Company / SG&A Expense
Workhorse Group Inc. SG&A Expense History
FY2015-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$16.0M
FY2025
5-year range
$10.2M / $73.2M
FY2021-FY2025
Trend
-71.1%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
SG&A Expense has fluctuated over the past 10 years, ranging from $3M in FY2015 to $73M in FY2023.
Based on SEC 10-K filings.
$16M in FY2025 with a 10-year CAGR of +18.5%.
Improved from $73M to $16M over the past 2 years.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- -7.3%
- 5-Year CAGR
- +9.5%
- 10-Year CAGR
- +18.5%
Key checks
Key Insights
- 5-year CAGR of +9.5%, indicating consistent growth.
- In FY2025, sg&a expense decreased 71.1% year-over-year.
- Peak sg&a expense was recorded in FY2023.
- Lowest sg&a expense in the period was in FY2015.
Company context
Key Data Points
- Altman Z-Score -1.01 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $16.0M | -71.1% |
| FY2024 | $55.6M | -24.1% |
| FY2023 | $73.2M | +263.2% |
| FY2022 | $20.2M | +97.6% |
| FY2020 | $10.2M | -11.2% |
| FY2019 | $11.5M | +30.2% |
| FY2018 | $8.8M | +42.2% |
| FY2017 | $6.2M | +60.7% |
| FY2016 | $3.9M | +30.8% |
| FY2015 | $3.0M | -6.0% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026