Stocktoria
Workhorse Group Inc. WKHS
Nasdaq · XNAS · stock · Motor Vehicles & Passenger Car Bodies · website · IPO 2009-07-14
Workhorse Group Inc. financials (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $21.2M | $7.0M | $13.1M | $5.0M | -$851,922 |
| Gross profit | -$9.6M | -$6.1M | -$25.3M | -$32.6M | -$133.3M |
| R&D expense | $13.2M | $12.9M | $24.5M | $23.2M | $11.6M |
| SG&A expense | $24.7M | $16.0M | $55.6M | $73.2M | $40.2M |
| Operating income | -$47.4M | -$41.3M | -$105.3M | -$129.1M | -$185.1M |
| Income tax | $4,000 | $1,000 | -$110,524 | $0 | -$21.8M |
| Net income | -$64.1M | -$51.6M | -$123.9M | -$117.3M | -$401.3M |
| EPS (diluted) | $-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 |
| Cash & equivalents | $12.2M | $6.6M | $25.8M | $99.3M | $201.6M |
| Inventory | $39.1M | $21.4M | $45.4M | $8.9M | $10.1M |
| Total assets | $117.9M | $37.4M | $141.7M | $182.7M | $228.1M |
| Total liabilities | $74.8M | $78.2M | $58.6M | $74.2M | $53.4M |
| Shareholders' equity | $43.0M | -$40.8M | -$55.6M | $108.6M | $174.7M |
Source: SEC EDGAR filings · CIK 0001425287 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.