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Workhorse Group Inc. revenue

Workhorse Group Inc.'s revenue was $21.2m in fiscal 2025, up 201.1% on the year before. Since fiscal 2010 ($140,707) it has grown at a compound 39.7% a year. Over the last twelve months it was $22.8m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue000000610101−151372123
Growth on the year before—+35.1%+43.2%−34.8%0.0%−21.1%+>999%+56.5%−92.4%−50.7%+269.8%−161.2%—+160.7%−46.2%+201.1%—
Gross profit—————0−7−14−15−5−12−133−33−25−6−10−13

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Vehicles $20.8M 97.9% ▲ 197.6%
Services Parts and Accessories $348,000 1.6% —
Extended Warranty Revenue $101,000 0.5% ▲ 48.5%

From Workhorse Group Inc.'s 10-K filed March 31, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Automobile Manufacturers: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Workhorse Group Inc. $22.8m 237.3% 28.8%
Ezgo Technologies Ltd. $20.5m 12.4% —
Fly-e Group, Inc. $16.5m -28.0% —
Xos, Inc. $37.7m -26.9% 9.1%
Kandi Technologies Group, Inc. $87.4m -31.5% —
Gogoro Inc. $281m -9.4% —

Compare with peers

Head to head: EZGO vs WKHSFLYE vs WKHSWKHS vs XOS

More: Automobile Manufacturers stocks compared, Consumer Discretionary sector, rankings of US companies

Figures from Workhorse Group Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Workhorse Group Inc.