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| Date | Value |
|---|---|
| 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 |