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| 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 |