Workhorse (WKHS) Net Margin (2011 - 2025)
Workhorse (WKHS) reported 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.
Workhorse (WKHS) Net Margin (2011 - 2025) Analysis & Trends
Workhorse (WKHS) has 13 years of Net Margin data on file, last reported at 166.46% in Q4 2025.
- Net Margin for Q4 2025 came in at 166.46%, down 140015.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 302.14% (up 43023.0% YoY), and the FY2025 annual result was 302.14%, up 43023.0% from the prior year.
- Net Margin improved to 166.46% in Q4 2025 per WKHS's latest filing, from 328.21% in the prior quarter.
- Over five years, Net Margin peaked at 52842.65% in Q4 2021 and troughed at 168540.6% in Q2 2022.
- A 5-year average of 16365.29% and a median of 1298.75% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin slumped 16491436 bps in 2022, then soared 16796029 bps in 2023.
- A 5-year view of Net Margin shows it stood at 52842.65% in 2021, then plunged by 102 bps to 1121.24% in 2022, then increased by 8 bps to 1027.09% in 2023, then soared by 220 bps to 1233.7% in 2024, then slumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,264.49 Bn | 1,219.81 Bn | 4.72 Bn | 2.19% |
| 2 | Toyota Motor | 448.54 Bn | 321.13 Bn | 9.14 Bn | 7.21% |
| 3 | General Motors | 74.80 Bn | 52.42 Bn | 4.32 Bn | 6.64% |
| 4 | Ferrari | 71.95 Bn | 70.15 Bn | 1.09 Bn | 21.07% |
| 5 | Ford Motor | 59.47 Bn | 29.01 Bn | 7.94 Bn | 5.89% |
| 6 | Rivian Automotive | 20.42 Bn | 15.62 Bn | 119.00 Mn | -30.12% |
| 7 | China Yuchai International | 16.65 Bn | 15.59 Bn | 317.01 Mn | 1.46% |
| 8 | VinFast Auto | 7.51 Bn | 10.51 Bn | -15,731.99 Bn | -89.39% |
| 9 | Digital Currency X Technology | 5.68 Bn | 5.68 Bn | - | - |
| 10 | Workhorse | 31.08 Mn | 31.08 Mn | 10.06 Mn | -166.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -166.46% |
| Sep 30, 2025 | -328.21% |
| Jun 30, 2025 | -260.71% |
| 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% |
| Mar 31, 2021 | -23,127.24% |