Workhorse (WKHS) Gross Profit (2015 - 2025)
Workhorse (WKHS) posted quarterly Gross Profit of $10.1 million for Q4 2025, down 4.65% year-over-year from $10.5 million in Q4 2024, and up 230.5% quarter-over-quarter from -$7.7 million in Q3 2025.
Workhorse (WKHS) Gross Profit (2015 - 2025) Analysis & Trends
Workhorse (WKHS) has reported Gross Profit for 11 consecutive years, with $10.1 million the latest figure, recorded in 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 rose to $10.1 million in Q4 2025 per WKHS's latest filing, from -$7.7 million in the prior quarter.
- Across five years, Gross Profit topped out at $10.5 million in Q4 2024 and bottomed at -$101.9 million in Q4 2021.
- Historically, Gross Profit has averaged -$10.3 million across 5 years, with a median of -$5.9 million in 2021.
- Annual changes were most pronounced in 2021 — Gross Profit tumbled 1507.34% — and 2024, when it soared 177.39%.
- Workhorse's Gross Profit stood at -$101.9 million in 2021, then surged by 82.57% to -$17.8 million in 2022, then increased by 23.27% to -$13.6 million in 2023, then soared by 177.39% to $10.5 million in 2024, then decreased by 4.65% to $10.1 million in 2025.
- Business Quant data shows WKHS's Gross Profit at $10.1 million in Q4 2025, -$7.7 million in Q3 2025, and -$7.4 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn |
| 10 | Workhorse | 31.36 Mn | 18.46 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 |