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
DateValue
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