Workhorse Group (FRA:1WO0) Research & Development: €13.47 Mil (TTM As of Mar. 2026)

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FRA:1WO0 Workhorse Group Inc FRA:1WO0
38 GF Score
Price €2.12
GF Value €9.87
Valuation Possible Value Trap
! 8 Warning Signs
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What is Workhorse Group Research & Development?

Workhorse Group FRA:1WO0 +1.92% 38 Research & Development is €13.47 Mil as of Mar. 2026. GuruFocus rates FRA:1WO0 with a GF Score™ of 38/100 and a GF Value™ of €9.87 (Possible Value Trap). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Workhorse Group's Research & Development for the three months ended in Mar. 2026 was €3.52 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €13.47 Mil.

Workhorse Group  (FRA:1WO0) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Workhorse Group Research & Development Related Terms

Workhorse Group Research & Development Historical Data

* Premium members only.

The historical data trend for Workhorse Group's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Workhorse Group Research & Development Chart

Workhorse Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.28 21.91 22.44 12.31 11.24

Workhorse Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.39 1.08 0.92 7.95 3.52
FRA:1WO0
38GF Score
Workhorse Group Inc FRA:1WO0
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Workhorse Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €13.47 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €13.47 Mil mean?
Workhorse Group (FRA:1WO0) has a Research & Development of €13.47 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Workhorse Group and its competitors.
Is Workhorse Group's Research & Development too high?
Workhorse Group's current Research & Development is €13.47 Mil. Overall, Workhorse Group has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Workhorse Group's Research & Development compare to DCX and EVTV?
Workhorse Group's Research & Development of €13.47 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Vehicles & Parts company?
A good Research & Development depends on the Vehicles & Parts industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Workhorse Group and its competitors. Workhorse Group's current Research & Development is €13.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Workhorse Group stock overvalued right now?
Based on GuruFocus' analysis, Workhorse Group (FRA:1WO0) is currently considered Possible Value Trap. The stock's GF Value™ is €9.87, compared to a current price of €2.12 — trading 78.5% below its estimated fair value. The current Research & Development is €13.47 Mil. Workhorse Group's overall GF Score™ is 38/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Workhorse Group (FRA:1WO0), the current Research & Development is €13.47 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Workhorse Group (FRA:1WO0) Overvalued in 2026?

Based on GuruFocus' analysis, Workhorse Group stock appears to be undervalued. The current stock price of €2.12 is trading 78.5% below its estimated GF Value™ of €9.87. GuruFocus considers Workhorse Group to be Possible Value Trap.

Key valuation signals for FRA:1WO0:

  • Research & Development: €13.47 Mil
  • GF Value™: €9.87 vs. price of €2.12 (78.5% below fair value)
  • GF Score™: 38/100 with 8 warning signs

No single metric tells the full story. See the FRA:1WO0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Workhorse Group Business Description

Other Exchanges WKHS:USAWKHS:Mexico0A3U:UK
Address 48443 Alpha Drive, Suite 190, Wixom, MI, USA, 48393
Workhorse Group Inc is a technology company with a vision to pioneer the transition to zero-emission commercial vehicles. Its focus is to provide sustainable and cost-effective solutions to the commercial transportation sector. It designs and manufactures all-electric vehicles, including the technology that optimizes the way these vehicles operate. It's focused on a core competency of bringing electric delivery vehicle platforms to serve the last-mile delivery market. Its products are marketed under the Workhorse brand.
38GF Score

Get the complete analysis for FRA:1WO0

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.12
Price
€9.87
GF Value