Workhorse Group Inc. (WKHS)
↓ Download CSV- Sector Manufacturing
- Incorporated NV
- Fiscal year ends Dec 31
In fiscal 2025, Workhorse Group Inc. reported revenue of $21.21M, up 201.1% from the prior year. The company ran a net loss, with a net margin of -302.1% and a gross margin of -45.0%. It held $117.89M in total assets against $74.85M in total liabilities.
Key ratios (FY2025)
-45.0%
Gross margin
-223.7%
Operating margin
-302.1%
Net margin
-148.9%
Return on equity
+201.1%
Revenue growth (YoY)
| Metric (FY) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.21M | $7.04M | $13.09M | $5.02M | -$851.9K | $1.39M | $376.6K | $763.2K | — | — |
| Cost of Revenue | $30.77M | $13.19M | $38.35M | $37.67M | $132.49M | $13.07M | $5.84M | $7.98M | $24.40M | $13.58M |
| Gross Profit | -$9.55M | -$6.15M | -$25.26M | -$32.65M | -$133.34M | -$11.67M | -$5.47M | -$15.19M | -$14.48M | -$7.16M |
| Operating Income | -$47.44M | -$41.33M | -$105.30M | -$129.08M | -$185.11M | -$40.98M | -$23.87M | -$34.07M | — | — |
| Net Income | -$64.09M | -$51.59M | -$123.92M | -$117.27M | -$401.34M | $69.78M | -$37.16M | -$36.50M | -$41.22M | -$19.56M |
| EPS (Diluted) | $-6.76 | $-9.43 | $-149.45 | $-0.74 | $-3.12 | $0.70 | $-0.58 | — | — | — |
| Total Assets | $117.89M | $37.41M | $141.67M | $182.74M | $228.14M | $632.54M | $50.67M | $11.80M | $16.50M | $10.24M |
| Total Liabilities | $74.85M | $78.23M | $58.56M | $74.16M | $53.45M | $237.34M | $85.59M | — | — | — |
| Shareholders' Equity | $43.04M | -$40.82M | -$55.64M | $108.59M | $174.69M | $395.20M | -$34.91M | -$15.42M | $3.51M | $3.82M |
| Cash & Equivalents | $12.92M | $6.63M | $25.85M | $99.28M | $201.65M | $46.82M | $23.87M | $1.51M | $4.07M | $469.6K |
| Operating Cash Flow | -$35.55M | -$38.15M | -$123.02M | -$93.82M | -$132.58M | -$70.28M | -$36.87M | -$21.75M | -$38.66M | -$19.03M |
| Capital Expenditures | $603.0K | $4.76M | $18.69M | $17.50M | $5.31M | $5.73M | $2.00M | $23.2K | $143.4K | $528.1K |
| Shares Outstanding | 9.70M | 1.14M | 1.14M | 165.61M | 151.92M | 121.92M | 67.11M | 58.27M | 41.53M | 27.58M |