Workhorse (WKHS) Operating Leases (2021 - 2026)
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.
Analysis
Workhorse (WKHS) Operating Leases (2021 - 2026) 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,220.19 Bn | 1,176.66 Bn | 4.75 Bn |
| 2 | Toyota Motor | 260.67 Bn | 126.44 Bn | 12.27 Bn |
| 3 | Honda Motor | 132.03 Bn | 91.89 Bn | 8.46 Bn |
| 4 | Ford Motor | 80.30 Bn | 48.97 Bn | 6.08 Bn |
| 5 | General Motors | 78.14 Bn | 53.43 Bn | 7.33 Bn |
| 6 | Ferrari | 74.46 Bn | 72.70 Bn | 1.18 Bn |
| 7 | Rivian Automotive | 21.09 Bn | 15.78 Bn | 179.00 Mn |
| 8 | Stellantis | 15.86 Bn | -25.59 Bn | 5.55 Bn |
| 9 | Li Auto | 12.16 Bn | -414.16 Mn | 417.98 Mn |
| 10 | Workhorse | 29.79 Mn | 29.79 Mn | -7.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.96 Mn |
| Dec 31, 2025 | 22.39 Mn |
| Sep 30, 2025 | 21.79 Mn |
| Jun 30, 2025 | 5.02 Mn |
| Mar 31, 2025 | 5.45 Mn |
| Dec 31, 2024 | 974,000.00 |
| Sep 30, 2024 | 4.56 Mn |
| Jun 30, 2024 | 8.08 Mn |
| Mar 31, 2024 | 8.46 Mn |
| Dec 31, 2023 | 8.84 Mn |
| Sep 30, 2023 | 9.22 Mn |
| Jun 30, 2023 | 9.56 Mn |
| Mar 31, 2023 | 9.85 Mn |
| Dec 31, 2022 | 10.13 Mn |
| Sep 30, 2022 | 9.84 Mn |
| Jun 30, 2022 | 9.99 Mn |
| Mar 31, 2022 | 7.74 Mn |
| Dec 31, 2021 | 1.55 Mn |