Workhorse Group Inc.WKHS
What Workhorse Group Inc. does.
Workhorse Group Inc. (“Workhorse”, the “Company”, “we”, “us”, or “our”) is a North American manufacturer of medium-duty electric trucks and buses. Our primary focus is to provide sustainable and cost-effective solutions to the commercial transportation sector. We design and manufacture all-electric vehicles, including the technology that optimizes the way that these vehicles operate. The company’s best-in-class vehicles are designed for last-mile delivery, medium-duty operations, and a growing range of specialized applications.
We are an American-based Original Equipment Manufacturer (“OEM”), and our products are marketed under the Workhorse® and Motiv® brands. Our vehicles are assembled in our Union City, IN production facility, or by contract manufacturers, using domestic and globally-sourced components.
We continue to seek opportunities to grow the business organically, and by expanding relationships with existing and new customers and dealers. We believe we are well positioned to take advantage of long-term opportunities and continue our efforts to bring product innovations to market.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.4M | -$851,922 | $5.0M | $13.1M | $7.0M | $21.2M |
| Net income | $69.8M | -$401.3M | -$117.3M | -$123.9M | -$51.6M | -$64.1M |
| Free cash flow | -$76.0M | -$137.9M | -$111.3M | -$141.7M | -$42.9M | -$36.2M |
More on WKHS.
- Workhorse Group Inc. summary
- Workhorse Group Inc. financial statements
- Workhorse Group Inc. key metrics
- Workhorse Group Inc. health scores and style box
- Workhorse Group Inc. earnings
- Workhorse Group Inc. dividends
- Workhorse Group Inc. valuation
- Workhorse Group Inc. ownership and insiders
- Workhorse Group Inc. peers
Figures from Workhorse Group Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.