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WORKHORSE GROUP INC.

EDGAR

WKHS Current report (8-K) · filed 2026-10-29

Annual consolidated revenue for 2025: about USD 21.21M, using the latest reported figures. The previous period, 2024, was about USD 7.044M.

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Watchlist

Latest quarter

Revenue

3.56 million USD

2026 Q2 · USD

Exact inputs and evidence

Revenue: 3562000 USD Source

Operating margin

-545.2%

2026 Q2 · %

Exact inputs and evidence

Operating Income: -19420000 USD Source
Revenue: 3562000 USD Source

Operating cash flow

-24.1 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: -40600000 USD Source
Operating Cash Flow: -16500000 USD Source

Free cash flow

-24.2 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: -40600000 USD Source
Operating Cash Flow: -16500000 USD Source
Capital Expenditure: 270000 USD Source
Capital Expenditure: 125000 USD Source

Cash and cash equivalents: 9.6 million USD 2026-06-30 Source
Exact value

9600000 USD
Long-term debt including current maturities: 35.9 million USD 2026-06-30 Source
Exact value

35915000 USD
Shares outstanding: 10.9 million shares 2026-06-30 Source
Exact value

10893417 shares

Reported share-count change

2.91% · 308 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence

10585800 shares · 2025-06-30· Source
10893417 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

22.8 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Revenue: 2384998 USD · 2025-07-01 – 2025-09-30 Source
Revenue: 21211000 USD · 2025-01-01 – 2025-12-31 Source
Revenue: 8695389 USD · 2025-01-01 – 2025-09-30 Source
Revenue: 4329000 USD · 2026-01-01 – 2026-03-31 Source
Revenue: 3562000 USD · 2026-04-01 – 2026-06-30 Source

Net income

-68.7 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Net income: -7827902 USD · 2025-07-01 – 2025-09-30 Source
Net income: -64100000 USD · 2025-01-01 – 2025-12-31 Source
Net income: -43300000 USD · 2025-01-01 – 2025-09-30 Source
Net income: -19882000 USD · 2026-01-01 – 2026-03-31 Source
Net income: -20171000 USD · 2026-04-01 – 2026-06-30 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-29.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 11 of 11 periods available· newest 2025-12-31
Operating income: 8 of 11 periods available· newest 2025-12-31
Net income: 11 of 11 periods available· newest 2025-12-31
Operating cash flow: 11 of 11 periods available· newest 2025-12-31
Capital expenditure: 11 of 11 periods available· newest 2025-12-31
Total assets: 11 of 11 periods available· newest 2025-12-31
Total liabilities: 7 of 11 periods available· newest 2025-12-31
Current assets: 11 of 11 periods available· newest 2025-12-31
Current liabilities: 11 of 11 periods available· newest 2025-12-31
Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
Long-term debt including current maturities: 6 of 11 periods available· newest 2025-12-31
Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+201.1%

Prior period

USD 7.04 million

2024-01-01 – 2024-12-31
Current period

USD 21.21 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

21211000 − 7044000 = 14167000 USD

7044000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
21211000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · WORKHORSE GROUP INC. · 2025-12-31 WORKHORSE GROUP INC. (edgar:1425287) Year-over-year change in Revenue: 14167000 USD Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 21211000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#921260 Filing: 000162828026022417 Input fundies:Revenue: 7044000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#922166 Filing: 000162828026022417
The citation records this snapshot. The page link may show a newer release later.
Net income
−USD 12.51 million

Prior period

−USD 51.59 million

2024-01-01 – 2024-12-31
Current period

−USD 64.1 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

-64100000 − -51588000 = -12512000 USD

-51588000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
-64100000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · WORKHORSE GROUP INC. · 2025-12-31 WORKHORSE GROUP INC. (edgar:1425287) Year-over-year change in Net income: -12512000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -64100000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#820802 Filing: 000162828026022417 Input fundies:NetIncome: -51588000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#970728 Filing: 000162828026022417
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+USD 2.55 million

Prior period

−USD 38.15 million

2024-01-01 – 2024-12-31
Current period

−USD 35.6 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

-35600000 − -38154000 = 2554000 USD

-38154000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
-35600000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · WORKHORSE GROUP INC. · 2025-12-31 WORKHORSE GROUP INC. (edgar:1425287) Year-over-year change in Operating cash flow: 2554000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: -35600000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#820967 Filing: 000162828026022417 Input fundies:OperatingCashFlow: -38154000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#778119 Filing: 000162828026022417
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
-87.3%

Prior period

USD 4.76 million

2024-01-01 – 2024-12-31
Current period

USD 603,000

2025-01-01 – 2025-12-31

Exact inputs and evidence

603000 − 4761000 = -4158000 USD

4761000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
603000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · WORKHORSE GROUP INC. · 2025-12-31 WORKHORSE GROUP INC. (edgar:1425287) Year-over-year change in Capital expenditure: -4158000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 603000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#779624 Filing: 000162828026022417 Input fundies:CapitalExpenditure: 4761000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#780183 Filing: 000162828026022417
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue USD 21.21 million 100% of revenue
Cost of revenue USD 30.77 million 145% of revenue
Operating expenses USD 37.89 million 179% of revenue
Operating income −USD 47.44 million −224% of revenue
Tax, interest and other Derived USD 16.66 million 79% of revenue
Net income −USD 64.1 million −302% of revenue

Cash

Operating cash flow −USD 35.6 million −168% of revenue
Capital expenditure USD 603,000 2.8% of revenue
Free cash flow Derived −USD 36.2 million −171% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2016 Not shown: operating income or net income is not reported.
2017 Not shown: operating income or net income is not reported.
2018 Operating loss: operating costs were 4,564% of revenue.
2019 Operating loss: operating costs were 6,438% of revenue.
2020 Operating loss: operating costs were 3,043% of revenue.
2021 Not shown: operating income or net income is not reported.
2022 Operating loss: operating costs were 2,670% of revenue.
2023 Operating loss: operating costs were 904% of revenue.
2024 Operating loss: operating costs were 687% of revenue.
2025 Operating loss: operating costs were 324% of revenue.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2016 2016-01-01 – 2016-12-31	6414800	Unavailable	Unavailable	Unavailable	-19555868	-19562258 Derived	Source 2016-01-01 – 2016-12-31: 6414800 USD Inspect Revenue Open source 2016-01-01 – 2016-12-31: -19555868 USD Inspect Net Income Open source 2016-01-01 – 2016-12-31: -19034163 USD Inspect Operating Cash Flow Open source 2016-01-01 – 2016-12-31: 528095 USD Inspect Capital Expenditure Open source
2017 2017-01-01 – 2017-12-31	10038460	Unavailable	Unavailable	Unavailable	-41216788	-38805896 Derived	Source 2017-01-01 – 2017-12-31: 10038460 USD Inspect Revenue Open source 2017-01-01 – 2017-12-31: -41216788 USD Inspect Net Income Open source 2017-01-01 – 2017-12-31: -38662541 USD Inspect Operating Cash Flow Open source 2017-01-01 – 2017-12-31: 143355 USD Inspect Capital Expenditure Open source
2018 2018-01-01 – 2018-12-31	763173	34830740 Derived	-34067567	2434749 Derived	-36502316	-21777355 Derived	Source 2018-01-01 – 2018-12-31: 763173 USD Inspect Revenue Open source 2018-01-01 – 2018-12-31: -34067567 USD Inspect Operating Income Open source 2018-01-01 – 2018-12-31: -36502316 USD Inspect Net Income Open source 2018-01-01 – 2018-12-31: -21754133 USD Inspect Operating Cash Flow Open source 2018-01-01 – 2018-12-31: 23222 USD Inspect Capital Expenditure Open source
2019 2019-01-01 – 2019-12-31	376562	24243499 Derived	-23866937	13295890 Derived	-37162827	-38872175 Derived	Source 2019-01-01 – 2019-12-31: 376562 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: -23866937 USD Inspect Operating Income Open source 2019-01-01 – 2019-12-31: -37162827 USD Inspect Net Income Open source 2019-01-01 – 2019-12-31: -36871677 USD Inspect Operating Cash Flow Open source 2019-01-01 – 2019-12-31: 2000498 USD Inspect Capital Expenditure Open source
2020 2020-01-01 – 2020-12-31	1392519	42373697 Derived	-40981178	-110757677 Derived	69776499	-76007079 Derived	Source 2020-01-01 – 2020-12-31: 1392519 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: -40981178 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: 69776499 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: -70278949 USD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 5728130 USD Inspect Capital Expenditure Open source
2021 2021-01-01 – 2021-12-31	-851922	184262932 Derived	-185114854	216229959 Derived	-401344813	-137891301 Derived	Source 2021-01-01 – 2021-12-31: -851922 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: -185114854 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: -401344813 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: -132577103 USD Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 5314198 USD Inspect Capital Expenditure Open source
2022 2022-01-01 – 2022-12-31	5023072	134105936 Derived	-129082864	-11808646 Derived	-117274218	-111315459 Derived	Source 2022-01-01 – 2022-12-31: 5023072 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: -129082864 USD Inspect Operating Income Open source 2022-01-01 – 2022-12-31: -117274218 USD Inspect Net Income Open source 2022-01-01 – 2022-12-31: -93818664 USD Inspect Operating Cash Flow Open source 2022-01-01 – 2022-12-31: 17496795 USD Inspect Capital Expenditure Open source
2023 2023-01-01 – 2023-12-31	13094752	118393218 Derived	-105298466	18620723 Derived	-123919189	-141711500 Derived	Source 2023-01-01 – 2023-12-31: 13094752 USD Inspect Revenue Open source 2023-01-01 – 2023-12-31: -105298466 USD Inspect Operating Income Open source 2023-01-01 – 2023-12-31: -123919189 USD Inspect Net Income Open source 2023-01-01 – 2023-12-31: -123024049 USD Inspect Operating Cash Flow Open source 2023-01-01 – 2023-12-31: 18687451 USD Inspect Capital Expenditure Open source
2024 2024-01-01 – 2024-12-31	7044000	48374000 Derived	-41330000	10258000 Derived	-51588000	-42915000 Derived	Source 2024-01-01 – 2024-12-31: 7044000 USD Inspect Revenue Open source 2024-01-01 – 2024-12-31: -41330000 USD Inspect Operating Income Open source 2024-01-01 – 2024-12-31: -51588000 USD Inspect Net Income Open source 2024-01-01 – 2024-12-31: -38154000 USD Inspect Operating Cash Flow Open source 2024-01-01 – 2024-12-31: 4761000 USD Inspect Capital Expenditure Open source
2025 2025-01-01 – 2025-12-31	21211000	68651000 Derived	-47440000	16660000 Derived	-64100000	-36203000 Derived	Source 2025-01-01 – 2025-12-31: 21211000 USD Inspect Revenue Open source 2025-01-01 – 2025-12-31: -47440000 USD Inspect Operating Income Open source 2025-01-01 – 2025-12-31: -64100000 USD Inspect Net Income Open source 2025-01-01 – 2025-12-31: -35600000 USD Inspect Operating Cash Flow Open source 2025-01-01 – 2025-12-31: 603000 USD Inspect Capital Expenditure Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 21.2M 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Revenue	6414800	Revenue: 6414800 Open source
20172017-12-31	Revenue	10038460	Revenue: 10038460 Open source
20182018-12-31	Revenue	763173	Revenue: 763173 Open source
20192019-12-31	Revenue	376562	Revenue: 376562 Open source
20202020-12-31	Revenue	1392519	Revenue: 1392519 Open source
20212021-12-31	Revenue	-851922	Revenue: -851922 Open source
20222022-12-31	Revenue	5023072	Revenue: 5023072 Open source
20232023-12-31	Revenue	13094752	Revenue: 13094752 Open source
20242024-12-31	Revenue	7044000	Revenue: 7044000 Open source
20252025-12-31	Revenue	21211000	Revenue: 21211000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

201.1% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Year over year	4,482.7%	Revenue: 6414800 Open source Revenue: 139980 Open source
20172017-12-31	Year over year	56.5%	Revenue: 10038460 Open source Revenue: 6414800 Open source
20182018-12-31	Year over year	-92.4%	Revenue: 763173 Open source Revenue: 10038460 Open source
20192019-12-31	Year over year	-50.7%	Revenue: 376562 Open source Revenue: 763173 Open source
20202020-12-31	Year over year	269.8%	Revenue: 1392519 Open source Revenue: 376562 Open source
20212021-12-31	Year over year	-161.2%	Revenue: -851922 Open source Revenue: 1392519 Open source
20222022-12-31	Year over year	-689.6%	Revenue: 5023072 Open source Revenue: -851922 Open source
20232023-12-31	Year over year	160.7%	Revenue: 13094752 Open source Revenue: 5023072 Open source
20242024-12-31	Year over year	-46.2%	Revenue: 7044000 Open source Revenue: 13094752 Open source
20252025-12-31	Year over year	201.1%	Revenue: 21211000 Open source Revenue: 7044000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -223.7% 2025

Net margin -302.2% 2025

Free cash flow margin -170.7% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
2016-12-31	Operating margin	Not reported	Revenue: 6414800 Open source
2017-12-31	Operating margin	Not reported	Revenue: 10038460 Open source
20182018-12-31	Operating margin	-4,463.9%	Operating Income: -34067567 Open source Revenue: 763173 Open source
20192019-12-31	Operating margin	-6,338.1%	Operating Income: -23866937 Open source Revenue: 376562 Open source
20202020-12-31	Operating margin	-2,943%	Operating Income: -40981178 Open source Revenue: 1392519 Open source
20212021-12-31	Operating margin	21,729.1%	Operating Income: -185114854 Open source Revenue: -851922 Open source
20222022-12-31	Operating margin	-2,569.8%	Operating Income: -129082864 Open source Revenue: 5023072 Open source
20232023-12-31	Operating margin	-804.1%	Operating Income: -105298466 Open source Revenue: 13094752 Open source
20242024-12-31	Operating margin	-586.7%	Operating Income: -41330000 Open source Revenue: 7044000 Open source
20252025-12-31	Operating margin	-223.7%	Operating Income: -47440000 Open source Revenue: 21211000 Open source
20162016-12-31	Net margin	-304.9%	Net Income: -19555868 Open source Revenue: 6414800 Open source
20172017-12-31	Net margin	-410.6%	Net Income: -41216788 Open source Revenue: 10038460 Open source
20182018-12-31	Net margin	-4,783%	Net Income: -36502316 Open source Revenue: 763173 Open source
20192019-12-31	Net margin	-9,869%	Net Income: -37162827 Open source Revenue: 376562 Open source
20202020-12-31	Net margin	5,010.8%	Net Income: 69776499 Open source Revenue: 1392519 Open source
20212021-12-31	Net margin	47,110.5%	Net Income: -401344813 Open source Revenue: -851922 Open source
20222022-12-31	Net margin	-2,334.7%	Net Income: -117274218 Open source Revenue: 5023072 Open source
20232023-12-31	Net margin	-946.3%	Net Income: -123919189 Open source Revenue: 13094752 Open source
20242024-12-31	Net margin	-732.4%	Net Income: -51588000 Open source Revenue: 7044000 Open source
20252025-12-31	Net margin	-302.2%	Net Income: -64100000 Open source Revenue: 21211000 Open source
20162016-12-31	Free cash flow margin	-305%	Revenue: 6414800 Open source Operating Cash Flow: -19034163 Open source Capital Expenditure: 528095 Open source
20172017-12-31	Free cash flow margin	-386.6%	Revenue: 10038460 Open source Operating Cash Flow: -38662541 Open source Capital Expenditure: 143355 Open source
20182018-12-31	Free cash flow margin	-2,853.5%	Revenue: 763173 Open source Operating Cash Flow: -21754133 Open source Capital Expenditure: 23222 Open source
20192019-12-31	Free cash flow margin	-10,322.9%	Revenue: 376562 Open source Operating Cash Flow: -36871677 Open source Capital Expenditure: 2000498 Open source
20202020-12-31	Free cash flow margin	-5,458.2%	Revenue: 1392519 Open source Operating Cash Flow: -70278949 Open source Capital Expenditure: 5728130 Open source
20212021-12-31	Free cash flow margin	16,185.9%	Revenue: -851922 Open source Operating Cash Flow: -132577103 Open source Capital Expenditure: 5314198 Open source
20222022-12-31	Free cash flow margin	-2,216.1%	Revenue: 5023072 Open source Operating Cash Flow: -93818664 Open source Capital Expenditure: 17496795 Open source
20232023-12-31	Free cash flow margin	-1,082.2%	Revenue: 13094752 Open source Operating Cash Flow: -123024049 Open source Capital Expenditure: 18687451 Open source
20242024-12-31	Free cash flow margin	-609.2%	Revenue: 7044000 Open source Operating Cash Flow: -38154000 Open source Capital Expenditure: 4761000 Open source
20252025-12-31	Free cash flow margin	-170.7%	Revenue: 21211000 Open source Operating Cash Flow: -35600000 Open source Capital Expenditure: 603000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD -35.6M 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Operating cash flow	-19034163	Operating Cash Flow: -19034163 Open source
20172017-12-31	Operating cash flow	-38662541	Operating Cash Flow: -38662541 Open source
20182018-12-31	Operating cash flow	-21754133	Operating Cash Flow: -21754133 Open source
20192019-12-31	Operating cash flow	-36871677	Operating Cash Flow: -36871677 Open source
20202020-12-31	Operating cash flow	-70278949	Operating Cash Flow: -70278949 Open source
20212021-12-31	Operating cash flow	-132577103	Operating Cash Flow: -132577103 Open source
20222022-12-31	Operating cash flow	-93818664	Operating Cash Flow: -93818664 Open source
20232023-12-31	Operating cash flow	-123024049	Operating Cash Flow: -123024049 Open source
20242024-12-31	Operating cash flow	-38154000	Operating Cash Flow: -38154000 Open source
20252025-12-31	Operating cash flow	-35600000	Operating Cash Flow: -35600000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -36.2M 2025

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Free cash flow	-19562258	Operating Cash Flow: -19034163 Open source Capital Expenditure: 528095 Open source
20172017-12-31	Free cash flow	-38805896	Operating Cash Flow: -38662541 Open source Capital Expenditure: 143355 Open source
20182018-12-31	Free cash flow	-21777355	Operating Cash Flow: -21754133 Open source Capital Expenditure: 23222 Open source
20192019-12-31	Free cash flow	-38872175	Operating Cash Flow: -36871677 Open source Capital Expenditure: 2000498 Open source
20202020-12-31	Free cash flow	-76007079	Operating Cash Flow: -70278949 Open source Capital Expenditure: 5728130 Open source
20212021-12-31	Free cash flow	-137891301	Operating Cash Flow: -132577103 Open source Capital Expenditure: 5314198 Open source
20222022-12-31	Free cash flow	-111315459	Operating Cash Flow: -93818664 Open source Capital Expenditure: 17496795 Open source
20232023-12-31	Free cash flow	-141711500	Operating Cash Flow: -123024049 Open source Capital Expenditure: 18687451 Open source
20242024-12-31	Free cash flow	-42915000	Operating Cash Flow: -38154000 Open source Capital Expenditure: 4761000 Open source
20252025-12-31	Free cash flow	-36203000	Operating Cash Flow: -35600000 Open source Capital Expenditure: 603000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

63.5% 2025

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2016-12-31	Liabilities / assets	Not reported	Total Assets: 10239793 Open source
2017-12-31	Liabilities / assets	Not reported	Total Assets: 16504293 Open source
2018-12-31	Liabilities / assets	Not reported	Total Assets: 11804773 Open source
20192019-12-31	Liabilities / assets	168.9%	Total Liabilities: 85586939 Open source Total Assets: 50673829 Open source
20202020-12-31	Liabilities / assets	37.5%	Total Liabilities: 237338035 Open source Total Assets: 632542369 Open source
20212021-12-31	Liabilities / assets	23.4%	Total Liabilities: 53446117 Open source Total Assets: 228138890 Open source
20222022-12-31	Liabilities / assets	40.6%	Total Liabilities: 74155544 Open source Total Assets: 182742475 Open source
20232023-12-31	Liabilities / assets	41.3%	Total Liabilities: 58562553 Open source Total Assets: 141674724 Open source
20242024-12-31	Liabilities / assets	209.1%	Total Liabilities: 78228000 Open source Total Assets: 37408000 Open source
20252025-12-31	Liabilities / assets	63.5%	Total Liabilities: 74850000 Open source Total Assets: 117892000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

1.54× 2025

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Current assets / current liabilities	0.9×	Current Assets: 3916668 Open source Current Liabilities: 4334390 Open source
20172017-12-31	Current assets / current liabilities	0.95×	Current Assets: 10696276 Open source Current Liabilities: 11282848 Open source
20182018-12-31	Current assets / current liabilities	0.34×	Current Assets: 6369232 Open source Current Liabilities: 18915137 Open source
20192019-12-31	Current assets / current liabilities	0.67×	Current Assets: 31519671 Open source Current Liabilities: 47044031 Open source
20202020-12-31	Current assets / current liabilities	16.51×	Current Assets: 290492761 Open source Current Liabilities: 17597065 Open source
20212021-12-31	Current assets / current liabilities	7.85×	Current Assets: 216222366 Open source Current Liabilities: 27550064 Open source
20222022-12-31	Current assets / current liabilities	2.2×	Current Assets: 139358267 Open source Current Liabilities: 63310482 Open source
20232023-12-31	Current assets / current liabilities	1.76×	Current Assets: 93825478 Open source Current Liabilities: 53282027 Open source
20242024-12-31	Current assets / current liabilities	0.44×	Current Assets: 34175000 Open source Current Liabilities: 76918000 Open source
20252025-12-31	Current assets / current liabilities	1.54×	Current Assets: 59822000 Open source Current Liabilities: 38852000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2016 2016-01-01 – 2016-12-31	−USD 19.56 million Exact value Exact value: -19555868 USD 2016-01-01 – 2016-12-31: -19555868 USD Inspect Net Income Open source Share or cite Citation for Net Income · WORKHORSE GROUP INC. · 2016-12-31 WORKHORSE GROUP INC. (edgar:1425287) Net Income: -19555868 USD Concept: fundies:NetIncome Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ANetIncome&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:NetIncome: -19555868 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000121390018005751/wkhs-20171231.xml#79378 Filing: 000121390018005751 The citation records this snapshot. The page link may show a newer release later.	−USD 19.03 million Exact value Exact value: -19034163 USD 2016-01-01 – 2016-12-31: -19034163 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · WORKHORSE GROUP INC. · 2016-12-31 WORKHORSE GROUP INC. (edgar:1425287) Operating Cash Flow: -19034163 USD Concept: fundies:OperatingCashFlow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3AOperatingCashFlow&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -19034163 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000121390018005751/wkhs-20171231.xml#325154 Filing: 000121390018005751 The citation records this snapshot. The page link may show a newer release later.	USD 528,095 Exact value Exact value: 528095 USD 2016-01-01 – 2016-12-31: 528095 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · WORKHORSE GROUP INC. · 2016-12-31 WORKHORSE GROUP INC. (edgar:1425287) Capital Expenditure: 528095 USD Concept: fundies:CapitalExpenditure Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ACapitalExpenditure&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 528095 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000121390018005751/wkhs-20171231.xml#333337 Filing: 000121390018005751 The citation records this snapshot. The page link may show a newer release later.	−USD 19.56 million Calculation and evidence -19034163 − 528095 USD Exact free cash flow: -19562258 USD 2016-01-01 – 2016-12-31: -19034163 USD · Inspect Operating Cash Flow · Source 2016-01-01 – 2016-12-31: 528095 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · WORKHORSE GROUP INC. · 2016-12-31 WORKHORSE GROUP INC. (edgar:1425287) Free cash flow: -19562258 USD Concept: free-cash-flow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -19034163 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000121390018005751/wkhs-20171231.xml#325154 Filing: 000121390018005751 Input fundies:CapitalExpenditure: 528095 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000121390018005751/wkhs-20171231.xml#333337 Filing: 000121390018005751 The citation records this snapshot. The page link may show a newer release later.
2017 2017-01-01 – 2017-12-31	−USD 41.22 million Exact value Exact value: -41216788 USD 2017-01-01 – 2017-12-31: -41216788 USD Inspect Net Income Open source Share or cite Citation for Net Income · WORKHORSE GROUP INC. · 2017-12-31 WORKHORSE GROUP INC. (edgar:1425287) Net Income: -41216788 USD Concept: fundies:NetIncome Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ANetIncome&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:NetIncome: -41216788 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000121390019004319/wkhs-20181231.xml#95524 Filing: 000121390019004319 The citation records this snapshot. The page link may show a newer release later.	−USD 38.66 million Exact value Exact value: -38662541 USD 2017-01-01 – 2017-12-31: -38662541 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · WORKHORSE GROUP INC. · 2017-12-31 WORKHORSE GROUP INC. (edgar:1425287) Operating Cash Flow: -38662541 USD Concept: fundies:OperatingCashFlow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3AOperatingCashFlow&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -38662541 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000121390019004319/wkhs-20181231.xml#172495 Filing: 000121390019004319 The citation records this snapshot. The page link may show a newer release later.	USD 143,355 Exact value Exact value: 143355 USD 2017-01-01 – 2017-12-31: 143355 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · WORKHORSE GROUP INC. · 2017-12-31 WORKHORSE GROUP INC. (edgar:1425287) Capital Expenditure: 143355 USD Concept: fundies:CapitalExpenditure Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ACapitalExpenditure&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 143355 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000121390019004319/wkhs-20181231.xml#102014 Filing: 000121390019004319 The citation records this snapshot. The page link may show a newer release later.	−USD 38.81 million Calculation and evidence -38662541 − 143355 USD Exact free cash flow: -38805896 USD 2017-01-01 – 2017-12-31: -38662541 USD · Inspect Operating Cash Flow · Source 2017-01-01 – 2017-12-31: 143355 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · WORKHORSE GROUP INC. · 2017-12-31 WORKHORSE GROUP INC. (edgar:1425287) Free cash flow: -38805896 USD Concept: free-cash-flow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -38662541 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000121390019004319/wkhs-20181231.xml#172495 Filing: 000121390019004319 Input fundies:CapitalExpenditure: 143355 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000121390019004319/wkhs-20181231.xml#102014 Filing: 000121390019004319 The citation records this snapshot. The page link may show a newer release later.
2018 2018-01-01 – 2018-12-31	−USD 36.5 million Exact value Exact value: -36502316 USD 2018-01-01 – 2018-12-31: -36502316 USD Inspect Net Income Open source Share or cite Citation for Net Income · WORKHORSE GROUP INC. · 2018-12-31 WORKHORSE GROUP INC. (edgar:1425287) Net Income: -36502316 USD Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:NetIncome: -36502316 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828020003532/wkhs-20191231.htm#1175985 Filing: 000162828020003532 The citation records this snapshot. The page link may show a newer release later.	−USD 21.75 million Exact value Exact value: -21754133 USD 2018-01-01 – 2018-12-31: -21754133 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · WORKHORSE GROUP INC. · 2018-12-31 WORKHORSE GROUP INC. (edgar:1425287) Operating Cash Flow: -21754133 USD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -21754133 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828020003532/wkhs-20191231.htm#1034195 Filing: 000162828020003532 The citation records this snapshot. The page link may show a newer release later.	USD 23,222 Exact value Exact value: 23222 USD 2018-01-01 – 2018-12-31: 23222 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · WORKHORSE GROUP INC. · 2018-12-31 WORKHORSE GROUP INC. (edgar:1425287) Capital Expenditure: 23222 USD Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 23222 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828020003532/wkhs-20191231.htm#1038376 Filing: 000162828020003532 The citation records this snapshot. The page link may show a newer release later.	−USD 21.78 million Calculation and evidence -21754133 − 23222 USD Exact free cash flow: -21777355 USD 2018-01-01 – 2018-12-31: -21754133 USD · Inspect Operating Cash Flow · Source 2018-01-01 – 2018-12-31: 23222 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · WORKHORSE GROUP INC. · 2018-12-31 WORKHORSE GROUP INC. (edgar:1425287) Free cash flow: -21777355 USD Concept: free-cash-flow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -21754133 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828020003532/wkhs-20191231.htm#1034195 Filing: 000162828020003532 Input fundies:CapitalExpenditure: 23222 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828020003532/wkhs-20191231.htm#1038376 Filing: 000162828020003532 The citation records this snapshot. The page link may show a newer release later.
2019 2019-01-01 – 2019-12-31	−USD 37.16 million Exact value Exact value: -37162827 USD 2019-01-01 – 2019-12-31: -37162827 USD Inspect Net Income Open source Share or cite Citation for Net Income · WORKHORSE GROUP INC. · 2019-12-31 WORKHORSE GROUP INC. (edgar:1425287) Net Income: -37162827 USD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:NetIncome: -37162827 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528722000031/wkhs-20211231.htm#1027255 Filing: 000142528722000031 The citation records this snapshot. The page link may show a newer release later.	−USD 36.87 million Exact value Exact value: -36871677 USD 2019-01-01 – 2019-12-31: -36871677 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · WORKHORSE GROUP INC. · 2019-12-31 WORKHORSE GROUP INC. (edgar:1425287) Operating Cash Flow: -36871677 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -36871677 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528722000031/wkhs-20211231.htm#889696 Filing: 000142528722000031 The citation records this snapshot. The page link may show a newer release later.	USD 2 million Exact value Exact value: 2000498 USD 2019-01-01 – 2019-12-31: 2000498 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · WORKHORSE GROUP INC. · 2019-12-31 WORKHORSE GROUP INC. (edgar:1425287) Capital Expenditure: 2000498 USD Concept: fundies:CapitalExpenditure Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 2000498 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528722000031/wkhs-20211231.htm#894327 Filing: 000142528722000031 The citation records this snapshot. The page link may show a newer release later.	−USD 38.87 million Calculation and evidence -36871677 − 2000498 USD Exact free cash flow: -38872175 USD 2019-01-01 – 2019-12-31: -36871677 USD · Inspect Operating Cash Flow · Source 2019-01-01 – 2019-12-31: 2000498 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · WORKHORSE GROUP INC. · 2019-12-31 WORKHORSE GROUP INC. (edgar:1425287) Free cash flow: -38872175 USD Concept: free-cash-flow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -36871677 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528722000031/wkhs-20211231.htm#889696 Filing: 000142528722000031 Input fundies:CapitalExpenditure: 2000498 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528722000031/wkhs-20211231.htm#894327 Filing: 000142528722000031 The citation records this snapshot. The page link may show a newer release later.
2020 2020-01-01 – 2020-12-31	USD 69.78 million Exact value Exact value: 69776499 USD 2020-01-01 – 2020-12-31: 69776499 USD Inspect Net Income Open source Share or cite Citation for Net Income · WORKHORSE GROUP INC. · 2020-12-31 WORKHORSE GROUP INC. (edgar:1425287) Net Income: 69776499 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: 69776499 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528723000055/wkhs-20221231.htm#995718 Filing: 000142528723000055 The citation records this snapshot. The page link may show a newer release later.	−USD 70.28 million Exact value Exact value: -70278949 USD 2020-01-01 – 2020-12-31: -70278949 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · WORKHORSE GROUP INC. · 2020-12-31 WORKHORSE GROUP INC. (edgar:1425287) Operating Cash Flow: -70278949 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -70278949 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528723000055/wkhs-20221231.htm#855038 Filing: 000142528723000055 The citation records this snapshot. The page link may show a newer release later.	USD 5.73 million Exact value Exact value: 5728130 USD 2020-01-01 – 2020-12-31: 5728130 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · WORKHORSE GROUP INC. · 2020-12-31 WORKHORSE GROUP INC. (edgar:1425287) Capital Expenditure: 5728130 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 5728130 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528723000055/wkhs-20221231.htm#859670 Filing: 000142528723000055 The citation records this snapshot. The page link may show a newer release later.	−USD 76.01 million Calculation and evidence -70278949 − 5728130 USD Exact free cash flow: -76007079 USD 2020-01-01 – 2020-12-31: -70278949 USD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 5728130 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · WORKHORSE GROUP INC. · 2020-12-31 WORKHORSE GROUP INC. (edgar:1425287) Free cash flow: -76007079 USD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -70278949 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528723000055/wkhs-20221231.htm#855038 Filing: 000142528723000055 Input fundies:CapitalExpenditure: 5728130 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528723000055/wkhs-20221231.htm#859670 Filing: 000142528723000055 The citation records this snapshot. The page link may show a newer release later.
2021 2021-01-01 – 2021-12-31	−USD 401.34 million Exact value Exact value: -401344813 USD 2021-01-01 – 2021-12-31: -401344813 USD Inspect Net Income Open source Share or cite Citation for Net Income · WORKHORSE GROUP INC. · 2021-12-31 WORKHORSE GROUP INC. (edgar:1425287) Net Income: -401344813 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: -401344813 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528723000055/wkhs-20221231.htm#994462 Filing: 000142528723000055 The citation records this snapshot. The page link may show a newer release later.	−USD 132.58 million Exact value Exact value: -132577103 USD 2021-01-01 – 2021-12-31: -132577103 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · WORKHORSE GROUP INC. · 2021-12-31 WORKHORSE GROUP INC. (edgar:1425287) Operating Cash Flow: -132577103 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -132577103 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528723000055/wkhs-20221231.htm#853985 Filing: 000142528723000055 The citation records this snapshot. The page link may show a newer release later.	USD 5.31 million Exact value Exact value: 5314198 USD 2021-01-01 – 2021-12-31: 5314198 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · WORKHORSE GROUP INC. · 2021-12-31 WORKHORSE GROUP INC. (edgar:1425287) Capital Expenditure: 5314198 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 5314198 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528723000055/wkhs-20221231.htm#858127 Filing: 000142528723000055 The citation records this snapshot. The page link may show a newer release later.	−USD 137.89 million Calculation and evidence -132577103 − 5314198 USD Exact free cash flow: -137891301 USD 2021-01-01 – 2021-12-31: -132577103 USD · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 5314198 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · WORKHORSE GROUP INC. · 2021-12-31 WORKHORSE GROUP INC. (edgar:1425287) Free cash flow: -137891301 USD Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -132577103 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528723000055/wkhs-20221231.htm#853985 Filing: 000142528723000055 Input fundies:CapitalExpenditure: 5314198 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528723000055/wkhs-20221231.htm#858127 Filing: 000142528723000055 The citation records this snapshot. The page link may show a newer release later.
2022 2022-01-01 – 2022-12-31	−USD 117.27 million Exact value Exact value: -117274218 USD 2022-01-01 – 2022-12-31: -117274218 USD Inspect Net Income Open source Share or cite Citation for Net Income · WORKHORSE GROUP INC. · 2022-12-31 WORKHORSE GROUP INC. (edgar:1425287) Net Income: -117274218 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:NetIncome: -117274218 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528724000068/wkhs-20231231.htm#665738 Filing: 000142528724000068 The citation records this snapshot. The page link may show a newer release later.	−USD 93.82 million Exact value Exact value: -93818664 USD 2022-01-01 – 2022-12-31: -93818664 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · WORKHORSE GROUP INC. · 2022-12-31 WORKHORSE GROUP INC. (edgar:1425287) Operating Cash Flow: -93818664 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -93818664 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528724000068/wkhs-20231231.htm#691231 Filing: 000142528724000068 The citation records this snapshot. The page link may show a newer release later.	USD 17.5 million Exact value Exact value: 17496795 USD 2022-01-01 – 2022-12-31: 17496795 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · WORKHORSE GROUP INC. · 2022-12-31 WORKHORSE GROUP INC. (edgar:1425287) Capital Expenditure: 17496795 USD Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ACapitalExpenditure&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 17496795 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528724000068/wkhs-20231231.htm#693197 Filing: 000142528724000068 The citation records this snapshot. The page link may show a newer release later.	−USD 111.32 million Calculation and evidence -93818664 − 17496795 USD Exact free cash flow: -111315459 USD 2022-01-01 – 2022-12-31: -93818664 USD · Inspect Operating Cash Flow · Source 2022-01-01 – 2022-12-31: 17496795 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · WORKHORSE GROUP INC. · 2022-12-31 WORKHORSE GROUP INC. (edgar:1425287) Free cash flow: -111315459 USD Concept: free-cash-flow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -93818664 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528724000068/wkhs-20231231.htm#691231 Filing: 000142528724000068 Input fundies:CapitalExpenditure: 17496795 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528724000068/wkhs-20231231.htm#693197 Filing: 000142528724000068 The citation records this snapshot. The page link may show a newer release later.
2023 2023-01-01 – 2023-12-31	−USD 123.92 million Exact value Exact value: -123919189 USD 2023-01-01 – 2023-12-31: -123919189 USD Inspect Net Income Open source Share or cite Citation for Net Income · WORKHORSE GROUP INC. · 2023-12-31 WORKHORSE GROUP INC. (edgar:1425287) Net Income: -123919189 USD Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:NetIncome: -123919189 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528725000024/wkhs-20241231.htm#708831 Filing: 000142528725000024 The citation records this snapshot. The page link may show a newer release later.	−USD 123.02 million Exact value Exact value: -123024049 USD 2023-01-01 – 2023-12-31: -123024049 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · WORKHORSE GROUP INC. · 2023-12-31 WORKHORSE GROUP INC. (edgar:1425287) Operating Cash Flow: -123024049 USD Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -123024049 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528725000024/wkhs-20241231.htm#735229 Filing: 000142528725000024 The citation records this snapshot. The page link may show a newer release later.	USD 18.69 million Exact value Exact value: 18687451 USD 2023-01-01 – 2023-12-31: 18687451 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · WORKHORSE GROUP INC. · 2023-12-31 WORKHORSE GROUP INC. (edgar:1425287) Capital Expenditure: 18687451 USD Concept: fundies:CapitalExpenditure Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ACapitalExpenditure&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 18687451 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528725000024/wkhs-20241231.htm#737342 Filing: 000142528725000024 The citation records this snapshot. The page link may show a newer release later.	−USD 141.71 million Calculation and evidence -123024049 − 18687451 USD Exact free cash flow: -141711500 USD 2023-01-01 – 2023-12-31: -123024049 USD · Inspect Operating Cash Flow · Source 2023-01-01 – 2023-12-31: 18687451 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · WORKHORSE GROUP INC. · 2023-12-31 WORKHORSE GROUP INC. (edgar:1425287) Free cash flow: -141711500 USD Concept: free-cash-flow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -123024049 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528725000024/wkhs-20241231.htm#735229 Filing: 000142528725000024 Input fundies:CapitalExpenditure: 18687451 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000142528725000024/wkhs-20241231.htm#737342 Filing: 000142528725000024 The citation records this snapshot. The page link may show a newer release later.
2024 2024-01-01 – 2024-12-31	−USD 51.59 million Exact value Exact value: -51588000 USD 2024-01-01 – 2024-12-31: -51588000 USD Inspect Net Income Open source Share or cite Citation for Net Income · WORKHORSE GROUP INC. · 2024-12-31 WORKHORSE GROUP INC. (edgar:1425287) Net Income: -51588000 USD Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:NetIncome: -51588000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#970728 Filing: 000162828026022417 The citation records this snapshot. The page link may show a newer release later.	−USD 38.15 million Exact value Exact value: -38154000 USD 2024-01-01 – 2024-12-31: -38154000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · WORKHORSE GROUP INC. · 2024-12-31 WORKHORSE GROUP INC. (edgar:1425287) Operating Cash Flow: -38154000 USD Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -38154000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#778119 Filing: 000162828026022417 The citation records this snapshot. The page link may show a newer release later.	USD 4.76 million Exact value Exact value: 4761000 USD 2024-01-01 – 2024-12-31: 4761000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · WORKHORSE GROUP INC. · 2024-12-31 WORKHORSE GROUP INC. (edgar:1425287) Capital Expenditure: 4761000 USD Concept: fundies:CapitalExpenditure Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ACapitalExpenditure&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 4761000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#780183 Filing: 000162828026022417 The citation records this snapshot. The page link may show a newer release later.	−USD 42.92 million Calculation and evidence -38154000 − 4761000 USD Exact free cash flow: -42915000 USD 2024-01-01 – 2024-12-31: -38154000 USD · Inspect Operating Cash Flow · Source 2024-01-01 – 2024-12-31: 4761000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · WORKHORSE GROUP INC. · 2024-12-31 WORKHORSE GROUP INC. (edgar:1425287) Free cash flow: -42915000 USD Concept: free-cash-flow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -38154000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#778119 Filing: 000162828026022417 Input fundies:CapitalExpenditure: 4761000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#780183 Filing: 000162828026022417 The citation records this snapshot. The page link may show a newer release later.
2025 2025-01-01 – 2025-12-31	−USD 64.1 million Exact value Exact value: -64100000 USD 2025-01-01 – 2025-12-31: -64100000 USD Inspect Net Income Open source Share or cite Citation for Net Income · WORKHORSE GROUP INC. · 2025-12-31 WORKHORSE GROUP INC. (edgar:1425287) Net Income: -64100000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:NetIncome: -64100000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#820802 Filing: 000162828026022417 The citation records this snapshot. The page link may show a newer release later.	−USD 35.6 million Exact value Exact value: -35600000 USD 2025-01-01 – 2025-12-31: -35600000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · WORKHORSE GROUP INC. · 2025-12-31 WORKHORSE GROUP INC. (edgar:1425287) Operating Cash Flow: -35600000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -35600000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#820967 Filing: 000162828026022417 The citation records this snapshot. The page link may show a newer release later.	USD 603,000 Exact value Exact value: 603000 USD 2025-01-01 – 2025-12-31: 603000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · WORKHORSE GROUP INC. · 2025-12-31 WORKHORSE GROUP INC. (edgar:1425287) Capital Expenditure: 603000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287/explain?concept=fundies%3ACapitalExpenditure&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 603000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#779624 Filing: 000162828026022417 The citation records this snapshot. The page link may show a newer release later.	−USD 36.2 million Calculation and evidence -35600000 − 603000 USD Exact free cash flow: -36203000 USD 2025-01-01 – 2025-12-31: -35600000 USD · Inspect Operating Cash Flow · Source 2025-01-01 – 2025-12-31: 603000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · WORKHORSE GROUP INC. · 2025-12-31 WORKHORSE GROUP INC. (edgar:1425287) Free cash flow: -36203000 USD Concept: free-cash-flow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T07:45:36Z Snapshot: 965d01d08573aedac3f27ef3421e625479fdbf9a04731878e81b58a6c96bf1e5 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1425287?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -35600000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#820967 Filing: 000162828026022417 Input fundies:CapitalExpenditure: 603000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1425287/000162828026022417/wkhs-20251231.htm#779624 Filing: 000162828026022417 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

105 filings · 4,285 latest values · 4,285 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001425287, 1425287, WKHS, ampd, edgar:1425287

Also known as AMP Holding Inc., Title Starts Online, Inc., WORKHORSE GROUP INC., Workhorse Group Inc.

WORKHORSE GROUP INC.

Latest quarter

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Operating margin

Operating cash flow

Free cash flow

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Trailing twelve months

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What changed year over year

Revenue

Net income

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Where revenue goes

2025 2025-01-01 – 2025-12-31

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Balance sheet

Cash generation