Filing Flows › Comparisons › WKHS vs FLYE
Workhorse Group vs Fly-E Group: WKHS and FLYE compared
Workhorse Group is the larger company: $3.6M of revenue in its latest quarter (Q2 2026) against $2.7M for Fly-E Group (Q1 FY27). Workhorse Group is growing faster (+375% against -48% a year earlier). Fly-E Group is more profitable, with an operating margin of -128.7% against -545.2%.
Where the money goes: WKHS and FLYE
Workhorse Group (WKHS) · Q2 2026
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.
Fly-E Group (FLYE) · Q1 FY27
Fly-E Group, Q1 FY27: revenue $2.7M (-48% year over year), operating margin -128.7%, net loss $3.9M, operating cash flow −$190K. The chart follows the revenue to costs, profit and cash.
| Workhorse Group (WKHS) | Fly-E Group (FLYE) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q1 FY27 |
| Revenue | $3.6M | $2.7M |
| Revenue growth, Y/Y | +375% | -48% |
| Operating margin | -545.2% | -128.7% |
| Net earnings | −$20.2M | −$3.9M |
| Net margin | -566.3% | -143.3% |
| Operating cash flow | −$24.1M | −$190K |
Where the revenue comes from
Workhorse Group
- Vehicles: $3.4M (95%)
- Services, parts and accessories: $129K (4%)
- Extended warranty revenue: $35K (1%)
Fly-E Group
- Product revenues - wholesale (ASC 606): $2.1M (76%)
- Product revenues - retail (ASC 606): $589K (21%)
- Revenues - rental services (ASC 842): $62K (2%)
Questions
Which is bigger, Workhorse Group or Fly-E Group?
Workhorse Group is the larger company: $3.6M of revenue in its latest quarter (Q2 2026) against $2.7M for Fly-E Group (Q1 FY27).
Is Workhorse Group or Fly-E Group growing faster?
Workhorse Group is growing faster (+375% against -48% a year earlier).
Which is more profitable, Workhorse Group or Fly-E Group?
Fly-E Group is more profitable, with an operating margin of -128.7% against -545.2%.
More: Workhorse Group earnings · how Workhorse Group makes money · Fly-E Group earnings · how Fly-E Group makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 13, 2026; 10-Q filed Sep 1, 2026). Fiscal quarters can end on different dates. Not investment advice.