WORKHORSE

WORKHORSE Market Overview

WORKHORSE, operated by Workhorse Group, Inc. (NASDAQ: WKHS), demonstrated solid in-store performance across major home improvement retailers during the first eight months of 2026, with year-to-date revenue growing 9.4% overall. According to Grips Intelligence data, the brand achieved dominant market positioning on homedepot.com, which accounted for 75.5% of total revenue share, followed by Amazon at 10.8% and lowes.com at 8.5%. Recent momentum proved particularly strong, with revenue climbing 30.2% in the most recent tracked month compared to the prior period. However, average product pricing experienced significant pressure, declining 91.4% since the start of the measurement window and dropping 83.7% in the latest month alone, suggesting intensifying competitive dynamics or promotional activity within the category.