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Workhorse (WKHS) Research & Development (2016 - 2025)

Workhorse (WKHS) has disclosed Research & Development for 16 consecutive years, with $1.1 million as the latest value for Q3 2025.

  • On a quarterly basis, Research & Development fell 53.42% to $1.1 million in Q3 2025 year-over-year; TTM through Sep 2025 was $5.2 million, a 63.72% decrease, with the full-year FY2024 number at $9.1 million, down 62.61% from a year prior.
  • Research & Development was $1.1 million for Q3 2025 at Workhorse, down from $1.2 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $8.0 million in Q4 2022 to a low of $1.1 million in Q3 2025.
  • A 5-year average of $3.8 million and a median of $3.5 million in 2024 define the central range for Research & Development.
  • Peak YoY movement for Research & Development: skyrocketed 185.27% in 2022, then crashed 79.49% in 2024.
  • Workhorse's Research & Development stood at $2.8 million in 2021, then surged by 185.27% to $8.0 million in 2022, then decreased by 20.33% to $6.4 million in 2023, then plummeted by 79.49% to $1.3 million in 2024, then decreased by 18.05% to $1.1 million in 2025.
  • Per Business Quant, the three most recent readings for WKHS's Research & Development are $1.1 million (Q3 2025), $1.2 million (Q2 2025), and $1.5 million (Q1 2025).