Income Statement (TTM)
Workhorse Group Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 09-30 |
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 2 | 3 | 2 | -1 | -1 | -3 | -0 | 5 | 7 | 11 | 12 | 13 | 13 | 10 | 9 | 7 | 6 | 11 |
| Change (%) | 87.28 | 31.36 | 60.73 | -38.82 | -147.36 | 59.48 | 87.61 | -83.38 | -1,285.79 | 33.43 | 58.99 | 13.89 | 7.90 | -2.70 | -24.52 | -5.40 | -27.28 | -10.56 | 81.57 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 8 | 13 | 18 | 31 | 40 | 126 | 123 | 112 | 110 | 38 | 39 | 44 | 42 | 38 | 40 | 39 | 39 | 29 | 27 | 32 |
| Change (%) | 59.98 | 34.26 | 75.72 | 28.33 | 217.69 | -1.83 | -9.54 | -1.82 | -65.62 | 3.73 | 13.84 | -6.65 | -7.65 | 5.51 | -2.78 | 0.22 | -26.84 | -7.90 | 21.65 | |
| % of Revenue | 1,098.47 | 938.38 | 959.09 | 1,048.54 | 2,199.29 | -14,753.56 | -9,081.36 | -4,378.61 | -25,867.86 | 749.99 | 583.05 | 417.45 | 342.18 | 292.87 | 317.61 | 409.08 | 433.34 | 435.92 | 448.87 | 300.74 |
| Gross Operating Profit | -7 | -12 | -16 | -28 | -38 | -127 | -125 | -114 | -110 | -33 | -32 | -34 | -29 | -25 | -28 | -30 | -30 | -22 | -21 | -22 |
| Change (%) | 57.25 | 34.61 | 77.47 | 35.41 | 235.08 | -1.42 | -8.49 | -3.64 | -70.32 | -0.84 | 4.49 | -13.12 | -14.07 | 9.78 | 7.21 | 2.03 | -26.71 | -7.11 | 4.47 | |
| % of Revenue | -998.47 | -838.38 | -859.09 | -948.54 | -2,099.29 | 14,853.57 | 9,181.36 | 4,478.61 | 25,967.86 | -649.99 | -483.05 | -317.45 | -242.18 | -192.87 | -217.61 | -309.08 | -333.34 | -335.92 | -348.87 | -200.74 |
| SG&A | 19 | 20 | 21 | 25 | 29 | 40 | 45 | 51 | 75 | 73 | 76 | 77 | 54 | 55 | 54 | 52 | 48 | 43 | 35 | 29 |
| Change (%) | 5.95 | 6.55 | 14.23 | 18.87 | 37.71 | 12.51 | 13.33 | 47.20 | -2.87 | 3.80 | 1.28 | -29.88 | 1.30 | -1.09 | -3.58 | -7.74 | -11.64 | -17.20 | -17.68 | |
| % of Revenue | 2,558.78 | 1,447.57 | 1,174.11 | 834.43 | 1,621.19 | -4,714.14 | -3,325.66 | -2,009.01 | -17,795.69 | 1,457.68 | 1,133.95 | 722.33 | 444.76 | 417.53 | 424.47 | 542.23 | 528.81 | 642.53 | 594.81 | 269.70 |
| R&D | 9 | 9 | 11 | 12 | 13 | 12 | 12 | 15 | 18 | 23 | 26 | 26 | 26 | 24 | 21 | 18 | 14 | 9 | 7 | 6 |
| Change (%) | 0.39 | 21.44 | 4.57 | 10.22 | -9.33 | 1.28 | 24.69 | 22.68 | 29.06 | 13.84 | 0.12 | -1.34 | -6.27 | -15.11 | -14.77 | -19.53 | -35.78 | -21.85 | -10.44 | |
| % of Revenue | 1,225.58 | 657.01 | 607.37 | 395.13 | 711.80 | -1,362.80 | -865.42 | -575.18 | -4,246.18 | 462.14 | 394.30 | 248.30 | 215.10 | 186.85 | 163.03 | 184.10 | 156.59 | 138.28 | 120.82 | 59.60 |
| OpEx | 24 | 42 | 187 | 67 | 82 | 177 | 44 | 177 | 203 | 134 | 142 | 148 | 122 | 117 | 115 | 109 | 102 | 81 | 69 | 68 |
| Change (%) | 75.74 | 340.69 | -64.13 | 21.72 | 117.66 | -75.36 | 305.91 | 14.35 | -33.92 | 5.52 | 4.53 | -17.79 | -3.38 | -1.85 | -5.31 | -6.78 | -20.90 | -14.39 | -1.77 | |
| % of Revenue | 3,242.77 | 3,042.95 | 10,208.31 | 2,278.10 | 4,532.28 | -20,830.51 | -3,218.15 | -6,962.81 | -47,909.75 | 2,669.80 | 2,111.30 | 1,388.08 | 1,002.03 | 897.25 | 905.11 | 1,135.40 | 1,118.74 | 1,216.73 | 1,164.50 | 630.03 |
| Operating Income | -23 | -41 | -185 | -64 | -80 | -178 | -45 | -180 | -203 | -129 | -135 | -137 | -109 | -104 | -103 | -100 | -93 | -74 | -63 | -57 |
| Change (%) | 75.37 | 351.21 | -65.37 | 24.50 | 123.64 | -74.72 | 299.33 | 12.96 | -36.53 | 4.43 | 1.82 | -20.25 | -4.63 | -1.75 | -2.93 | -6.92 | -20.28 | -14.74 | -9.60 | |
| % of Revenue | -3,142.77 | -2,942.95 | -10,108.31 | -2,178.10 | -4,432.28 | 20,930.51 | 3,318.15 | 7,062.81 | 48,009.74 | -2,569.80 | -2,011.30 | -1,288.08 | -902.03 | -797.25 | -805.11 | -1,035.40 | -1,018.74 | -1,116.73 | -1,064.50 | -530.03 |
| Interest Expense | -6 | -13 | -13 | -14 | -14 | -7 | -7 | -5 | -3 | -0 | -2 | -3 | -5 | -15 | -22 | -26 | -25 | |||
| Change (%) | 104.79 | 5.58 | 4.24 | 3.32 | -52.71 | 3.31 | -27.04 | -39.77 | -90.19 | 59.82 | 65.20 | 193.93 | 45.88 | 18.54 | -5.54 | |||||
| % of Revenue | -822.79 | -899.72 | -723.15 | -468.99 | -792.03 | 790.91 | 512.35 | 199.25 | 722.09 | -5.97 | -14.87 | -24.42 | -53.45 | -166.08 | -333.14 | -441.53 | -229.71 | |||
| Net Income | -210 | 70 | -55 | 32 | 35 | -401 | -303 | -280 | -235 | -117 | -120 | -122 | -117 | -124 | -128 | -131 | -126 | -102 | -93 | -82 |
| Change (%) | -133.22 | -179.52 | -158.08 | 9.36 | -1,238.85 | -24.53 | -7.41 | -16.30 | -50.04 | 2.51 | 1.55 | -3.90 | 5.63 | 3.35 | 2.58 | -4.19 | -19.13 | -8.36 | -12.37 | |
| % of Revenue | -28,249.23 | 5,010.81 | -3,033.27 | 1,096.04 | 1,959.04 | 47,110.51 | 22,293.10 | 11,001.70 | 55,411.14 | -2,334.71 | -1,793.72 | -1,145.60 | -966.69 | -946.33 | -1,005.26 | -1,366.16 | -1,383.50 | -1,538.46 | -1,576.19 | -760.72 |
Source: Capital IQ
