Company / Operating Income
Workhorse Group Inc. Operating Income History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
-$41.3M
FY2025
5-year range
-$129.1M / -$8.0M
FY2021-FY2025
Trend
+60.7%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Improved from -$129M to -$41M over the past 2 years.
Based on SEC 10-K filings.
-$41M in FY2025.
Improved from -$129M to -$41M over the past 2 years.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- In FY2025, operating income increased 60.7% year-over-year.
- Peak operating income was recorded in FY2020.
- Lowest operating income 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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$41.3M | +60.7% |
| FY2024 | -$105.3M | +18.4% |
| FY2023 | -$129.1M | -215.0% |
| FY2022 | -$41.0M | -411.2% |
| FY2020 | -$8.0M | +76.5% |
| FY2019 | -$34.1M | - |
| FY2018 | - | - |
| FY2017 | - | - |
| FY2016 | - | - |
| FY2015 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026