Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Research and development

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Workhorse Group

Workhorse Group, Inc. is a technology company, which engages in the provision of sustainable solutions to the commercial transportation sector. It operates as an original equipment manufacturer, which designs and builds battery-electric vehicles including trucks and aircraft. The firm also creates all-electric delivery trucks and drone systems. The company was founded by Stephen S. Burns on February 20, 2007 and is headquartered in Loveland, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Workhorse Group advances product roadmap and optimizes financial strategies

Workhorse Group showcased progress in product development, market expansion, and financial management in Q1 2024, despite facing challenges in sales and cost management.
The company's strategic focus on operational efficiency, cost reduction, and liquidity management positions it well to navigate current market dynamics and capitalize on growth opportunities.
By addressing challenges, leveraging strengths, and exploring opportunities, Workhorse aims to enhance its market position, drive revenue growth, and ensure long-term sustainability.

Workhorse Group reduces expenses, eyes growth in competitive EV market

Workhorse Group demonstrated resilience in Q2 by reducing expenses and cash burn rate while focusing on strategic collaborations and product development.
Challenges in the EV market were addressed through cost reductions and actions to secure new orders and deliver products.
Opportunities for growth include leveraging partnerships, extending the financial runway, and positioning as a leader in the competitive EV market.
The company's proactive approach and commitment to long-term success position it well to navigate market challenges and capitalize on opportunities.

Workhorse secures key partnerships and aims for EV market growth

Workhorse Group's Q3 performance reflects a focus on efficiency, strategic partnerships, and product expansion in the commercial EV market.
While facing cash burn challenges, the company's strengths in cost savings, environmental benefits, and financial management position it for growth.
Opportunities lie in securing new orders, expanding the product portfolio, and capitalizing on the increasing demand for electric vehicles in the market.

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Cost of revenue

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Operating expenses

SG&A

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Operating income

EBITDA

Net income

Earnings per share

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Net PPE

Intangibles

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Minority interest

Total liabilities & equity

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Book value per share

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Capital expenditure

Purchase/sale of investments

Purchase/sale of business

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Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Workhorse Group, Inc. is a technology company, which provides sustainable solutions to the commercial transportation sector. It operates as an original equipment manufacturer, which designs and builds battery-electric vehicles including trucks and aircraft. The company was founded by Stephen S. Burns on February 20, 2007, and is headquartered in Sharonville, OH.

Workhorse (NASDAQ: WKHS ) stock is up more than 25% today after the commercial electric vehicle (EV) company announced that it had been awarded a procurement contract from government agency Sourcewell for Class 4-8 chassis and cabs and related equipment and service. “Sourcewell is dedicated to streamlining the procurement process and combines the purchasing power of numerous agencies into a single cooperative group,” said Workhorse.

WKHS Stock Alert: Workhorse Pops on EV Contract

CINCINNATI, July 16, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc.  (Nasdaq:  WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that it has been awarded a Sourcewell contract for procurement in the category of Class 4-8 chassis and cabs with related equipment, accessories, and services. This significant achievement allows Workhorse to expand its reach to government, educational, and nonprofit sectors within all 50 states and Canada.

Workhorse Awarded Sourcewell Contract for Zero-Emission Commercial Vehicles

CINCINNATI, July 10, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc.  (Nasdaq:  WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced the release of its latest innovation, the W56 with a 208-inch wheelbase. This extended wheelbase version of the W56 is designed to accommodate Workhorse's next-generation step van body, spanning 22 feet with an impressive cargo volume of 1,200 cubic feet.

Workhorse Introduces the W56 Extended Wheelbase Version

CINCINNATI, July 03, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc.  (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced the receipt of a formal notification from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with the minimum bid price of $1.00 per share, as required by Listing Rule 5550(a)(2).

Workhorse Group Regains Compliance with Nasdaq's Continued Listing Requirements

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CINCINNATI, July 01, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc.  (Nasdaq:  WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that its W750 medium-duty EV will be showcased by Electric Commercial Vehicles (ECV), a Workhorse Certified Dealer, at the 14th Annual Clean Energy Roadshow. The event, which is hosted by Georgia's Public Service Commissioner Tim Echols and is recognized as state's largest showcase for alternative fuel fleet vehicles, will feature the W750 at three key locations: Riverside Epicenter in Austell on July 9, Savoy Automotive Museum in Cartersville on July 10, and Gwinnett Technical College North Fulton Campus in Alpharetta on July 11.

Workhorse W750 to be Showcased at the Georgia Clean Energy Roadshow by Electric Commercial Vehicles

CINCINNATI, June 27, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc.  (Nasdaq:  WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, announced a new upfit program in partnership with Surefitters, a leader in truck and van upfitting based in Rosemount, MN. Through this partnership, Workhorse will offer a range of upfit options for its medium-duty commercial EVs.

Workhorse Expands Product Offering with Upfit Solutions from Surefitters

Workhorse (WKHS) joins hands with Eco Auto, located in Tewksbury, MA, to expand its Certified Dealer Network.

Workhorse (WKHS) Adds Eco Auto to Its Certified Dealer Network

CINCINNATI, June 26, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc.  (Nasdaq:  WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced the addition of Eco Auto to its Workhorse Certified Dealer Network. Eco Auto is Workhorse's first dealer in the Greater Boston area and its 13th dealer nationwide.

Workhorse Expands Certified Dealer Network with Eco Auto of North Boston

Workhorse Group (NASDAQ: WKHS) is in focus this morning after it started trading on a split-adjusted basis.  Workhorse stock is losing after the stock split Last week, the electric vehicles company announced a reverse stock split (1-for-20) to regain compliance with requirements to remain listed on Nasdaq.

Has Workhorse stock regained Nasdaq compliance?

Troubled electric vehicle (EV) company Workhorse (NASDAQ: WKHS ) just held a 1-for-20 reverse stock split to maintain the Nasdaq's minimum bid price requirement. The reverse split brought the price of shares from 15 cents to $3 apiece.

Will a 1-for-20 Reverse Split Save Workhorse (WKHS) Stock?

Workhorse (NASDAQ: WKHS ) stock is a hot topic on Thursday after the technology company announced plans for a one-for-20 reverse stock split. Workhorse is moving forward with plans for a reverse stock split after getting approval from investors during its 2024 Annual Shareholder Meeting.

Workhorse (WKHS) Stock Plunges 11% on 1-for-20 Reverse Stock Split

CINCINNATI, June 13, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that it will effect a 1-for-20 reverse stock split of its common stock, par value $0.001 per share. The common stock will continue to be traded on Nasdaq under the symbol “WKHS” and will begin trading on a reverse split-adjusted basis when the market opens on June 17, 2024.

Workhorse Group Announces 1-for-20 Reverse Stock Split

CINCINNATI, June 12, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS) ("Workhorse" or the "Company"), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced a strategic collaboration with Kingsburg Truck Sales (“Kingsburg"), its certified dealer based in Kingsburg, California, as well as the completion of the previously disclosed divestiture of its Aero business. These developments highlight Workhorse's ongoing efforts to address the needs of California's commercial truck and small fleet owners amid the enforcement of California Air Resources Board (CARB) regulations, while also streamlining its business to focus on core strengths.

Kingsburg Truck Sales Bolsters Workhorse Partnership as Workhorse Sharpens Commercial EV Focus

Workhorse Group Inc. (NASDAQ:WKHS ) Q1 2024 Results Conference Call May 24, 2024 10:00 AM ET Company Participants Stan March - VP, Corporate Development and Communications Rick Dauch - Chief Execuitve Officer Bob Ginnan - Chief Financial Officer Conference Call Participants Mike Shlisky - D.A. Davidson Jeff Osborne - TD Cowen Craig Irwin - ROTH Capital Partners Operator Hello, and welcome to the Workhorse Group Q1 2024 Earnings Conference Call.

Workhorse Group Inc. (WKHS) Q1 2024 Earnings Call Transcript

Workhorse Group (WKHS) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.15 per share a year ago.

Workhorse Group (WKHS) Reports Q1 Loss, Lags Revenue Estimates

CINCINNATI, May 20, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the first quarter ended March 31, 2024.

Workhorse Group Reports First Quarter 2024 Results

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CINCINNATI, May 16, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced its upcoming participation as an exhibitor at the Advanced Clean Transportation Expo 2024 (“ACT Expo”).

Workhorse to Showcase Industry-Leading Electric Commercial Vehicles at ACT Expo in Las Vegas

CINCINNATI, May 14, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that at its 2024 Annual Meeting of Stockholders (the “Annual Meeting”), Workhorse stockholders voted to approve key proposals that enable the Company to continue executing its strategic commercial vehicle product roadmap.

Workhorse Group Stockholders Approve Key Proposals at Annual Meeting

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CINCINNATI, April 24, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced the addition of Milea Truck Sales and Leasing to its growing Certified Dealer network. With locations in the Bronx and Brooklyn, Milea Truck Sales and Leasing marks Workhorse's second dealer partner in New York state , 12th dealer nationwide, and its latest addition to the Certified Dealer Program.

Workhorse Group Adds Milea Truck Sales and Leasing, Expanding New York Presence

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News for Workhorse Group Stock (WKHS)