WKHS
WKHS
NASDAQ · Automobiles

Workhorse Group Inc

$2.99
-0.64 (-17.54%)
Financial Highlights (FY 2026)
Revenue
24.94M
Net Income
-75,343,605
Gross Margin
-45.0%
Profit Margin
-302.1%
Rev Growth
+61.7%
D/E Ratio
0.36
Revenue & Net Income
Margin Trends
FY 2026 FY 2025 FY 2024 FY 2023
Gross Margin -45.0% -45.0% 64.8% 64.8%
Operating Margin -223.7% -201.3% 4.4% 4.4%
Profit Margin -302.1% -287.0% 3.2% 3.2%
Income Statement
FY 2026 FY 2025 FY 2024 FY 2023
Revenue 24.94M 15.42M 22.81M 25.68M
Gross Profit -11,233,972 -6,948,705 14.77M 16.63M
Operating Income -55,773,369 -31,048,451 1.00M 1.12M
Net Income -75,343,605 -41,942,997 733.4K 811.9K
Gross Margin -45.0% -45.0% 64.8% 64.8%
Operating Margin -223.7% -201.3% 4.4% 4.4%
Profit Margin -302.1% -287.0% 3.2% 3.2%
Rev Growth +61.7% +61.7% +9.1% +12.8%
Balance Sheet
FY 2026 FY 2025 FY 2024 FY 2023
Total Debt 5.20M 5.20M 4.94M 4.60M
Total Equity 14.51M 14.51M 3.68M 3.21M
D/E Ratio 0.36 0.36 1.34 1.43
Cash Flow
FY 2026 FY 2025 FY 2024 FY 2023
EBITDA -54,626,536 -32,099,467 1.47M 1.44M
Free Cash Flow 854.7K 944.4K