WORKHORSE GROUP INC. — Income Charts
3 years 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
$21M
Cost of Revenue
$31M
Gross Profit
$-10M
R&D
$13M
SG&A
$25M
D&A
$1M
Operating Income
$-47M
EBITDA
$-46M
Interest Expense
$-17M
Other Income/Expense
$-34M
Pretax Income
$-64M
Tax Provision
$4K
Net Income
$-64M
Gross Margin
-45.0%
Operating Margin
-223.7%
Net Margin
-302.1%
Effective Tax Rate
-0.0%
Deferred Tax Assets
$0
Deferred Tax Liabilities
$3M
DTA Valuation Allowance
$194M
NOL Carryforwards
$179M
ETR (Continuing Operations)
0.0%
ETR Federal Statutory
21.0%
ETR State + Local (pp)
3.6%
Operating Lease Cost
$1M
Revenue YoY Variation
-46.2%
Income YoY Variation
60.7%