2022: Gross Margin jumped 3547440 bps in 2021, then plunged 3501656 bps in 2022.
- A 5-year view of Gross Margin shows it stood at 34501.22% in 2021, then tumbled by 101 bps to 515.34% in 2022, then soared by 40 bps to 309.36% in 2023, then surged by 245 bps to 448.42% in 2024, then sank by 82 bps to 80.37% in 2025.
- Business Quant data shows WKHS's Gross Margin at 80.37% in Q4 2025, 323.17% in Q3 2025, and 130.2% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,297.09 Bn | 1,252.41 Bn | 4.72 Bn | 21.08% |
| 2 | Toyota Motor | 440.56 Bn | 289.71 Bn | 39.87 Bn | 38.72% |
| 3 | Ferrari | 75.26 Bn | 73.46 Bn | 1.09 Bn | 51.89% |
| 4 | General Motors | 72.40 Bn | 50.02 Bn | 4.32 Bn | 10.98% |
| 5 | Ford Motor | 56.05 Bn | 25.60 Bn | 7.94 Bn | 18.36% |
| 6 | Rivian Automotive | 20.65 Bn | 15.84 Bn | 119.00 Mn | 8.62% |
| 7 | China Yuchai International | 14.25 Bn | 13.19 Bn | 317.01 Mn | 18.91% |
| 8 | VinFast Auto | 7.11 Bn | 10.11 Bn | -15,731.99 Bn | -39.92% |
| 9 | Digital Currency X Technology | 4.89 Bn | 4.89 Bn | - | - |
| 10 | Workhorse | 28.85 Mn | 28.85 Mn | 10.06 Mn | 80.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 80.37% |
| Sep 30, 2025 | -323.17% |
| Jun 30, 2025 | -130.20% |
| Mar 31, 2025 | -705.83% |
| Dec 31, 2024 | 448.42% |
| Sep 30, 2024 | -164.67% |
| Jun 30, 2024 | -766.69% |
| Mar 31, 2024 | -455.72% |
| Dec 31, 2023 | -309.36% |
| Sep 30, 2023 | -116.52% |
| Jun 30, 2023 | -112.47% |
| Mar 31, 2023 | -214.64% |
| Dec 31, 2022 | -515.34% |
| Sep 30, 2022 | -514.38% |
| Jun 30, 2022 | -23,955.79% |
| Mar 31, 2022 | -27,337.94% |
| Dec 31, 2021 | 34,501.22% |
| Sep 30, 2021 | -2,102.97% |
| Jun 30, 2021 | -1,130.06% |
| Mar 31, 2021 | -1,094.74% |