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
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