Workhorse Group Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $35.2M
- Price
- $3.23
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.54%
- Volume
- 105.1K
About
Workhorse Group Inc., a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. It also provides Metron, an air delivery application that tracks the performance of various the vehicles deployed. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.
Quick stats
Shares outstanding10.9M
Computed float3.4M
Float / shares31.6%
Key info
SectorConsumer Cyclical
IndustryAuto - Manufacturers
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001425287
Websitehttps://www.workhorse.com
AI Summary
AI-generated1/26
standardmixedearnings
Workhorse Group Reports Second Quarter 2026 Results
Workhorse reported Q2 2026 revenue of $3.6 million, up from $0.8 million in the prior year's GAAP quarter, with vehicle deliveries rising to 26 units.
Despite the revenue growth, the company recorded a net loss of $20.2 million, or $1.86 per share, widening from the previous year's loss, while gross margins remained negative.
Strategic initiatives include a pivot into mobile AI data centers targeting a $41 billion market opportunity and the appointment of Jody Davis as CFO, funded by related-party credit facilities.
Red flags
- Negative gross margin of $7.5 million on $3.6 million revenue
- Widening net loss to $20.2 million from $12.8 million year-over-year
- Reliance on related-party debt financing to fund operations