Workhorse Q2 FY26 net loss widens to $20.2 million; revenue rises to $3.6 million - WKHS News | RalliesWorkhorse Q2 FY26 net loss widens to $20.2 million; revenue rises to $3.6 million
W
WKHS• Q2 results
- Workhorse posted Q2 net loss of USD 20.2 million, or USD 1.86 a share, widening from a USD 12.8 million loss.
- Revenue rose to USD 3.6 million from USD 0.8 million, while vehicle deliveries increased to 26 from 4.
- Operating loss widened to USD 19.4 million from USD 9 million; cost of sales totaled USD 11 million, producing a gross loss.
Cash and strategy update
- Cash totaled USD 9.6 million at June 30; it drew USD 20 million under its Cash Flow Credit Agreement in H1.
- Management outlined a shift toward industrial technology, targeting initial production of a mobile AI data center line in 2027.
HUBB
•
