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 statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Motor Vehicles & Passenger Car Bodies companies for comparison
Valuation
| Measure | Workhorse | Industry median |
|---|---|---|
| Market Cap | $29.07M | $571.51M |
| Enterprise Value | $37.69M | $938.56M |
| PS Ratio | 1.28 | 1.10 |
| PB Ratio | 4.05 | 1.71 |
Enterprise value
| Measure | Workhorse | Industry median |
|---|---|---|
| EV / Sales | 1.65 | 1.08 |
Income (trailing twelve months)
| Measure | Workhorse | Industry median |
|---|---|---|
| Revenue | $22.79M | $765.74M |
| Gross Profit | -$12.60M | $113.48M |
| Operating Income | -$60.65M | -$371.81K |
| Pretax Income | -$68.74M | $3.47M |
| Net Income | -$68.71M | $118.21K |
| EBITDA | -$56.16M | $4.13M |
| EPS (Diluted) | -$6.66 | $0.10 |
Margins
| Measure | Workhorse | Industry median |
|---|---|---|
| Gross Margin | -55.3% | 20.3% |
| Operating Margin | -266.1% | 0.98% |
| Pretax Margin | -301.6% | 2.54% |
| Profit Margin | -301.5% | 1.77% |
| EBITDA Margin | -246.4% | 4.38% |
| FCF Margin | -241.5% | 0.90% |
Returns
| Measure | Workhorse | Industry median |
|---|---|---|
| Return on Assets (ROA) | -65.6% | 0.37% |
| Return on Capital Employed (ROCE) | -92.1% | 0.06% |
Growth
| Measure | Workhorse | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 237.3% | 10.1% |
| Revenue Growth (3Y CAGR) | 61.6% | 5.57% |
| Revenue Growth (5Y CAGR) | 72.4% | 8.05% |
Balance sheet
| Measure | Workhorse | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $9.63M | $71.50M |
| Total Debt | $18.25M | $442.90M |
| Net Cash (Debt) | -$8.62M | $7.55K |
| Net Cash Per Share | -$0.79 | $0.00 |
| Equity (Book Value) | $7.18M | $270.06M |
| Book Value Per Share | $0.66 | $6.52 |
| Tangible Book Value | -$5.95M | $38.04M |
| Working Capital | $12.20M | $196.74M |
Financial position
| Measure | Workhorse | Industry median |
|---|---|---|
| Current Ratio | 1.28 | 1.90 |
| Quick Ratio | 0.27 | 0.79 |
| Debt / Equity | 2.54 | 0.40 |
Cash flow (trailing twelve months)
| Measure | Workhorse | Industry median |
|---|---|---|
| Operating Cash Flow | -$54.43M | $4.56M |
| Capital Expenditures | -$603.00K | -$38.44M |
| Free Cash Flow | -$55.03M | -$390.00K |
| FCF Per Share | -$5.04 | -$0.00 |
Efficiency
| Measure | Workhorse | Industry median |
|---|---|---|
| Asset Turnover | 0.22 | 0.71 |
| Inventory Turnover | 1.00 | 4.08 |
| Revenue Per Employee | $154.00K | $344.81K |
| Profits Per Employee | -$464.28K | $1.57K |
| Employee Count | 148 | 1,409 |
Dividends and yields
| Measure | Workhorse | Industry median |
|---|---|---|
| Earnings Yield | -236.4% | 0.07% |
| FCF Yield | -189.3% | 0.13% |
Shares
| Measure | Workhorse | Industry median |
|---|---|---|
| Shares Outstanding | 10,928,600 | 48,327,500 |
| Shares Change (YoY) | 89.2% | 1.60% |
| Shares Change (QoQ) | 4.24% | 0.16% |
| Shares Held by Institutions | 4.39% | 73.4% |
Taxes
| Measure | Workhorse | Industry median |
|---|---|---|
| Income Tax | -$30.00K | $4.55M |
Scores
| Measure | Workhorse | Industry median |
|---|---|---|
| Altman Z-Score | -5.87 | 1.88 |
| Piotroski F-Score | 5 | 5 |
| Beneish M-Score | 2.64 | -2.46 |
Calculated by StockData from Workhorse's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.