Workhorse (WKHS) Retained Earnings (2010 - 2025)

Workhorse has disclosed Retained Earnings across 16 years of filings, most recently posting -$319.0 million for Q4 2025.

• In Q4 2025, Retained Earnings fell 25.13% year-over-year to -$319.0 million; the TTM figure through Dec 2025 stood at -$319.0 million (down 25.13% YoY), while the FY2025 annual figure was -$319.0 million, down 25.13% from the prior year.
• Retained Earnings advanced to -$319.0 million in Q4 2025, from -$896.6 million in the prior quarter.
• Over the last five years, Retained Earnings for WKHS reached as high as -$10.2 million in Q2 2021 and fell as low as -$896.6 million in Q3 2025.
• The 5-year median for Retained Earnings is -$675.7 million (2023), against an average of -$578.1 million.
• Annual changes were most pronounced in 2021 — Retained Earnings sank 1027.27% — and 2024, when it surged 66.08%.
• A 5-year view of Retained Earnings shows it stood at -$510.4 million in 2021, then dropped by 22.98% to -$627.6 million in 2022, then dropped by 19.74% to -$751.6 million in 2023, then surged by 66.08% to -$254.9 million in 2024, then decreased by 25.13% to -$319.0 million in 2025.
• According to Business Quant data, Retained Earnings over the past three periods registered -$319.0 million, -$896.6 million, and -$888.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.