Workhorse (WKHS) Tax Provisions (2020 - 2025)

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

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

Workhorse has disclosed Tax Provisions across 5 years of filings, most recently posting $4000.0 for 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 advanced to $4000.0 in Q4 2025, from $1000.0 in the prior quarter.
  • Over the last five years, Tax Provisions for WKHS reached as high as $4000.0 in Q4 2025 and fell as low as -$17.6 million in Q1 2021.
  • The 4-year median for Tax Provisions is -$110524.0 (2023), against an average of -$3.1 million.
  • Annual changes were most pronounced in 2021 — Tax Provisions sank 100.06% — and 2025, when it soared 300.0%.
  • A 4-year view of Tax Provisions shows it stood at -$13159.0 in 2021, then plunged by 739.91% to -$110524.0 in 2023, then soared by 100.9% to $1000.0 in 2024, then soared by 300.0% to $4000.0 in 2025.
  • According to Business Quant data, Tax Provisions over the past three periods registered $4000.0, $1000.0, and -$110524.0 for Q4 2025, Q4 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 257.00 Mn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 361.00 Mn
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 642.00 Mn
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn -1.34 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn -2.00 Mn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn 47.14 Mn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn -1.76 Mn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn 33.13 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn 177,000.00
10 Workhorse 27.86 Mn 27.86 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