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

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

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

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.

Arrival Group

Ford Motor Company

General Motors

Proterra

QuantumScape

Rivian Automotive

Electric vehicle stocks were arguably the most attractive investments during the bull market of 2020. With an incredible outlook ahead for the sector, the surge of their value was justified.

7 Electric Vehicle Stocks With the Most Potential for 2023 and Beyond

Blink Charging

ChargePoint Holdings

Fisker Inc

The climate and energy provisions within the budget recently passed by Congress have the electric vehicle (EV) sector buzzing. Clearly, some EV makers will gain from the legislation and some will lose, so investors must have their due diligence in place when investing in EV stocks.

7 EV Stocks Set to Soar on the Electric Vehicle Tax Credit News

Mullen Automotive

Lordstown Motors

Electric vehicle (EV) stocks have had a tumultuous few years. A number of factors have made some electric-vehicle stocks very risky for investors.

3 EV Stocks That Won't Exist by 2024

A potential contract with FedEx has Ford shares in the spotlight but investors shouldn't count out Workhorse Group in the race for EV delivery.

Is Ford About To Crush Workhorse Group?

Workhorse Group had a rough 2Q but the company is ready to get back on the horse after hiring a new CEO and regrouping for success.

Workhorse Group Is Ready To Get Back On The Horse

Workhorse Group's second-quarter revenue of $12,600 looks like a typo. But the maker of medium-duty electric delivery vans and chassis needs to put up with snickers and head-scratching for a while longer.

Workhorse shares tank on anemic Q2 revenue

Workhorse Group, Inc. (NASDAQ:WKHS ) Q2 2022 Earnings Conference Call August 9, 2022 10:00 AM ET Company Participants Stan March - VP, Corporate Development & Communications Richard Dauch - President, CEO & Director Robert Ginnan - CFO Conference Call Participants Jeffrey Osborne - Cowen and Company Gregory Lewis - BTIG Colin Rusch - Oppenheimer Michael Shlisky - D.A. Davidson & Co. Christopher Souther - B.

Workhorse Group, Inc. (WKHS) CEO Richard Dauch on Q2 2022 Results - Earnings Call Transcript

Workhorse (WKHS) delivered earnings and revenue surprises of 0% and 87%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Workhorse Group (WKHS) Reports Q2 Loss, Misses Revenue Estimates

Workhorse now expects to manufacture and sell between 150 to 250 vehicles in 2022.

Workhorse Cuts Its Sales Outlook for 2022. The Stock Is Sinking.

The electric-vehicle maker still hasn't restarted production after a major recall last year.

Why Workhorse Stock Plunged Today

Workhorse cut its deliveries estimate for the full year, blaming supply-chain issues. But the company said it's still on track for longer-term milestones.

Workhorse Group shares fall sharply after company cuts 2022 electric vehicle delivery guidance

Shares of Workhorse Group Inc. WKHS, -10.74% tumbled 10.0% in morning trading Tuesday, after the electric vehicle maker reported second-quarter results that missed expectations, as vehicle sales fell, and lowered its full-year outlook. The net loss narrowed to $21.2 million, or 13 cents a share, from $43.6 million, or 35 cents a share, in the year-ago period.

Workhorse stock tumbles after EV maker misses revenue expectations, cuts full-year outlook

CINCINNATI, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”) an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, today reported financial results for the second quarter ended June 30, 2022.

Workhorse Group Reports Second Quarter 2022 Results

Nikola

Polestar Automotive Holding UK PLC

In the world of speculative electric vehicle (EV) stocks, it's a great day to be an investor. As of early afternoon trading, shares of Workhorse (NASDAQ: WKHS ), Nikola (NASDAQ: NKLA ), Fisker (NYSE: FSR ) and Polestar (NASDAQ: PSNY ) have all surged on a mixed day in equity markets.

Why Are EV Stocks WKHS, NKLA, FSR, PSNY Up Today?

Workhorse has overcome the safety issues that started its precipitous fall with measures such as expanding management. Production on their flagship truck is expected to begin in the second half of this year.

Workhorse: Resolving Concerns And Gearing Up For Production

GreenPower Motor Co.

LOS ANGELES , Aug. 3, 2022 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of zero-emission, electric-powered, medium and heavy-duty vehicles, today announced the delivery of the first tranche of EV Star Cab and Chassis (EV Star CC) to Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse") for the Production of Workhorse's New Class 4 W750 Step Van Line. On March 1 st, 2022 GreenPower and Workhouse announced a multi-year supply agreement to facilitate the manufacturing and delivery of medium-duty Class 4 step vans into the North American market.

GreenPower Completes First Deliveries of EV Star Cab and Chassis to Workhorse for the Production of Workhorse's New Class 4 W750 Step Van

AYRO

Arcimoto

[Editor's note: “4 EV Stocks to Sell Before the Great EV Consolidation Kills Them ” was previously published in June 2022 . It has since been updated to include the most relevant information available.

4 EV Stocks to Sell Before the Great EV Consolidation Kills Them

Electrameccanica

There's a point at which any sector starts to look attractive, and we're getting there with these electric vehicle stocks right now. The post 3 Electric Vehicle Stocks That Are Too Cheap to Ignore appeared first on InvestorPlace.

3 Electric Vehicle Stocks That Are Too Cheap to Ignore

The U.S. Postal Service is now planning to buy more electric vehicles than it previously said.

Why Workhorse Group Shares Are Accelerating Today

Workhorse (WKHS) stock is on the rise Wednesday as investors react to reports that the USPS wants to buy more electric vehicles (EVs). The post Why Is Workhorse (WKHS) Stock 16% Today?

Why Is Workhorse (WKHS) Stock 16% Today?

The USPS plans to buy thousands of vehicles "off the shelf," including "as many [battery electric vehicles, or] BEVs as are commercially available."

The USPS Is Leaning Harder Into EVs. Workhorse Stock Is Jumping.

Workhorse Group Inc (NASDAQ: WKHS) shares are trading higher by 13.42% to $3.55 Wednesday morning after the USPS said it plans to purchase additional electric delivery vehicles including over 34,000 commercially available off-the-shelf vehicles. Why it Matters Workhorse was previously a potential.

Workhorse Stock Is Popping Off Today: Here's Why

Canoo

Kandi Technologies Group Inc

While the electrification of transportation may be the future, not everyone will win as this list of electric vehicle stocks to sell may prove. The post 3 Electric Vehicle Stocks to Sell Now appeared first on InvestorPlace.

3 Electric Vehicle Stocks to Sell Now

Workhorse is burning through its cash reserves just as its capital expenditure requirements are set to increase. The company likely does not have enough liquidity to start the production of its new vehicles.

If Workhorse Fails, It Fails

Romeo Power

It seems the EV industry consolidation will happen rapidly over the next 12 months. And I expect dozens of EV stocks to plunge to zero.

News for Workhorse Group Stock (WKHS)