Workhorse (WKHS) Operating Leases (2021 - 2025)
Workhorse (WKHS) posted quarterly Operating Leases of $18.8 million for Q4 2025, up 21733.72% YoY from N/an in Q4 2024, and down 13.85% sequentially from $21.8 million in Q3 2025.
Workhorse (WKHS) Operating Leases (2021 - 2025) Analysis & Trends
Workhorse has disclosed Operating Leases across 5 years of filings, most recently posting $18.8 million for 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 declined to $18.8 million in Q4 2025, from $21.8 million in the prior quarter.
- Over the last five years, Operating Leases for WKHS reached as high as $21.8 million in Q3 2025 and fell as low as $86000.0 in Q4 2024.
- The 5-year median for Operating Leases is $8.1 million (2024), against an average of $8.0 million.
- Annual changes were most pronounced in 2024 — Operating Leases plunged 99.03% — and 2025, when it soared 21733.72%.
- A 5-year view of Operating Leases shows it stood at $1.2 million in 2021, then surged by 642.21% to $8.8 million in 2022, then increased by 0.01% to $8.8 million in 2023, then sank by 99.03% to $86000.0 in 2024, then soared by 21733.72% to $18.8 million in 2025.
- According to Business Quant data, Operating Leases over the past three periods registered $18.8 million, $21.8 million, and $5.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn |
| 10 | Workhorse | 27.86 Mn | 27.86 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 | 8.08 Mn |
| Mar 31, 2024 | 5.05 Mn |
| Dec 31, 2023 | 8.84 Mn |
| Sep 30, 2023 | 7.66 Mn |
| Jun 30, 2023 | 9.56 Mn |
| Mar 31, 2023 | 8.46 Mn |
| Dec 31, 2022 | 8.84 Mn |
| Sep 30, 2022 | 8.74 Mn |
| Jun 30, 2022 | 8.94 Mn |
| Mar 31, 2022 | 6.76 Mn |
| Dec 31, 2021 | 1.19 Mn |