Company / Revenue
Workhorse Group Inc. Revenue History
FY2015-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Revenue
$7.0M
FY2025
5-year range
$376.6K / $13.1M
FY2021-FY2025
Trend
-46.2%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Revenue has fluctuated over the past 10 years, ranging from $139,980 in FY2016 to $13M in FY2024.
Based on SEC 10-K filings.
$7M in FY2025 with a 10-year CAGR of +44.5%.
Improved from $5M to $7M over the past 2 years.
Revenue over time
Growth rates
- 3-Year CAGR
- +71.7%
- 5-Year CAGR
- +79.6%
- 10-Year CAGR
- +44.5%
Key checks
Key Insights
- 5-year CAGR of +79.6%, indicating consistent growth.
- In FY2025, revenue decreased 46.2% year-over-year.
- Peak revenue was recorded in FY2024.
- Lowest revenue in the period was in FY2016.
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 | RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $7.0M | -46.2% |
| FY2024 | $13.1M | +160.7% |
| FY2023 | $5.0M | +260.7% |
| FY2022 | $1.4M | +269.8% |
| FY2020 | $376.6K | -50.7% |
| FY2019 | $763.2K | -92.4% |
| FY2018 | $10.0M | +56.5% |
| FY2017 | $6.4M | +4482.7% |
| FY2016 | $140.0K | -21.1% |
| FY2015 | $177.5K | +0.0% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026