Workhorse (WKHS) Gross Profit (2011 - 2025)

Workhorse (WKHS) posted quarterly Gross Profit of $10.1 million for Q4 2025, down 4.65% YoY from $10.5 million in Q4 2024, and up 230.5% sequentially from -$7.7 million in Q3 2025.

Workhorse (WKHS) Gross Profit (2011 - 2025) Analysis & Trends

Workhorse has disclosed Gross Profit across 13 years of filings, most recently posting $10.1 million for Q4 2025.

  • In Q4 2025, Gross Profit fell 4.65% year-over-year to $10.1 million; the TTM figure through Dec 2025 stood at -$9.6 million (down 55.47% YoY), while the FY2025 annual figure was -$9.6 million, down 55.47% from the prior year.
  • Gross Profit improved to $10.1 million in Q4 2025, from -$7.7 million in the prior quarter.
  • Over the last five years, Gross Profit for WKHS reached as high as $10.5 million in Q4 2024 and fell as low as -$101.9 million in Q4 2021.
  • The 5-year median for Gross Profit is -$5.9 million (2021), against an average of -$10.3 million.
  • Annual changes were most pronounced in 2021 — Gross Profit sank 1507.34% — and 2024, when it soared 177.39%.
  • A 5-year view of Gross Profit shows it stood at -$101.9 million in 2021, then jumped by 82.57% to -$17.8 million in 2022, then grew by 23.27% to -$13.6 million in 2023, then surged by 177.39% to $10.5 million in 2024, then retreated by 4.65% to $10.1 million in 2025.
  • According to Business Quant data, Gross Profit over the past three periods registered $10.1 million, -$7.7 million, and -$7.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn
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
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn
10 Workhorse 27.86 Mn 27.86 Mn 10.06 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 10.06 Mn
Dec 31, 2025 10.06 Mn
Sep 30, 2025 -7.71 Mn
Sep 30, 2025 -7.71 Mn
Jun 30, 2025 -7.38 Mn
Jun 30, 2025 -7.38 Mn
Mar 31, 2025 -4.52 Mn
Mar 31, 2025 -4.52 Mn
Dec 31, 2024 10.55 Mn
Dec 31, 2024 10.55 Mn
Sep 30, 2024 -4.13 Mn
Sep 30, 2024 -4.13 Mn
Jun 30, 2024 -6.46 Mn
Jun 30, 2024 -6.46 Mn
Mar 31, 2024 -6.10 Mn
Mar 31, 2024 -6.10 Mn
Dec 31, 2023 -13.63 Mn
Dec 31, 2023 -13.63 Mn
Sep 30, 2023 -3.53 Mn
Sep 30, 2023 -3.53 Mn