Workhorse (WKHS) Notes Payables (2010 - 2025)
Workhorse (WKHS) reported Notes Payables of $27.1 million for Q3 2025, up 105.72% year-over-year from $13.2 million in Q3 2024, and down 31.38% quarter-over-quarter from $39.5 million in Q2 2025.
Workhorse (WKHS) Notes Payables (2010 - 2025) Analysis & Trends
Workhorse (WKHS) has 12 years of Notes Payables data on file, last reported at $27.1 million in Q3 2025.
- Notes Payables for Q3 2025 came in at $27.1 million, up 105.72% year-over-year; the trailing twelve-month figure through Sep 2025 was $27.1 million (up 105.72% YoY), and the FY2024 annual result was $10.5 million, down 48.01% from the prior year.
- Notes Payables eased to $27.1 million in Q3 2025 per WKHS's latest filing, from $39.5 million in the prior quarter.
- Over five years, Notes Payables peaked at $45.2 million in Q1 2025 and troughed at $7.9 million in Q1 2024.
- A 3-year average of $21.7 million and a median of $16.7 million in 2023 frame the typical range for Notes Payables.
- The sharpest annual moves came in 2024 and 2025: Notes Payables tumbled 48.01% in 2024, then jumped 474.6% in 2025.
- A 3-year view of Notes Payables shows it stood at $20.2 million in 2023, then plunged by 48.01% to $10.5 million in 2024, then jumped by 158.48% to $27.1 million in 2025.
- Business Quant data shows WKHS's Notes Payables at $27.1 million in Q3 2025, $39.5 million in Q2 2025, and $45.2 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,264.49 Bn | 1,219.81 Bn | 4.72 Bn |
| 2 | Toyota Motor | 448.54 Bn | 321.13 Bn | 9.14 Bn |
| 3 | General Motors | 74.80 Bn | 52.42 Bn | 4.32 Bn |
| 4 | Ferrari | 71.95 Bn | 70.15 Bn | 1.09 Bn |
| 5 | Ford Motor | 59.47 Bn | 29.01 Bn | 7.94 Bn |
| 6 | Rivian Automotive | 20.42 Bn | 15.62 Bn | 119.00 Mn |
| 7 | China Yuchai International | 16.65 Bn | 15.59 Bn | 317.01 Mn |
| 8 | VinFast Auto | 7.51 Bn | 10.51 Bn | -15,731.99 Bn |
| 9 | Digital Currency X Technology | 5.68 Bn | 5.68 Bn | - |
| 10 | Workhorse | 31.08 Mn | 31.08 Mn | 10.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 27.12 Mn |
| Jun 30, 2025 | 39.52 Mn |
| Mar 31, 2025 | 45.24 Mn |
| Dec 31, 2024 | 10.49 Mn |
| Sep 30, 2024 | 13.18 Mn |
| Jun 30, 2024 | 9.65 Mn |
| Mar 31, 2024 | 7.87 Mn |
| Dec 31, 2023 | 20.18 Mn |
| Dec 31, 2018 | 406,000.00 |
| Sep 30, 2018 | 364,000.00 |
| Jun 30, 2018 | 320,000.00 |
| Mar 31, 2018 | 267,000.00 |
| Dec 31, 2017 | 54,405.00 |
| Dec 31, 2016 | 13.53 Mn |
| Sep 30, 2016 | 13.53 Mn |
| Jun 30, 2016 | 13.53 Mn |
| Dec 31, 2015 | 13.53 Mn |
| Sep 30, 2015 | 780,000.00 |
| Jun 30, 2015 | 460,000.00 |
| Mar 31, 2015 | 200,000.00 |