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| 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 |