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

Workhorse has reported Research & Development over the past 16 years, most recently at $9.3 million for Q4 2025.

  • Quarterly results put Research & Development at $9.3 million for Q4 2025, up 83.78% from a year ago — trailing twelve months through Dec 2025 was $13.2 million (up 2.04% YoY), and the annual figure for FY2025 was $13.2 million, up 2.04%.
  • Research & Development for Q4 2025 was $9.3 million at Workhorse, up from $1.1 million in the prior quarter.
  • Over the last five years, Research & Development for WKHS hit a ceiling of $9.3 million in Q4 2025 and a floor of $1.1 million in Q3 2025.
  • Median Research & Development over the past 5 years was $3.9 million (2021), compared with a mean of $4.3 million.
  • Biggest five-year swings in Research & Development: skyrocketed 185.27% in 2022 and later plummeted 60.62% in 2024.
  • Workhorse's Research & Development stood at $2.8 million in 2021, then skyrocketed by 185.27% to $8.0 million in 2022, then dropped by 19.93% to $6.4 million in 2023, then decreased by 21.38% to $5.1 million in 2024, then surged by 83.78% to $9.3 million in 2025.
  • The last three reported values for Research & Development were $9.3 million (Q4 2025), $1.1 million (Q3 2025), and $1.2 million (Q2 2025) per Business Quant data.