FY2025 · ended Dec 31, 2025 · Revenue $21.21M, +201.1% YoY · Filed Mar 31, 2026
Workhorse Group Inc. (WKHS) files with the SEC under industry code 3711, Motor Vehicles & Passenger Car Bodies. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $21.2 million and a net loss of $64.1 million. Free cash flow was -$36.2 million. As of Jun 30, 2026 it held $9.6 million in cash and investments and $76.1 million in total debt.
Revenue (TTM)
$27.21M
+302.6% vs year-ago TTM
Net income (TTM)
$-78.64M
-263.8% vs year-ago TTM
Operating cash flow (TTM)
$-54.43M
-82.6% vs year-ago TTM
Free cash flow (TTM)
$-55.03M
-77.1% vs year-ago TTM
EPS (TTM)
$-7.85
-242.0% vs year-ago TTM
Dividend per share
None
Shares outstanding
10.89M
+4.2% vs prior year
Net cash
$-66.50M
as of Jun 30, 2026
Operating margin
-256.8%
FY 2026
Company profile
- Industry
- Motor Vehicles & Passenger Car Bodies (SIC 3711)
- Listed as
- WKHS (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- NV
- Headquarters
- Wixom, MI
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1425287
- Former names
- AMP Holding Inc. (until Apr 8, 2015); Title Starts Online, Inc. (until May 25, 2010)
Other Motor Vehicles & Passenger Car Bodies companies
- Tesla, Inc. TSLA
- Toyota Motor CORP/ TM
- General Motors Co GM
- Ferrari N.V. RACE
- Paccar Inc PCAR
- Ford Motor Co F
- Honda Motor Co Ltd HMC
- Rivian Automotive, Inc. / DE RIVN
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $21.2M | $7.0M | $13.1M | $5.0M | — |
| Operating income | -$47.4M | -$41.3M | -$105.3M | -$129.1M | -$185.1M |
| Net income | -$64.1M | -$51.6M | -$123.9M | -$117.3M | -$401.3M |
| Diluted EPS | -$6.76 | -$9.43 | -$149.45 | -$0.74 | -$3.12 |
| Operating cash flow | -$35.6M | -$38.2M | -$123.0M | -$93.8M | -$132.6M |
| Free cash flow | -$36.2M | -$42.9M | -$141.7M | -$111.3M | -$137.9M |
| Total assets | $117.9M | $37.4M | $141.7M | $182.7M | $228.1M |
| Total liabilities | $74.8M | $78.2M | $58.6M | $74.2M | $53.4M |
| Stockholders' equity | $43.0M | -$40.8M | -$55.6M | $108.6M | $174.7M |
| Cash and investments | $12.9M | $6.6M | $25.8M | $109.3M | $201.6M |
| Total debt | $22.4M | $1.5M | $8.8M | $10.1M | $1.6M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement, New debt
|
Nov 2, 2026 | Oct 27, 2026 |
| 8-K |
Current report
Material agreement, Regulation FD disclosure, Other events
|
Oct 29, 2026 | Oct 28, 2026 |
| 8-K |
Current report
Officer or director change
|
Sep 28, 2026 | Sep 22, 2026 |
| 10-Q | Quarterly report | Aug 13, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 13, 2026 | Aug 13, 2026 |
| 8-K |
Current report
Material agreement, New debt, Unregistered share sale, Other events
|
Aug 12, 2026 | Aug 11, 2026 |
All 1001 Workhorse Group Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.