WKHS (Workhorse Group) Research & Development : $14.25 Mil (TTM As of Sep. 2024)

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What is Workhorse Group Research & Development?

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 Sep. 2024 was $2.31 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was $14.25 Mil.

Workhorse Group Research & Development Historical Data

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.

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Workhorse Group Research & Development Chart

Workhorse Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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8.20

9.15

11.61

23.21

24.47

Workhorse Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Research & Development	Get a 7-Day Free Trial															5.77	6.41	3.53	1.99	2.31

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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.25 Mil.

Workhorse Group (NAS:WKHS) 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

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Workhorse Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Workhorse Group Inc (NAS:WKHS) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

WKHS:Mexico 0A3U:UK 1WO:Germany

Address

3600 Park 42 Drive, Suite 160E, Sharonville, OH, USA, 45241

Website

https://www.workhorse.com

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 delivery trucks and drone systems, 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.

Executives

Jean Botti	director	3600 PARK 42 DRIVE, SUITE 160E, SHARONVILLE OH 45241
Brandon Torres Declet	director	C/O MEASURE GLOBAL INC., 1701 RHODE ISLAND AVENUE NW, STE 05-103, WASHINGTON DC 20036
Stanley Raymond March	officer: VP, Business Development	100 COMMERCE DRIVE, LOVELAND OH 45140
Michael Laurence Clark	director	828 PRESIDENT STREET, BROOKLYN NY 11215
Jacqueline A Dedo	director	3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Raymond Joseph Chess	director	1084 ANDANTE CT, OXFORD MI 48370
Richard F Dauch	director, officer: Chief Executive Officer	C/O SPARTAN MOTORS INC, 1541 REYNOLDS ROAD, CHARLOTTE MI 48813
Harry Demott	director	C/O WORKHORSE GROUP INC.,, 100 COMMERCE DRIVE, LOVELAND OH 45140
Austin Scott Miller	director	100 COMMERCE STREET, LOVELAND OH 45140
James Peters	officer: VP, Supply Chain Management	100 COMMERCE STREET, LOVELAND OH 45140
Pamela S. Mader	director	2522 N 600 E, CRAIGVILLE IN 46731
Quigley William G Iii	director
Joshua Joseph Anderson	officer: Chief Technology Officer	100 COMMERCE DRIVE, LOVELAND OH 45140
Ryan Wesley Gaul	officer: President, Commercial Vehicles	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
John Wesley Graber	officer: President, Aerospace	C/O ABX AIR, INC., 145 HUNTER DRIVE, WILMINGTON OH 45039