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Workhorse (WKHS) Operating Expenses (2016 - 2025)

Workhorse has reported Operating Expenses over the past 16 years, most recently at $13.6 million for Q4 2025.

  • Quarterly results put Operating Expenses at $13.6 million for Q4 2025, up 308.64% from a year ago — trailing twelve months through Dec 2025 was $37.9 million (up 7.68% YoY), and the annual figure for FY2025 was $37.9 million, up 7.68%.
  • Operating Expenses for Q4 2025 was $13.6 million at Workhorse, up from $8.8 million in the prior quarter.
  • Over the last five years, Operating Expenses for WKHS hit a ceiling of $40.9 million in Q3 2022 and a floor of -$6.5 million in Q4 2024.
  • Median Operating Expenses over the past 5 years was $15.0 million (2022), compared with a mean of $15.1 million.
  • Biggest five-year swings in Operating Expenses: plummeted 130.34% in 2024 and later soared 308.64% in 2025.
  • Workhorse's Operating Expenses stood at $18.5 million in 2021, then increased by 16.55% to $21.6 million in 2022, then fell by 0.17% to $21.5 million in 2023, then plummeted by 130.34% to -$6.5 million in 2024, then soared by 308.64% to $13.6 million in 2025.
  • The last three reported values for Operating Expenses were $13.6 million (Q4 2025), $8.8 million (Q3 2025), and $7.1 million (Q2 2025) per Business Quant data.