Workhorse Group Reports Q3 2025 Revenue of $2.4 Million

Reuters

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Workhorse Group Reports Q3 2025 Revenue of $2.4 Million

Workhorse Group Inc. announced its financial results for the third quarter ended September 30, 2025. Net sales for the quarter were $2.4 million, compared to $2.5 million in the same period of 2024, representing a decrease of $0.1 million primarily due to lower sales. The company highlighted progress on its product roadmap, including the recent availability of the Utilimaster Aeromaster body for its W56 Class 5/6 step van. Workhorse also reported ongoing efforts to extend its financial runway by reducing operating costs and improving working capital. Additionally, the company provided an update on its proposed transaction with Motiv, stating that all existing senior secured indebtedness will be repaid or cancelled upon closing, with only a $5 million secured convertible note remaining, which may convert to equity. The transaction includes a condition for up to $20 million in debt financing from entities affiliated with Motiv's largest investor at closing.

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 via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-108335), on November 10, 2025, and is solely responsible for the information contained therein.

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ID: 0001213900-25-108335), on November 10, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WKHS","symbol_name":"Workhorse Group, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251110:nNDL894QRJ:1","article_id":"2582386841","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582386841","pubTimestamp":1762813731,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Workhorse Group Inc. announced its financial results for the third quarter ended September 30, 2025. 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