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Workhorse (WKHS) Operating Expenses (2016 - 2025)

Workhorse (WKHS) has disclosed Operating Expenses for 16 consecutive years, with $8.8 million as the latest value for Q3 2025.

  • On a quarterly basis, Operating Expenses fell 11.83% to $8.8 million in Q3 2025 year-over-year; TTM through Sep 2025 was $34.2 million, a 45.94% decrease, with the full-year FY2024 number at $51.7 million, down 35.46% from a year prior.
  • Operating Expenses was $8.8 million for Q3 2025 at Workhorse, up from $7.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $40.9 million in Q3 2022 to a low of $7.1 million in Q2 2025.
  • A 5-year average of $16.0 million and a median of $15.9 million in 2022 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: surged 205.51% in 2022, then crashed 57.12% in 2023.
  • Workhorse's Operating Expenses stood at $18.5 million in 2021, then rose by 16.55% to $21.6 million in 2022, then dropped by 0.17% to $21.5 million in 2023, then tumbled by 53.83% to $9.9 million in 2024, then decreased by 11.01% to $8.8 million in 2025.
  • Per Business Quant, the three most recent readings for WKHS's Operating Expenses are $8.8 million (Q3 2025), $7.1 million (Q2 2025), and $8.3 million (Q1 2025).