{"data":{"ticker":"WKHS","slug":"workhorse-group","name":"Workhorse Group","exchange":"NASDAQ","sector":"Consumer Cyclical","headquarters":"Cincinnati, Ohio","ceo":"Scott W. Griffith","employees":148,"website":"https://www.motivtrucks.com","founded":"2007","layers":[{"slug":"autonomous-vehicles","name":"Autonomous Vehicles"},{"slug":"robotics","name":"Robotics & Automation"}],"exposure":{"score":10,"tier":"Peripheral","rationale":"Workhorse sells electric last-mile delivery vans and drone systems, with software for route optimization and fleet management. The thesis is commercial EV adoption and survival, with AI and autonomy peripheral options."},"quote":{"price":3.09,"change24hPct":-1.28,"change7dPct":4.75,"change30dPct":5.82,"change1yPct":-67.28,"high52w":11.93,"low52w":2.34,"marketCap":33769328,"peRatio":null,"eps":-6.61,"volume24h":284079},"nextEarningsDate":"2026-11-12","summary":"Workhorse Group makes electric delivery vehicles. It sells last-mile electric vans to commercial fleets and has developed the HorseFly delivery drone, earning revenue from vehicle sales into the slowly forming commercial EV market.","explainer":["Workhorse Group makes electric delivery vehicles. It sells last-mile electric vans to commercial fleets and has developed the HorseFly delivery drone, earning revenue from vehicle sales into the slowly forming commercial EV market.","Software and autonomy round out the offering: AI route optimization for delivery fleets, drone AI for HorseFly, machine learning fleet management, and an autonomous delivery platform in development.","Founded in 2007 and headquartered in Cincinnati, Ohio, Workhorse trades on the NASDAQ, employs roughly 250 people, and is led by CEO Scott W. Griffith."],"buildoutRole":"Workhorse spans the Autonomous Vehicles and Robotics & Automation layers, but AI and autonomy are peripheral options on a business whose real test is commercial EV adoption and its own survival. Route optimization and fleet ML add value to its vans, and the HorseFly drone points at autonomous delivery, yet none of these drive revenue today. Supercycle scores Workhorse's AI exposure at 10 out of 100.","faq":[{"q":"What does Workhorse Group do?","a":"Workhorse makes electric last-mile delivery vans and the HorseFly delivery drone, selling to commercial fleets. Its software includes AI route optimization and machine learning fleet management."},{"q":"How is Workhorse Group exposed to AI?","a":"Marginally. Supercycle scores it 10 out of 100. The thesis is commercial EV adoption and survival, with AI routing and autonomous delivery as peripheral options rather than revenue drivers."},{"q":"What are Workhorse's main products?","a":"Electric delivery vans, the HorseFly delivery drone with AI, AI route optimization, machine learning fleet management, and an autonomous delivery platform in development."},{"q":"Where is Workhorse headquartered and who leads it?","a":"Workhorse Group is headquartered in Cincinnati, Ohio, and led by CEO Scott W. Griffith. The company was founded in 2007, trades on the NASDAQ, and employs roughly 250 people."}],"history1y":[{"date":"2026-09-28","close":2.9},{"date":"2026-09-29","close":2.9},{"date":"2026-09-30","close":2.93},{"date":"2026-10-01","close":2.94},{"date":"2026-10-02","close":2.97},{"date":"2026-10-05","close":2.95},{"date":"2026-10-06","close":2.94},{"date":"2026-10-07","close":2.94},{"date":"2026-10-08","close":2.92},{"date":"2026-10-09","close":2.95},{"date":"2026-10-12","close":2.98},{"date":"2026-10-13","close":3.04},{"date":"2026-10-14","close":2.93},{"date":"2026-10-15","close":2.9},{"date":"2026-10-16","close":2.64},{"date":"2026-10-19","close":2.66},{"date":"2026-10-20","close":2.65},{"date":"2026-10-21","close":2.65},{"date":"2026-10-22","close":2.62},{"date":"2026-10-23","close":2.6},{"date":"2026-10-26","close":2.54},{"date":"2026-10-27","close":2.56},{"date":"2026-10-28","close":2.54},{"date":"2026-10-29","close":2.55},{"date":"2026-10-30","close":2.95},{"date":"2026-11-02","close":2.86},{"date":"2026-11-03","close":3.15},{"date":"2026-11-04","close":3.31},{"date":"2026-11-05","close":3.13},{"date":"2026-11-06","close":3.09}],"incomeStatements":[{"ticker":"WKHS","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","revenue":21211000,"cost_of_revenue":30766000,"gross_profit":-9555000,"operating_expense":0,"operating_income":-47440000,"net_income":-64086000,"earnings_per_share":-6.76,"earnings_per_share_diluted":-6.76,"research_and_development":13163000,"selling_general_and_administrative_expenses":24722000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"WKHS","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","revenue":7044000,"cost_of_revenue":13190000,"gross_profit":-6146000,"operating_expense":0,"operating_income":-35084000,"net_income":-51588000,"earnings_per_share":-620.28,"earnings_per_share_diluted":-620.28,"research_and_development":12891000,"selling_general_and_administrative_expenses":16047000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"WKHS","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","revenue":13094752,"cost_of_revenue":38350545,"gross_profit":-25255793,"operating_expense":0,"operating_income":-105298466,"net_income":-123919189,"earnings_per_share":-1793.4,"earnings_per_share_diluted":-1793.4,"research_and_development":24467933,"selling_general_and_administrative_expenses":55574740,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"WKHS","report_period":"2022-12-31","fiscal_period":"2022-FY","period":"annual","currency":"USD","revenue":5023072,"cost_of_revenue":37672308,"gross_profit":-32649236,"operating_expense":0,"operating_income":-129082864,"net_income":-117274218,"earnings_per_share":-2220,"earnings_per_share_diluted":-2220,"research_and_development":23213540,"selling_general_and_administrative_expenses":73220088,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0}],"balanceSheets":[{"ticker":"WKHS","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","total_assets":117892000,"current_assets":59822000,"cash_and_equivalents":12240000,"total_liabilities":74850000,"current_liabilities":38852000,"total_debt":37822000,"shareholders_equity":43042000,"retained_earnings":-319023000},{"ticker":"WKHS","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","total_assets":37408000,"current_assets":34175000,"cash_and_equivalents":6475000,"total_liabilities":78231000,"current_liabilities":76918000,"total_debt":69337000,"shareholders_equity":-40823000,"retained_earnings":-254937000},{"ticker":"WKHS","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","total_assets":141674724,"current_assets":93825478,"cash_and_equivalents":25845915,"total_liabilities":58562553,"current_liabilities":53282027,"total_debt":29021238,"shareholders_equity":83112171,"retained_earnings":-751568251},{"ticker":"WKHS","report_period":"2022-12-31","fiscal_period":"2022-FY","period":"annual","currency":"USD","total_assets":182742475,"current_assets":139358267,"cash_and_equivalents":99276301,"total_liabilities":74155544,"current_liabilities":63310482,"total_debt":10125094,"shareholders_equity":108586931,"retained_earnings":-627649062}],"holders13f":[],"news":[{"title":"Workhorse Enters Modular AI Infrastructure Market Through Foundational TerraPod™ Partnership with UK-Based RHAELM","source":null,"url":"https://finance.yahoo.com/technology/ai/articles/workhorse-enters-modular-ai-infrastructure-200100765.html?.tsrc=rss","date":"2026-10-29"},{"title":"Workhorse Partners with Tristan Fleet Management to Sell and Service All-electric W56 Step Vans in Canada","source":null,"url":"https://finance.yahoo.com/technology/articles/workhorse-partners-tristan-fleet-management-130000832.html?.tsrc=rss","date":"2026-10-22"},{"title":"Workhorse Group Sets Date for Third Quarter Earnings Release and Conference Call","source":null,"url":"https://finance.yahoo.com/markets/stocks/articles/workhorse-group-sets-date-third-130000222.html?.tsrc=rss","date":"2026-10-15"},{"title":"Workhorse Group (WKHS) Stock Sees Modest Fair Value Cut As Margin View Softens","source":null,"url":"https://finance.yahoo.com/markets/stocks/articles/workhorse-group-wkhs-stock-sees-031914308.html?.tsrc=rss","date":"2026-09-20"},{"title":"Workhorse (WKHS) Q2 2026 Earnings Call Transcript","source":null,"url":"https://www.fool.com/earnings/call-transcripts/2026/08/14/workhorse-wkhs-q2-2026-earnings-call-transcript/?.tsrc=rss","date":"2026-08-14"},{"title":"Workhorse Group Inc. Q2 2026 Earnings Call Summary","source":null,"url":"https://app.moby.co/home/research/tools/earningsCalendar/earnings-workhorse-group-inc-q2-2026-earnings-call-summary?utm_source=yahoo_finance&utm_medium=rss&.tsrc=rss","date":"2026-08-14"},{"title":"Workhorse Group Inc (WKHS) (Q2 2026) Earnings Call Highlights: Strategic Pivot to Mobile AI ...","source":null,"url":"https://finance.yahoo.com/markets/stocks/articles/workhorse-group-inc-wkhs-q2-050322918.html?.tsrc=rss","date":"2026-08-14"},{"title":"Workhorse Group Reports Second Quarter 2026 Results","source":null,"url":"https://finance.yahoo.com/markets/stocks/articles/workhorse-group-reports-second-quarter-200500155.html?.tsrc=rss","date":"2026-08-13"}]},"meta":{"version":"v1","asOf":"2026-11-06","builtAt":"2026-11-08T15:24:41.113Z","tier":"free","source":"https://supercyclehq.com/stock/workhorse-group","disclaimer":"Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.","license":"Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."},"links":{"self":"https://supercyclehq.com/api/v1/stocks/WKHS","html":"https://supercyclehq.com/stock/workhorse-group","md":"https://supercyclehq.com/stock/workhorse-group.md","docs":"https://supercyclehq.com/api/v1/openapi.json"}}