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Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
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Workhorse (WKHS) Tax Rate (2020 - 2025)

Workhorse has reported Tax Rate over the past 5 years, most recently at 0.02% for Q4 2025.

  • Quarterly results put Tax Rate at 0.02% for Q4 2025, down 2.0% from a year ago — trailing twelve months through Dec 2025 was 0.01% (changed 0.0% YoY), and the annual figure for FY2025 was 0.01%, changed 0.0%.
  • Tax Rate for Q4 2025 was 0.02% at Workhorse, down from 0.0% in the prior quarter.
  • Over the last five years, Tax Rate for WKHS hit a ceiling of 12.76% in Q1 2021 and a floor of 0.02% in Q4 2025.
  • Median Tax Rate over the past 4 years was 0.24% (2023), compared with a mean of 2.76%.
  • Biggest five-year swings in Tax Rate: plummeted -721bps in 2021 and later decreased -2bps in 2025.
  • Workhorse's Tax Rate stood at 0.01% in 2021, then surged by 2790bps to 0.24% in 2023, then tumbled by -99bps to 0.0% in 2024, then tumbled by -657bps to 0.02% in 2025.
  • The last three reported values for Tax Rate were 0.02% (Q4 2025), 0.0% (Q4 2024), and 0.24% (Q4 2023) per Business Quant data.