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Workhorse Group Inc. (WKHS): R&D Expense

Annual figures by period end, from SEC filings.

Restated years: each year's figure is from the latest filing that reports it. The company later restated the year ended 2024-12-31 (for example after a spin-off or a discontinued operation), while the year before it was last reported on the old basis. Changes across those points are marked n/c (not comparable), and growth rates are not computed across them.

$13.16M
Year ended 2025-12-31
$24.47M2011-12-31: $4.83M2012-12-31: $2.08M2013-12-31: $2.89M2014-12-31: $3.44M2015-12-31: $4.74M2016-12-31: $6.15M2017-12-31: $17.74M2018-12-31: $7.39M2019-12-31: $8.20M2020-12-31: $9.15M2021-12-31: $11.61M2022-12-31: $23.21M2023-12-31: $24.47M2024-12-31: $12.89M2025-12-31: $13.16M$13.16M
2011-12-31 R&D Expense (USD) 2025-12-31
Period endedR&D ExpenseChange YoYSource filing
2025-12-31$13.16M+2.1%2026-03-31, From 2025-01-01
2024-12-31$12.89Mn/c2026-03-31, From 2024-01-01
2023-12-31$24.47M+5.4%2025-03-31, From 2023-01-01
2022-12-31$23.21M+99.9%2024-03-12, From 2022-01-01
2021-12-31$11.61M+26.9%2023-03-01, From 2021-01-01
2020-12-31$9.15M+11.6%2023-03-01, From 2020-01-01
2019-12-31$8.20M+10.9%2022-03-01, From 2019-01-01
2018-12-31$7.39M-58.3%2020-03-13, From 2018-01-01
2017-12-31$17.74M+188.6%2019-03-18, From 2017-01-01
2016-12-31$6.15M+29.6%2018-05-09, From 2016-01-01
2015-12-31$4.74M+37.9%2017-03-14, From 2015-01-01
2014-12-31$3.44M+18.8%2016-03-25, From 2014-01-01
2013-12-31$2.89M+39.3%2015-03-30, From 2013-01-01
2012-12-31$2.08M-57.0%2014-04-15, From 2012-01-01
2011-12-31$4.83Mn/a2013-04-12, From 2011-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (Motor Vehicles & Passenger Car Bodies), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedR&D ExpenseChange YoY
Workhorse Group Inc. (WKHS)2025-12-31$13.16M+2.1%
Fly-E Group, Inc. (FLYE)2026-03-31$340.9K-37.9%
Cenntro Inc. (CENN)2025-12-31$2.81M-45.5%
REE Automotive Ltd. (REEAF)2025-12-31$45.43M-8.1%
Robo.ai Inc. (AIIO)2025-12-31$64.0K-98.6%
Lotus Technology Inc. (LOT)2025-12-31$170.96M-37.8%
Faraday Future Intelligent Electric Inc. (FFAI)2025-12-31$16.60M-34.2%
Lucid Group, Inc. (LCID)2025-12-31$1.21B+3.0%
Rivian Automotive, Inc. (RIVN)2025-12-31$1.67B+3.4%

Compare WKHS, FLYE, CENN, REEAF side by side · Screen every company in Motor Vehicles & Passenger Car Bodies ↗