📊 WKHS Key Takeaways
Is Workhorse Group Inc. (WKHS) a Good Investment?
Workhorse Group exhibits accelerating revenue growth of 201% YoY, but the company is fundamentally unprofitable with deeply negative gross margins (-45%), indicating it loses money on every unit sold. With negative operating cash flow of -35.6M annually against only 12.9M in cash reserves, the company faces severe liquidity constraints and cannot sustain operations without immediate capital infusion or dramatic cost restructuring.
Why Buy Workhorse Group Inc. Stock? WKHS Key Strengths
- Strong top-line revenue growth of 201% year-over-year demonstrates market demand
- Minimal debt burden with Debt/Equity ratio of 0.01x and only 548.7K in long-term debt
- Net loss improved 28.3% YoY, showing some operational efficiency gains
WKHS Stock Risks: Workhorse Group Inc. Investment Risks
- Critically low cash runway: 12.9M cash against 35.6M annual operating cash burn equals ~1.3 quarters of liquidity
- Negative gross margin of -45% reveals unsustainable unit economics and fundamental business model failure
- Negative free cash flow of -36.2M combined with Quick Ratio of 0.53x signals imminent solvency risk without external financing
Key Metrics to Watch
- Gross margin trajectory - any path to profitability requires reaching positive territory
- Cash balance depletion rate and any capital raises or financing activities
- Operating cash flow return to positive as critical inflection point for viability
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 |
|---|---|---|---|
| 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 |
| Q2 2023 | $12.6K | -$21.2M | $-0.12 |
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 rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are WKHS's key strengths?
Claude: Strong top-line revenue growth of 201% year-over-year demonstrates market demand. Minimal debt burden with Debt/Equity ratio of 0.01x and only 548.7K in long-term debt.
What are the risks of investing in WKHS?
Claude: Critically low cash runway: 12.9M cash against 35.6M annual operating cash burn equals ~1.3 quarters of liquidity. Negative gross margin of -45% reveals unsustainable unit economics and fundamental business model failure.
What is WKHS's revenue and growth?
Workhorse Group Inc. reported revenue of $21.2M.
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 $-6.76.
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 rating reflects both perspectives for balanced insights.
Is WKHS a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Workhorse Group Inc. has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is WKHS stock overvalued or undervalued?
Valuation metrics for WKHS: ROE of -148.9% (sector avg: 12%), net margin of -302.1% (sector avg: 6%). Compare these metrics with sector averages to assess valuation.
Should I buy WKHS stock in 2026?
Our dual AI analysis gives Workhorse Group Inc. a combined STRONG SELL rating 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 $-35.6M, with capital expenditures of $603.0K. FCF margin is -170.5%.
How does WKHS compare to other Automotive stocks?
Vs Automotive sector averages: Net margin -302.1% (avg: 6%), ROE -148.9% (avg: 12%), current ratio 1.54 (avg: 1.2).