Workhorse (WKHS) Work In Process (2016 - 2025)

Workhorse (WKHS) posted quarterly Work In Process of $443000.0 for Q4 2025, down 77.65% YoY from $2.0 million in Q4 2024, and down 93.66% sequentially from $7.0 million in Q3 2025.

Workhorse (WKHS) Work In Process (2016 - 2025) Analysis & Trends

Workhorse has disclosed Work In Process across 9 years of filings, most recently posting $443000.0 for 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 declined to $443000.0 in Q4 2025, from $7.0 million in the prior quarter.
  • Over the last five years, Work In Process for WKHS reached as high as $35.2 million in Q3 2022 and fell as low as $443000.0 in Q4 2025.
  • The 5-year median for Work In Process is $7.9 million (2023), against an average of $17.3 million.
  • Annual changes were most pronounced in 2022 — Work In Process surged 43.61% — and 2024, when it tumbled 80.61%.
  • A 5-year view of Work In Process shows it stood at $24.1 million in 2021, then surged by 43.61% to $34.6 million in 2022, then plunged by 77.15% to $7.9 million in 2023, then tumbled by 74.94% to $2.0 million in 2024, then plunged by 77.65% to $443000.0 in 2025.
  • According to Business Quant data, Work In Process over the past three periods registered $443000.0, $7.0 million, and $6.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn
10 Workhorse 27.86 Mn 27.86 Mn 10.06 Mn

Historic Data

Download Data
DateValue
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