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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,151.92 Bn | 1,108.39 Bn | 4.75 Bn | 201.00 Mn |
| 2 | Toyota Motor | 255.99 Bn | 127.54 Bn | 12.27 Bn | -5.20 Bn |
| 3 | Honda Motor | 129.45 Bn | 89.32 Bn | 8.46 Bn | -823.19 Mn |
| 4 | Ford Motor | 80.26 Bn | 48.92 Bn | 6.08 Bn | -711.00 Mn |
| 5 | General Motors | 76.22 Bn | 51.50 Bn | 7.33 Bn | 214.00 Mn |
| 6 | Ferrari | 73.68 Bn | 71.93 Bn | 1.18 Bn | 160.68 Mn |
| 7 | Rivian Automotive | 20.68 Bn | 15.37 Bn | 179.00 Mn | -1.00 Mn |
| 8 | Stellantis | 15.20 Bn | -26.25 Bn | 5.55 Bn | 240.61 Mn |
| 9 | Li Auto | 12.07 Bn | -504.83 Mn | 417.98 Mn | 35.90 Mn |
| 10 | Workhorse | 30.89 Mn | 30.89 Mn | -7.47 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |