Workhorse (WKHS) Work In Process (2016 - 2025)
Workhorse (WKHS) reported 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 9 years of Work In Process data on file, last reported at $443000.0 in Q4 2025.
- Work In Process for Q4 2025 came in at $443000.0, down 77.65% year-over-year; the trailing twelve-month figure through Dec 2025 was $443000.0 (down 77.65% YoY), and the FY2025 annual result was $443000.0, down 77.65% from the prior year.
- Work In Process slipped to $443000.0 in Q4 2025 per WKHS's latest filing, from $7.0 million in the prior quarter.
- Over five years, Work In Process peaked at $35.2 million in Q3 2022 and troughed at $443000.0 in Q4 2025.
- A 5-year average of $17.3 million and a median of $7.9 million in 2023 frame the typical range for Work In Process.
- The sharpest annual moves came in 2022 and 2024: Work In Process surged 43.61% in 2022, then sank 80.61% in 2024.
- 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 slumped by 77.15% to $7.9 million in 2023, then sank by 74.94% to $2.0 million in 2024, then slumped 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 | 1,297.09 Bn | 1,252.41 Bn | 4.72 Bn |
| 2 | Toyota Motor | 440.56 Bn | 289.71 Bn | 39.87 Bn |
| 3 | Ferrari | 75.26 Bn | 73.46 Bn | 1.09 Bn |
| 4 | General Motors | 72.40 Bn | 50.02 Bn | 4.32 Bn |
| 5 | Ford Motor | 56.05 Bn | 25.60 Bn | 7.94 Bn |
| 6 | Rivian Automotive | 20.65 Bn | 15.84 Bn | 119.00 Mn |
| 7 | China Yuchai International | 14.25 Bn | 13.19 Bn | 317.01 Mn |
| 8 | VinFast Auto | 7.11 Bn | 10.11 Bn | -15,731.99 Bn |
| 9 | Digital Currency X Technology | 4.89 Bn | 4.89 Bn | - |
| 10 | Workhorse | 28.85 Mn | 28.85 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 |