WKHSWorkhorse Group Inc.

$2M

Q1 2025 Earnings

Consumer Cyclical Auto - Manufacturers

Income Statement

Revenue

$640,922-52.1% YoY

Gross Profit

-$5M-705.8% margin

Operating Income

-$13M-2002.9% margin

Net Income

-$21M-3221.0% margin

EPS (Diluted)

$-4.68

QoQ Revenue Growth

-66.7%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$8M

Stock-Based Comp.

$751,401

Balance Sheet

Total Assets

$115M

Total Liabilities

$84M

Stockholders' Equity

$31M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$640,922	$1M	-52.1%
Gross Profit	-$5M	-$6M	+25.9%
Operating Income	-$13M	-$24M	+45.9%
Net Income	-$21M	-$29M	+29.2%

WKHS Q1 2025 Earnings — Workhorse Group Inc. Revenue & Financial Results | Market Cap Arena