Workhorse (WKHS) Operating Leases (2021 - 2025)
Workhorse (WKHS) posted quarterly Operating Leases of $18.8 million for Q4 2025, up 21733.72% year-over-year from N/an in Q4 2024, and down 13.85% quarter-over-quarter from $21.8 million in Q3 2025.
Workhorse (WKHS) Operating Leases (2021 - 2025) Analysis & Trends
Workhorse (WKHS) has reported Operating Leases for 5 consecutive years, with $18.8 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Leases rose 21733.72% year-over-year to $18.8 million; the TTM figure through Dec 2025 stood at $18.8 million (up 21733.72% YoY), while the FY2025 annual figure was $18.8 million, up 21733.72% from the prior year.
- Operating Leases fell to $18.8 million in Q4 2025 per WKHS's latest filing, from $21.8 million in the prior quarter.
- Across five years, Operating Leases topped out at $21.8 million in Q3 2025 and bottomed at $86000.0 in Q4 2024.
- Historically, Operating Leases has averaged $7.8 million across 5 years, with a median of $6.8 million in 2022.
- Annual changes were most pronounced in 2024 — Operating Leases sank 98.37% — and 2025, when it soared 21733.72%.
- Workhorse's Operating Leases stood at $1.2 million in 2021, then surged by 750.1% to $10.1 million in 2022, then tumbled by 47.85% to $5.3 million in 2023, then tumbled by 98.37% to $86000.0 in 2024, then jumped by 21733.72% to $18.8 million in 2025.
- Business Quant data shows WKHS's Operating Leases at $18.8 million in Q4 2025, $21.8 million in Q3 2025, and $5.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn |
| 10 | Workhorse | 31.36 Mn | 18.46 Mn | 10.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 18.78 Mn |
| Sep 30, 2025 | 21.79 Mn |
| Jun 30, 2025 | 5.02 Mn |
| Mar 31, 2025 | 3.70 Mn |
| Dec 31, 2024 | 86,000.00 |
| Sep 30, 2024 | 4.56 Mn |
| Jun 30, 2024 | 5.05 Mn |
| Mar 31, 2024 | 5.05 Mn |
| Dec 31, 2023 | 5.28 Mn |
| Sep 30, 2023 | 7.66 Mn |
| Jun 30, 2023 | 9.56 Mn |
| Mar 31, 2023 | 8.46 Mn |
| Dec 31, 2022 | 10.13 Mn |
| Sep 30, 2022 | 8.74 Mn |
| Jun 30, 2022 | 9.99 Mn |
| Mar 31, 2022 | 6.76 Mn |
| Dec 31, 2021 | 1.19 Mn |