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

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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

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

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Operating income

EBITDA

Net income

Earnings per share

Total assets

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Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

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Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

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.

Canoo

Rivian Automotive

Tesla rolled out its first production model Cybertruck last weekend. Rivian stock is struggling to maintain traction, while Workhorse and Canoo are trying to raise cash.

Why Rivian, Workhorse, and Canoo Stocks Are Slumping

Faraday Future Intelligent Electric

Mullen Automotive

Lordstown Motors

Lordstown Motors Corp

As this year's bull market rages on, short squeeze electric vehicle (EV) stocks have received renewed interest from investors. Indeed, there are a number of potential EV makers whose stock price has, in some investors' minds, been overblown to the point where a squeeze has become inevitable.

Short Squeeze EV Stocks: 5 Automakers Primed to Pop

Arcimoto

Nikola

Electrameccanica

Volcon

The electric vehicle industry is booming, creating trillions of dollars of value. However, among some of the top electric vehicle stocks to consider, there are a few bad apples, or what we'll refer to as doomed EV stocks.

7 Doomed EV Stocks Destined for Disaster

CINCINNATI, July 12, 2023 (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 it has engaged Burr Truck and Trailer Sales (“Burr Truck”) as its first distribution and service partner in New York state, making it the initial Workhorse dealership in the northeastern United States.

Workhorse Group Engages Burr Truck and Trailer Sales as its First Distribution and Service Partner in New York

Tesla

Ford Motor Company

Kandi Technologies Group Inc

Li Auto Inc.

XPeng

Sales of electric vehicles are continuing to grow, but at a slower pace, according to Cox Automotive, which provides marketing and financing services to the auto industry.

EV Mixed Signals: Sales Are Rising, But Inventory Slower To Move

Workhorse (WKHS) begins production of W750 vans in its Union City manufacturing plant and signs a deal with Smyrna Truck to expand its network for customers.

Workhorse (WKHS) Commences Production of W750 Electric Van

In an effort to spark some much-needed relevance, commercial fleet electric vehicle (EV) manufacturer Workhorse (NASDAQ: WKHS ) just delivered two major announcements. First, the company has begun production of its cargo van at a manufacturing facility in Union City, Indiana.

WKHS Stock Alert: Workhorse Just Announced 2 Big Milestones

CINCINNATI, June 27, 2023 (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 it has started production of the W750 at its manufacturing facility in Union City, Indiana. The Company also announced it has entered into a partnership with Smyrna Truck to be its first certified electric vehicle (“EV”) dealer in Georgia.

Workhorse Group Begins W750 Production and Announces Smyrna Truck to be its First Certified Dealership in Georgia

A struggling electric vehicle (EV) penny stock may be about to get a lift. Workhorse Group (NASDAQ: WKHS ) is still recovering from a tough year marked by high volatility.

WKHS Stock Alert: Workhorse Receives HorseFly Drone Order

CINCINNATI, June 20, 2023 (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 received its first commercial drone purchase orders for HorseFly™ . The Company received purchase orders for two commercial drones, including one from Valqari, a Chicago-based smart mailbox company with international exposure that works with companies, governments, and other organizations to shape the future of drone delivery.

Workhorse Group Announces First Commercial Drone Purchase Orders

Polestar Automotive Holding UK PLC

In today's session, EV stocks are once again in focus for investors. Whether it's Workhorse (NASDAQ: WKHS ), Lordstown Motors (NASDAQ: RIDE ), Canoe (NASDAQ: GOEV ), Polestar Automotive (NASDAQ: PSNY ), Nikola (NASDAQ: NKLA ) or Nio (NYSE: NIO ), there's a lot of green on the screen.

Why Are EV Stocks WKHS, RIDE, GOEV, PSNY, NKLA, NIO Up Today?

CINCINNATI, June 15, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, is scheduled to participate at the 9 th Annual ROTH London Conference , which is being held from June 20-22, 2023 at the Four Seasons Hotel London at Park Lane in London, UK.

Workhorse Group to Participate in the 9th Annual ROTH London Conference from June 20-22, 2023

Mullen Automotive (NASDAQ: MULN) and Workhorse Group (NASDAQ: WKHS) stock prices have plunged by double-digits this year. Workhorse shares have plunged by over 45% in 2023 while Mullen has fallen by over 94.60%.

Mullen Automotive (MULN) vs Workhorse: Better EV stock to buy?

CINCINNATI, June 08, 2023 (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 it showcased its W56 vehicle to members of Congress, policy makers, and other federal officials at the “Driving the Future: An Electric Vehicle Event” on June 7 in Washington D.C.

Workhorse Group Showcases W56 at CALSTART's Electric Vehicle Event at U.S. Capitol

Workhorse Group (NASDAQ: WKHS) stock price has been in a strong bearish trend as concerns about electric vehicle companies continued. The shares dropped to a low of $1.03, the lowest level since May 19th.

Workhorse stock price: debt-free but dilution risks remain

One lesson of investing is if you get washed out of a position, it's time to rethink the position, not abandon it entirely, and that is the case with Workhorse Group Inc. NASDAQ: WKHS. The initial thesis didn't pan out; the company recalled its first fleet of electric vehicles and threw them away, but it is back on its feet.

Workhorse Group: Consider Getting Back on the Horse

Workhorse Group reported a larger loss in the first quarter and is short on cash. But it made progress toward ramping up Class 4 electric stepvans and chassis cabs.

Workhorse Group Q1 loss grows but makeover nears completion

Workhorse Group Inc. (NASDAQ:WKHS ) Q1 2023 Earnings Conference Call May 15, 2023 10:00 AM ET Company Participants Rick Dauch - Chief Executive Officer Bob Ginnan - Chief Financial Officer Stan March - Vice President of Corporate Development and Communications Conference Call Participants Colin Rusch - Oppenheimer Jeff Osborne - TD Cowen Chris Souther - B. Riley Greg Lewis - BTIG Mike Shlisky - D.A.

Workhorse Group Inc. (WKHS) Q1 2023 Earnings Call Transcript

Workhorse Group (WKHS) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.15 per share a year ago.

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

CINCINNATI, May 15, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, today reported financial results for the first quarter ended March 31, 2023.

Workhorse Group Reports First Quarter 2023 Results

Bitfarms Ltd

In morning trading on Thursday, the Dow Jones industrials were down 1.14%, the S&P 500 down 0.64% and the Nasdaq 0.19% lower.

Earnings Previews: Bitfarms, Workhorse

CINCINNATI, May 02, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse ” or “the Company” ), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, announced the results of its annual stockholders' meeting held earlier today.

Workhorse Announces Annual Stockholders' Meeting Results

BlackBerry

Phoenix New Media Ltd.

Penny stocks with unusual options activity. The post Top Penny Stocks To Buy?

Top Penny Stocks To Buy? 3 To Watch With Unusual Options Action

CINCINNATI, May 02, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse ” or “the Company” ), an American technology company with a vision to pioneer the transition to zero emission commercial vehicles, today announced its attendance at the upcoming Advanced Clean Transportation Expo (“ACT Expo”), which is being held from May 1-4, 2023 in Anaheim, CA.

Workhorse Group to Highlight W56 Step Van Commercial Readiness at the ACT Expo on May 3, 2023

Arrival Group

Proterra

While not repeating the mantra that electric vehicles are the future can get you into trouble with the sector loyalists, we must at least agree that at least some enterprises deserve the title of worst EV stocks to sell. Fundamentally, while the underlying technology facilitates many opportunities, competition will likely be consolidated.

News for Workhorse Group Stock (WKHS)