Workhorse (WKHS) Work In Process (2016 - 2025)
Workhorse (WKHS) posted quarterly Work In Process of $443000.0 for Q4 2025, down 77.65% year-over-year from $2.0 million in Q4 2024, and down 93.66% quarter-over-quarter from $7.0 million in Q3 2025.
Workhorse (WKHS) Work In Process (2016 - 2025) Analysis & Trends
Workhorse (WKHS) has reported Work In Process for 9 consecutive years, with $443000.0 the latest figure, recorded in Q4 2025.
- In Q4 2025, Work In Process fell 77.65% year-over-year to $443000.0; the TTM figure through Dec 2025 stood at $443000.0 (down 77.65% YoY), while the FY2025 annual figure was $443000.0, down 77.65% from the prior year.
- Work In Process fell to $443000.0 in Q4 2025 per WKHS's latest filing, from $7.0 million in the prior quarter.
- Across five years, Work In Process topped out at $35.2 million in Q3 2022 and bottomed at $443000.0 in Q4 2025.
- Historically, Work In Process has averaged $17.3 million across 5 years, with a median of $7.9 million in 2023.
- Annual changes were most pronounced in 2022 — Work In Process surged 43.61% — and 2024, when it sank 80.61%.
- Workhorse's Work In Process stood at $24.1 million in 2021, then soared by 43.61% to $34.6 million in 2022, then tumbled by 77.15% to $7.9 million in 2023, then slumped by 74.94% to $2.0 million in 2024, then tumbled by 77.65% to $443000.0 in 2025.
- Business Quant data shows WKHS's Work In Process at $443000.0 in Q4 2025, $7.0 million in Q3 2025, and $6.9 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn |
| 10 | Workhorse | 31.36 Mn | 18.46 Mn | 10.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 443,000.00 |
| Sep 30, 2025 | 6.99 Mn |
| Jun 30, 2025 | 6.85 Mn |
| Mar 31, 2025 | 6.67 Mn |
| Dec 31, 2024 | 1.98 Mn |
| Sep 30, 2024 | 6.82 Mn |
| Jun 30, 2024 | 6.82 Mn |
| Mar 31, 2024 | 6.81 Mn |
| Dec 31, 2023 | 7.91 Mn |
| Sep 30, 2023 | 26.25 Mn |
| Jun 30, 2023 | 25.88 Mn |
| Mar 31, 2023 | 35.14 Mn |
| Dec 31, 2022 | 34.61 Mn |
| Sep 30, 2022 | 35.15 Mn |
| Jun 30, 2022 | 32.93 Mn |
| Mar 31, 2022 | 29.04 Mn |
| Dec 31, 2021 | 24.10 Mn |
| Dec 31, 2020 | 31.84 Mn |
| Sep 30, 2018 | 829,717.00 |
| Jun 30, 2018 | 829,717.00 |