Workhorse (WKHS) Net Margin (2015 - 2026)
Workhorse (WKHS) posted quarterly Net Margin of 166.46% for Q4 2025, down 140015.0% year-over-year from N/an in Q4 2024, and up 49.28% quarter-over-quarter from 328.21% in Q3 2025.
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Workhorse (WKHS) Net Margin (2015 - 2026) Analysis & Trends
Workhorse (WKHS) has reported Net Margin for 11 consecutive years, with 166.46% the latest figure, recorded in Q4 2025.
- In Q4 2025, Net Margin fell 140015.0% year-over-year to 166.46%; the TTM figure through Dec 2025 stood at 302.14% (up 43023.0% YoY), while the FY2025 annual figure was 302.14%, up 43023.0% from the prior year.
- Net Margin advanced to 166.46% in Q4 2025 per WKHS's latest filing, from 328.21% in the prior quarter.
- Across five years, Net Margin topped out at 52842.65% in Q4 2021 and bottomed at 168540.6% in Q2 2022.
- Historically, Net Margin has averaged 16365.29% across 5 years, with a median of 1298.75% in 2022.
- Annual changes were most pronounced in 2022 — Net Margin slumped 16491436 bps — and 2023, when it soared 16796029 bps.
- Workhorse's Net Margin stood at 52842.65% in 2021, then sank by 102 bps to 1121.24% in 2022, then rose by 8 bps to 1027.09% in 2023, then jumped by 220 bps to 1233.7% in 2024, then tumbled by 113 bps to 166.46% in 2025.
- Business Quant data shows WKHS's Net Margin at 166.46% in Q4 2025, 328.21% in Q3 2025, and 260.71% in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,226.25 Bn | 1,182.72 Bn | 4.75 Bn | 3.99% |
| 2 | Toyota Motor | 255.99 Bn | 127.54 Bn | 12.27 Bn | 12.16% |
| 3 | Honda Motor | 131.67 Bn | 91.53 Bn | 8.46 Bn | 7.44% |
| 4 | Ford Motor | 80.48 Bn | 49.15 Bn | 6.08 Bn | -2.75% |
| 5 | General Motors | 77.11 Bn | 52.39 Bn | 7.33 Bn | 2.68% |
| 6 | Ferrari | 73.85 Bn | 72.10 Bn | 1.18 Bn | 23.85% |
| 7 | Rivian Automotive | 20.88 Bn | 15.57 Bn | 179.00 Mn | -50.24% |
| 8 | Stellantis | 15.43 Bn | -26.03 Bn | 5.55 Bn | 0.61% |
| 9 | Li Auto | 12.03 Bn | -540.10 Mn | 417.98 Mn | -7.71% |
| 10 | Workhorse | 30.79 Mn | 30.79 Mn | -7.47 Mn | -566.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -566.28% |
| Dec 31, 2025 | -166.52% |
| Sep 30, 2025 | -328.21% |
| Jun 30, 2025 | -1,712.93% |
| Mar 31, 2025 | -3,221.01% |
| Dec 31, 2024 | 1,233.70% |
| Sep 30, 2024 | -1,001.53% |
| Jun 30, 2024 | -3,124.26% |
| Mar 31, 2024 | -2,176.95% |
| Dec 31, 2023 | -1,027.09% |
| Sep 30, 2023 | -1,011.90% |
| Jun 30, 2023 | -580.31% |
| Mar 31, 2023 | -1,476.25% |
| Dec 31, 2022 | -1,121.24% |
| Sep 30, 2022 | -2,286.00% |
| Jun 30, 2022 | -168,540.60% |
| Mar 31, 2022 | -154,238.30% |
| Dec 31, 2021 | 52,842.65% |
| Sep 30, 2021 | -14,067.83% |
| Jun 30, 2021 | -3,626.23% |