Workhorse Group（WKHS）株式概要は、電動配送トラックとドローンシステムソリューションの設計・製造を行っている。 詳細WKHS ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長2/6過去の実績0/6財務の健全性2/6配当金0/6報酬収益は年間49.44%増加すると予測されています 過去 1 年間で収益は256.1%増加しましたリスク分析キャッシュランウェイが1年未満である US市場と比較して、過去 3 か月間の株価の変動が非常に大きい意味のある時価総額がありません ( $30M )現在は利益が出ておらず、今後3年間で利益が出る見込みはない すべてのリスクチェックを見るWKHS Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW495,370 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG495,370 investors already sharing narrativesYour Fair ValueUS$Current PriceUS$2.770% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-94m182m2016201920222025202620282031Revenue US$181.8mEarnings US$9.0mAdvancedSet Fair ValueView all narrativesWorkhorse Group, Inc. 競合他社Azio AI HoldingsSymbol: NasdaqCM:AZIOMarket cap: US$23.3mFaraday Future Intelligent ElectricSymbol: NasdaqCM:FFAIMarket cap: US$33.3mCenntroSymbol: NasdaqCM:CENNMarket cap: US$8.2mRecreatives IndustriesSymbol: OTCPK:RECXMarket cap: US$3.5m価格と性能株価の高値、安値、推移の概要Workhorse Group過去の株価現在の株価US$2.7752週高値US$6.0052週安値US$2.31ベータ01ヶ月の変化-8.58%3ヶ月変化-2.81%1年変化n/a3年間の変化n/a5年間の変化n/aIPOからの変化-51.57%最新ニュースお知らせ • Jul 15Workhorse Group, Inc. to Report Q2, 2026 Results on Aug 13, 2026Workhorse Group, Inc. announced that they will report Q2, 2026 results on Aug 13, 2026お知らせ • Jul 14+ 1 more updateWorkhorse Group Inc. Announces Executive Changes, Effective from July 13, 2026As previously disclosed by Workhorse Group Inc. (the “Company”) in its definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission on October 8, 2025, in connection with the Company’s acquisition of Motiv Power Systems, Inc. (the “Merger”), certain executives of the Company, including Robert M. Ginnan, the Company’s Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer), agreed to terminate their employment with the Company upon the closing of the Merger, or such later date as reasonably required for such executives to successfully transition their duties. In connection with the appointment of Jody Davis, on July 13, 2026, Robert M. Ginnan and the Company agreed that Mr. Ginnan will no longer serve as the Company’s Chief Financial Officer, effective July 13, 2026. On July 13, 2026, the Company announced the appointment Lindsay A. Barnes as its Chief Accounting Officer (Principal Accounting Officer), effective immediately. Ms. Barnes has served as the Company’s Vice President, Corporate Controller since November 2025. Ms. Barnes has more than twenty-six years of experience in the field of accounting. Prior to joining the Company, she has most recently served as Vice President, Controller of Mastronardi Produce Ltd, a commercial produce company, from February 2024 to April 2025. Previously, Ms. Barnes held various positions at La-Z-Boy Incorporated, including Vice President of Strategy, Vice President of Finance and Treasurer, Vice President, Corporate Controller and Chief Accounting Officer from November 2011 until February 2024. Ms. Barnes is a registered certified public accountant and holds a BBA in accounting from Eastern Michigan University. There is currently no change to Ms. Barnes’ compensation as a result of her appointment as Chief Accounting Officer.お知らせ • May 22Workhorse Group, Inc., Annual General Meeting, Jun 29, 2026Workhorse Group, Inc., Annual General Meeting, Jun 29, 2026.Reported Earnings • May 17First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: US$1.99 loss per share (further deteriorated from US$1.36 loss in 1Q 2025). Revenue: US$4.33m (up 278% from 1Q 2025). Net loss: US$19.9m (loss widened 57% from 1Q 2025). Revenue missed analyst estimates by 49%. Earnings per share (EPS) also missed analyst estimates by 35%. Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Auto industry in the US.お知らせ • May 01Workhorse Group, Inc. to Report Q1, 2026 Results on May 14, 2026Workhorse Group, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 14, 2026New Risk • Apr 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-US$36m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$43m net loss in 2 years). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$24.5m market cap).最新情報をもっと見るRecent updatesお知らせ • Jul 15Workhorse Group, Inc. to Report Q2, 2026 Results on Aug 13, 2026Workhorse Group, Inc. announced that they will report Q2, 2026 results on Aug 13, 2026お知らせ • Jul 14+ 1 more updateWorkhorse Group Inc. Announces Executive Changes, Effective from July 13, 2026As previously disclosed by Workhorse Group Inc. (the “Company”) in its definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission on October 8, 2025, in connection with the Company’s acquisition of Motiv Power Systems, Inc. (the “Merger”), certain executives of the Company, including Robert M. Ginnan, the Company’s Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer), agreed to terminate their employment with the Company upon the closing of the Merger, or such later date as reasonably required for such executives to successfully transition their duties. In connection with the appointment of Jody Davis, on July 13, 2026, Robert M. Ginnan and the Company agreed that Mr. Ginnan will no longer serve as the Company’s Chief Financial Officer, effective July 13, 2026. On July 13, 2026, the Company announced the appointment Lindsay A. Barnes as its Chief Accounting Officer (Principal Accounting Officer), effective immediately. Ms. Barnes has served as the Company’s Vice President, Corporate Controller since November 2025. Ms. Barnes has more than twenty-six years of experience in the field of accounting. Prior to joining the Company, she has most recently served as Vice President, Controller of Mastronardi Produce Ltd, a commercial produce company, from February 2024 to April 2025. Previously, Ms. Barnes held various positions at La-Z-Boy Incorporated, including Vice President of Strategy, Vice President of Finance and Treasurer, Vice President, Corporate Controller and Chief Accounting Officer from November 2011 until February 2024. Ms. Barnes is a registered certified public accountant and holds a BBA in accounting from Eastern Michigan University. There is currently no change to Ms. Barnes’ compensation as a result of her appointment as Chief Accounting Officer.お知らせ • May 22Workhorse Group, Inc., Annual General Meeting, Jun 29, 2026Workhorse Group, Inc., Annual General Meeting, Jun 29, 2026.Reported Earnings • May 17First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: US$1.99 loss per share (further deteriorated from US$1.36 loss in 1Q 2025). Revenue: US$4.33m (up 278% from 1Q 2025). Net loss: US$19.9m (loss widened 57% from 1Q 2025). Revenue missed analyst estimates by 49%. Earnings per share (EPS) also missed analyst estimates by 35%. Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Auto industry in the US.お知らせ • May 01Workhorse Group, Inc. to Report Q1, 2026 Results on May 14, 2026Workhorse Group, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 14, 2026New Risk • Apr 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-US$36m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$43m net loss in 2 years). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$24.5m market cap).Reported Earnings • Apr 02Full year 2025 earnings released: US$6.76 loss per share (vs US$26.20 loss in FY 2024)Full year 2025 results: US$6.76 loss per share. Revenue: US$21.2m (up 201% from FY 2024). Net loss: US$64.1m (loss widened 24% from FY 2024).お知らせ • Mar 26Workhorse Group Inc. Expands Product Lineup with 140 kWh Version of W56 Step VanWorkhorse Group Inc. announced the availability of a new W56 Step Van model with a 140 kWh battery. The new model is based on the same platform as the 210 kWh Workhorse W56 step van, which comes in two wheelbases (Standard and Extended). W56 step vans with the Standard Wheelbase and 140 kWh configuration offer an estimated nominal range of 100 miles per charge at full payload. Pricing begins at $169,000 which includes a fully-integrated, purpose-built composite body. Workhorse produces the W56 fully on site, which can result in lower costs and more predictable delivery timelines. The Standard 178" Wheelbase offers 1,000 cubic feet of cargo space and a payload of 11,000 lbs. The Expanded 208" Wheelbase offers 1,000 cubic feet of cargo space and 10,000 lbs. Fleet operators have consistently reported that 100 miles of daily range substantially exceeds their needs for many of their routes. They’ve stated that a more appropriately sized battery pack at a lower price point would strengthen the business case for electrification. The new model and pricing are a result of the initial synergies realized through Workhorse’s December 2025 merger with Motiv Electric Trucks, as the combined company works to drive down production costs through economies of scale as well as operational and supply chain efficiencies. Fleets now have new options as they seek to reduce overall operating costs and hedge against the volatility of gas prices. ISPs can now operate a blend of 140 kWh and 210 kWh configurations of the Workhorse W56 to optimize performance among the mix of shorter and longer routes they serve daily. The W56 is currently in production at Workhorse’s commercial-scale manufacturing facility in Union City, Indiana, which is capable of producing up to 5,000+ vehicles per year on a single operating shift. Workhorse sells its vehicles through a national dealer network, with post-sale support bolstered by regionally deployed Workhorse-trained technicians.お知らせ • Mar 25Workhorse Group, Inc. to Report Q4, 2025 Results on Mar 31, 2026Workhorse Group, Inc. announced that they will report Q4, 2025 results on Mar 31, 2026New Risk • Jan 18New major risk - Negative shareholders equityThe company has negative equity. Total equity: -US$66m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-US$66m). Revenue has declined by 28% over the past year. Minor Risk Market cap is less than US$100m (US$54.7m market cap).Board Change • Dec 31No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Desi Ujkashevic was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.株主還元WKHSUS AutoUS 市場7D4.9%-3.6%-0.7%1Yn/a12.7%17.3%株主還元を見る業界別リターン: WKHSがUS Auto業界に対してどのようなパフォーマンスを示したかを判断するにはデータが不十分です。リターン対市場: WKHS US市場に対してどのようなパフォーマンスを示したかを判断するにはデータが不十分です。価格変動Is WKHS's price volatile compared to industry and market?WKHS volatilityWKHS Average Weekly Movement17.0%Auto Industry Average Movement8.0%Market Average Movement7.2%10% most volatile stocks in US Market16.3%10% least volatile stocks in US Market3.2%安定した株価: WKHSの株価は、 US市場と比較して過去 3 か月間で変動しています。時間の経過による変動: WKHSの weekly volatility ( 17% ) は過去 1 年間安定していますが、依然としてUSの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイトn/a148Scott Griffithwww.motivtrucks.comは、電気配送トラックとドローンシステム・ソリューションを設計・製造している。同社は、ステップバンとストリップドシャーシ、ストリップドシャーシ、シャトルバス、スクールバス、ボックストラック、ワークトラック、リモートデータ管理システムであるワークホース・コネクト、テレマティクスと充電インフラソリューション、アフターセールス車両サービス、ボディショップと部品、組立サービスを提供している。製品はWorkhorseとMotivのブランド名で販売している。本拠地はミシガン州ウィクソム。もっと見るWorkhorse Group, Inc. 基礎のまとめWorkhorse Group の収益と売上を時価総額と比較するとどうか。WKHS 基礎統計学時価総額US$30.07m収益（TTM）-US$71.31m売上高(TTM)US$24.40m1.2xP/Sレシオ-0.4xPER（株価収益率WKHS は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計WKHS 損益計算書（TTM）収益US$24.40m売上原価US$40.35m売上総利益-US$15.96mその他の費用US$55.35m収益-US$71.31m直近の収益報告Mar 31, 2026次回決算日Aug 13, 2026一株当たり利益（EPS）-6.55グロス・マージン-65.42%純利益率-292.32%有利子負債／自己資本比率78.9%WKHS の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/21 14:26終値2026/07/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Workhorse Group, Inc. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Gregory LewisBTIGCraig IrwinRoth Capital Partners
お知らせ • Jul 15Workhorse Group, Inc. to Report Q2, 2026 Results on Aug 13, 2026Workhorse Group, Inc. announced that they will report Q2, 2026 results on Aug 13, 2026
お知らせ • Jul 14+ 1 more updateWorkhorse Group Inc. Announces Executive Changes, Effective from July 13, 2026As previously disclosed by Workhorse Group Inc. (the “Company”) in its definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission on October 8, 2025, in connection with the Company’s acquisition of Motiv Power Systems, Inc. (the “Merger”), certain executives of the Company, including Robert M. Ginnan, the Company’s Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer), agreed to terminate their employment with the Company upon the closing of the Merger, or such later date as reasonably required for such executives to successfully transition their duties. In connection with the appointment of Jody Davis, on July 13, 2026, Robert M. Ginnan and the Company agreed that Mr. Ginnan will no longer serve as the Company’s Chief Financial Officer, effective July 13, 2026. On July 13, 2026, the Company announced the appointment Lindsay A. Barnes as its Chief Accounting Officer (Principal Accounting Officer), effective immediately. Ms. Barnes has served as the Company’s Vice President, Corporate Controller since November 2025. Ms. Barnes has more than twenty-six years of experience in the field of accounting. Prior to joining the Company, she has most recently served as Vice President, Controller of Mastronardi Produce Ltd, a commercial produce company, from February 2024 to April 2025. Previously, Ms. Barnes held various positions at La-Z-Boy Incorporated, including Vice President of Strategy, Vice President of Finance and Treasurer, Vice President, Corporate Controller and Chief Accounting Officer from November 2011 until February 2024. Ms. Barnes is a registered certified public accountant and holds a BBA in accounting from Eastern Michigan University. There is currently no change to Ms. Barnes’ compensation as a result of her appointment as Chief Accounting Officer.
お知らせ • May 22Workhorse Group, Inc., Annual General Meeting, Jun 29, 2026Workhorse Group, Inc., Annual General Meeting, Jun 29, 2026.
Reported Earnings • May 17First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: US$1.99 loss per share (further deteriorated from US$1.36 loss in 1Q 2025). Revenue: US$4.33m (up 278% from 1Q 2025). Net loss: US$19.9m (loss widened 57% from 1Q 2025). Revenue missed analyst estimates by 49%. Earnings per share (EPS) also missed analyst estimates by 35%. Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Auto industry in the US.
お知らせ • May 01Workhorse Group, Inc. to Report Q1, 2026 Results on May 14, 2026Workhorse Group, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 14, 2026
New Risk • Apr 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-US$36m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$43m net loss in 2 years). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$24.5m market cap).
お知らせ • Jul 15Workhorse Group, Inc. to Report Q2, 2026 Results on Aug 13, 2026Workhorse Group, Inc. announced that they will report Q2, 2026 results on Aug 13, 2026
お知らせ • Jul 14+ 1 more updateWorkhorse Group Inc. Announces Executive Changes, Effective from July 13, 2026As previously disclosed by Workhorse Group Inc. (the “Company”) in its definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission on October 8, 2025, in connection with the Company’s acquisition of Motiv Power Systems, Inc. (the “Merger”), certain executives of the Company, including Robert M. Ginnan, the Company’s Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer), agreed to terminate their employment with the Company upon the closing of the Merger, or such later date as reasonably required for such executives to successfully transition their duties. In connection with the appointment of Jody Davis, on July 13, 2026, Robert M. Ginnan and the Company agreed that Mr. Ginnan will no longer serve as the Company’s Chief Financial Officer, effective July 13, 2026. On July 13, 2026, the Company announced the appointment Lindsay A. Barnes as its Chief Accounting Officer (Principal Accounting Officer), effective immediately. Ms. Barnes has served as the Company’s Vice President, Corporate Controller since November 2025. Ms. Barnes has more than twenty-six years of experience in the field of accounting. Prior to joining the Company, she has most recently served as Vice President, Controller of Mastronardi Produce Ltd, a commercial produce company, from February 2024 to April 2025. Previously, Ms. Barnes held various positions at La-Z-Boy Incorporated, including Vice President of Strategy, Vice President of Finance and Treasurer, Vice President, Corporate Controller and Chief Accounting Officer from November 2011 until February 2024. Ms. Barnes is a registered certified public accountant and holds a BBA in accounting from Eastern Michigan University. There is currently no change to Ms. Barnes’ compensation as a result of her appointment as Chief Accounting Officer.
お知らせ • May 22Workhorse Group, Inc., Annual General Meeting, Jun 29, 2026Workhorse Group, Inc., Annual General Meeting, Jun 29, 2026.
Reported Earnings • May 17First quarter 2026 earnings: EPS and revenues miss analyst expectationsFirst quarter 2026 results: US$1.99 loss per share (further deteriorated from US$1.36 loss in 1Q 2025). Revenue: US$4.33m (up 278% from 1Q 2025). Net loss: US$19.9m (loss widened 57% from 1Q 2025). Revenue missed analyst estimates by 49%. Earnings per share (EPS) also missed analyst estimates by 35%. Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Auto industry in the US.
お知らせ • May 01Workhorse Group, Inc. to Report Q1, 2026 Results on May 14, 2026Workhorse Group, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 14, 2026
New Risk • Apr 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-US$36m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$43m net loss in 2 years). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$24.5m market cap).
Reported Earnings • Apr 02Full year 2025 earnings released: US$6.76 loss per share (vs US$26.20 loss in FY 2024)Full year 2025 results: US$6.76 loss per share. Revenue: US$21.2m (up 201% from FY 2024). Net loss: US$64.1m (loss widened 24% from FY 2024).
お知らせ • Mar 26Workhorse Group Inc. Expands Product Lineup with 140 kWh Version of W56 Step VanWorkhorse Group Inc. announced the availability of a new W56 Step Van model with a 140 kWh battery. The new model is based on the same platform as the 210 kWh Workhorse W56 step van, which comes in two wheelbases (Standard and Extended). W56 step vans with the Standard Wheelbase and 140 kWh configuration offer an estimated nominal range of 100 miles per charge at full payload. Pricing begins at $169,000 which includes a fully-integrated, purpose-built composite body. Workhorse produces the W56 fully on site, which can result in lower costs and more predictable delivery timelines. The Standard 178" Wheelbase offers 1,000 cubic feet of cargo space and a payload of 11,000 lbs. The Expanded 208" Wheelbase offers 1,000 cubic feet of cargo space and 10,000 lbs. Fleet operators have consistently reported that 100 miles of daily range substantially exceeds their needs for many of their routes. They’ve stated that a more appropriately sized battery pack at a lower price point would strengthen the business case for electrification. The new model and pricing are a result of the initial synergies realized through Workhorse’s December 2025 merger with Motiv Electric Trucks, as the combined company works to drive down production costs through economies of scale as well as operational and supply chain efficiencies. Fleets now have new options as they seek to reduce overall operating costs and hedge against the volatility of gas prices. ISPs can now operate a blend of 140 kWh and 210 kWh configurations of the Workhorse W56 to optimize performance among the mix of shorter and longer routes they serve daily. The W56 is currently in production at Workhorse’s commercial-scale manufacturing facility in Union City, Indiana, which is capable of producing up to 5,000+ vehicles per year on a single operating shift. Workhorse sells its vehicles through a national dealer network, with post-sale support bolstered by regionally deployed Workhorse-trained technicians.
お知らせ • Mar 25Workhorse Group, Inc. to Report Q4, 2025 Results on Mar 31, 2026Workhorse Group, Inc. announced that they will report Q4, 2025 results on Mar 31, 2026
New Risk • Jan 18New major risk - Negative shareholders equityThe company has negative equity. Total equity: -US$66m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-US$66m). Revenue has declined by 28% over the past year. Minor Risk Market cap is less than US$100m (US$54.7m market cap).
Board Change • Dec 31No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Desi Ujkashevic was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
