Company / Gross Profit
Workhorse Group Inc. Gross Profit History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
-$6.1M
FY2025
5-year range
-$32.6M / -$5.5M
FY2021-FY2025
Trend
+75.7%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Profit has fluctuated over the past 9 years, ranging from -$33M in FY2023 to $139,980 in FY2016.
Based on SEC 10-K filings.
-$6M in FY2025.
Improved from -$33M to -$6M over the past 2 years.
Gross Profit over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- In FY2025, gross profit increased 75.7% year-over-year.
- Peak gross profit was recorded in FY2016.
- Lowest gross profit in the period was in FY2023.
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 ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$6.1M | +75.7% |
| FY2024 | -$25.3M | +22.6% |
| FY2023 | -$32.6M | -179.7% |
| FY2022 | -$11.7M | -113.5% |
| FY2020 | -$5.5M | +64.0% |
| FY2019 | -$15.2M | -4.9% |
| FY2018 | -$14.5M | -102.1% |
| FY2017 | -$7.2M | -5217.5% |
| FY2016 | $140.0K | - |
| FY2015 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026