Workhorse (WKHS) Operating Margin (2015 - 2026)
Workhorse's Operating Margin came in at -545.20% for Q2 2026, up 658.13 percentage points from -1203.33% a year earlier.
Workhorse (WKHS) Operating Margin (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Workhorse reported Operating Margin of -252.89%, up 50.10 percentage points year-over-year; for FY2025, it came in at -223.66%, up 363.08 percentage points from FY2024.
- Operating Margin has increased in each of the last four years, with a five-year change of +2719.30 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was -586.74% in FY2024 (+217.39 pp), -804.13% in FY2023 (+1765.67 pp), -2569.80% in FY2022 (+19159.29 pp) and -21729.08% in FY2021 (-18786.13 pp).
- The five-year range for quarterly Operating Margin is -167780.59% (Q2 2022) to 726.16% (Q4 2024).
- Year-over-year, Operating Margin increased in four of the last seven quarters, with an average year-over-year change of +347.11 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q2 2023 (a gain of 167187.54 percentage points), and the weakest in Q2 2022 (a drop of 165891.56 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,157.07 Bn | 991.62 Bn | 4.75 Bn | 1.41% |
| 2 | Toyota Motor | 254.94 Bn | -151.80 Bn | 20.95 Bn | 7.86% |
| 3 | Ferrari | 147.58 Bn | 140.03 Bn | 1.18 Bn | 31.22% |
| 4 | Honda Motor | 147.32 Bn | 14.70 Bn | 8.46 Bn | 8.76% |
| 5 | General Motors | 70.77 Bn | -34.10 Bn | 7.33 Bn | 3.04% |
| 6 | Ford Motor | 48.49 Bn | -93.97 Bn | 6.08 Bn | 1.32% |
| 7 | Rivian Automotive | 20.14 Bn | -3.15 Bn | 179.00 Mn | -50.42% |
| 8 | Magna International | 18.12 Bn | 15.68 Bn | 1.61 Bn | 12.19% |
| 9 | Stellantis | 13.39 Bn | -152.61 Bn | 5.55 Bn | 1.61% |
| 10 | Workhorse | 28.13 Mn | 28.13 Mn | -7.47 Mn | -545.20% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -545.20% |
| Dec 31, 2025 | -28.57% |
| Sep 30, 2025 | -694.17% |
| Jun 30, 2025 | -1,203.33% |
| Mar 31, 2025 | -2,002.86% |
| Dec 31, 2024 | 726.16% |
| Sep 30, 2024 | -564.54% |
| Jun 30, 2024 | -2,435.57% |
| Mar 31, 2024 | -1,771.58% |
| Dec 31, 2023 | -798.15% |
| Sep 30, 2023 | -695.27% |
| Jun 30, 2023 | -593.05% |
| Mar 31, 2023 | -1,508.75% |
| Dec 31, 2022 | -1,141.14% |
| Sep 30, 2022 | -3,153.85% |
| Jun 30, 2022 | -167,780.59% |
| Mar 31, 2022 | -138,689.73% |
| Sep 30, 2021 | -4,423.64% |
| Jun 30, 2021 | -1,889.03% |
| Mar 31, 2021 | -3,157.75% |
Workhorse Operating 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=operating-margin&ticker=WKHS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=WKHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();