Workhorse (WKHS) Net Cash Flow (2010 - 2025)

Workhorse has disclosed Net Cash Flow across 16 years of filings, most recently posting -$27.3 million for Q4 2025.

• In Q4 2025, Net Cash Flow fell 178.14% year-over-year to -$27.3 million; the TTM figure through Dec 2025 stood at $6.2 million (up 163.35% YoY), while the FY2025 annual figure was $6.2 million, up 163.35% from the prior year.
• Net Cash Flow slipped to -$27.3 million in Q4 2025, from $13.5 million in the prior quarter.
• Over the last five years, Net Cash Flow for WKHS reached as high as $73.8 million in Q3 2021 and fell as low as -$48.5 million in Q2 2021.
• The 5-year median for Net Cash Flow is -$20.1 million (2022), against an average of -$9.8 million.
• Annual changes were most pronounced in 2021 — Net Cash Flow plunged 617.05% — and 2024, when it surged 1258.34%.
• A 5-year view of Net Cash Flow shows it stood at -$28.8 million in 2021, then grew by 27.57% to -$20.8 million in 2022, then jumped by 85.51% to -$3.0 million in 2023, then surged by 1258.34% to $35.0 million in 2024, then sank by 178.14% to -$27.3 million in 2025.
• According to Business Quant data, Net Cash Flow over the past three periods registered -$27.3 million, $13.5 million, and -$5.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.