Workhorse Q2 FY26 net loss widens to $20.2 million; revenue rises to $3.6 million

Reuters2026/08/13 20:12

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Workhorse posted Q2 net loss of USD 20.2 million, or USD 1.86 a share, widening from a USD 12.8 million loss.
Revenue rose to USD 3.6 million from USD 0.8 million, while vehicle deliveries increased to 26 from 4.
Operating loss widened to USD 19.4 million from USD 9 million; cost of sales totaled USD 11 million, producing a gross loss.
Cash totaled USD 9.6 million at June 30; it drew USD 20 million under its Cash Flow Credit Agreement in H1.
Management outlined a shift toward industrial technology, targeting initial production of a mobile AI data center line in 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Workhorse Group Inc. published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Workhorse Q2 FY26 net loss widens to $20.2 million; revenue rises to $3.6 million

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