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Side-by-side financial comparison of Prelude Therapeutics Inc (PRLD) and Workhorse Group Inc. (WKHS). Click either name above to swap in a different company.

Workhorse Group Inc. is the larger business by last-quarter revenue ($12.5M vs $6.5M, roughly 1.9× Prelude Therapeutics Inc). Workhorse Group Inc. runs the higher net margin — -166.5% vs -303.5%, a 137.0% gap on every dollar of revenue. On growth, Workhorse Group Inc. posted the faster year-over-year revenue change (432.0% vs 116.7%).

Workhorse Group is an original equipment manufacturer and technology company headquartered in Sharonville, Ohio, USA. In 2025, it merged its operations with those of Motiv Electric Trucks, forming a new entity known as Workhorse.

PRLD vs WKHS — Head-to-Head

Bigger by revenue
WKHS
WKHS
1.9× larger
WKHS
$12.5M
$6.5M
PRLD
Growing faster (revenue YoY)
WKHS
WKHS
+315.3% gap
WKHS
432.0%
116.7%
PRLD
Higher net margin
WKHS
WKHS
137.0% more per $
WKHS
-166.5%
-303.5%
PRLD

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
PRLD
PRLD
WKHS
WKHS
Revenue
$6.5M
$12.5M
Net Profit
$-19.7M
$-20.8M
Gross Margin
80.4%
Operating Margin
-314.1%
-28.6%
Net Margin
-303.5%
-166.5%
Revenue YoY
116.7%
432.0%
Net Profit YoY
38.9%
-171.8%
EPS (diluted)
$-0.26
$0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PRLD
PRLD
WKHS
WKHS
Q4 25
$12.5M
Q3 25
$6.5M
$2.4M
Q2 25
$5.7M
Q1 25
$640.9K
Q4 24
$2.4M
Q3 24
$3.0M
$2.5M
Q2 24
$842.4K
Q1 24
$1.3M
Net Profit
PRLD
PRLD
WKHS
WKHS
Q4 25
$-20.8M
Q3 25
$-19.7M
$-7.8M
Q2 25
$-14.8M
Q1 25
$-20.6M
Q4 24
$29.0M
Q3 24
$-32.3M
$-25.1M
Q2 24
$-26.3M
Q1 24
$-29.2M
Gross Margin
PRLD
PRLD
WKHS
WKHS
Q4 25
80.4%
Q3 25
-323.2%
Q2 25
-130.2%
Q1 25
Q4 24
Q3 24
-164.7%
Q2 24
Q1 24
Operating Margin
PRLD
PRLD
WKHS
WKHS
Q4 25
-28.6%
Q3 25
-314.1%
-694.2%
Q2 25
-255.3%
Q1 25
-2002.9%
Q4 24
Q3 24
-1145.9%
-564.5%
Q2 24
-2435.6%
Q1 24
-1771.6%
Net Margin
PRLD
PRLD
WKHS
WKHS
Q4 25
-166.5%
Q3 25
-303.5%
-328.2%
Q2 25
-260.7%
Q1 25
-3221.0%
Q4 24
1233.7%
Q3 24
-1075.7%
-1001.5%
Q2 24
-3124.3%
Q1 24
-2177.0%
EPS (diluted)
PRLD
PRLD
WKHS
WKHS
Q4 25
$0.09
Q3 25
$-0.26
$-0.50
Q2 25
$-1.67
Q1 25
$-4.68
Q4 24
$51.11
Q3 24
$-0.43
$-0.98
Q2 24
$-17.45
Q1 24
$-24.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PRLD
PRLD
WKHS
WKHS
Cash + ST InvestmentsLiquidity on hand
$55.0M
$12.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$58.5M
$43.0M
Total Assets
$94.8M
$117.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRLD
PRLD
WKHS
WKHS
Q4 25
$12.9M
Q3 25
$55.0M
$12.7M
Q2 25
$2.2M
Q1 25
$2.6M
Q4 24
$6.6M
Q3 24
$153.6M
$3.2M
Q2 24
$5.3M
Q1 24
$6.7M
Stockholders' Equity
PRLD
PRLD
WKHS
WKHS
Q4 25
$43.0M
Q3 25
$58.5M
$32.1M
Q2 25
$22.3M
Q1 25
$31.4M
Q4 24
$-40.8M
Q3 24
$156.4M
$47.3M
Q2 24
$58.6M
Q1 24
$67.4M
Total Assets
PRLD
PRLD
WKHS
WKHS
Q4 25
$117.9M
Q3 25
$94.8M
$116.7M
Q2 25
$99.3M
Q1 25
$115.5M
Q4 24
$37.4M
Q3 24
$197.2M
$101.4M
Q2 24
$105.4M
Q1 24
$113.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PRLD
PRLD
WKHS
WKHS
Operating Cash FlowLast quarter
$-19.1M
$-10.5M
Free Cash FlowOCF − Capex
$-11.1M
FCF MarginFCF / Revenue
-89.0%
Capex IntensityCapex / Revenue
0.0%
4.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRLD
PRLD
WKHS
WKHS
Q4 25
$-10.5M
Q3 25
$-19.1M
Q2 25
Q1 25
$-8.2M
Q4 24
$2.0M
Q3 24
$-27.3M
Q2 24
$-12.1M
Q1 24
$-18.0M
Free Cash Flow
PRLD
PRLD
WKHS
WKHS
Q4 25
$-11.1M
Q3 25
Q2 25
Q1 25
$-8.2M
Q4 24
$1.2M
Q3 24
$-27.4M
Q2 24
$-12.8M
Q1 24
$-21.0M
FCF Margin
PRLD
PRLD
WKHS
WKHS
Q4 25
-89.0%
Q3 25
Q2 25
Q1 25
-1275.0%
Q4 24
52.2%
Q3 24
-912.0%
Q2 24
-1523.4%
Q1 24
-1567.2%
Capex Intensity
PRLD
PRLD
WKHS
WKHS
Q4 25
4.8%
Q3 25
0.0%
Q2 25
Q1 25
2.8%
Q4 24
31.2%
Q3 24
2.1%
Q2 24
87.1%
Q1 24
225.9%
Cash Conversion
PRLD
PRLD
WKHS
WKHS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.07×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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