Workhorse (WKHS) Operating Expenses (2010 - 2025)

Workhorse (WKHS) has 16 years of Operating Expenses data on file, last reported at $13.6 million in Q4 2025.

• Operating Expenses for Q4 2025 came in at $13.6 million, up 308.64% year-over-year; the trailing twelve-month figure through Dec 2025 was $37.9 million (up 7.68% YoY), and the FY2025 annual result was $37.9 million, up 7.68% from the prior year.
• Operating Expenses advanced to $13.6 million in Q4 2025 per WKHS's latest filing, from $8.8 million in the prior quarter.
• Over five years, Operating Expenses peaked at $40.9 million in Q3 2022 and troughed at -$6.5 million in Q4 2024.
• A 5-year average of $15.1 million and a median of $15.0 million in 2022 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses slumped 130.34% in 2024, then soared 308.64% in 2025.
• A 5-year view of Operating Expenses shows it stood at $18.5 million in 2021, then advanced by 16.55% to $21.6 million in 2022, then fell by 0.17% to $21.5 million in 2023, then tumbled by 130.34% to -$6.5 million in 2024, then soared by 308.64% to $13.6 million in 2025.
• Business Quant data shows WKHS's Operating Expenses at $13.6 million in Q4 2025, $8.8 million in Q3 2025, and $7.1 million in Q2 2025.