Workhorse Group Inc. (WKHS)
NASDAQ: WKHS
· Real-Time Price · USD
1.64
-0.13 (-7.34%)
At close: Aug 15, 2025, 3:59 PM
1.69
2.74%
After-hours: Aug 15, 2025, 07:57 PM EDT
Workhorse Income Statement
Financials in USD. Fiscal
year is
January - December.
| Fiscal Year | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
| Period Ending | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
Revenue | 5.92M | 6.62M | 9.1M | 9.62M | 12.74M | 13.09M | 12.14M | 10.66M | 6.7M | 5.02M | -423.6K | -2.55M | -1.36M | -851.92K | 1.8M | 2.94M | 1.83M |
Cost of Revenue | 26.56M | 28.84M | 39.42M | 39.34M | 40.47M | 38.35M | 41.53M | 44.48M | 39.08M | 37.67M | 116.38M | 118.41M | 130.19M | 132.49M | 39.56M | 30.83M | 17.54M |
Gross Profit | -20.65M | -22.23M | -30.33M | -29.72M | -27.72M | -25.26M | -29.39M | -33.83M | -32.37M | -32.65M | -116.8M | -120.96M | -131.55M | -133.34M | -37.76M | -27.89M | -15.72M |
Operating Income | -63M | -73.89M | -93.58M | -100.47M | -103.48M | -105.3M | -109.47M | -137.26M | -134.8M | -129.08M | -210.17M | -186.83M | -200.19M | -333.42M | 94.21M | 109.9M | 137.34M |
Interest Income | n/a | n/a | n/a | 410.98K | 916.48K | 916.48K | 1.37M | 986.33K | 480.83K | 480.83K | 27.72K | 2M | 2M | 2.01M | 2.01M | 9.47K | 21.33M |
Pretax Income | -93.4M | -101.91M | -125.98M | -131.49M | -128.19M | -124.03M | -117.32M | -122.08M | -120.22M | -117.27M | -188.66M | -274.48M | -298.22M | -414.31M | -1.96M | 35.15M | -51.29M |
Net Income | -93.28M | -101.79M | -125.87M | -131.38M | -128.08M | -123.92M | -116.63M | -121.39M | -119.63M | -118.91M | -237.04M | -282.75M | -305.12M | -401.34M | 35.24M | 32.23M | -55.49M |
Selling & General & Admin | 35.2M | 42.51M | 49.01M | 53.04M | 54.98M | 55.57M | 53.98M | 76.97M | 76M | 73.22M | 75.38M | 51.21M | 45.19M | 40.16M | 29.16M | 24.53M | 21.48M |
Research & Development | 7.15M | 9.15M | 14.25M | 17.7M | 20.77M | 24.47M | 26.1M | 26.46M | 26.43M | 23.21M | 17.99M | 14.66M | 11.76M | 11.61M | 12.8M | 11.62M | 11.11M |
Other Expenses | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 11.7M | 27.21M | -295.04M | -295.04M | -306.74M |
Operating Expenses | 42.35M | 51.66M | 63.26M | 70.75M | 75.75M | 80.04M | 80.08M | 103.43M | 102.43M | 96.43M | 93.37M | 65.87M | 68.64M | 200.08M | -131.97M | -137.79M | -153.05M |
Interest Expense | 13.48M | 18.91M | 29.1M | 21.2M | 16.54M | 11.11M | 1.18M | 770.21K | 360.13K | 692.84K | 13.14M | 15.14M | 17.03M | 18.69M | 14.25M | 13.79M | 13.23M |
Selling & Marketing Expenses | n/a | n/a | 1.2M | 1.2M | 1.2M | 1.2M | 1M | 1M | 1M | 1M | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Cost & Expenses | 68.92M | 80.5M | 102.68M | 110.09M | 116.22M | 118.39M | 121.61M | 147.92M | 141.5M | 134.11M | 209.75M | 184.29M | 198.83M | 332.57M | -92.41M | -106.96M | -135.51M |
Income Tax Expense | -117.06K | -117.06K | -110.52K | -110.52K | -110.52K | -110.52K | -686.14K | -686.17K | -590.75K | 1.63M | 2.31M | -613.94K | -1.99M | -21.85M | n/a | 77.24M | 78.52M |
Shares Outstanding (Basic) | 19.69M | 19.69M | 18.84M | 17.98M | 17.98M | 17.98M | 10.79M | 9.28M | 8.36M | 8.15M | 8.01M | 7.96M | 7.6M | 7.6M | 6.18M | 6.17M | 6.13M |
Shares Outstanding (Diluted) | 19.69M | 19.69M | 18.84M | 17.98M | 17.98M | 17.98M | 10.79M | 9.28M | 8.36M | 8.15M | 8.01M | 7.96M | 7.6M | 7.6M | 6.18M | 6.17M | 6.13M |
EPS (Basic) | -14.24 | -14.81 | -6.58 | -8.44 | -9.46 | -10.83 | -12.97 | -14.55 | -14.74 | -14.95 | -30.84 | -39.55 | -43.95 | -60.4 | 6.16 | 3.62 | -24.47 |
EPS (Diluted) | -14.59 | -15.16 | -6.93 | -8.44 | -9.46 | -10.83 | -12.97 | -14.55 | -14.74 | -14.95 | -30.84 | -39.55 | -43.95 | -60.4 | 6.16 | 3.62 | -24.47 |
EBITDA | -60.85M | -71.76M | -86.61M | -94.36M | -98.68M | -101.82M | -105.51M | -133.71M | -131.61M | -126.21M | -201.43M | -234.73M | -256.5M | -372.82M | -274.57M | -202.7M | -289.7M |
EBIT | -68.78M | -79.67M | -93.58M | -100.47M | -103.48M | -105.3M | -108.97M | -136.76M | -134.3M | -128.59M | -187.06M | -220.25M | -242.11M | -358.41M | 49.49M | 194.48M | 107.76M |
Depreciation & Amortization | 7.93M | 7.91M | 6.97M | 6.27M | 5.38M | 4.06M | 3.86M | 3.56M | 3.36M | 3.04M | 2.8M | 2.41M | 1.92M | 1.91M | 1.58M | 1.23M | 949.03K |