Workhorse Group Inc. (WKHS) stock

WKHSNasdaqMotor Vehicles & Passenger Car BodiesFiscal year ends December 31

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026Score 4/30

$2.88−0.14 (-4.64%)

Close on Nov 13, 2026Market cap $31.47MP/E –Yield –

Workhorse statistics

80 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Q3 FY2026, expected soon
Last ex-dividend date: No dividends
Fundamentals through: Jun 30, 2026
Share price as of: Nov 13, 2026

Valuation ratiosIndustry

Market Cap: $31.47M; $1.36B
Enterprise Value: $40.10M; $1.66B
PS Ratio: 1.38; 0.92
PB Ratio: 4.38; 1.74

Enterprise valuationIndustry

EV / Sales: 1.76; 1.00

Share statisticsIndustry

Shares Outstanding: 11M; 50M
Shares Change (YoY): 89.2%; 1.49%
Shares Change (QoQ): 4.24%; 0.05%
Shares Held by Institutions: 4.39%; 67.8%

Short sellingIndustry

Short Interest: 1M; –
Short Interest Change: 35.7%; -1.67%
Short % of Shares Outstanding: 12.0%; 5.34%
Days to Cover: 1.35; 4.64

Stock price statisticsIndustry

52-Week High: $12.96; –
52-Week Low: $2.31; –
20-Day Moving Average: $2.90; –
50-Day Moving Average: $2.94; –
200-Day Moving Average: $3.13; –
Average True Range (14): $0.24; –
Price Change (1 Week): -6.80%; -0.08%
Price Change (1 Month): -0.69%; -4.67%
Price Change (3 Months): -13.0%; -19.0%
Price Change (6 Months): -3.52%; -18.1%
Price Change (YTD): -43.4%; -13.3%
Price Change (1 Year): -65.5%; -11.4%
Price Change (3 Years): -99.8%; 9.99%
Price Change (5 Years): -100.0%; -25.3%
Price Change (10 Years): -100.0%; 35.6%
Average Volume (10 Days): 222,283; –
Average Volume (20 Days): 646,581; –
Average Volume (90 Days): 213,515; –
Relative Volume: 0.88; 0.78
Relative Strength Index (14): 46.7; 44.7
Volatility (1 Year): 100.2%; 59.0%
Beta (5 Years): 1.59; 1.05

MarginsIndustry

Gross Margin: -55.3%; 20.8%
Operating Margin: -266.1%; 1.63%
Pretax Margin: -301.6%; 2.36%
Profit Margin: -301.5%; 1.97%
EBITDA Margin: -246.4%; 4.67%
FCF Margin: -241.5%; 0.57%

Returns on capitalIndustry

Return on Assets (ROA): -65.6%; 1.21%
Return on Capital Employed (ROCE): -92.1%; 1.26%

Financial positionIndustry

Current Ratio: 1.28; 1.74
Quick Ratio: 0.27; 0.73
Debt / Equity: 2.54; 0.47

GrowthIndustry

Revenue Growth (YoY): 237.3%; 9.65%
Revenue Growth (3Y CAGR): 61.6%; 5.57%
Revenue Growth (5Y CAGR): 72.4%; 8.05%

EfficiencyIndustry

Asset Turnover: 0.22; 0.71
Inventory Turnover: 1.00; 4.31
Revenue Per Employee: $154.00K; $339.19K
Profits Per Employee: -$464.28K; $5.12K
Employee Count: 148; 1,409
WACC: 10.3%; 9.20%

Income statement (TTM)Industry

Revenue: $22.79M; $747.66M
Gross Profit: -$12.60M; $109.51M
Operating Income: -$60.65M; -$181.66K
Pretax Income: -$68.74M; $4.37M
Net Income: -$68.71M; $297.79K
EBITDA: -$56.16M; $2.85M
EPS (Diluted): -$6.66; $0.14

Balance sheetIndustry

Cash & Short-Term Investments: $9.63M; $78.64M
Total Debt: $18.25M; $420.30M
Net Cash (Debt): -$8.62M; $7.61K
Net Cash Per Share: -$0.79; $0.00
Equity (Book Value): $7.18M; $263.99M
Book Value Per Share: $0.66; $6.46
Tangible Book Value: -$5.95M; $34.44M
Working Capital: $12.20M; $176.20M

Cash flow (TTM)Industry

Operating Cash Flow: -$54.43M; $4.95M
Capital Expenditures: -$603.00K; -$38.70M
Free Cash Flow: -$55.03M; $109.33K
FCF Per Share: -$5.04; $0.00

Dividends and yieldsIndustry

Earnings Yield: -218.3%; 1.28%
FCF Yield: -174.8%; 0.11%

Taxes and interestIndustry

Income Tax: -$30.00K; $4.55M

Scores and fair valueIndustry

Altman Z-Score: -5.86; 2.11
Piotroski F-Score: 5; 5
Beneish M-Score: 2.64; -2.46

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.

Period	WKHS	S&P 500	Difference	WKHS per year	S&P 500 per year
1 month	-5.3%	-3.0%	−2.2 pts
3 months	-5.3%	-2.8%	−2.5 pts
Year to date	-43.4%	+11.5%	−54.9 pts
1 year	-63.5%	+13.5%	−77.0 pts
3 years	-99.8%	+77.7%	−177.5 pts	-86.6%	+21.1%
5 years	-100.0%	+72.6%	−172.6 pts	-83.2%	+11.5%
10 years	-100.0%	+308.2%	−408.1 pts	-59.1%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

1M WKHS shares were sold short on Oct 30, 2026, up 35.7% from the previous report. At recent volumes it would take 1.4 days to buy them back. Over the last 20 sessions, 55.8% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	1,311,797	+35.7%	969,715	1.4
Oct 15, 2026	966,750	-0.8%	48,411	20.0
Sep 30, 2026	974,127	+0.4%	84,577	11.5
Sep 15, 2026	970,616	+6.2%	111,628	8.7
Aug 31, 2026	913,758	+4.2%	98,313	9.3
Aug 14, 2026	876,778	-4.5%	115,174	7.6
Jul 31, 2026	918,189	-5.8%	85,113	10.8
Jul 15, 2026	974,215	+26.0%	96,402	10.1
Jun 30, 2026	773,145	+54.9%	148,724	5.2
Jun 15, 2026	499,052	+13.1%	129,882	3.8
May 29, 2026	441,106	+13.5%	226,096	1.9
May 15, 2026	388,715	+5.0%	323,880	1.2