Workhorse Group annual net debt
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Workhorse Group Net Debt Growth & History (WKHS)
Workhorse Group's net debt was $25.6M for fiscal 2025.
View full Workhorse Group company overviewWorkhorse Group annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $25.6M | −$37.7M | −59.56% |
| 2024 | 2024-12-31 | $63.3M | $4.0M | +6.72% |
| 2023 | 2023-12-31 | $59.3M | $148.4M | — |
| 2022 | 2022-12-31 | −$89.2M | $110.9M | — |
| 2021 | 2021-12-31 | −$200.1M | −$154.7M | — |
| 2020 | 2020-12-31 | −$45.4M | −$40.9M | — |
| 2019 | 2019-12-31 | −$4.5M | −$11.3M | — |
| 2018 | 2018-12-31 | $6.8M | $8.8M | — |
| 2017 | 2017-12-31 | −$2.0M | −$3.7M | — |
| 2016 | 2016-12-31 | $1.7M | $6.6M | — |
| 2015 | 2015-12-31 | −$4.9M | −$7.0M | — |
| 2014 | 2014-12-31 | $2.1M | −$536,308 | −20.44% |
| 2013 | 2013-12-31 | $2.6M | $2.1M | +374.41% |
| 2012 | 2012-12-31 | $553,123 | $552,420 | +78580.37% |
| 2011 | 2011-12-31 | $703 | $58,759 | — |
| 2010 | 2010-12-31 | −$58,056 | — | — |
Workhorse Group quarterly net debt
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Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $66.5M | $24.2M | +57.04% |
| Q1 2026 | 2026-03-31 | $42.3M | −$5.7M | −11.96% |
| Q4 2025 | 2025-12-31 | $25.6M | −$37.7M | −59.56% |
| Q3 2025 | 2025-09-30 | $36.2M | $18.6M | +105.66% |
| Q2 2025 | 2025-06-30 | $42.3M | $29.9M | +241.04% |
| Q1 2025 | 2025-03-31 | $48.1M | $38.4M | +400.02% |
| Q4 2024 | 2024-12-31 | $63.3M | $4.0M | +6.72% |
| Q3 2024 | 2024-09-30 | $17.6M | $47.2M | — |
| Q2 2024 | 2024-06-30 | $12.4M | $65.2M | — |
| Q1 2024 | 2024-03-31 | $9.6M | $78.9M | — |
| Q4 2023 | 2023-12-31 | $59.3M | $148.4M | — |
| Q3 2023 | 2023-09-30 | −$29.6M | $80.6M | — |
| Q2 2023 | 2023-06-30 | −$52.8M | $77.3M | — |
| Q1 2023 | 2023-03-31 | −$69.3M | $90.1M | — |
| Q4 2022 | 2022-12-31 | −$89.2M | $110.9M | — |
| Q3 2022 | 2022-09-30 | −$110.3M | $120.1M | — |
| Q2 2022 | 2022-06-30 | −$130.1M | $26.5M | — |
| Q1 2022 | 2022-03-31 | −$159.3M | $45.8M | — |
| Q4 2021 | 2021-12-31 | −$200.1M | −$154.7M | — |
| Q3 2021 | 2021-09-30 | −$230.4M | −$151.6M | — |
| Q2 2021 | 2021-06-30 | −$156.6M | −$131.8M | — |
| Q1 2021 | 2021-03-31 | −$205.1M | −$215.8M | — |
| Q4 2020 | 2020-12-31 | −$45.4M | −$40.9M | — |
| Q3 2020 | 2020-09-30 | −$78.8M | −$84.1M | — |
| Q2 2020 | 2020-06-30 | −$24.8M | −$9.8M | — |
| Q1 2020 | 2020-03-31 | $10.8M | $5.2M | +92.47% |
| Q4 2019 | 2019-12-31 | −$4.5M | −$11.3M | — |
| Q3 2019 | 2019-09-30 | $5.3M | $3.5M | +197.06% |
| Q2 2019 | 2019-06-30 | −$14.9M | −$16.4M | — |
| Q1 2019 | 2019-03-31 | $5.6M | $4.3M | +320.92% |
| Q4 2018 | 2018-12-31 | $6.8M | $8.8M | — |
| Q3 2018 | 2018-09-30 | $1.8M | $9.5M | — |
| Q2 2018 | 2018-06-30 | $1.5M | $4.8M | — |
| Q1 2018 | 2018-03-31 | $1.3M | $9.4M | — |
| Q4 2017 | 2017-12-31 | −$2.0M | −$3.7M | — |
| Q3 2017 | 2017-09-30 | −$7.7M | −$4.7M | — |
| Q2 2017 | 2017-06-30 | −$3.3M | $297,194 | — |
| Q1 2017 | 2017-03-31 | −$8.1M | −$2.9M | — |
| Q4 2016 | 2016-12-31 | $1.7M | $6.6M | — |
| Q3 2016 | 2016-09-30 | −$3.0M | −$5.6M | — |
| Q2 2016 | 2016-06-30 | −$3.6M | −$6.2M | — |
| Q1 2016 | 2016-03-31 | −$5.2M | −$7.7M | — |
| Q4 2015 | 2015-12-31 | −$4.9M | −$7.0M | — |
| Q3 2015 | 2015-09-30 | $2.6M | $932,665 | +54.90% |
| Q2 2015 | 2015-06-30 | $2.6M | $1.9M | +258.00% |
| Q1 2015 | 2015-03-31 | $2.5M | $2.5M | — |
| Q4 2014 | 2014-12-31 | $2.1M | −$536,308 | −20.44% |
| Q3 2014 | 2014-09-30 | $1.7M | −$1.0M | −37.80% |
| Q2 2014 | 2014-06-30 | $729,727 | −$1.9M | −72.52% |
| Q1 2014 | 2014-03-31 | −$1,403 | −$2.7M | — |
| Q4 2013 | 2013-12-31 | $2.6M | $2.1M | +374.41% |
| Q3 2013 | 2013-09-30 | $2.7M | — | — |
| Q2 2013 | 2013-06-30 | $2.7M | $1.2M | +84.75% |
| Q1 2013 | 2013-03-31 | $2.7M | $1.9M | +214.48% |
| Q4 2012 | 2012-12-31 | $553,123 | $552,420 | +78580.37% |
| Q2 2012 | 2012-06-30 | $1.4M | $3.1M | — |
| Q1 2012 | 2012-03-31 | $862,979 | — | — |
| Q4 2011 | 2011-12-31 | $703 | $354,564 | — |
| Q3 2011 | 2011-09-30 | −$77,095 | — | — |
| Q2 2011 | 2011-06-30 | −$1.6M | — | — |
| Q4 2010 | 2010-12-31 | −$353,861 | — | — |
Workhorse Group net debt trends
Over the last five fiscal years, Workhorse Group's net debt increased from −$45.4M to $25.6M, a change of $71.0M. The latest reported quarter, Q2 2026, shows $66.5M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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