Workhorse (WKHS) Invested Capital (2010 - 2025)

Workhorse has disclosed Invested Capital across 16 years of filings, most recently posting $43.0 million for Q4 2025.

• In Q4 2025, Invested Capital rose 206.88% year-over-year to $43.0 million; the TTM figure through Dec 2025 stood at $43.0 million (up 206.88% YoY), while the FY2025 annual figure was $43.0 million, up 206.88% from the prior year.
• Invested Capital rose to $43.0 million in Q4 2025, from $32.1 million in the prior quarter.
• Over the last five years, Invested Capital for WKHS reached as high as $275.6 million in Q1 2021 and fell as low as -$53.1 million in Q4 2023.
• The 5-year median for Invested Capital is $106.1 million (2023), against an average of $95.4 million.
• Annual changes were most pronounced in 2021 — Invested Capital soared 15105.99% — and 2023, when it tumbled 148.89%.
• A 5-year view of Invested Capital shows it stood at $174.7 million in 2021, then tumbled by 37.84% to $108.6 million in 2022, then plunged by 148.89% to -$53.1 million in 2023, then rose by 24.14% to -$40.3 million in 2024, then soared by 206.88% to $43.0 million in 2025.
• According to Business Quant data, Invested Capital over the past three periods registered $43.0 million, $32.1 million, and $22.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.