Workhorse Group Inc.

WKHSNASDAQConsumer Cyclical● Active

$3.27

$-0.01(-0.30%)

Market Cap$35621418

P/E Ratio—

52W High$67.32

52W Low$2.31

Avg Volume188K

Open$3.40

Beta2.63

Net Income Financials Revenue

Workhorse Group Inc. (WKHS) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

WKHS · net income · updated Jun 10, 2026

Core profitability metrics

WKHS · net income · margin · TTM · CAGR

Net income was −$64.1M for FY2025 (fiscal year ending 2025-12-31), up 37.0% year-over-year. Net profit margin was -302.1%. Based on available data, Workhorse Group Inc. has been profitable since at least 2020.

FY2025 Net Income−$64.1M▲ +37.0% YoY

Trailing 12M (TTM)—trailing 4 quarters sum

Net Profit Margin-302.1%−$64.1M ÷ $21.2M

YoY Change+37.0%—

5-Year CAGRN/AN/A — contains loss years

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 10, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2020

▸ FMP /income-statement · Annual · WKHS net income history · WKHS profit margin

Annual net income data

WKHS · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2025Loss−$64.1M▲ +37.0%-302.1%$21.2M

FY2024Loss−$101.8M▲ +17.9%-1538.5%$6.6M

FY2023Loss−$123.9M▼ 5.7%-946.3%$13.1M

FY2022Loss−$117.3M▲ +70.8%-2334.7%$5.0M

FY2021Loss−$401.3M▼ 675.2%—−$851,922

Net income vs peers (Consumer Cyclical)

WKHS vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Toyota Motor Corporation

$4.08T-14.4%7.6%

100%

Alibaba Group Holding Limited

Consumer Cyclical · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Workhorse Group Inc. (WKHS) reported net income of −$64.1M for FY2025 (fiscal year ending 2025-12-31), up 37.0% year-over-year. The net profit margin was -302.1% — meaning the company kept $-3.02 of every dollar of revenue as profit.

Based on available data, Workhorse Group Inc. has been profitable since at least 2020. Net income reached a peak of $69.8M in FY2020. Data available for 15 fiscal years.

Workhorse Group Inc.'s net profit margin was -302.1% for FY2025, based on the latest annual results.

Investors sometimes search for "Workhorse Group Inc. net worth" — the company's market capitalization is a separate figure from WKHS net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

WKHS net income · 4 questions

Workhorse Group Inc. is not currently profitable on an annual basis. The company reported a net loss of $64.1M for FY2025.

is WKHS profitabledoes WKHS make a profitWKHS profitabilityWKHS profitable company

▸ Source: FMP /income-statement · GAAP · Workhorse Group Inc. · Workhorse Group Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 10, 2026