Workhorse shares outstanding WKHS
Diluted shares outstanding, averaged over each quarter, from 2010.
- Latest quarter, to Jun 30, 2026
- 10.9M
- On a year earlier
- +16.3%
- more shares
Workhorse had 10.9M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 16.3% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2024 | 11.1M | +929% |
| FY2023 | 1.1M | +59% |
| FY2022 | 678.8K | +12% |
| FY2021 | 604K | +14% |
| FY2020 | 531.4K | +92% |
| FY2019 | 277.2K | +6% |
| FY2018 | 261.7K | +33% |
| FY2017 | 196.4K | +22% |
| FY2016 | 161.3K | +79% |
| FY2015 | 90.3K | +109% |
| FY2014 | 43.2K | +25% |
| FY2013 | 34.7K | +34% |
| FY2012 | 26K | +64% |
| FY2011 | 15.8K | +45% |
| FY2010 | 10.9K | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 10.9M | +16% | |
| Q1 FY26 | 10M | +7% | |
| Q3 FY25 | 1.3M | +1074% | |
| Q2 FY25 | 9.3M | +7324% | |
| Q1 FY25 | 9.3M | +9149% | |
| Q4 FY24 | 11.1M | +929% | |
| Q3 FY24 | 110.3K | −88% | |
| Q2 FY24 | 125.7K | −84% | |
| Q1 FY24 | 100.9K | −86% | |
| Q4 FY23 | 1.1M | +59% | |
| Q3 FY23 | 899.5K | +35% | |
| Q2 FY23 | 773.6K | +17% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Workhorse
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.