---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-100222"
form_type: "8-K"
ticker: "WKHS"
cik: "0001425287"
company_name: "Workhorse Group Inc."
filed_at: "2024-11-19T23:59:59+00:00"
generated_at: "2026-05-29T22:27:21.340964+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Workhorse reports Q3 net loss of $25.1M; revenue down to $2.5M; FedEx deal progress

## Summary
- Revenue $2.5M vs $3.0M YoY, decrease due to non-recurrence of $2.3M sales allowance reversal.
- Net loss improved to $25.1M from $30.6M; cost reductions in SG&A and R&D.
- Cash $3.2M; net interest expense $8.3M from fair value loss on note conversions.
- Signed three-year Master Framework Agreement with FedEx; 15 W56 step vans delivered, 7 more orders.
- Awarded GSA contract; W56 step van certified for FMVSS and HVIP; extended wheelbase.

## SEC filing metadata
- accession: 0001213900-24-100222
- form_type: 8-K
- ticker: WKHS
- cik: 0001425287
- company_name: Workhorse Group Inc.
- filed_at: 2024-11-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425287/000121390024100222/0001213900-24-100222-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425287/000121390024100222/ea0221753-8k_workhorse.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-100222
- JSON: https://secwatch.observer/filing/0001213900-24-100222.json
- Plain text: https://secwatch.observer/filing/0001213900-24-100222.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.