Workhorse Group Inc. Research And Development Expense

Quick Answer

Workhorse Group Inc. reported Research And Development Expense of $13.16 million for the year ending 2025.

  • Workhorse Group Inc. showed an increase of +2.1% in Research And Development Expense from 2024 to 2025.
  • This data is from Workhorse Group Inc.'s annual report (Form 10-K), filed with the SEC on March 31, 2026.
  • XBRL data for this metric is available from 2013 to 2025 (13 years of filings). Earlier data may not exist in machine-readable XBRL format as companies adopted electronic filing at different times.
  • Quarterly values from 10-Q filings: Q1 2013: $728.5 thousand | Q2 2013: $994.7 thousand | Q3 2013: $562.4 thousand | Q1 2014: $569.4 thousand | Q2 2014: $899.7 thousand | Q3 2014: $895.7 thousand | Q1 2015: $847.1 thousand | Q2 2015: $872.2 thousand | Q3 2015: $1.75 million | Q1 2016: $2.94 million | Q2 2016: $258.8 thousand | Q3 2016: $1.02 million | Q1 2017: $3.24 million | Q2 2017: $5.81 million | Q3 2017: $5.08 million | Q1 2018: $2.34 million | Q2 2018: $1.89 million | Q3 2018: $1.45 million | Q1 2019: $1.36 million | Q2 2019: $1.22 million | Q3 2019: $1.64 million | Q1 2020: $1.90 million | Q2 2020: $1.62 million | Q3 2020: $1.61 million | Q1 2021: $3.86 million | Q2 2021: $2.12 million | Q3 2021: $2.80 million | Q1 2022: $4.01 million | Q2 2022: $5.03 million | Q3 2022: $6.13 million | Q1 2023: $7.22 million | Q2 2023: $5.06 million | Q3 2023: $5.77 million | Q1 2024: $3.53 million | Q2 2024: $1.99 million | Q3 2024: $2.31 million | Q1 2025: $1.53 million | Q2 2025: $1.25 million | Q3 2025: $1.08 million.
  • Over the full 13 years of available data (2013 to 2025), Workhorse Group Inc.'s Research And Development Expense has grown by 355.1%.
  • Historical annual values: Fiscal year 2025: $13.16 million | Fiscal year 2024: $12.89 million | Fiscal year 2023: $24.47 million | Fiscal year 2022: $23.21 million | Fiscal year 2021: $11.61 million | Fiscal year 2020: $9.15 million | Fiscal year 2019: $8.20 million | Fiscal year 2018: $7.39 million | Fiscal year 2017: $17.74 million | Fiscal year 2016: $6.15 million | Fiscal year 2015: $4.74 million | Fiscal year 2014: $3.44 million | Fiscal year 2013: $2.89 million.
  • Data sourced from SEC EDGAR public filings as of August 8, 2026.

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