Workhorse Group Inc. (WKHS) Earnings History
Net Loss19 years of earnings data (2007–2025) · Currently unprofitable on a TTM basis
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Workhorse Group Inc. (WKHS) Earnings Overview
As of June 21, 2026, Workhorse Group Inc. (WKHS) reported trailing twelve-month net income of -$63M, reflecting +86.9% year-over-year growth. The company earned $-6.32 per diluted share over the past four quarters, with a net profit margin of -302.1%.
Looking at the long-term picture, WKHS's historical earnings data spans multiple years. The company achieved its highest annual net income of $70M in fiscal 2020.
Workhorse Group Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including RIVN (-$3.52B net income, -67.7% margin), BLNK (-$74M net income, -80.8% margin), UPS ($5.25B net income, 6.3% margin), WKHS has room to improve margins relative to the peer group. Compare WKHS vs RIVN →
WKHS Earnings vs Peers
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WKHS Historical Earnings Data (2007–2025)
19 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$64M | +37.0% | -$47M | $-6.76 | -302.1% | -223.7% |
| 2024 | -$102M | +17.9% | -$74M | $-51.69 | -1538.5% | -1116.7% |
| 2023 | -$124M | -5.7% | -$105M | $-149.45 | -946.3% | -804.1% |
| 2022 | -$117M | +70.8% | -$129M | $-184.88 | -2334.7% | -2569.8% |
| 2021 | -$401M | -675.2% | -$185M | $-779.76 | - | - |
| 2020 | $70M | +287.8% | -$41M | $174.53 | 5010.8% | -2943.0% |
| 2019 | -$37M | -1.8% | -$24M | $-144.79 | -9869.0% | -6338.1% |
| 2018 | -$37M | +13.6% | -$34M | $-184.94 | -4783.0% | -4463.9% |
| 2017 | -$42M | -116.0% | $42M | $-265.88 | -389.4% | 387.8% |
| 2016 | -$20M | -107.4% | $20M | $-195.00 | -304.9% | 304.2% |
| 2015 | -$9M | -42.6% | $8M | $-137.50 | -6734.4% | 6044.4% |
| 2014 | -$7M | -8.2% | $6M | $-125.00 | -3723.2% | 3498.4% |
| 2013 | -$6M | -43.0% | $6M | $-200.00 | -3442.6% | 3282.5% |
| 2012 | -$4M | +50.9% | $4M | $-250.00 | -1570.2% | 1485.3% |
| 2011 | -$9M | -73.1% | -$9M | $-642.23 | -4581.1% | -4575.5% |
| 2010 | -$5M | -229.7% | $5M | $-570.88 | -3573.5% | 3567.4% |
| 2009 | -$2M | -6130.3% | $2M | $-15510.00 | - | - |
| 2008 | $-24,476 | -1259.8% | $-24,476 | $-51011.00 | - | - |
| 2007 | $-1,800 | - | $-1,800 | $-0.00 | - | - |
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WKHS — Frequently Asked Questions
Quick answers to the most common questions about buying WKHS stock.
What is WKHS earnings per share (EPS)?
WKHS trailing twelve-month (TTM) diluted EPS is $-6.32, reflecting +86.9% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2007 to 2025 is available in the table on this page.
What is Workhorse Group Inc.'s net income?
Workhorse Group Inc. (WKHS) trailing twelve-month net income is $-63M as of 2025. Earnings grew +86.9% year-over-year.
Is WKHS profitable?
WKHS is not currently profitable on a TTM basis, reporting a net loss of $-63M. Net margin is -302.1%. Investors should monitor for a return to profitability.
What is WKHS's earnings growth rate?
WKHS compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2007 to 2025.
What are WKHS's profit margins?
Workhorse Group Inc. net profit margin is -302.1%, operating margin is -223.7%, and gross margin is -45.0%. Below-average margins reflect competitive or cost pressures. Return on Equity is -146.8%.
Is WKHS growing earnings?
Yes, WKHS earnings are accelerating — EPS growth of +86.9% exceeds the 5-year CAGR of N/A. TTM net income reached $-63M. Earnings momentum is strengthening.
What was WKHS's best earnings year?
Workhorse Group Inc.'s highest annual net income on record is $70M, achieved in fiscal year 2020. Earnings history on this page spans 2007 to 2025 and includes all annual and quarterly figures.
What were WKHS's earnings last quarter?
WKHS's most recent reported quarter was Q1 2026. Net income was $-20M with diluted EPS of $-1.99. For a full breakdown of all quarters, see the quarterly earnings table on this page.