Workhorse (WKHS) Notes Payables (2010 - 2025)

Workhorse has disclosed Notes Payables across 12 years of filings, most recently posting $27.1 million for Q3 2025.

• In Q3 2025, Notes Payables rose 105.72% year-over-year to $27.1 million; the TTM figure through Sep 2025 stood at $27.1 million (up 105.72% YoY), while the FY2024 annual figure was $10.5 million, down 48.01% from the prior year.
• Notes Payables fell to $27.1 million in Q3 2025, from $39.5 million in the prior quarter.
• Over the last five years, Notes Payables for WKHS reached as high as $45.2 million in Q1 2025 and fell as low as $7.9 million in Q1 2024.
• The 3-year median for Notes Payables is $16.7 million (2023), against an average of $21.7 million.
• Annual changes were most pronounced in 2024 — Notes Payables sank 48.01% — and 2025, when it jumped 474.6%.
• A 3-year view of Notes Payables shows it stood at $20.2 million in 2023, then slumped by 48.01% to $10.5 million in 2024, then jumped by 158.48% to $27.1 million in 2025.
• According to Business Quant data, Notes Payables over the past three periods registered $27.1 million, $39.5 million, and $45.2 million for Q3 2025, Q2 2025, and Q1 2025 respectively.