Workhorse Gr Q1 2026 Earnings Call Transcript
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Workhorse Group (NASDAQ:WKHS) reported Q1 2026 revenue of $4.3 million, up from $1.1 million in Q1 2025, but with a net loss of $19.9 million compared to a $12.7 million loss the previous year. The company completed facility integrations post-merger and announced new initiatives, including a modular chassis. Major purchase orders were secured, including 100 units from Purolator. Management is optimistic about EV adoption in the medium-duty truck market, citing cost advantages over ICE vehicles.
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