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

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Cash & equivalents

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Net PPE

Intangibles

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

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Purchase/sale of investments

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Cash from financing

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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.

CINCINNATI, Nov. 21, 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 delivery of its W56 electric step van to NorthStar Courier, a FedEx Ground Contract Service Provider based in Minneapolis, Minnesota. The sale was facilitated by Workhorse Certified Dealer, Ziegler Truck Group.

NorthStar Courier Becomes First FedEx Service Provider Outside California to Deploy Workhorse W56 Electric Step Van

WKHS reports lower-than-expected Q3 results and secures the GSA Government Fleet Contract, which complements its growing cooperative purchasing network.

Workhorse Q3 Earnings Miss Estimates, Revenues Decline Y/Y

Workhorse Group Inc. (NASDAQ:WKHS ) Q3 2024 Results Conference Call November 19, 2024 6:00 PM ET Company Participants Stan March - VP of Corporate Development and Communications Rick Dauch - Chief Executive Officer Bob Ginnan - Chief Financial Officer Operator Greetings, and welcome to the Workhorse Group Q3 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Workhorse Group Inc. (WKHS) Q3 2024 Earnings Call Transcript

Workhorse Group (WKHS) came out with a quarterly loss of $0.88 per share versus the Zacks Consensus Estimate of a loss of $0.85. This compares to loss of $2.80 per share a year ago.

Workhorse Group (WKHS) Reports Q3 Loss, Misses Revenue Estimates

CINCINNATI, Nov. 19, 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 third quarter ended September 30, 2024.

Workhorse Group Reports Third Quarter 2024 Results

CINCINNATI, Nov. 19, 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 has been added to the GSA Schedule by being awarded a General Services Administration (GSA) Government Fleet Contract through its dealer, Colonial Fleet Electrification. This milestone allows federal government agencies to streamline procurement of Workhorse's American-made electric commercial vehicles in the W56 platform, enhancing their access to reliable, efficient, transportation solutions from American companies.

Workhorse Secures GSA Contract, Expanding Access to its Zero-Emission Vehicles for Government and Public Sector Fleets

Company to Report Earnings Post-Market November 19, 2024 and Hold Earnings Call at 6:00 p.m. ET Company to Report Earnings Post-Market November 19, 2024 and Hold Earnings Call at 6:00 p.m. ET

Workhorse Reschedules Third Quarter 2024 Earnings Call

CINCINNATI, Nov. 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 has rescheduled its third quarter 2024 earnings conference call to Tuesday, November 19, 2024 at 10:00 a.m. Eastern time (7:00 a.m. Pacific time). Financial results will be issued in a press release prior to the call.

Workhorse Reschedules Third Quarter 2024 Earnings Call to Tuesday, November 19, 2024 at 10:00 a.m. ET

New Purchase Orders for W56 : Recent orders for seven W56 electric step vans for immediate delivery upon completion of upfit.

Workhorse Secures Multiple Orders for W56 Electric Step Vans in Parcel Delivery Market as Fleet Demand Increases

CINCINNATI, Nov. 04, 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, will hold a conference call on Thursday, November 14th at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2024 as well as the Company's plans and outlook. Financial results will be issued in a press release prior to the call.

Workhorse Group Sets Third Quarter 2024 Earnings Call for Thursday, November 14, 2024 at 10:00 a.m. ET

Siemens AG

Electric vehicle (EV) startup standardizes on Teamcenter X and NX to reduce IT overhead, enhance accessibility across development teams and supply chain PLANO, Texas , Oct. 22, 2024 /PRNewswire/ -- Siemens Digital Industries Software announced today that Workhorse Group Inc. (Workhorse), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, has adopted the Siemens Xcelerator portfolio of industrial software, enabling the company to streamline activities across its development teams and supply chain as it builds electric trucks for sustainable last mile delivery.   Workhorse Group launched its lineup of medium-duty electric work trucks with the help of Teamcenter® X software for cloud-based Product Lifecycle Management (PLM) and NX™ software for vehicle product engineering and manufacturing.

Workhorse Group standardizes on Siemens Xcelerator as a Service for sustainable last mile delivery electric trucks

The W56 208-inch extended wheelbase model has completed the certification process for FMVSS and received HVIP certification for safety and environmental compliance.

Workhorse W56 Extended Wheelbase Model Achieves FMVSS and HVIP Certification, Now in Full Production for Q4 2024 Deliveries

Electric step van successfully travels from Cincinnati to Orlando over three days for FedEx Forward Service Provider Summit

Workhorse W56 Completes 1,000-Mile Drive, Showcasing Unmatched Reliability, Durability and Real-World Performance

CINCINNATI, Sept. 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 its participation as a Presidential Exhibitor at the 2024 FedEx Forward Service Provider Summit, taking place in Orlando, Florida, from October 1-4, 2024.

Workhorse Joins FedEx Forward Service Provider Summit as Presidential Exhibitor, Showcasing W56 Electric Vehicle

WKHS gets a purchase order for 15 W56 step vans from FedEx, following a successful test where the W56 meets FedEx's operational requirements.

Workhorse Receives Purchase Order for W56 Step Vans From FedEx

CINCINNATI, Sept. 09, 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 FedEx (NYSE: FDX) has issued a purchase order for 15 W56 step vans to be delivered in 2024. This milestone order follows a successful demonstration in which the Workhorse W56 step van met FedEx operation duty cycle requirements.

FedEx Places First Order for 15 Workhorse W56 Step Vans to Grow Zero-Tailpipe Emission Fleet

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) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

Workhorse Group Inc. (NASDAQ:WKHS ) Q2 2024 Earnings Conference Call August 20, 2024 11:00 AM ET Company Participants Stan March - VP of Corporate Development and Communications Rick Dauch - Chief Executive Officer Bob Ginnan - Chief Financial Officer Conference Call Participants Craig Irwin - ROTH Capital Partners Mike Shlisky - D.A. Davidson Operator Greetings, and welcome to the Workhorse Group Q2 2024 Earnings Conference Call and Webcast.

Workhorse Group Inc. (WKHS) Q2 2024 Earnings Call Transcript

Workhorse Group (WKHS) came out with a quarterly loss of $1.40 per share in line with the Zacks Consensus Estimate. This compares to loss of $2.40 per share a year ago.

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

CINCINNATI, Aug. 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 second quarter ended June 30, 2024.

Workhorse Group Reports Second Quarter 2024 Results

CINCINNATI, Aug. 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 has rescheduled its earnings call, which will now be held on Tuesday, August 20th at 11:00 a.m. Eastern time (8:00 a.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2024 as well as the Company's plans and outlook.

Workhorse Reschedules Second Quarter 2024 Earnings Call to August 20, 2024 at 11:00 AM ET

CINCINNATI, Aug. 05, 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, will hold a conference call on Wednesday, August 14th at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2024 as well as the Company's plans and outlook. Financial results will be issued in a press release prior to the call.

Workhorse Group Sets Second Quarter 2024 Earnings Call for Wednesday, August 14, 2024 at 10:00 a.m. ET

CINCINNATI, Aug. 02, 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 first delivery of its W56 step van as part of an ongoing collaboration with NorCal Transports Inc. (“NorCal”), a last-mile package delivery contractor in Richmond, California. The delivery, facilitated through Workhorse's Certified Dealer, Kingsburg Truck Sales , provides a significant opportunity to showcase the W56's outstanding real-world performance in the last-mile package delivery sector.

California Last-Mile Delivery Contractor Adds Workhorse W56 Step Van to Fleet

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3 Stocks to Sell That Have Underperformed the Russell 2000 This Year

CINCINNATI, July 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 its participation in the upcoming Zero-Emissions Showcase + Ride & Drive, hosted by the California Air Resources Board (CARB) and CALSTART. The event will take place on August 14, 2024, from 9:00 AM to 4:00 PM at the Oakland Arena in Oakland, California. Registration for the event is free.

News for Workhorse Group Stock (WKHS)