📊 WKHS Key Takeaways
Is Workhorse Group Inc. (WKHS) a Good Investment?
Workhorse Group exhibits severe financial distress with negative gross margins (-172.8%), indicating the core business is unprofitable at current production levels. With only $600K in cash and negative operating cash flow of -$16.5M annually, the company faces an imminent liquidity crisis with mere weeks of runway. Despite 201% revenue growth, profitability metrics are deeply negative across all measures, signaling fundamental operational challenges.
Workhorse Group Inc. Key Strengths (WKHS)
- High revenue growth of 201% YoY demonstrates market demand or production ramp
- Moderate debt-to-equity ratio of 0.60x provides some structural flexibility
- Assets of $102.7M represent potential collateral or liquidation value
WKHS Stock Risks: Workhorse Group Inc. Investment Risks
- Critical liquidity crisis: $600K cash with $16.5M annual cash burn leaves only 2-3 weeks of runway at current burn rate
- Negative gross margin of -172.8% indicates core business model is broken; company loses money on every unit sold
- Quick ratio of 0.25x shows severe inability to meet short-term obligations; negative interest coverage means operations cannot service debt
Key Metrics to Watch
- Cash position and burn rate - survival contingent on external capital injection within 30 days
- Gross margin progression - must reach positive territory for any operational viability
- Operating cash flow trend - path to breakeven is only viable with substantial scaling or cost restructuring
Workhorse Group Inc. (WKHS) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Workhorse Group Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
WKHS Profit Margin, ROE & Profitability Analysis
WKHS vs Automotive Sector: How Workhorse Group Inc. Compares
How Workhorse Group Inc. compares to Automotive sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Workhorse Group Inc. Stock Overvalued? WKHS Valuation Analysis 2026
Based on fundamental analysis, Workhorse Group Inc. has mixed fundamental signals relative to the Automotive sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Workhorse Group Inc. Balance Sheet: WKHS Debt, Cash & Liquidity
WKHS Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Workhorse Group Inc.'s revenue has grown significantly by 1,423% over the 5-year period, indicating strong business expansion. The most recent EPS of $-9.43 indicates the company is currently unprofitable.
WKHS Revenue Growth, EPS Growth & YoY Performance
WKHS Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $1.1M | -$12.7M | $-1.36 |
| Q3 2025 | $2.4M | -$7.8M | $-0.50 |
| Q2 2025 | $842.4K | -$14.8M | $-1.67 |
| Q1 2025 | $640.9K | -$20.6M | $-4.68 |
| Q3 2024 | $2.5M | -$25.1M | $-0.98 |
| Q2 2024 | $842.4K | -$23.0M | $-1.40 |
| Q1 2024 | $1.3M | -$25.0M | $-0.10 |
| Q3 2023 | $1.5M | -$30.6M | $-0.14 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Workhorse Group Inc. Dividends, Buybacks & Capital Allocation
WKHS SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Workhorse Group Inc. (CIK: 0001425287)
📋 Recent SEC Filings
❓ Frequently Asked Questions about WKHS
What is the AI rating for WKHS?
Workhorse Group Inc. (WKHS) has an AI grade of D with 95% confidence, based on fundamental analysis of SEC EDGAR filings.
What are WKHS's key strengths?
Claude: High revenue growth of 201% YoY demonstrates market demand or production ramp. Moderate debt-to-equity ratio of 0.60x provides some structural flexibility.
What are the risks of investing in WKHS?
Claude: Critical liquidity crisis: $600K cash with $16.5M annual cash burn leaves only 2-3 weeks of runway at current burn rate. Negative gross margin of -172.8% indicates core business model is broken; company loses money on every unit sold.
What is WKHS's revenue and growth?
Workhorse Group Inc. reported revenue of $4.3M.
Does WKHS pay dividends?
Workhorse Group Inc. does not currently pay dividends.
Where can I find WKHS SEC filings?
Official SEC filings for Workhorse Group Inc. (CIK: 0001425287) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is WKHS's EPS?
Workhorse Group Inc. has a diluted EPS of $-1.99.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is WKHS's fundamental grade?
Based on our AI fundamental analysis in June 2026, Workhorse Group Inc. has a D grade with 95% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is WKHS stock overvalued or undervalued?
Valuation metrics for WKHS: ROE of -75.9% (sector avg: 12%), net margin of -459.3% (sector avg: 6%). Compare these metrics with sector averages to assess valuation.
What is WKHS's AI grade for 2026?
Our dual AI analysis gives Workhorse Group Inc. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is WKHS's free cash flow?
Workhorse Group Inc.'s operating cash flow is $-16.5M, with capital expenditures of $125.0K. FCF margin is -384.4%.
How does WKHS compare to other Automotive stocks?
Vs Automotive sector averages: Net margin -459.3% (avg: 6%), ROE -75.9% (avg: 12%), current ratio 1.23 (avg: 1.2).