Company / Gross Margin
Workhorse Group Inc. Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
-87.3%
FY2025
5-year range
-1452.2% / -87.3%
FY2021-FY2025
Trend
+54.8%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Margin has increased for 5 consecutive years, from -1990.4% in FY2019 to -87.3% in FY2025.
Based on SEC 10-K filings.
-87.3% in FY2025 with a 5-year CAGR of +1364.9%.
Improved from -650.0% to -87.3% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- +751.1pp
- 5-Year Change
- +1364.9pp
- 10-Year Change
- -
Key checks
Key Insights
- Workhorse Group Inc.'s gross margin has grown for 5 consecutive years.
- In FY2025, gross margin increased 54.8% year-over-year.
- Peak gross margin was recorded in FY2016.
- Lowest gross margin in the period was in FY2019.
Company context
Key Data Points
- Altman Z-Score -1.01 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -87.3% | +54.8% |
| FY2024 | -192.9% | +70.3% |
| FY2023 | -650.0% | +22.5% |
| FY2022 | -838.4% | +42.3% |
| FY2020 | -1452.2% | +27.0% |
| FY2019 | -1990.4% | -1280.0% |
| FY2018 | -144.2% | -29.2% |
| FY2017 | -111.7% | -211.7% |
| FY2016 | 100.0% | - |
| FY2015 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026