Workhorse Group Inc. (WKHS) Gross margin 2016–2025
Workhorse Group Inc. (WKHS) gross margin by fiscal year — reported gross profit divided by reported revenue.
-45.0%FY2025 · since FY2016: -111.7% → -45.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -45.0% | +42.2 pp |
| FY2024 | -87.3% | +105.6 pp |
| FY2023 | -192.9% | +457.1 pp |
| FY2022 | -650.0% | — |
| FY2020 | -838.4% | +613.8 pp |
| FY2019 | -1452.2% | +538.3 pp |
| FY2018 | -1990.4% | -1846.2 pp |
| FY2017 | -144.2% | -32.6 pp |
| FY2016 | -111.7% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice