Filing Flows › Workhorse Group (WKHS) › Q2 2026 › vs Q1 2026
Workhorse Group (WKHS) Q2 2026 vs Q1 2026 (quarter over quarter)
Workhorse Group's revenue fell $767K (-18%) from $4.3M in Q1 2026 to $3.6M in Q2 2026. The biggest changes: Vehicles −$876K (-20%); Services, parts and accessories +$103K (+396%); Extended warranty revenue +$6K (+21%).
Workhorse Group, Q2 2026: revenue $3.6M (+375% year over year), operating margin -545.2%, net loss $20.2M, operating cash flow −$24.1M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Vehicles | $3.4M | $4.3M | −$876K | -20% |
| Services, parts and accessories | $129K | $26K | $103K | +396% |
| Extended warranty revenue | $35K | $29K | $6K | +21% |
| Revenue | $3.6M | $4.3M | −$767K | -18% |
| Net loss | $20.2M | $19.9M | $289K | +1% |
| Costs & expenses | $23.7M | $25.4M | −$1.7M | -7% |
| Operating costs | $23.0M | $25.4M | −$2.4M | -10% |
| Interest & other, net | $751K | −$1.2M | $1.9M | — |
| Cost of revenue | $11.0M | $11.8M | −$777K | -7% |
| Research & development | $4.1M | $4.1M | $39K | +1% |
| SG&A | $7.8M | $9.5M | −$1.7M | -18% |
| Operating cash sources | $25.7M | $18.5M | $7.2M | +39% |
| Depreciation & amortization | $1.6M | $2.0M | −$381K | -19% |
| Cash used in operations | $24.1M | $16.5M | $7.6M | +46% |
| Net loss absorbed | $20.2M | $19.9M | $289K | +1% |
| Working capital & other | $5.5M | −$1.4M | $6.9M | — |
Questions
How much did Workhorse Group's revenue grow quarter over quarter in Q2 2026?
Workhorse Group's revenue fell $767K (-18%) from $4.3M in Q1 2026 to $3.6M in Q2 2026.
What drove Workhorse Group's revenue change in Q2 2026?
Vehicles −$876K (-20%); Services, parts and accessories +$103K (+396%); Extended warranty revenue +$6K (+21%).