Workhorse Group, Inc. (WKHS)
NASDAQ: WKHS · Real-Time Price · USD
2.885
-0.015 (-0.51%)
Sep 29, 2026, 2:18 PM EDT - Market open
Workhorse Group Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
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 |
| 27.21 | 21.21 | 7.04 | 16.88 | 1.39 | 0.38 | |
Revenue Growth | 244.54% | 201.12% | -58.28% | 1112.53% | 269.80% | - |
Cost of Revenue | 49.28 | 30.77 | 13.19 | 29.48 | 13.07 | 5.84 |
Gross Profit | -22.07 | -9.56 | -6.15 | -12.59 | -11.67 | -5.47 |
Selling, General & Admin | 26.8 | 18.22 | 16.05 | 16.5 | 20.16 | 10.2 |
Research & Development | 14.48 | 13.16 | 12.89 | 13.51 | 9.15 | 8.2 |
Other Operating Expenses | - | - | - | - | -323.11 | -15.85 |
Operating Expenses | 41.28 | 31.39 | 28.94 | 30.01 | -293.81 | 2.55 |
Operating Income | -63.35 | -40.94 | -35.08 | -42.6 | 282.13 | -8.02 |
Interest Expense | -11.18 | -17.42 | -10.26 | -5.05 | -190.52 | -29.15 |
Other Non Operating Income (Expenses) | -0.36 | -0.06 | 0 | 0.06 | - | - |
EBT Excluding Unusual Items | -74.89 | -58.42 | -45.34 | -47.6 | 91.61 | -37.16 |
Merger & Restructuring Charges | -3.58 | -5.46 | -6.25 | - | - | - |
Gain (Loss) on Sale of Assets | -0.2 | -0.2 | - | - | - | - |
Other Unusual Items | - | - | - | 0.76 | - | - |
Pretax Income | -78.67 | -64.08 | -51.59 | -46.84 | 91.61 | -37.16 |
Income Tax Expense | -0.03 | 0 | 0 | 0 | 21.83 | - |
Net Income | -78.64 | -64.09 | -51.59 | -46.84 | 69.78 | -37.16 |
Net Income to Common | -78.64 | -64.09 | -51.59 | -46.84 | 69.78 | -37.16 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 10 | 9 | 5 | - | - | - |
Shares Outstanding (Diluted) | 10 | 9 | 5 | - | - | - |
Shares Change | 6.07% | 73.28% | - | - | - | - |
EPS (Basic) | -7.84 | -6.76 | -9.43 | - | - | - |
EPS (Diluted) | -7.84 | -6.76 | -9.43 | - | - | - |
EPS Growth | - | - | - | - | - | - |
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 |
Free Cash Flow | -55.03 | -36.16 | -42.92 | -42.09 | - | - |
Free Cash Flow Per Share | -5.49 | -3.82 | -7.85 | - | - | - |
Gross Margin | -81.13% | -45.05% | -87.25% | -74.59% | - | - |
Operating Margin | -232.86% | -193.01% | -498.07% | -252.33% | 20260.46% | -2129.03% |
Profit Margin | -289.04% | -302.14% | -732.37% | -277.41% | 5010.81% | -9868.98% |
Free Cash Flow Margin | -202.28% | -170.46% | -609.24% | -249.25% | - | - |
EBITDA | -58.86 | -39.71 | -34.27 | -41.83 | - | - |
EBITDA Margin | -216.36% | -187.19% | - | -247.73% | - | - |
D&A For EBITDA | 4.49 | 1.24 | 0.82 | 0.78 | - | - |
EBIT | -63.35 | -40.94 | -35.08 | -42.6 | 282.13 | -8.02 |
EBIT Margin | -232.86% | -193.01% | - | -252.33% | 20260.46% | - |
Effective Tax Rate | - | - | - | - | 23.83% | - |
Advertising Expenses | - | 0.8 | 1.3 | - | - | - |