---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-043664"
form_type: "8-K"
ticker: "WKHS"
cik: "0001425287"
company_name: "Workhorse Group Inc."
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T04:47:30.290629+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Workhorse Q1 sales fall 54% to $0.6M; Q2 shipments accelerate to 18 trucks

## Summary
- Net sales $0.6M vs $1.3M YoY, driven by Aero divestiture and lower truck sales.
- Operating expenses (SG&A+R&D) decreased $9.3M YoY to $8.3M on headcount and cost cuts.
- Cash and cash equivalents $2.6M; restricted cash $27.9M; inventory $41.3M as of March 31.
- Shipped 18 trucks in Q2 to date (6x Q1 volume); targeting more than full-year 2024 in Q2 alone.
- Regained Nasdaq compliance on April 2 after 1-for-12.5 reverse stock split effective March 17.

## SEC filing metadata
- accession: 0001213900-25-043664
- form_type: 8-K
- ticker: WKHS
- cik: 0001425287
- company_name: Workhorse Group Inc.
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425287/000121390025043664/0001213900-25-043664-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425287/000121390025043664/ea024223701-8k_workhorse.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-043664
- JSON: https://secwatch.observer/filing/0001213900-25-043664.json
- Plain text: https://secwatch.observer/filing/0001213900-25-043664.txt

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