Workhorse (WKHS) Revenue (2011 - 2025)
Workhorse (WKHS) posted quarterly Revenue of $12.5 million for Q4 2025, up 432.0% YoY from $2.4 million in Q4 2024, and up 424.76% sequentially from $2.4 million in Q3 2025.
Workhorse (WKHS) Revenue (2011 - 2025) Analysis & Trends
Workhorse has disclosed Revenue across 15 years of filings, most recently posting $12.5 million for Q4 2025.
- In Q4 2025, Revenue rose 432.0% year-over-year to $12.5 million; the TTM figure through Dec 2025 stood at $21.2 million (up 201.12% YoY), while the FY2025 annual figure was $21.2 million, up 201.12% from the prior year.
- Revenue advanced to $12.5 million in Q4 2025, from $2.4 million in the prior quarter.
- Over the last five years, Revenue for WKHS reached as high as $12.5 million in Q4 2025 and fell as low as -$295412.0 in Q4 2021.
- The 5-year median for Revenue is $1.6 million (2022), against an average of $2.4 million.
- Annual changes were most pronounced in 2021 — Revenue sank 145.34% — and 2023, when it jumped 31492.7%.
- A 5-year view of Revenue shows it stood at -$295412.0 in 2021, then jumped by 1266.99% to $3.4 million in 2022, then grew by 27.82% to $4.4 million in 2023, then slumped by 46.61% to $2.4 million in 2024, then surged by 432.0% to $12.5 million in 2025.
- According to Business Quant data, Revenue over the past three periods registered $12.5 million, $2.4 million, and $5.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 22.39 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 43.25 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 39.35 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | 1.89 Bn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 1.38 Bn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | 3.33 Bn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | 3.70 Bn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | 23,111.05 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | 282.47 Mn |
| 10 | Workhorse | 27.86 Mn | 27.86 Mn | 10.06 Mn | 12.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 12.52 Mn |
| Sep 30, 2025 | 2.38 Mn |
| Jun 30, 2025 | 5.67 Mn |
| Mar 31, 2025 | 640,922.00 |
| Dec 31, 2024 | 2.35 Mn |
| Sep 30, 2024 | 2.51 Mn |
| Jun 30, 2024 | 842,440.00 |
| Mar 31, 2024 | 1.34 Mn |
| Dec 31, 2023 | 4.41 Mn |
| Sep 30, 2023 | 3.03 Mn |
| Jun 30, 2023 | 3.97 Mn |
| Mar 31, 2023 | 1.69 Mn |
| Dec 31, 2022 | 3.45 Mn |
| Sep 30, 2022 | 1.55 Mn |
| Jun 30, 2022 | 12,555.00 |
| Mar 31, 2022 | 14,299.00 |
| Dec 31, 2021 | -295,412.00 |
| Sep 30, 2021 | 576,602.00 |
| Jun 30, 2021 | 1.20 Mn |
| Mar 31, 2021 | 521,060.00 |