Workhorse (WKHS) Tax Rate (2020 - 2025)

Workhorse (WKHS) has 5 years of Tax Rate data on file, last reported at 0.02% in Q4 2025.

• Tax Rate for Q4 2025 came in at 0.02%, down 2.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.01% (changed 0.0% YoY), and the FY2025 annual result was 0.01%, changed 0.0% from the prior year.
• Tax Rate retreated to 0.02% in Q4 2025 per WKHS's latest filing, from 0.0% in the prior quarter.
• Over five years, Tax Rate peaked at 12.76% in Q1 2021 and troughed at 0.02% in Q4 2025.
• A 4-year average of 2.76% and a median of 0.24% in 2023 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2021 and 2025: Tax Rate plunged 721 bps in 2021, then declined 2 bps in 2025.
• A 4-year view of Tax Rate shows it stood at 0.01% in 2021, then surged by 2790 bps to 0.24% in 2023, then slumped by 99 bps to 0.0% in 2024, then tumbled by 657 bps to 0.02% in 2025.
• Business Quant data shows WKHS's Tax Rate at 0.02% in Q4 2025, 0.0% in Q4 2024, and 0.24% in Q4 2023.