WKHSNasdaqMotor Vehicles & Passenger Car BodiesFiscal year ends December 31

Workhorse Group Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026

$2.66+0.02 (+0.76%)

Close on Oct 19, 2026

Market cap: $28.87M
P/E (TTM): –
Dividend yield: –

Workhorse Group Inc. income statement

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31
Revenue	21	7.04	13	5.02	-0.85	1.39	0.38	0.76	10	6.41	0.14	0.18	0.18	0.27	0.19	0.14	–	–
Cost of Revenue	31	13	38	38	132	13	5.84	7.98	24	14	–	–	–	–	–	–	–	–
Gross Profit	-9.56	-6.15	-25	-33	-133	-12	-5.47	-15	-14	-7.16	0.14	–	–	–	–	–	–	–
Research & Development	13	13	24	23	12	9.15	8.20	7.39	18	6.15	4.74	3.44	2.89	2.08	4.84	–	–	–
Selling, General & Admin	25	16	56	73	40	20	10	11	8.82	6.20	3.86	2.95	3.14	–	–	–	–	–
Advertising Expenses	0.80	1.30	1.20	1.00	–	–	–	–	–	–	–	–	0.12	0.43	0.29	0.26	–	–
Operating Expenses	38	35	80	96	52	29	18	19	27	12	8.60	6.39	6.03	4.54	8.90	5.17	–	–
Operating Income	-47	-41	-105	-129	-185	-41	-24	-34	–	–	–	–	–	–	–	–	–	–
Interest Expense	–	–	–	–	–	191	29	2.43	0.18	0.04	0.97	0.40	0.26	0.23	0.01	0.01	–	–
Other Non-Operating Income	-0.26	0.00	-10	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Asset Impairment Charges	0	4.70	0	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Gain (Loss) on Investments	–	0	-10	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Gain (Loss) on Sale of Assets	-0.23	0	0	-0.38	0	0	3.66	-0.03	–	–	–	–	–	-0.01	-0.01	-0.01	–	–
Pretax Income	-64	-52	-124	-117	-423	92	-37	-37	–	–	–	–	–	–	–	–	–	–
Income Tax Expense	0.00	0.00	-0.11	0	-22	22	0	0	–	–	–	–	–	–	–	–	–	–
Net Income incl. Noncontrolling Interests	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	-5.03	-1.52	-1.38
Net Income	-64	-52	-124	-117	-401	70	-37	-37	-41	-20	-9.43	-6.61	-6.11	-4.27	-8.71	-5.03	-1.52	-1.38
Net Income to Common	–	–	–	–	-401	70	-37	-37	-41	–	–	–	–	–	–	–	–	–
EPS (Basic)(per share)	-6.76	-9.43	-149.45	-185.00	-780.00	187.50	-145.00	–	-265.00	-195.00	-137.50	-122.50	-200.00	-250.00	-650.00	-575.00	–	–
EPS (Diluted)(per share)	-6.76	-9.43	-149.45	-185.00	-780.00	175.00	-145.00	–	-265.00	-195.00	-137.50	-122.50	-200.00	-250.00	-650.00	-575.00	–	–
Shares Outstanding (Basic, Weighted)(shares)	9.48	5.47	0.83	0.63	0.51	0.37	0.26	0.20	0.16	0.10	0.07	0.05	0.03	0.02	0.01	–	–	–
Shares Outstanding (Diluted, Weighted)(shares)	9.48	5.47	0.83	0.63	0.51	0.40	0.26	0.20	0.16	0.10	0.07	0.05	0.03	0.02	0.01	–	–	–
EBITDA	-46	-41	-101	-127	-183	-40	-23	-34	–	–	–	–	–	–	–	–	–	–
Net Interest Income	–	–	-8.73	-1.84	-13	-191	-29	–	–	–	–	–	–	–	–	–	–	–
Provision for Credit Losses	0.02	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: -55.3%
Operating margin: -266.1%
Net margin: -301.5%
Return on equity, FY2025: -5768.3%

Financial strength

Current ratio: 1.28
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 21.7%

Valuation

P/E ratio: –
Price to sales: 1.27
Price to book: 4.02
Dividend yield: –