Workhorse Group Inc.
WKHSNasdaq
$2.63
↓ -2.2%Jul 17 close · end-of-day
Price
1Y↓ -90.3%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$26.3M
Enterprise Value
$41.4M
P/E
—
P/S
1.1
P/B
1.0
EV/EBITDA
—
PEG
—
FCF Yield
-152.4%
Dividend Yield
—
Revenue (TTM)
$24.4M
Net Income (TTM)
-$71.3M
Free Cash Flow (TTM)
-$40.1M
Gross Margin
-65.4%
Operating Margin
-243.7%
Net Margin
-292.4%
ROE
-272.3%
ROIC
-113.8%
Debt / Equity
0.6
Net Cash
-$15.1M
Return 1Y
-89.6%
Company profile
Workhorse Group Inc. engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system.
- CEO
- Richard F. Dauch
- Sector
- Manufacturing
- Industry
- Automobiles And Trucks
- Employees
- 330
- Headquarters
- Ohio
- Website
- workhorse.com
Earnings
WKHS Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$4.3M↑ +278.1%
Diluted EPS-$1.99↑ +46.3%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.4M | -$851,922.00 | $5.0M | $13.1M | $7.0M | $21.2M |
| Gross profit | -$11.7M | -$133.3M | -$32.6M | -$25.3M | -$6.1M | -$9.6M |
| Operating income | -$41.0M | -$185.1M | -$129.1M | -$105.3M | -$41.3M | -$47.4M |
| Net income | $69.8M | -$401.3M | -$117.3M | -$123.9M | -$51.6M | -$64.1M |
| Diluted EPS | $0.70 | -$3.12 | -$0.74 | -$149.45 | -$9.43 | -$6.76 |
| Operating cash flow | -$70.3M | -$132.6M | -$93.8M | -$123.0M | -$38.2M | -$35.6M |
| Free cash flow | -$76.0M | -$137.9M | -$111.3M | -$141.7M | -$42.9M | -$36.2M |
| Gross margin | -838.4% | 15652.1% | -650.0% | -192.9% | -87.3% | -45.0% |
| Operating margin | -2943.0% | 21729.1% | -2569.8% | -804.1% | -586.7% | -223.7% |
| Net margin | 5010.8% | 47110.5% | -2334.7% | -946.2% | -732.5% | -302.2% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $842,440.00 | $2.5M | $2.4M | $1.1M | $5.7M | $2.4M | $12.0M | $4.3M |
| Gross profit | -$6.5M | -$4.1M | $10.5M | -$1.1M | -$7.4M | -$7.7M | $6.6M | -$7.5M |
| Operating income | -$20.5M | -$14.2M | $17.1M | -$9.1M | -$14.5M | -$16.6M | -$7.3M | -$21.1M |
| Net income | -$26.3M | -$25.1M | $29.0M | -$12.7M | -$14.8M | -$7.8M | -$28.8M | -$19.9M |
| Diluted EPS | -$17.45 | -$19.00 | $51.11 | -$1.36 | -$1.67 | -$0.50 | -$3.23 | -$1.99 |
| Operating cash flow | -$12.1M | -$10.1M | $2.0M | -$12.5M | -$1.5M | -$11.0M | -$10.5M | -$16.5M |
| Free cash flow | -$12.8M | -$10.3M | $1.2M | -$12.7M | -$1.7M | -$11.0M | -$11.1M | -$16.6M |
| Gross margin | -766.7% | -164.7% | 448.4% | -94.2% | -130.2% | -323.2% | 55.1% | -172.8% |
| Operating margin | -2435.6% | -564.5% | 726.2% | -792.9% | -255.3% | -694.2% | -61.0% | -487.3% |
| Net margin | -3124.3% | -1001.5% | 1233.2% | -1105.3% | -260.7% | -328.2% | -240.1% | -459.3% |
Company news
Jul 15, 2026
May 15, 2026
May 14, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
No insider transactions in the last 12 months.
No insider transactions on file.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.