Workhorse Group, Inc. (WKHS)
NASDAQ: WKHS · Real-Time Price · USD
2.370
-0.050 (-2.07%)
Apr 29, 2026, 9:53 AM EDT - Market open
Workhorse Group Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Cash & Equivalents | 12.92 | 6.63 | 4.26 | 46.82 | 23.87 |
| Cash & Short-Term Investments | 12.92 | 6.63 | 4.26 | 46.82 | 23.87 |
| Cash Growth | 94.90% | 55.70% | -90.91% | 96.15% | - |
| Receivables | 3.89 | 3.59 | 5.11 | 1.04 | 0.04 |
| Inventory | 39.07 | 21.4 | 18.18 | 15.47 | 1.8 |
| Prepaid Expenses | 2.65 | - | 0.41 | 32.76 | 4.81 |
| Restricted Cash | - | - | - | 194.41 | 1 |
| Other Current Assets | 1.3 | 2.55 | 1.6 | - | - |
| Total Current Assets | 59.82 | 34.18 | 29.55 | 290.49 | 31.52 |
| Property, Plant & Equipment | 44.34 | 3.09 | 3.65 | 11.4 | 6.83 |
| Long-Term Investments | - | - | - | 330.56 | 12.19 |
| Goodwill | 3.13 | - | - | - | - |
| Other Intangible Assets | 10.18 | - | 0.14 | - | - |
| Long-Term Accounts Receivable | - | - | - | 0.09 | 0.13 |
| Other Long-Term Assets | 0.42 | 0.14 | 0.14 | - | - |
| Total Assets | 117.89 | 37.41 | 33.48 | 632.54 | 50.67 |
| Accounts Payable | 11.64 | 2.07 | 3.09 | 10.79 | 5.09 |
| Accrued Expenses | 7.66 | 2.81 | 4.36 | - | - |
| Short-Term Debt | - | 68.36 | 76.28 | 1.41 | - |
| Current Portion of Long-Term Debt | - | - | - | - | 19.62 |
| Current Portion of Leases | 3.62 | 0.89 | 0.62 | - | - |
| Current Unearned Revenue | 1.62 | 0.82 | 0.64 | - | - |
| Other Current Liabilities | 14.33 | 1.96 | 2.39 | 5.4 | 22.34 |
| Total Current Liabilities | 38.85 | 76.92 | 87.37 | 17.6 | 47.04 |
| Long-Term Debt | 15.43 | - | - | 197.7 | 38.54 |
| Long-Term Leases | 18.78 | 0.09 | 0.38 | - | - |
| Long-Term Deferred Tax Liabilities | - | - | - | 21.83 | - |
| Other Long-Term Liabilities | 1.79 | 1.22 | 1.36 | 0.21 | - |
| Total Liabilities | 74.85 | 78.23 | 89.12 | 237.34 | 85.59 |
| Common Stock | 0.01 | 0.01 | 0 | 395.2 | -34.91 |
| Additional Paid-In Capital | 362.06 | 214.06 | 147.63 | - | - |
| Retained Earnings | -319.02 | -254.94 | -203.35 | - | - |
| Total Common Equity | 43.04 | -40.87 | -55.72 | 395.2 | -34.91 |
| Shareholders' Equity | 43.04 | -40.82 | -55.64 | 395.2 | -34.91 |
| Total Liabilities & Equity | 117.89 | 37.41 | 33.48 | 632.54 | 50.67 |
| Total Debt | 37.82 | 69.34 | 77.28 | 199.11 | 58.16 |
| Net Cash (Debt) | -24.9 | -62.71 | -73.03 | -152.29 | -34.29 |
| Net Cash Per Share | -2.63 | -11.47 | - | - | - |
| Filing Date Shares Outstanding | 10.45 | 3.84 | 0.83 | - | - |
| Total Common Shares Outstanding | 9.7 | 3.84 | 0.83 | - | - |
| Working Capital | 20.97 | -42.74 | -57.82 | 272.9 | -15.52 |
| Book Value Per Share | 4.44 | -10.63 | -67.20 | - | - |
| Tangible Book Value | 29.73 | -40.87 | -55.86 | 395.2 | -34.91 |
| Tangible Book Value Per Share | 3.06 | -10.63 | -67.37 | - | - |
| Machinery | 25.92 | 5.18 | 4.8 | - | - |
| Construction In Progress | 0.25 | 0.43 | 0.49 | - | - |
| Leasehold Improvements | 0.42 | 0.39 | 0.39 | - | - |
Source: S&P Capital IQ. Standard template. Financial Sources.