Workhorse (WKHS) Net Margin (2011 - 2026)
Workhorse (WKHS) posted Net Margin of -566.28% for Q2 2026, up 1146.65 percentage points from -1712.93% a year earlier.
Workhorse (WKHS) Net Margin (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Workhorse was -320.94%, up 24.73 percentage points year-over-year; for FY2025, it was -302.20%, up 430.17 percentage points from FY2024.
- Annual Net Margin has increased for four consecutive years, though with a five-year change of -5313.01 percentage points (FY2020 to FY2025).
- In prior years, Workhorse's Net Margin was -732.37% in FY2024 (+213.96 pp), -946.33% in FY2023 (+1388.38 pp), -2334.71% in FY2022 (+44775.80 pp) and -47110.51% in FY2021 (-52121.32 pp).
- Quarterly Net Margin has run from a low of -168540.60% in Q2 2022 to a high of 1233.70% in Q4 2024 over five years.
- On a year-over-year basis, Net Margin increased in six of the last seven quarters, with an average year-over-year change of +614.97 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q2 2023, with a gain of 167960.29 percentage points; the weakest was Q2 2022, with a drop of 164914.36 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,157.07 Bn | 991.62 Bn | 4.75 Bn | 3.95% |
| 2 | Toyota Motor | 254.94 Bn | -151.80 Bn | 20.95 Bn | 11.47% |
| 3 | Ferrari | 147.58 Bn | 140.03 Bn | 1.18 Bn | 23.85% |
| 4 | Honda Motor | 147.32 Bn | 14.70 Bn | 8.46 Bn | 7.44% |
| 5 | General Motors | 70.77 Bn | -34.10 Bn | 7.33 Bn | 2.68% |
| 6 | Ford Motor | 48.49 Bn | -93.97 Bn | 6.08 Bn | -2.75% |
| 7 | Rivian Automotive | 20.14 Bn | -3.15 Bn | 179.00 Mn | -50.24% |
| 8 | Magna International | 18.12 Bn | 15.68 Bn | 1.61 Bn | 4.36% |
| 9 | Stellantis | 13.39 Bn | -152.61 Bn | 5.55 Bn | 0.61% |
| 10 | Workhorse | 28.13 Mn | 28.13 Mn | -7.47 Mn | -566.28% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -566.28% |
| Dec 31, 2025 | -166.25% |
| Sep 30, 2025 | -328.21% |
| Jun 30, 2025 | -1,712.93% |
| Mar 31, 2025 | -1,974.66% |
| Dec 31, 2024 | 1,233.70% |
| Sep 30, 2024 | -1,001.53% |
| Jun 30, 2024 | -3,124.26% |
| Mar 31, 2024 | -2,176.95% |
| Dec 31, 2023 | -1,027.09% |
| Sep 30, 2023 | -1,011.90% |
| Jun 30, 2023 | -580.31% |
| Mar 31, 2023 | -1,476.25% |
| Dec 31, 2022 | -1,121.24% |
| Sep 30, 2022 | -2,286.00% |
| Jun 30, 2022 | -168,540.60% |
| Mar 31, 2022 | -154,238.30% |
| Sep 30, 2021 | -14,067.83% |
| Jun 30, 2021 | -3,626.23% |
| Mar 31, 2021 | -23,127.24% |
Workhorse Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=WKHS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "WKHS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=WKHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();