Workhorse Group Inc.
Close on Oct 19, 2026
- Market cap
- $28.87M
- P/E (TTM)
- –
- Dividend yield
- –
About Workhorse
Motor Vehicles & Passenger Car Bodies, SIC 3711
Workhorse Group Inc. is an American original equipment manufacturer that designs, produces, and deploys medium-duty commercial electric vehicles. The company provides all-electric trucks and buses under the Workhorse and Motiv brands, covering Class 4 through Class 6 commercial vehicles. Its product portfolio includes step vans, stripped chassis, box trucks, work trucks, and shuttle and school buses tailored for last-mile delivery and specialized fleet applications. In addition to vehicle manufacturing, the business offers complete-vehicle telematics software, charging infrastructure solutions, and vehicle upfitting services. Its primary customer base consists of commercial fleet operators, including leading national medium-duty fleets, independent delivery operators, and public entities.
The company operates an assembly plant in Union City, Indiana, alongside commercial vehicle research and development facilities located in Wixom, Michigan; Foster City, California; and Sharonville, Ohio. The provided text does not state the company's headquarters location. As of year-end 2025, the organization employs 148 full-time personnel plus 41 transition employees.
Summary of the business section of Workhorse's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Workhorse Group Inc.
- Founded
- 1998
- Headquarters
- Wixom, MI
- Address
- 48443 Alpha Drive #190 48393
- Phone
- (513) 360-4704
- Website
- workhorse.com
- Employees
- 148, Dec 31, 2025
- Industry
- Motor Vehicles & Passenger Car Bodies
- Incorporated in
- Nevada
- Fiscal year ends
- December 31
- Auditor
- Carr, Riggs & Ingram, L.L.C., Palm Beach Gardens, Florida
Stock & identifiers
- Ticker
- WKHS
- Exchange
- Nasdaq
- Shares outstanding
- 11M, Aug 10, 2026
- Public float
- $11.64M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-12 reverse, Dec 8, 2025; 1-for-12.5 reverse, Mar 17, 2025; 1-for-20 reverse, Jun 17, 2024; 1-for-20 reverse, Jun 17, 2024; 1-for-10 reverse, Mar 25, 2016; 1-for-10 reverse, Dec 11, 2015
- SEC CIK
- 1425287
- CUSIP
- 98138J503
- ISIN
- US98138J5039
- LEI
- 5493006JUAG258V8X854
- EIN
- 26-1394771
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Scott W. Griffith | Chief Executive Officer, Director | 562,500 |
| Richard F. Dauch | Chief Executive Officer, Director | 1,310 |
| William Scott Zion | Chief Product Officer | 87,500 |
| Joshua Joseph Anderson | Executive VP, Operations | 93,854 |
| Lindsay A. Barnes | Chief Accounting Officer | 56,250 |
| James Francis Griffin | Chief Revenue Officer | 62,500 |
| Jody Davis | Chief Financial Officer | 93,750 |
| Stanley Raymond March | VP, Corporate Development | 121 |
| James D. Harrington | General Counsel | 366 |
| Robert M. Ginnan | Chief Financial Officer | 168 |
| Ryan Wesley Gaul | President, Commercial Vehicles | 1,950 |
| James Peters | VP, Supply Chain Management | 1,017 |
| Matthew C. O'Leary | Director | 38,105 |
| Pamela S. Mader | Director | 30,624 |
| Raymond Joseph Chess | Director | 30,699 |
| Paul Timothy Savoie | Director | 30,484 |
| Fildeza Ujkashevic | Director | 30,484 |
| Alan S. Henricks | Director | 30,484 |
| William G. Quigley Iii | Director | 133 |
| Jean Botti | Director | 5,194 |
| Austin Scott Miller | Director | 130 |
| Jacqueline A. Dedo | Director | 5,207 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Richard Dauch | $1.88M | $1.63M | $515.57K | $0 | – |
| FY2025 Scott Griffith | $338.54K | $338.54K | $515.57K | $0 | – |
| FY2024 Richard Dauch | $3.35M | $419.37K | $854.27K | $2 | – |
| FY2024 Scott Griffith | $0 | $0 | $854.27K | $2 | – |
| FY2023 Richard Dauch | $3.39M | -$409.94K | $938.53K | $24 | – |
| FY2023 Scott Griffith | $0 | $0 | $938.53K | $24 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 148 full-time employees.”
Corporate history
Events identified from SEC filings