Workhorse (WKHS) Operating Leases (2021 - 2025)

Workhorse (WKHS) reported 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 5 years of Operating Leases data on file, last reported at $18.8 million in Q4 2025.

  • Operating Leases for Q4 2025 came in at $18.8 million, up 21733.72% year-over-year; the trailing twelve-month figure through Dec 2025 was $18.8 million (up 21733.72% YoY), and the FY2025 annual result was $18.8 million, up 21733.72% from the prior year.
  • Operating Leases slipped to $18.8 million in Q4 2025 per WKHS's latest filing, from $21.8 million in the prior quarter.
  • Over five years, Operating Leases peaked at $21.8 million in Q3 2025 and troughed at $86000.0 in Q4 2024.
  • A 5-year average of $8.0 million and a median of $8.1 million in 2024 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2024 and 2025: Operating Leases slumped 99.03% in 2024, then soared 21733.72% in 2025.
  • 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 tumbled by 99.03% to $86000.0 in 2024, then soared 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 1,264.49 Bn 1,219.81 Bn 4.72 Bn
2 Toyota Motor 448.54 Bn 321.13 Bn 9.14 Bn
3 General Motors 74.80 Bn 52.42 Bn 4.32 Bn
4 Ferrari 71.95 Bn 70.15 Bn 1.09 Bn
5 Ford Motor 59.47 Bn 29.01 Bn 7.94 Bn
6 Rivian Automotive 20.42 Bn 15.62 Bn 119.00 Mn
7 China Yuchai International 16.65 Bn 15.59 Bn 317.01 Mn
8 VinFast Auto 7.51 Bn 10.51 Bn -15,731.99 Bn
9 Digital Currency X Technology 5.68 Bn 5.68 Bn -
10 Workhorse 31.08 Mn 31.08 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