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Workhorse Group, Inc. (WKHS)
NASDAQ: WKHS · Real-Time Price · USD
2.710
-0.050 (-1.81%)
At close: Jul 24, 2026, 4:00 PM EDT
2.676
-0.034 (-1.27%)
After-hours: Jul 24, 2026, 7:34 PM EDT

Workhorse Group Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
24.921.217.0413.095.02-0.85
Revenue Growth
287.71%201.12%-46.21%160.69%--
Gross Profit
-12.51-9.56-6.15-25.26-32.65-133.34
Operating Income
-55.7-47.44-41.33-105.3-129.08-185.11
Net Income
-63.32-64.09-51.59-123.92-117.27-401.34
Earnings Per Share
-30.49-6.76-9.43-1793.40--
EPS Growth
------

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
0.612.926.6325.8599.28201.65
Total Debt
42.9137.8269.3429.0210.1326.26
Net Cash (Debt)
-42.31-24.9-62.71-3.1889.15175.39
Net Cash Growth
-----49.17%-
Net Cash Per Share
-7.81-2.63-11.47-45.95--

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-16.52-35.55-38.15-123.02-93.82-132.58
Capital Expenditures
--0.6-4.76-18.69-17.5-5.31
Free Cash Flow
-16.52-36.16-42.92-141.71-111.32-137.89
Free Cash Flow Growth
------

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
-50.26%-45.05%-87.25%-192.87%-649.99%15652.10%
Operating Margin
-223.70%-223.66%-586.74%-804.13%-2569.80%21729.10%
Pretax Margin
-156.42%-137.85%-441.04%-813.82%-2261.53%49674.96%
Profit Margin
-254.32%-302.14%-732.37%-946.33%-2334.71%47110.50%
FCF Margin
-66.33%-170.46%-609.24%-1082.20%-2216.08%16185.90%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PS Ratio
1.212.33138.730.795.01-77.73