Workhorse (WKHS) Tax Provisions (2020 - 2025)

Workhorse (WKHS) posted quarterly Tax Provisions of $4000.0 for Q4 2025, up 300.0% year-over-year from $1000.0 in Q4 2024, and up 300.0% quarter-over-quarter from $1000.0 in Q4 2024.

Workhorse (WKHS) Tax Provisions (2020 - 2025) Analysis & Trends

Workhorse (WKHS) has reported Tax Provisions for 5 consecutive years, with $4000.0 the latest figure, recorded in Q4 2025.

  • In Q4 2025, Tax Provisions rose 300.0% year-over-year to $4000.0; the TTM figure through Dec 2025 stood at $4000.0 (up 300.0% YoY), while the FY2025 annual figure was $4000.0, up 300.0% from the prior year.
  • Tax Provisions climbed to $4000.0 in Q4 2025 per WKHS's latest filing, from $1000.0 in the prior quarter.
  • Across five years, Tax Provisions topped out at $4000.0 in Q4 2025 and bottomed at -$17.6 million in Q1 2021.
  • Historically, Tax Provisions has averaged -$3.1 million across 4 years, with a median of -$110524.0 in 2023.
  • Annual changes were most pronounced in 2021 — Tax Provisions tumbled 100.06% — and 2025, when it soared 300.0%.
  • Workhorse's Tax Provisions stood at -$13159.0 in 2021, then tumbled by 739.91% to -$110524.0 in 2023, then jumped by 100.9% to $1000.0 in 2024, then jumped by 300.0% to $4000.0 in 2025.
  • Business Quant data shows WKHS's Tax Provisions at $4000.0 in Q4 2025, $1000.0 in Q4 2024, and -$110524.0 in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn 201.00 Mn
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn 2.59 Bn
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn 1.29 Bn
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn -711.00 Mn
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn 214.00 Mn
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn 47.14 Mn
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn -1.34 Mn
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn -1.00 Mn
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn 240.61 Mn
10 Workhorse 31.36 Mn 18.46 Mn 10.06 Mn 4,000.00

Historic Data

Download Data
DateValue
Dec 31, 2025 4,000.00
Dec 31, 2024 1,000.00
Dec 31, 2023 -110,524.00
Dec 31, 2021 -13,159.00
Sep 30, 2021 -2.92 Mn
Jun 30, 2021 -1.28 Mn
Mar 31, 2021 -17.63 Mn
Dec 31, 2020 21.83 Mn