Filing Flows › Workhorse Group (WKHS) › Q2 2026
Workhorse Group (WKHS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
Workhorse Group (WKHS) reported revenue of $3.6M for the second quarter 2026 (Q2 2026), +375% from a year earlier and -18% from the quarter before. Operating margin was -545.2%, net loss $20.2M (566.3% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.6M | -18% | +375% |
| Operating profit | −$19.4M | — | — |
| Net earnings | −$20.2M | — | — |
| Operating cash flow | −$24.1M | — | — |
What changed
Revenue was $3.6M in Q2 2026, up 375% year over year and down 18% from the previous quarter. Vehicles was the largest line at 95% of revenue. Vehicles added $2.7M year over year (up 419%), 98% of the total change.
Operating costs exceeded revenue by $19.4M, an operating margin of -545.2%. Total costs grew 135% against revenue growth of 375%. The fastest-growing cost line was Cost of revenue (+423%). The quarter ended with a net loss of $20.2M, wider than the previous quarter's $19.9M loss.
Operating cash flow was −$24.1M. Non-cash charges added back $1.6M of depreciation and amortization. Working capital and other items used $5.5M. Capital expenditures of $145K exceeded it, leaving free cash flow of −$24.2M.
Questions
What was Workhorse Group's revenue in the second quarter 2026?
Workhorse Group (WKHS) reported revenue of $3.6M for the second quarter 2026 (Q2 2026), +375% from a year earlier and -18% from the quarter before.
Was Workhorse Group profitable in the second quarter 2026?
Operating loss was $19.4M (-545.2% of revenue) and net loss $20.2M.
Source: Workhorse Group 10-Q on SEC EDGAR.