Workhorse (WKHS) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Tue, May 19, 2026 at 11:57 AM EDT 24 min read

Image source: The Motley Fool.

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

Need a quote from a Motley Fool analyst? Email pr@fool.com

Full Conference Call Transcript

John Williams: Thank you, operator, and good afternoon, everyone. I would like to welcome all of you to our Q1 2026 earnings call. Before we begin, I'd like to note that we have posted our results for the Q1 ended March 31, 2026 via press release in Form 8-K. We filed our associated quarterly report on Form 10-Q with the SEC. You can find the release and an accompanying presentation in the investor relations section of our website. We will be tracking along with the presentation during this call. Joining me on today's call are Scott Griffith, our Chief Executive Officer, and Bob Ginnan, our Chief Financial Officer. For today's agenda, please turn to slide three.

Following my opening remarks, I will hand it over to Scott, who will provide an update on our operational and commercial progress and the strategic priorities we are focused on. Bob will then walk us through our financial results for the quarter and our capital position. Scott will then make closing remarks before we open the call for questions. Our cautionary statements can be found on slide four. Some of the comments that will be made today are forward-looking statements, which are based on current expectations, projections, or opinions about future periods. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially.

Some of these risks and uncertainties are discussed in today's press release and in our filings with the SEC, including our Form 10-K. Now, I will turn it over to Scott.

Scott Griffith: Thanks, John. Good afternoon, everyone. Thank you for joining us. On our last call, I outlined three commitments we made at the close of the merger. Complete the integration, expand our product portfolio. Strengthen our financial position. The Q1 was about translating those commitments into measurable progress. The early read on what we've accomplished confirms our approach and execution are on target. Let's dig into those. Starting with integration, the combination of Workhorse and Motiv is on track. Our facility aggregation is complete. The relocation of the Motiv production line into our Union City, Indiana plant is progressing as expected. We now have three production lines operating in Union City.