Workhorse (WKHS) Research & Development (2010 - 2025)

Workhorse (WKHS) has 16 years of Research & Development data on file, last reported at $9.3 million in Q4 2025.

• Research & Development for Q4 2025 came in at $9.3 million, up 84.11% year-over-year; the trailing twelve-month figure through Dec 2025 was $13.2 million (up 2.11% YoY), and the FY2025 annual result was $13.2 million, up 2.11% from the prior year.
• Research & Development improved to $9.3 million in Q4 2025 per WKHS's latest filing, from $1.1 million in the prior quarter.
• Over five years, Research & Development peaked at $9.3 million in Q4 2025 and troughed at $1.1 million in Q3 2025.
• A 5-year average of $4.3 million and a median of $3.9 million in 2021 frame the typical range for Research & Development.
• The sharpest annual moves came in 2022 and 2024: Research & Development surged 184.79% in 2022, then tumbled 60.62% in 2024.
• A 5-year view of Research & Development shows it stood at $2.8 million in 2021, then jumped by 184.79% to $8.0 million in 2022, then retreated by 20.19% to $6.4 million in 2023, then slipped by 21.13% to $5.1 million in 2024, then soared by 84.11% to $9.3 million in 2025.
• Business Quant data shows WKHS's Research & Development at $9.3 million in Q4 2025, $1.1 million in Q3 2025, and $1.2 million in Q2 2025.