Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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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

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Year over year growth in Revenue and Operating Expenses.

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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 Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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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

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.

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Cost of revenue

Gross profit

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Operating income

EBITDA

Net income

Earnings per share

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Capital expenditure

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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.

Workhorse (WKHS) joins hands with Eco Auto, located in Tewksbury, MA, to expand its Certified Dealer Network.

Workhorse (WKHS) Adds Eco Auto to Its Certified Dealer Network

CINCINNATI, June 26, 2024 (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 the addition of Eco Auto to its Workhorse Certified Dealer Network. Eco Auto is Workhorse's first dealer in the Greater Boston area and its 13th dealer nationwide.

Workhorse Expands Certified Dealer Network with Eco Auto of North Boston

Workhorse Group (NASDAQ: WKHS) is in focus this morning after it started trading on a split-adjusted basis.  Workhorse stock is losing after the stock split Last week, the electric vehicles company announced a reverse stock split (1-for-20) to regain compliance with requirements to remain listed on Nasdaq.

Has Workhorse stock regained Nasdaq compliance?

Troubled electric vehicle (EV) company Workhorse (NASDAQ: WKHS ) just held a 1-for-20 reverse stock split to maintain the Nasdaq's minimum bid price requirement. The reverse split brought the price of shares from 15 cents to $3 apiece.

Will a 1-for-20 Reverse Split Save Workhorse (WKHS) Stock?

Workhorse (NASDAQ: WKHS ) stock is a hot topic on Thursday after the technology company announced plans for a one-for-20 reverse stock split. Workhorse is moving forward with plans for a reverse stock split after getting approval from investors during its 2024 Annual Shareholder Meeting.

Workhorse (WKHS) Stock Plunges 11% on 1-for-20 Reverse Stock Split

CINCINNATI, June 13, 2024 (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 will effect a 1-for-20 reverse stock split of its common stock, par value $0.001 per share. The common stock will continue to be traded on Nasdaq under the symbol “WKHS” and will begin trading on a reverse split-adjusted basis when the market opens on June 17, 2024.

Workhorse Group Announces 1-for-20 Reverse Stock Split

CINCINNATI, June 12, 2024 (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 a strategic collaboration with Kingsburg Truck Sales (“Kingsburg"), its certified dealer based in Kingsburg, California, as well as the completion of the previously disclosed divestiture of its Aero business. These developments highlight Workhorse's ongoing efforts to address the needs of California's commercial truck and small fleet owners amid the enforcement of California Air Resources Board (CARB) regulations, while also streamlining its business to focus on core strengths.

Kingsburg Truck Sales Bolsters Workhorse Partnership as Workhorse Sharpens Commercial EV Focus

Workhorse Group Inc. (NASDAQ:WKHS ) Q1 2024 Results Conference Call May 24, 2024 10:00 AM ET Company Participants Stan March - VP, Corporate Development and Communications Rick Dauch - Chief Execuitve Officer Bob Ginnan - Chief Financial Officer Conference Call Participants Mike Shlisky - D.A. Davidson Jeff Osborne - TD Cowen Craig Irwin - ROTH Capital Partners Operator Hello, and welcome to the Workhorse Group Q1 2024 Earnings Conference Call.

Workhorse Group Inc. (WKHS) Q1 2024 Earnings Call Transcript

Workhorse Group (WKHS) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.15 per share a year ago.

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

CINCINNATI, May 20, 2024 (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 reported financial results for the first quarter ended March 31, 2024.

Workhorse Group Reports First Quarter 2024 Results

Robinhood

Novavax

GameStop (NYSE: GME ) and AMC (NYSE: AMC ) meme stocks rose substantially last week, gaining over 70%. The return of ‘Roaring Kitty', prominent investor Keith Gill, has traders wondering which meme stocks to buy next.

Roaring Kitty's Rally Cry: 3 Meme Stocks to Pounce On Now

CINCINNATI, May 16, 2024 (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 its upcoming participation as an exhibitor at the Advanced Clean Transportation Expo 2024 (“ACT Expo”).

Workhorse to Showcase Industry-Leading Electric Commercial Vehicles at ACT Expo in Las Vegas

CINCINNATI, May 14, 2024 (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 at its 2024 Annual Meeting of Stockholders (the “Annual Meeting”), Workhorse stockholders voted to approve key proposals that enable the Company to continue executing its strategic commercial vehicle product roadmap.

Workhorse Group Stockholders Approve Key Proposals at Annual Meeting

Aris Water Solution

The iShares Micro-Cap ETF (NYSEARCA: IWC ) has surged by approximately 20% in the past six months, illustrating the optimism among risk-seeking investors. However, key variables suggest a correction in risky asset prices might occur.

Stock Market Crash: 3 Must-Buy Penny Stocks When Prices Plunge

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Share dilution is a significant risk that investors face in the stock market. Companies can offload their risks to existing shareholders by issuing new shares, which dilutes the ownership stake and potential returns for current investors.

Ditch These 3 Diluting EV Stocks Before They Hit Zero

CINCINNATI, April 24, 2024 (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 the addition of Milea Truck Sales and Leasing to its growing Certified Dealer network. With locations in the Bronx and Brooklyn, Milea Truck Sales and Leasing marks Workhorse's second dealer partner in New York state , 12th dealer nationwide, and its latest addition to the Certified Dealer Program.

Workhorse Group Adds Milea Truck Sales and Leasing, Expanding New York Presence

Fisker Inc

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Mullen Automotive

Nikola

The EV sector continues to undergo a period of extreme difficulty. EV sales growth is slowing, adoption rates are not as high as they once were, and global demand has weakened severely.

Danger Zone: 7 EV Stocks Poised for a Painful Plunge

Amidst turbulence in the EV market, identifying EV stocks to offload in April is crucial. This past year has certainly posed challenges to this sector.

Bankruptcy Alert: 3 EV Stocks to Sell Now Before They Plunge

CINCINNATI, April 10, 2024 (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 added Ziegler Truck Group to its network of dealers, bringing the Company's total dealer count to 11 partners nationwide. Ziegler Truck Group has locations in Minnesota, Iowa, and Wisconsin, expanding Workhorse's dealer network across the Midwest region.

Workhorse Group Expands Dealer Network with Addition of Ziegler Truck Group

The heavy selling pressure might have exhausted for Workhorse (WKHS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down -32.9% in 4 Weeks, Here's Why Workhorse (WKHS) Looks Ripe for a Turnaround

Workhorse (WKHS) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Workhorse (WKHS) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

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Li Auto Inc.

Polestar Automotive Holding UK PLC

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XPeng

Many EV start-ups that were once valued at billions of dollars are now bankrupt (EV graveyard) or on the verge of bankruptcy (The Walking Dead).

The EV Start-Up Graveyard And The Walking Dead

New Financing Provides Immediate Liquidity and Financial Resources to Support Company's Continued Progress Advancing Its Product Roadmap New Financing Provides Immediate Liquidity and Financial Resources to Support Company's Continued Progress Advancing Its Product Roadmap

Workhorse Strengthens Financial Position with Convertible Note Transaction

Workhorse (WKHS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Workhorse (WKHS) Rating Upgrade to Buy

Workhorse (WKHS) reports mixed fourth-quarter results and is currently implementing a reduction in force, impacting 20% of its total workforce, excluding direct labor positions.

News for Workhorse Group Stock (WKHS)