Workhorse (WKHS) Net Income (2015 - 2026)

Workhorse (WKHS) has reported Net Income for 11 consecutive years, with -$20.8 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Net Income fell 171.78% year-over-year to -$20.8 million; the TTM figure through Dec 2025 stood at -$64.1 million (down 24.23% YoY), while the FY2025 annual figure was -$64.1 million, down 24.23% from the prior year.
• Net Income declined to -$20.8 million in Q4 2025 per WKHS's latest filing, from -$7.8 million in the prior quarter.
• Across five years, Net Income topped out at $29.0 million in Q4 2024 and bottomed at -$156.1 million in Q4 2021.
• Historically, Net Income has averaged -$37.9 million across 5 years, with a median of -$25.7 million in 2024.
• Annual changes were most pronounced in 2021 — Net Income slumped 2633.42% — and 2024, when it soared 164.13%.
• Workhorse's Net Income stood at -$156.1 million in 2021, then jumped by 75.24% to -$38.7 million in 2022, then dropped by 17.08% to -$45.3 million in 2023, then jumped by 164.13% to $29.0 million in 2024, then sank by 171.78% to -$20.8 million in 2025.
• Business Quant data shows WKHS's Net Income at -$20.8 million in Q4 2025, -$7.8 million in Q3 2025, and -$14.8 million in Q2 2025.