Workhorse (WKHS) Net Income towards Common Stockholders (2011 - 2025)
Workhorse (WKHS) posted quarterly Net Income towards Common Stockholders of -$20.8 million for Q4 2025, down 171.78% YoY from $29.0 million in Q4 2024, and down 166.14% sequentially from -$7.8 million in Q3 2025.
Workhorse (WKHS) Net Income towards Common Stockholders (2011 - 2025) Analysis & Trends
Workhorse has disclosed Net Income towards Common Stockholders across 13 years of filings, most recently posting -$20.8 million for Q4 2025.
- In Q4 2025, Net Income towards Common Stockholders 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 towards Common Stockholders eased to -$20.8 million in Q4 2025, from -$7.8 million in the prior quarter.
- Over the last five years, Net Income towards Common Stockholders for WKHS reached as high as $29.0 million in Q4 2024 and fell as low as -$156.1 million in Q4 2021.
- The 5-year median for Net Income towards Common Stockholders is -$25.7 million (2024), against an average of -$37.9 million.
- Annual changes were most pronounced in 2021 — Net Income towards Common Stockholders plunged 2633.42% — and 2024, when it soared 164.13%.
- A 5-year view of Net Income towards Common Stockholders shows it stood at -$156.1 million in 2021, then soared by 75.24% to -$38.7 million in 2022, then slipped by 17.08% to -$45.3 million in 2023, then soared by 164.13% to $29.0 million in 2024, then slumped by 171.78% to -$20.8 million in 2025.
- According to Business Quant data, Net Income towards Common Stockholders over the past three periods registered -$20.8 million, -$7.8 million, and -$14.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 491.00 Mn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 2.55 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 2.61 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | -258.64 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | -416.00 Mn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -331.91 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | -71.91 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -11,994.00 |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -1.13 Bn |
| 10 | Workhorse | 27.86 Mn | 27.86 Mn | 10.06 Mn | -20.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -20.83 Mn |
| Sep 30, 2025 | -7.83 Mn |
| Jun 30, 2025 | -14.78 Mn |
| Mar 31, 2025 | -20.64 Mn |
| Dec 31, 2024 | 29.02 Mn |
| Sep 30, 2024 | -25.14 Mn |
| Jun 30, 2024 | -26.32 Mn |
| Mar 31, 2024 | -29.16 Mn |
| Dec 31, 2023 | -45.26 Mn |
| Sep 30, 2023 | -30.65 Mn |
| Jun 30, 2023 | -23.02 Mn |
| Mar 31, 2023 | -25.00 Mn |
| Dec 31, 2022 | -38.65 Mn |
| Sep 30, 2022 | -35.41 Mn |
| Jun 30, 2022 | -21.16 Mn |
| Mar 31, 2022 | -22.05 Mn |
| Dec 31, 2021 | -156.10 Mn |
| Sep 30, 2021 | -81.12 Mn |
| Jun 30, 2021 | -43.62 Mn |
| Mar 31, 2021 | -120.51 Mn |