Workhorse Group annual shareholders’ equity
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Workhorse Group Shareholders’ Equity Growth & History (WKHS)
Workhorse Group's shareholders’ equity was $43.0M for fiscal 2025.
View full Workhorse Group company overviewWorkhorse Group annual shareholders’ equity history
| Fiscal year | Period ended | Shareholders’ equity | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $43.0M | $83.9M | — |
| 2024 | 2024-12-31 | −$40.8M | $14.8M | — |
| 2023 | 2023-12-31 | −$55.6M | −$164.2M | — |
| 2022 | 2022-12-31 | $108.6M | −$66.1M | −37.84% |
| 2021 | 2021-12-31 | $174.7M | −$220.5M | −55.80% |
| 2020 | 2020-12-31 | $395.2M | $430.1M | — |
| 2019 | 2019-12-31 | −$34.9M | −$19.5M | — |
| 2018 | 2018-12-31 | −$15.4M | −$18.9M | — |
| 2017 | 2017-12-31 | $3.5M | −$305,410 | −8.00% |
| 2016 | 2016-12-31 | $3.8M | $7.6M | — |
| 2015 | 2015-12-31 | −$3.8M | −$3.0M | — |
| 2014 | 2014-12-31 | −$809,387 | $1.1M | — |
| 2013 | 2013-12-31 | −$1.9M | $673,562 | — |
| 2012 | 2012-12-31 | −$2.6M | −$1.0M | — |
| 2011 | 2011-12-31 | −$1.6M | −$1.3M | — |
| 2010 | 2010-12-31 | −$280,500 | $223,212 | — |
| 2009 | 2009-12-31 | −$503,712 | −$448,440 | — |
| 2008 | 2008-12-31 | −$55,272 | −$499,127 | — |
| 2007 | 2007-12-31 | $443,855 | — | — |
Workhorse Group quarterly shareholders’ equity
Q4.10
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Shareholders’ equity | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $7.2M | $73.3M | — |
| Q1 2026 | 2026-03-31 | $26.2M | $79.6M | — |
| Q4 2025 | 2025-12-31 | $43.0M | $83.9M | — |
| Q3 2025 | 2025-09-30 | $32.1M | −$15.2M | −32.14% |
| Q2 2025 | 2025-06-30 | −$66.1M | −$124.7M | — |
| Q1 2025 | 2025-03-31 | −$53.4M | −$120.8M | — |
| Q4 2024 | 2024-12-31 | −$40.8M | $14.8M | — |
| Q3 2024 | 2024-09-30 | $47.3M | −$65.5M | −58.09% |
| Q2 2024 | 2024-06-30 | $58.6M | −$48.8M | −45.40% |
| Q1 2024 | 2024-03-31 | $67.4M | −$37.4M | −35.68% |
| Q4 2023 | 2023-12-31 | −$55.6M | −$164.2M | — |
| Q3 2023 | 2023-09-30 | $112.8M | −$18.5M | −14.09% |
| Q2 2023 | 2023-06-30 | $107.4M | −$56.4M | −34.45% |
| Q1 2023 | 2023-03-31 | $104.8M | −$51.4M | −32.89% |
| Q4 2022 | 2022-12-31 | $108.6M | −$66.1M | −37.84% |
| Q3 2022 | 2022-09-30 | $131.3M | −$9.7M | −6.86% |
| Q2 2022 | 2022-06-30 | $163.8M | −$59.0M | −26.48% |
| Q1 2022 | 2022-03-31 | $156.2M | −$119.4M | −43.33% |
| Q4 2021 | 2021-12-31 | $174.7M | −$220.5M | −55.80% |
| Q3 2021 | 2021-09-30 | $140.9M | $153.1M | — |
| Q2 2021 | 2021-06-30 | $222.8M | $293.3M | — |
| Q1 2021 | 2021-03-31 | $275.6M | $297.6M | — |
| Q4 2020 | 2020-12-31 | $395.2M | $430.1M | — |
| Q3 2020 | 2020-09-30 | −$12.2M | $26.2M | — |
| Q2 2020 | 2020-06-30 | −$70.5M | −$43.1M | — |
| Q1 2020 | 2020-03-31 | −$22.0M | −$4.0M | — |
| Q4 2019 | 2019-12-31 | −$34.9M | −$19.5M | — |
| Q3 2019 | 2019-09-30 | −$38.4M | −$40.4M | — |
| Q2 2019 | 2019-06-30 | −$27.4M | −$22.2M | — |
| Q1 2019 | 2019-03-31 | −$18.0M | −$16.4M | — |
| Q4 2018 | 2018-12-31 | −$15.4M | −$18.9M | — |
| Q3 2018 | 2018-09-30 | $2.0M | −$11.0M | −84.72% |
| Q2 2018 | 2018-06-30 | −$5.2M | −$16.5M | — |
| Q1 2018 | 2018-03-31 | −$1.6M | −$20.8M | — |
| Q4 2017 | 2017-12-31 | $3.5M | −$305,410 | −8.00% |
| Q3 2017 | 2017-09-30 | $13.0M | $6.9M | +112.25% |
| Q2 2017 | 2017-06-30 | $11.3M | $4.5M | +65.01% |
| Q1 2017 | 2017-03-31 | $19.2M | $13.7M | +245.94% |
| Q4 2016 | 2016-12-31 | $3.8M | $7.6M | — |
| Q3 2016 | 2016-09-30 | $6.1M | $7.7M | — |
| Q2 2016 | 2016-06-30 | $6.8M | $8.6M | — |
| Q1 2016 | 2016-03-31 | $5.6M | $5.8M | — |
| Q4 2015 | 2015-12-31 | −$3.8M | −$3.0M | — |
| Q3 2015 | 2015-09-30 | −$1.5M | −$2.7M | — |
| Q2 2015 | 2015-06-30 | −$1.7M | −$3.9M | — |
| Q1 2015 | 2015-03-31 | −$218,649 | $1.1M | — |
| Q4 2014 | 2014-12-31 | −$809,387 | $1.1M | — |
| Q3 2014 | 2014-09-30 | $1.2M | $2.1M | — |
| Q2 2014 | 2014-06-30 | $2.2M | $2.3M | — |
| Q1 2014 | 2014-03-31 | −$1.3M | −$1.6M | — |
| Q4 2013 | 2013-12-31 | −$1.9M | $673,562 | — |
| Q3 2013 | 2013-09-30 | −$936,853 | — | — |
| Q2 2013 | 2013-06-30 | −$181,281 | $2.8M | — |
| Q1 2013 | 2013-03-31 | $293,876 | $2.7M | — |
| Q4 2012 | 2012-12-31 | −$2.6M | −$1.0M | — |
| Q2 2012 | 2012-06-30 | −$3.0M | −$4.2M | — |
| Q1 2012 | 2012-03-31 | −$2.4M | — | — |
| Q4 2011 | 2011-12-31 | −$1.6M | −$1.3M | — |
| Q3 2011 | 2011-09-30 | −$693,710 | — | — |
| Q2 2011 | 2011-06-30 | $1.2M | — | — |
| Q4 2010 | 2010-12-31 | −$280,500 | — | — |
Workhorse Group shareholders’ equity trends
Over the last five fiscal years, Workhorse Group's shareholders’ equity decreased from $395.2M to $43.0M, a change of −$352.2M. The latest reported quarter, Q2 2026, shows $7.2M.
About the metric
What shareholders’ equity means
Shareholders’ equity is the residual accounting value attributable to shareholders after liabilities are subtracted from assets. It can change through earnings, losses, dividends, share issuance, repurchases, and other comprehensive income.
Calculation and source
SEC-reported shareholders’ equity
TickerStat standardizes stockholders’ or shareholders’ equity reported in company SEC filings at each balance-sheet date. Negative equity is retained because it can be economically meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Workhorse Group source filings ↗Community posts
Workhorse signs $10 million development agreement for modular AI infrastructure
Workhorse ($WKHS) signed an agreement under which RHAELM will pay $10 million in three installments for a full-scale TerraPod manufacturing specification unit at its Indiana facility. The modular data-center platform is intended to integrat ...
