Workhorse Group, Inc. (WKHS)
NASDAQ: WKHS · Real-Time Price · USD
3.500
+0.060 (1.74%)
At close: Mar 9, 2026, 4:00 PM EDT
3.430
-0.070 (-2.00%)
After-hours: Mar 9, 2026, 7:38 PM EDT
Workhorse Group Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Cash & Equivalents | 3.78 | 6.63 | 4.26 | 46.82 | 23.87 |
| Cash & Short-Term Investments | 3.78 | 6.63 | 4.26 | 46.82 | 23.87 |
| Cash Growth | 16.63% | 55.70% | -90.91% | 96.15% | - |
| Receivables | 4.98 | 3.59 | 5.11 | 1.04 | 0.04 |
| Inventory | 21.67 | 21.4 | 18.18 | 15.47 | 1.8 |
| Prepaid Expenses | 0.48 | 0.55 | 0.41 | 32.76 | 4.81 |
| Restricted Cash | - | - | - | 194.41 | 1 |
| Other Current Assets | 2.05 | 2 | 1.6 | - | - |
| Total Current Assets | 32.96 | 34.18 | 29.55 | 290.49 | 31.52 |
| Property, Plant & Equipment | 1.87 | 3.01 | 3.65 | 11.4 | 6.83 |
| Long-Term Investments | - | - | - | 330.56 | 12.19 |
| Other Intangible Assets | 0.25 | 0.08 | 0.14 | - | - |
| Long-Term Accounts Receivable | - | - | - | 0.09 | 0.13 |
| Other Long-Term Assets | 0.14 | 0.14 | 0.14 | - | - |
| Total Assets | 35.23 | 37.41 | 33.48 | 632.54 | 50.67 |
| Accounts Payable | 5.58 | 2.07 | 3.09 | 10.79 | 5.09 |
| Accrued Expenses | 1.69 | 3.02 | 4.36 | - | - |
| Short-Term Debt | 103.38 | 68.36 | 76.28 | 1.41 | - |
| Current Portion of Long-Term Debt | - | - | - | - | 19.62 |
| Current Portion of Leases | 0.33 | 0.89 | 0.62 | - | - |
| Current Unearned Revenue | 2.25 | 0.79 | 0.64 | - | - |
| Other Current Liabilities | 1.9 | 1.78 | 2.39 | 5.4 | 22.34 |
| Total Current Liabilities | 115.13 | 76.92 | 87.37 | 17.6 | 47.04 |
| Long-Term Debt | - | - | - | 197.7 | 38.54 |
| Long-Term Leases | 0 | 0.09 | 0.38 | - | - |
| Long-Term Deferred Tax Liabilities | - | - | - | 21.83 | - |
| Other Long-Term Liabilities | 0.98 | 1.22 | 1.36 | 0.21 | - |
| Total Liabilities | 116.12 | 78.23 | 89.12 | 237.34 | 85.59 |
| Common Stock | 0.01 | 0.01 | 0 | 395.2 | -34.91 |
| Additional Paid-In Capital | 214.37 | 214.06 | 147.63 | - | - |
| Retained Earnings | -295.31 | -254.94 | -203.35 | - | - |
| Total Common Equity | -80.94 | -40.86 | -55.72 | 395.2 | -34.91 |
| Shareholders' Equity | -80.89 | -40.82 | -55.64 | 395.2 | -34.91 |
| Total Liabilities & Equity | 35.23 | 37.41 | 33.48 | 632.54 | 50.67 |
| Total Debt | 103.71 | 69.34 | 77.28 | 199.11 | 58.16 |
| Net Cash (Debt) | -99.93 | -62.71 | -73.03 | -152.29 | -34.29 |
| Net Cash Per Share | -16.91 | -31.85 | - | - | - |
| Filing Date Shares Outstanding | 9.33 | 3.84 | 0.83 | - | - |
| Total Common Shares Outstanding | 9.33 | 3.84 | 0.83 | - | - |
| Working Capital | -82.17 | -42.74 | -57.82 | 272.9 | -15.52 |
| Book Value Per Share | -8.68 | -10.63 | -67.20 | - | - |
| Tangible Book Value | -81.19 | -40.95 | -55.86 | 395.2 | -34.91 |
| Tangible Book Value Per Share | -8.70 | -10.65 | -67.37 | - | - |
| Machinery | 5.31 | 4.91 | 4.8 | - | - |
| Construction In Progress | - | 0.43 | 0.49 | - | - |
| Leasehold Improvements | 0.42 | 0.39 | 0.39 | - | - |
| Order Backlog | - | 19.4 | - | - | - |
Source: S&P Capital IQ. Standard template. Financial Sources.