Workhorse Group Inc. Operating Income

Quick Answer

Workhorse Group Inc. reported Operating Income of -$47.44 million for fiscal year 2025.

Workhorse Group Inc. Operating Income — Annual History

Fiscal Year Operating Income YoY Change
2025 -$47.44M -14.8%
2024 -$41.33M +60.7%
2023 -$105.30M +18.4%
2022 -$129.08M +30.3%
2021 -$185.11M -351.7%
2020 -$40.98M -71.7%
2019 -$23.87M +29.9%
2018 -$34.07M

Quarterly Operating Income

Quarter Ending Operating Income YoY QoQ
September 30, 2025 -$16.56M -16.9% -14.4%
June 30, 2025 -$14.47M +29.5% -12.7%
March 31, 2025 -$12.84M +45.9% +9.4%
September 30, 2024 -$14.17M +32.7% +30.9%
June 30, 2024 -$20.52M +12.8% +13.5%
March 31, 2024 -$23.73M +7.1% -12.7%
September 30, 2023 -$21.06M +56.9% +10.5%
June 30, 2023 -$23.52M -11.7% +7.9%
  • Workhorse Group Inc. showed a decrease of -14.8% in Operating Income compared to the prior fiscal year.
  • Over the 2018–2025 period, Workhorse Group Inc.’s operating income has declined by 39.3% (from -$34.07 million to -$47.44 million).
  • The most recent figure is from Workhorse Group Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 31, 2026.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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