Workhorse (WKHS) Notes Payables (2012 - 2025)
Workhorse (WKHS) reported Notes Payables of $27.12 million for Q3 2025, up 105.7% from $13.18 million a year earlier but down 31.4% from the prior quarter.
Workhorse (WKHS) Notes Payables (2012 - 2025) Analysis & Trends
At the end of FY2024, Workhorse posted Notes Payables of $10.49 million, down 48.0% from FY2023.
- By year, Notes Payables came in at $20.18 million in FY2023.
- Five-year quarterly Notes Payables spans a low of $7.87 million in Q1 2024 and a high of $45.24 million in Q1 2025.
- Year over year, Notes Payables has now increased in each of the last three quarters, with growth averaging 210.5% over the last four quarters.
- Per Business Quant data, the three quarters before Q3 2025 came in at $39.52 million (Q2 2025), $45.24 million (Q1 2025) and $10.49 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,157.07 Bn | 991.62 Bn | 4.75 Bn |
| 2 | Toyota Motor | 254.94 Bn | -151.80 Bn | 20.95 Bn |
| 3 | Ferrari | 147.58 Bn | 140.03 Bn | 1.18 Bn |
| 4 | Honda Motor | 147.32 Bn | 14.70 Bn | 8.46 Bn |
| 5 | General Motors | 70.77 Bn | -34.10 Bn | 7.33 Bn |
| 6 | Ford Motor | 48.49 Bn | -93.97 Bn | 6.08 Bn |
| 7 | Rivian Automotive | 20.14 Bn | -3.15 Bn | 179.00 Mn |
| 8 | Magna International | 18.12 Bn | 15.68 Bn | 1.61 Bn |
| 9 | Stellantis | 13.39 Bn | -152.61 Bn | 5.55 Bn |
| 10 | Workhorse | 28.13 Mn | 28.13 Mn | -7.47 Mn |
Historic 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 |
| Jun 30, 2018 | 5.75 Mn |
| Dec 31, 2017 | 4.76 Mn |
| Dec 31, 2015 | 13.53 Mn |
| Sep 30, 2015 | 780,000.00 |
| Jun 30, 2015 | 460,000.00 |
| Dec 31, 2014 | 1.24 Mn |
| Sep 30, 2012 | 1.90 Mn |
| Jun 30, 2012 | 1.38 Mn |
| Mar 31, 2012 | 825,574.00 |
Workhorse Notes Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=notes-payables&ticker=WKHS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "ticker": "WKHS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=notes-payables&ticker=WKHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();