Workhorse Group Inc.
For the period ended Jun 30, 2026. Filed Aug 13, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 13, 2026
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2026-03-31; filed 2026-05-14.
0001628280-26-035109
Item 1A. Risk FactorsCurrent report: 10-Q
Period ended 2026-06-30; filed 2026-08-13.
0001628280-26-056708
Item 1A. Risk FactorsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 2 previous paragraphs and 8 current paragraphs.
1 unchanged; 1 reworded; 6 added; 0 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (6)
Current report
Our expansion into the mobile AI data center market may not be successful and could adversely affect our business, financial condition, and results of operations.
Current report
In July 2026, we announced our intention to develop a containerized mobile AI data center product line. While we believe this initiative leverages certain of our existing engineering, manufacturing, and supply chain capabilities, it represents an expansion into a new market with different competitive dynamics, customer requirements, technologies, and operational risks than our historical business.
Current report
Our success will depend on our ability to design, manufacture, market, and support these products, establish customer demand, secure reliable sources of critical components, raise capital, and effectively compete against established participants in the data center infrastructure market. We may also be required to make significant investments in engineering, manufacturing, inventory, personnel, software, and other resources before realizing meaningful revenue, if any.
Current report
In addition, the mobile AI data center market is rapidly evolving and subject to changing technologies, customer preferences, regulatory requirements, and competitive pressures. If market adoption develops more slowly than anticipated, if customer demand does not materialize, if we encounter delays in product development or commercialization, or if we are unable to successfully execute our business strategy, our investments may not generate the expected returns.
Current report
Our expansion into this market may also divert management's attention and financial resources from our existing business, increase operational complexity, and expose us to risks that we have not previously encountered. If we are unsuccessful in developing or commercializing our mobile AI data center products, or if the costs associated with this initiative exceed our expectations, our business, financial condition, operating results, and cash flows could be materially and adversely affected.
Reworded paragraphs (1)
Previous wording
For a detailed discussion of risk factors affecting us, see “Part I – Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025. There have been no material changes in the current period regarding our risk factors.
Current wording
For a detailed discussion of risk factors affecting us, see “Part I – Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025. There have been no material changes in the current period regarding our risk factors, other than as noted below.