WORKHORSE GROUP INC. — Income Charts
8 quarters of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Revenue, Gross Profit, Operating Income & Net Income
Margin (%)
Operating Expenses
Income Breakdown
Revenue↑+432.0% +$10M
$13M
Cost of Revenue
$2M
Gross Profit↓-86.5% -$4M
$-8M
R&D↑+84.1% +$4M
$9M
SG&A
$4M
D&A↑+138.5% +$400K
$689K
Operating Income↓-16.9% -$2M
$-17M
EBITDA↑+138.5% +$400K
$689K
Interest Expense↑+94.4% +$3M
$-168K
Other Income/Expense↑+161.3% +$23M
$9M
Pretax Income↑+68.9% +$17M
$-8M
Tax Provision↑+300.0% +$3K
$4K
Net Income↑+68.9% +$17M
$-8M
Gross Margin↓-158.5pts
-323.2%
Operating Margin↓-129.6pts
-694.2%
Net Margin↑+673.3pts
-328.2%
Effective Tax Rate↑+0.0pts
0.0%
Deferred Tax Assets
—
Deferred Tax Liabilities
$0
ETR (Continuing Operations)↓-0.1pts
0.0%
ETR Federal Statutory↑+0.0pts
21.0%
ETR State + Local (pp)↑+1.7pts
3.6%
Operating Lease Cost
$386K
Revenue YoY Variation↑+478.6pts
432.0%
Income YoY Variation↓-49.6pts
-16.9%
Revenue QoQ Variation↑+431.0pts
424.8%
Income QoQ Variation↓-45.3pts
-14.4%