Workhorse (WKHS)
Nasdaq Market Closed
Workhorse Group, Inc. is an American commercial electric vehicle company focused on battery-powered trucks for fleet operators. The company targets the last-mile delivery and vocational vehicle markets, where parcel carriers, retailers, logistics providers, municipalities, and service fleets are under pressure to reduce emissions while keeping operating costs predictable.
Workhorse designs and manufactures vehicles under its own brand, with an emphasis on all-electric step vans and related vehicle platforms. Its approach combines vehicle engineering, manufacturing, and embedded technology intended to help fleets monitor performance and manage daily operations. The company’s products are built for duty cycles that typically involve repeated stops, urban or suburban routes, and return-to-base charging, making electrification more practical than in many long-haul applications.
The business sits within a competitive but strategically important part of the transportation market. Delivery fleets are evaluating electric vehicles because of regulatory requirements, corporate sustainability goals, lower tailpipe emissions, and the potential for reduced fuel and maintenance expenses. Workhorse seeks to serve that transition with commercial vehicles designed around payload, route efficiency, driver usability, and fleet uptime.
As a listed company, Workhorse is closely tied to the pace of adoption in the electric commercial vehicle industry. Its prospects depend on product execution, manufacturing scale, access to capital, fleet customer demand, and the build-out of charging infrastructure. What distinguishes the company is its focused exposure to zero-emission commercial delivery vehicles rather than the broader passenger EV market.
Last updated
- Market Cap
- 39.11M
- P/E
- —
- P/FCF
- —
- P/S
- 1.57
- Enterprise Value
- 54.19M
- Sector
- Consumer Discretionary
- Industry
- Motor Vehicles and Passenger Car Bodies
- Address
- 48443 ALPHA DRIVE #190, WIXOM, MI, 48393
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates BTBD, WOW, SHCO, WKHS on Behalf of Shareholders
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: BT Brands, Inc. (Nasdaq - BTBD), WideOpenWest, Inc. (NYSE - WOW), Soho House & Co Inc. (NYSE – SHCO), Workhorse Group Inc. (Nasdaq - WKHS)
U.S. Pickup Trucks Market Analysis 2025-2034: A $97.2 Billion Opportunity Driven by Rising Consumer Demand for Versatility and Utility
Workhorse Group Reports Full Year 2024 Results
UPDATE - Workhorse Partners with Progress Manufacturing Company as Certified Dealer for Specialized Second-Stage Manufacturing
Workhorse Secures GSA Contract, Expanding Access to its Zero-Emission Vehicles for Government and Public Sector Fleets
Workhorse Group Reports Second Quarter 2024 Results
Workhorse Reschedules Second Quarter 2024 Earnings Call to August 20, 2024 at 11:00 AM ET
Workhorse Introduces the W56 Extended Wheelbase Version - GlobeNewswire
Canoo (GOEV) stock slumped in the first half: will the tide turn? - Invezz
Workhorse W750 to be Showcased at the Georgia Clean Energy Roadshow by Electric Commercial Vehicles
Workhorse Expands Product Offering with Upfit Solutions from Surefitters
Workhorse (WKHS) Adds Eco Auto to Its Certified Dealer Network
Workhorse Expands Certified Dealer Network with Eco Auto of North Boston
Workhorse Group Announces 1-for-20 Reverse Stock Split
Kingsburg Truck Sales Bolsters Workhorse Partnership as Workhorse Sharpens Commercial EV Focus
EV Roundup: LI's Profits Fall in Q1, XPEV's Loss Narrows & More
Workhorse Group (WKHS) Reports Q1 Loss, Lags Revenue Estimates
Workhorse Group Reports First Quarter 2024 Results
Workhorse to Showcase Industry-Leading Electric Commercial Vehicles at ACT Expo in Las Vegas
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- 39.11M
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- 54.19M
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- 1.49
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 1.57
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- -1
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 2.18
- EPS
- -5.81
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- —
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- —
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- -44.64M
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- -241.76%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -61.64%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0.6
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 1.21
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 0.24
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 0.02
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- 272.78K
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 3.59
Income Statement
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Revenue | 4.33M | 12.52M | 2.38M | 5.67M | 1.15M |
| Gross profit | -7.48M | 10.06M | -7.71M | -7.38M | -1.08M |
| Operating income | -21.1M | -3.57M | -16.56M | -14.47M | -9.08M |
| EBITDA | -19.08M | -7.93M | -14.77M | -12.65M | -8.88M |
| Net income | -19.88M | -20.83M | -7.83M | -14.78M | -12.66M |
| Basic EPS | -1.99 | 47.12 | -6 | -20.04 | -1.36 |
| Diluted EPS | -1.99 | 47.12 | -6 | -20.04 | -1.36 |
Balance Sheet
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Total assets | 102.74M | 117.89M | 116.74M | 99.25M | 115.48M |
| Total liabilities | 76.54M | 74.85M | 84.67M | 76.91M | 84.09M |
| Total equity | 26.19M | 43.04M | 32.07M | 22.35M | 31.39M |
| Cash & equivalents | 600K | 12.24M | 12.73M | 2.19M | 2.64M |
| Current assets | 46.35M | 59.14M | 47.49M | 41.16M | 49.6M |
| Current liabilities | 38.3M | 38.85M | 60.43M | 73.48M | 80.39M |
Cash Flow
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Operating cash flow | -16.52M | -10.54M | -10.99M | -5.87M | -12.49M |
| Investing cash flow | -125K | -9.64M | 19.47M | — | -168K |
| Financing cash flow | 5M | -7.08M | 5M | -16.32K | 10M |
| Change in cash | -11.64M | -27.27M | 13.48M | -5.87M | -2.66M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | DEF 14A — Workhorse Group Inc. | View Filing | |
| edgar index | DEFA14A — Workhorse Group Inc. | View Filing | |
| edgar index | ARS — Workhorse Group Inc. | View Filing | |
| edgar index | SCHEDULE 13G/A — Workhorse Group Inc. | View Filing | |
| edgar index | 8-K — Workhorse Group Inc. | View Filing | |
| edgar index | 10-Q — Workhorse Group Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 10-K/A — Workhorse Group Inc. | View Filing | |
| edgar index | 8-K — Workhorse Group Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Workhorse Group Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K/A — Workhorse Group Inc. | View Filing | |
| edgar index | 8-K — Workhorse Group Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K/A — Workhorse Group Inc. | View Filing | |
| edgar index | 3 — Workhorse Group Inc. | View Filing | |
| edgar index | 3 — Workhorse Group Inc. | View Filing | |
| edgar index | 3/A — Workhorse Group Inc. | View Filing | |
| form 3 | Form 3 — GMIT Lending Company, LLC | View Filing | |
| form 3 | Form 3 — MAGNESS GARY D | View Filing | |
| form 3 | Form 3 — Motive GM Holdings II, LLC | View Filing | |
| edgar index | 8-K — Workhorse Group Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Workhorse Group Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 144 — Workhorse Group Inc. | View Filing | |
| edgar index | 3 — Workhorse Group Inc. | View Filing | |
| form 3 | Form 3 — Motive GM Holdings II, LLC | View Filing | |
| edgar index | 4 — Workhorse Group Inc. | View Filing | |
| edgar index | SCHEDULE 13D — Workhorse Group Inc. | View Filing | |
| edgar index | 4 — Workhorse Group Inc. | View Filing | |
| edgar index | 4 — Workhorse Group Inc. | View Filing | |
| edgar index | 8-K — Workhorse Group Inc. | View Filing | |
| edgar index | 4 — Workhorse Group Inc. | View Filing | |
| edgar index | 4 — Workhorse Group Inc. | View Filing | |
| edgar index | 4 — Workhorse Group Inc. | View Filing | |
| edgar index | 3 — Workhorse Group Inc. | View Filing | |
| edgar index | 3 — Workhorse Group Inc. | View Filing | |
| edgar index | 3 — Workhorse Group Inc. | View Filing | |
| edgar index | 3 — Workhorse Group Inc. | View Filing | |
| edgar index | 4 — Workhorse Group Inc. | View Filing | |
| edgar index | 4 — Workhorse Group Inc. | View Filing | |
| edgar index | 4 — Workhorse Group Inc. | View Filing | |
| edgar index | 4 — Workhorse Group Inc. | View Filing | |
| edgar index | 4 — Workhorse Group Inc. | View Filing | |
| edgar index | 4 — Workhorse Group Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — DAUCH RICHARD F | View Filing | |
| form 4 | Form 4 — DAUCH RICHARD F | View Filing | |
| form 4 | Form 4 — DAUCH RICHARD F | View Filing | |
| form 4 | Form 4 — DAUCH RICHARD F | View Filing | |
| form 4 | Form 4 — DAUCH RICHARD F | View Filing | |
| form 4 | Form 4 — DAUCH RICHARD F | View Filing | |
| form 4 | Form 4 — DAUCH RICHARD F | View Filing | |
| form 4 | Form 4 — DAUCH RICHARD F | View Filing | |
| form 4 | Form 4 — DAUCH RICHARD F | View Filing | |
| form 4 | Form 4 — DAUCH RICHARD F | View Filing | |
| form 4 | Form 4 — DAUCH RICHARD F | View Filing | |
| form 4 | Form 4 — DAUCH RICHARD F | View Filing | |
| form 4 | Form 4 — GINNAN ROBERT M | View Filing | |
| form 4 | Form 4 — GINNAN ROBERT M | View Filing | |
| form 4 | Form 4 — GINNAN ROBERT M | View Filing | |
| form 4 | Form 4 — GINNAN ROBERT M | View Filing | |
| form 4 | Form 4 — GINNAN ROBERT M | View Filing | |
| form 4 | Form 4 — GINNAN ROBERT M | View Filing | |
| form 4 | Form 4 — GINNAN ROBERT M | View Filing | |
| form 4 | Form 4 — GINNAN ROBERT M | View Filing | |
| form 4 | Form 4 — GINNAN ROBERT M | View Filing | |
| form 4 | Form 4 — DEDO JACQUELINE A | View Filing | |
| form 4 | Form 4 — DEDO JACQUELINE A | View Filing | |
| form 4 | Form 4 — DEDO JACQUELINE A | View Filing | |
| form 4 | Form 4 — Harrington James D. | View Filing | |
| form 4 | Form 4 — Harrington James D. | View Filing | |
| form 4 | Form 4 — Harrington James D. | View Filing |