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. balance sheet

Annual Quarterly

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	FY 2007 2007-12-31
Cash & Equivalents	12	6.63	4.26	99	202	241	25	1.51	4.07	0.47	7.68	0.44	0.01	0.04	0.09	0.09	0.39	–	–
Cash & Short-Term Investments	12	6.63	4.26	99	202	241	25	1.51	4.07	0.47	7.68	0.44	0.01	0.04	0.09	0.09	0.39	–	–
Receivables	3.89	3.59	2.33	2.08	0.15	1.04	0.01	0	1.01	0.63	–	–	–	–	0.01	0.06	–	–	–
Inventory	39	21	45	8.85	10	15	1.80	2.53	4.62	2.46	0.08	0.39	0.39	0.04	0.12	–	–	–	–
Prepaid Expenses & Other	3.95	2.55	8.10	14	4.36	33	4.81	2.27	0.95	0.26	3.15	0.07	0.04	0.01	0.05	0.01	–	–	–
Other Current Assets	0.58	0.57	0.91	0.51	0.34	0.15	–	–	–	–	–	–	–	–	–	–	–	–	–
Total Current Assets	60	34	94	139	216	290	32	6.37	11	3.92	11	0.91	0.44	0.09	0.27	0.45	–	–	–
Property, Plant & Equipment	22	2.12	38	22	7.90	11	6.83	5.24	5.60	6.00	3.74	4.04	4.41	0.13	0.18	0.08	–	–	–
Gross Property, Plant & Equipment	27	6.00	47	27	13	15	9.48	7.64	7.69	7.55	5.07	5.01	4.98	0.38	0.39	0.22	–	–	–
Accumulated Depreciation	-4.12	-3.88	-9.16	-5.44	-5.36	-3.46	-2.65	-2.41	-2.10	-1.55	-1.33	-0.96	-0.57	-0.26	-0.20	-0.15	–	–	–
Land	–	–	–	–	–	–	–	–	0.70	–	–	–	0.30	–	–	–	–	–	–
Buildings & Improvements	–	–	–	–	–	–	–	–	5.90	–	–	–	3.80	–	–	–	–	–	–
Machinery & Equipment	–	–	–	–	–	–	–	–	0.83	–	–	–	0.67	0.17	0.15	0.13	–	–	–
Long-Term Investments	–	–	0	10	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Operating Lease Right-of-Use Assets	22	0.97	4.17	5.88	1.54	0	–	–	–	–	–	–	–	–	–	–	–	–	–
Goodwill	3.13	0	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Intangible Assets	10	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Other Long-Term Assets	0.42	0.14	0.18	0.18	2.48	0.09	–	–	–	–	–	–	–	–	–	–	–	–	–
Total Assets	118	37	142	183	228	633	51	12	17	10	15	4.95	4.85	0.22	0.45	0.53	–	–	–
Accounts Payable	16	2.07	12	10	7.85	4.79	1.68	4.34	5.66	3.12	1.61	1.60	1.55	1.25	1.37	0.45	–	–	–
Accrued Expenses	8.06	4.80	4.86	46	15	6.00	3.41	3.95	0.28	0.80	–	–	–	–	–	–	–	–	–
Current Portion of Long-Term Debt	–	–	–	–	0	1.41	0	0	0.38	0.08	2.77	0.04	0.34	0.23	0.02	0.01	–	–	–
Current Debt	0	68	76	–	0	1.41	0	0	0.38	0.08	2.77	0.04	0.34	0.23	0.02	0.01	–	–	–
Current Portion of Leases	3.62	0.89	1.01	0.69	0.36	0	–	–	–	–	–	–	–	–	–	–	–	–	–
Deferred Revenue (Current)	1.62	0.79	4.71	3.38	0	1.41	0.30	0.41	–	–	–	–	–	–	–	–	–	–	–
Total Current Liabilities	39	77	53	63	28	18	47	19	11	4.33	18	3.27	4.46	2.44	1.94	0.78	–	–	–
Long-Term Debt	–	–	–	–	–	–	0	8.31	1.71	2.09	–	2.49	2.29	0.36	0.07	0.03	–	–	–
Long-Term Leases	19	0.09	5.28	6.29	1.19	0	–	–	–	–	–	–	–	–	–	–	–	–	–
Operating Lease Liabilities	22	0.97	6.29	6.98	1.55	0	–	–	–	–	–	–	–	–	–	–	–	–	–
Deferred Tax Liabilities	–	–	–	–	0	22	0	–	–	–	–	–	–	–	–	–	–	–	–
Other Long-Term Liabilities	1.79	1.22	–	–	0	0.21	0	–	–	–	–	–	–	–	–	–	–	–	–
Total Liabilities	75	78	59	74	53	237	86	27	13	6.42	18	5.76	6.76	2.80	2.01	0.81	–	–	–
Total Debt	0	68	76	–	0	1.41	0	8.31	2.09	2.17	2.77	2.53	2.63	0.59	0.09	0.03	–	–	–
Preferred Stock	0	0.05	0	0	0	0	0	0	–	–	–	–	–	–	–	0.00	–	–	–
Common Stock	0.01	0.01	0.00	0.17	0.15	0.12	0.07	0.06	0.04	0.03	0.02	0.01	–	–	0.04	0.03	–	–	0.00
Additional Paid-In Capital	362	214	835	736	686	504	144	126	108	67	34	27	20	15	12	6.65	–	–	–
Retained Earnings	-319	-255	-752	-628	-510	-109	-179	-142	-104	-63	-44	-34	–	–	–	–	–	–	–
Comprehensive Income & Other	–	–	–	0	-1.40	0	0	–	–	–	–	–	–	–	–	–	–	–	–
Shareholders' Equity	43	-41	-56	109	175	395	-35	-15	3.51	3.82	-3.78	-0.81	-1.91	-2.58	-1.56	-0.28	-0.50	-0.06	0.44
Total Equity	43	-41	-56	109	175	395	-35	-15	3.51	3.82	-3.78	-0.81	-1.91	-2.58	-1.56	-0.28	-0.50	-0.06	0.44
Total Liabilities & Equity	118	37	142	183	228	633	51	12	17	10	15	4.95	4.85	0.22	0.45	0.53	–	–	–
Shares Outstanding(shares)	9.70	3.84	1.14	0.66	0.61	0.49	0.27	0.23	0.17	0.11	0.07	0.06	0.03	0.02	0.02	0.01	–	–	–
Deposits	–	–	–	–	–	–	–	–	–	0.23	0.11	–	–	–	–	–	–	–	–

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: –