Workhorse (WKHS) Q1 2026 Earnings Transcript

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DATE

May 14, 2026, 4:30 p.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — Scott Griffith

• Chief Financial Officer — Bob Ginnan

• President, Corporate Secretary — John Williams

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Full Conference Call Transcript

John Williams: Thank you, operator, and bully afternoon, everyone. I would similar to invited each of you to our Q1 2026 net call. Before we begin, I'd similar to enactment that we person posted our results for the Q1 ended March 31, 2026 via property merchandise successful Form 8-K. We filed our associated quarterly study connected Form 10-Q with the SEC. You tin find the merchandise and an accompanying presumption successful the capitalist relations conception of our website. We volition beryllium tracking on with the presumption during this call. Joining maine connected today's telephone are Scott Griffith, our Chief Executive Officer, and Bob Ginnan, our Chief Financial Officer. For today's agenda, delight crook to descent three.

Following my opening remarks, I volition manus it implicit to Scott, who volition supply an update connected our operational and commercialized advancement and the strategical priorities we are focused on. Bob volition past locomotion america done our fiscal results for the 4th and our superior position. Scott volition past marque closing remarks earlier we unfastened the telephone for questions. Our cautionary statements tin beryllium recovered connected descent four. Some of the comments that volition beryllium made contiguous are forward-looking statements, which are based connected existent expectations, projections, oregon opinions astir aboriginal periods. All forward-looking statements are taxable to risks and uncertainties that could origin existent results to disagree materially.

Some of these risks and uncertainties are discussed successful today's property merchandise and successful our filings with the SEC, including our Form 10-K. Now, I volition crook it implicit to Scott.

Scott Griffith: Thanks, John. Good afternoon, everyone. Thank you for joining us. On our past call, I outlined 3 commitments we made astatine the adjacent of the merger. Complete the integration, grow our merchandise portfolio. Strengthen our fiscal position. The Q1 was astir translating those commitments into measurable progress. The aboriginal work connected what we've accomplished confirms our attack and execution are connected target. Let's excavation into those. Starting with integration, the operation of Workhorse and Motiv is connected track. Our installation aggregation is complete. The relocation of the Motiv accumulation enactment into our Union City, Indiana works is progressing arsenic expected. We present person 3 accumulation lines operating successful Union City.