Workhorse Group reports Q1 2026 revenue of $4.3 million, up from $1.1 million
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Workhorse Group Reports First Quarter 2026 Results
May 14, 2026 4:05 PM EDTRevenue of $4.3 million in Q1 2026, compared to $1.1 million in Q1 2025 on a comparable GAAP basisDelivered 21 vehicles in Q1 2026, compared to 5 vehicles in Q1 2025Announced 100-vehicle W56 purchase order from Gateway Fleets, with deliveries expected to begin in July 2026; combined with Purolator 100 vehicle order and other unannounced orders, drives total contracted backlog of 200+ vehicles since merger closeLaunched 140 kWh W56 battery configuration and limited-time promotional pricing on 210 kWh W56, driving new commercial activityOn track to... More
