Workhorse (WKHS) Retained Earnings (2010 - 2025)
Workhorse (WKHS) posted quarterly Retained Earnings of -$319.0 million for Q4 2025, down 25.13% year-over-year from -$426.1 million in Q4 2024, and down 134.35% quarter-over-quarter from $928.7 million in Q3 2025.
Workhorse (WKHS) Retained Earnings (2010 - 2025) Analysis & Trends
Workhorse (WKHS) has reported Retained Earnings for 16 consecutive years, with -$319.0 million the latest figure, recorded in 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 fell to -$319.0 million in Q4 2025 per WKHS's latest filing, from $928.7 million in the prior quarter.
- Across five years, Retained Earnings topped out at $928.7 million in Q3 2025 and bottomed at -$888.8 million in Q2 2025.
- Historically, Retained Earnings has averaged -$11.9 million across 5 years, with a median of -$254.9 million in 2024.
- Annual changes were most pronounced in 2021 — Retained Earnings tumbled 1027.27% — and 2022, when it jumped 7159.81%.
- Workhorse's Retained Earnings stood at -$510.4 million in 2021, then surged by 244.22% to $736.1 million in 2022, then gained by 13.4% to $834.7 million in 2023, then tumbled by 130.54% to -$254.9 million in 2024, then slipped by 25.13% to -$319.0 million in 2025.
- Business Quant data shows WKHS's Retained Earnings at -$319.0 million in Q4 2025, $928.7 million in Q3 2025, and -$888.8 million in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn | 40.59 Bn |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn | 236.05 Bn |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn | 59.79 Bn |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn | 22.51 Bn |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn | 52.99 Bn |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn | - |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn | 215.72 Mn |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn | 33.31 Bn |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn | - |
| 10 | Workhorse | 31.36 Mn | 18.46 Mn | 10.06 Mn | -319.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -319.00 Mn |
| Sep 30, 2025 | 928.66 Mn |
| Jun 30, 2025 | -888.80 Mn |
| Mar 31, 2025 | 905.39 Mn |
| Dec 31, 2024 | -254.94 Mn |
| Sep 30, 2024 | -832.18 Mn |
| Jun 30, 2024 | -807.00 Mn |
| Mar 31, 2024 | 847.82 Mn |
| Dec 31, 2023 | 834.68 Mn |
| Sep 30, 2023 | -706.31 Mn |
| Jun 30, 2023 | -675.70 Mn |
| Mar 31, 2023 | -652.65 Mn |
| Dec 31, 2022 | 736.07 Mn |
| Sep 30, 2022 | 720.10 Mn |
| Jun 30, 2022 | -553.59 Mn |
| Dec 31, 2021 | -510.37 Mn |
| Sep 30, 2021 | -10.20 Mn |
| Jun 30, 2021 | 506.07 Mn |
| Mar 31, 2021 | 505.02 Mn |
| Sep 30, 2020 | 1.10 Mn |