Workhorse Group Inc., a technology company, designs, manufactures, builds and sells aircraft and battery electric vehicles in the United States. The company is headquartered in Loveland, Ohio.
| Revenue (TTM) | $24.39M |
| Gross Profit (TTM) | $-15.96M |
| EBITDA | $-49.90M |
| Operating Margin | -487.30% |
| Return on Equity | -247.70% |
| Return on Assets | -30.30% |
| Revenue/Share (TTM) | $2.53 |
| Book Value | $4.44 |
| Price-to-Book | 1.11 |
| Price-to-Sales (TTM) | 1.18 |
| EV/Revenue | 2.926 |
| EV/EBITDA | -0.62 |
| Quarterly Earnings Growth (YoY) | 19044.00% |
| Quarterly Revenue Growth (YoY) | 278.10% |
| Shares Outstanding | $10.89M |
| Float | $3.72M |
| % Insiders | 60.89% |
| % Institutions | 6.97% |
Volatility is currently contracting
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Revenue of $4.3 million in Q1 2026, compared to $1.1 million in Q1 2025 on a comparable GAAP basis Delivered 21 vehicles in Q1 2026, compared to 5 vehicles in Q1 2025 Announced 100-vehicle W56 purchase order from Gateway Fleets, with deliveries expected to begin in July 2026; combined with Purolator 100 vehicle order and other unannounced orders, drives total contracted backlog of 200+ vehicles since merger close Launched 140 kWh W56 battery configuration and limited-time promotional pricing on 210 kWh W56, driving new commercial activity On track to exit 2026 at $20 million annualized cost synergy run rate; facility consolidation to Union City, Indiana complete DETROIT, May 14, 2026 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS) ("Workhorse" or the "Company"), a North American OEM and provider of all-electric trucks, step vans, shuttles and buses, today reported financial results for the first quarter ended March 31, 2026. Today's results represent the Company's first full quarter as a combined company following the completion of its merger with Motiv Electric Trucks in December 2025.
Professional-grade access to trained support specialists is designed to help customers diagnose and resolve root causes of issues more quickly across vehicle, charging, hardware and software platforms Professional-grade access to trained support specialists is designed to help customers diagnose and resolve root causes of issues more quickly across vehicle, charging, hardware and software platforms
Innovative EV fleet solutions provider to deploy W56 step vans across electrified sites, delivering a fully integrated vehicle and charging solution Innovative EV fleet solutions provider to deploy W56 step vans across electrified sites, delivering a fully integrated vehicle and charging solution
Conference call scheduled for Thursday, May 14, 2026, at 4:30 p.m. Eastern time Conference call scheduled for Thursday, May 14, 2026, at 4:30 p.m. Eastern time
Price reductions of up to $61,000 expected to make electric step vans a more attractive option for fleets impacted by high fuel prices Price reductions of up to $61,000 expected to make electric step vans a more attractive option for fleets impacted by high fuel prices
New configuration purpose-built for the needs of in-city, last-mile package delivery Lower entry price combined with 100-mile range offers more affordable option for companies seeking to diversify fleets as a hedge against rising fuel prices DETROIT, March 25, 2026 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS) (“Workhorse”), a North American OEM and provider of all-electric trucks, step vans, shuttles and buses, today announced the availability of a new W56 Step Van model with a 140 kWh battery. The new model is based on the same platform as the 210 kWh Workhorse W56 step van, which is renowned for its spacious cargo, ergonomic design, reliability and durability and comes in two wheelbases (Standard and Extended).
