Workhorse Group

WKHS

Market cap $29.3M

Conference call scheduled for Thursday, August 13, 2026, at 4:30 p.m. Eastern time Conference call scheduled for Thursday, August 13, 2026, at 4:30 p.m. Eastern time

Seasoned capital markets and manufacturing finance executive succeeds current CFO Bob Ginnan who is retiring Seasoned capital markets and manufacturing finance executive succeeds current CFO Bob Ginnan who is retiring

Demand for electrified cars continued to underpin growth in Europe's auto market in May, offsetting a sharp decline in ​petrol and diesel sales and allowing Chinese brands to ‌expand their footprint, data from the European Automobile Manufacturers' Association (ACEA) showed on Tuesday.

Brian Gu says he sees Chinese car firms competing on quality rather than launching price war as at home

Workhorse Group (WKHS) came out with a quarterly loss of $1.99 per share versus the Zacks Consensus Estimate of a loss of $1.7. This compares to a loss of $49.22 per share a year ago.

Revenue of $4.3 million in Q1 2026, compared to $1.1 million in Q1 2025 on a comparable GAAP basis Delivered 21 vehicles in Q1 2026, compared to 5 vehicles in Q1 2025 Announced 100-vehicle W56 purchase order from Gateway Fleets, with deliveries expected to begin in July 2026; combined with Purolator 100 vehicle order and other unannounced orders, drives total contracted backlog of 200+ vehicles since merger close Launched 140 kWh W56 battery configuration and limited-time promotional pricing on 210 kWh W56, driving new commercial activity On track to exit 2026 at $20 million annualized cost synergy run rate; facility consolidation to Union City, Indiana complete DETROIT, May 14, 2026 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS) ("Workhorse" or the "Company"), a North American OEM and provider of all-electric trucks, step vans, shuttles and buses, today reported financial results for the first quarter ended March 31, 2026. Today's results represent the Company's first full quarter as a combined company following the completion of its merger with Motiv Electric Trucks in December 2025.

Professional-grade access to trained support specialists is designed to help customers diagnose and resolve root causes of issues more quickly across vehicle, charging, hardware and software platforms Professional-grade access to trained support specialists is designed to help customers diagnose and resolve root causes of issues more quickly across vehicle, charging, hardware and software platforms

Innovative EV fleet solutions provider to deploy W56 step vans across electrified sites, delivering a fully integrated vehicle and charging solution Innovative EV fleet solutions provider to deploy W56 step vans across electrified sites, delivering a fully integrated vehicle and charging solution

Conference call scheduled for Thursday, May 14, 2026, at 4:30 p.m. Eastern time Conference call scheduled for Thursday, May 14, 2026, at 4:30 p.m. Eastern time

Price reductions of up to $61,000 expected to make electric step vans a more attractive option for fleets impacted by high fuel prices Price reductions of up to $61,000 expected to make electric step vans a more attractive option for fleets impacted by high fuel prices