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Filing Flows › Workhorse Group (WKHS) › Q1 2026 › vs Q4 2025

Workhorse Group (WKHS) Q1 2026 vs Q4 2025 (quarter over quarter)

Workhorse Group's revenue fell $8.2M (-65%) from $12.5M in Q4 2025 to $4.3M in Q1 2026.

Workhorse Group, Q1 2026: revenue $4.3M (+278% year over year), operating margin -487.3%, net loss $19.9M, operating cash flow −$16.5M. The chart draws each line against Q4 2025, the increases inside each band.

Workhorse Group: what changed, Q1 2026 vs Q4 2025Workhorse Group: what changed, Q1 2026 vs Q4 2025Other income, net$18.4MOperating costs$9.3MWorking capital & other−$8.9MCosts & expenses−$7.9MCash used in operations$6.0MDepreciation & amortization$2.0MNet loss−$951KOperating cash sources−$951KNet loss absorbed−$951KIncome tax benefit$38K

Every line

LineQ1 2026Q4 2025Change%
Revenue$4.3M$12.5M−$8.2M-65%
Other income, net$1.2M−$17.3M$18.4M—
Income tax benefit$34K−$4K$38K—
Net loss$19.9M$20.8M−$951K-5%
Costs & expenses$25.4M$33.3M−$7.9M-24%
Operating costs$25.4M$16.1M$9.3M+58%
Operating cash sources$19.9M$20.8M−$951K-5%
Depreciation & amortization$2.0M$0$2.0M—
Working capital & other$1.4M$10.3M−$8.9M-87%
Cash used in operations$16.5M$10.5M$6.0M+57%
Net loss absorbed$19.9M$20.8M−$951K-5%

Questions

How much did Workhorse Group's revenue grow quarter over quarter in Q1 2026?

Workhorse Group's revenue fell $8.2M (-65%) from $12.5M in Q4 2025 to $4.3M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →