Workhorse Group, Inc. (WKHS)

NASDAQ: WKHS · Real-Time Price · USD

3.060

+0.020 (0.66%)

At close: Aug 14, 2026, 4:00 PM EDT

3.030

-0.030 (-0.98%)

After-hours: Aug 14, 2026, 7:50 PM EDT

Workhorse Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2020	FY 2019
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	9.63	12.92	6.63	4.26	46.82	23.87
Cash & Short-Term Investments	9.63	12.92	6.63	4.26	46.82	23.87
Cash Growth	264.03%	94.90%	55.70%	-90.91%	96.15%	-
Receivables	2.28	3.89	3.59	5.11	1.04	0.04
Inventory	38.18	39.07	21.4	18.18	15.47	1.8
Prepaid Expenses	5.72	2.65	-	0.41	32.76	4.81
Restricted Cash	0.68	-	-	-	194.41	1
Other Current Assets	-	1.3	2.55	1.6	-	-
Total Current Assets	56.49	59.82	34.18	29.55	290.49	31.52
Property, Plant & Equipment	39.92	44.34	3.09	3.65	11.4	6.83
Long-Term Investments	-	-	-	-	330.56	12.19
Goodwill	3.23	3.13	-	-	-	-
Other Intangible Assets	9.9	10.18	-	0.14	-	-
Long-Term Accounts Receivable	-	-	-	-	0.09	0.13
Other Long-Term Assets	0.6	0.42	0.14	0.14	-	-
Total Assets	110.14	117.89	37.41	33.48	632.54	50.67

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2020	FY 2019
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Accounts Payable	13.93	11.64	2.07	3.09	10.79	5.09
Accrued Expenses	7.03	7.66	2.81	4.36	-	-
Short-Term Debt	18.25	-	68.36	76.28	1.41	-
Current Portion of Long-Term Debt	-	-	-	-	-	19.62
Current Portion of Leases	1.31	3.62	0.89	0.62	-	-
Current Unearned Revenue	1	1.62	0.82	0.64	-	-
Other Current Liabilities	2.77	14.33	1.96	2.39	5.4	22.34
Total Current Liabilities	44.29	38.85	76.92	87.37	17.6	47.04
Long-Term Debt	35.92	15.43	-	-	197.7	38.54
Long-Term Leases	20.65	18.78	0.09	0.38	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	21.83	-
Other Long-Term Liabilities	2.11	1.79	1.22	1.36	0.21	-
Total Liabilities	102.96	74.85	78.23	89.12	237.34	85.59

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2020	FY 2019
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Common Stock	0.01	0.01	0.01	0	395.2	-34.91
Additional Paid-In Capital	366.24	362.06	214.06	147.63	-	-
Retained Earnings	-359.08	-319.02	-254.94	-203.35	-	-
Total Common Equity	7.18	43.04	-40.87	-55.72	395.2	-34.91
Shareholders' Equity	7.18	43.04	-40.82	-55.64	395.2	-34.91
Total Liabilities & Equity	110.14	117.89	37.41	33.48	632.54	50.67

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2020	FY 2019
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Total Debt	76.13	37.82	69.34	77.28	199.11	58.16
Net Cash (Debt)	-66.5	-24.9	-62.71	-73.03	-152.29	-34.29
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-6.63	-2.63	-11.47	-	-	-
Filing Date Shares Outstanding	10.93	10.45	3.84	0.83	-	-
Total Common Shares Outstanding	10.89	9.7	3.84	0.83	-	-
Working Capital	12.2	20.97	-42.74	-57.82	272.9	-15.52
Book Value Per Share	0.66	4.44	-10.63	-67.20	-	-
Tangible Book Value	-5.95	29.73	-40.87	-55.86	395.2	-34.91
Tangible Book Value Per Share	-0.55	3.06	-10.63	-67.37	-	-
Machinery	-	25.92	5.18	4.8	-	-
Construction In Progress	-	0.25	0.43	0.49	-	-
Leasehold Improvements	-	0.42	0.39	0.39	-	-

SEC Filings: 10-K · 10-Q