Worksport Ltd. (WKSP)
| Market Cap | 12.09M -11.1% |
| Revenue (ttm) | 17.17M +68.2% |
| Net Income | -20.72M |
| EPS | -2.67 |
| Shares Out | 11.97M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 252,976 |
| Open | 0.960 |
| Previous Close | 0.980 |
| Day's Range | 0.935 - 1.030 |
| 52-Week Range | 0.700 - 4.899 |
| Beta | 0.35 |
| Analysts | Buy |
| Price Target | 6.75 (+568.32%) |
| Earnings Date | May 13, 2026 |
About WKSP
Worksport Ltd., together with its subsidiary, designs and distributes truck tonneau covers in the United States and internationally. It operates through Hard Tonneau Covers and Soft Tonneau Covers segments. The company offers soft tonneau covers, such as vinyl wrapped tri- and quad-fold tonneau covers; and hard tonneau covers, including tri- and quad-fold aluminum covers. It also provides SOLIS, a solar-integrated tonneau cover designed to combine cargo protection with on-vehicle renewable power generation; COR, a portable energy storage system... [Read more]
Financial Performance
In 2025, Worksport's revenue was $16.10 million, an increase of 89.78% compared to the previous year's $8.48 million. Losses were -$19.35 million, 19.7% more than in 2024.
Financial StatementsAnalyst Summary
According to 2 analysts, the average rating for WKSP stock is "Buy." The 12-month stock price target is $6.75, which is an increase of 568.32% from the latest price.
News
Worksport price target lowered to $2 from $2.50 at Maxim
Maxim lowered the firm’s price target on Worksport (WKSP) to $2 from $2.50 and keeps a Buy rating on the shares. The company’s Q1 results were below forecast due to…
Worksport Earnings Call Transcript: Q1 2026
Q1 2026 saw 48% revenue growth and major product launches, with gross margin up to 26%. Expanded distribution and new products position the company for strong 2026 growth, targeting $35–$42 million in revenue and operational cash flow positivity.
Worksport Quarterly report: Q1 2026
Worksport has published its Q1 2026 quarterly earnings report on May 13, 2026.
Worksport Slides: Q1 2026
Worksport has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 13, 2026.
Worksport Earnings release: Q1 2026
Worksport released its Q1 2026 earnings on May 13, 2026, summarizing the period's financial results.
Worksport (NASDAQ:WKSP) Reports Q1 Revenue Up 48%, Gross Profit Up 116% (YOY)
Q1 net sales reached $3.3 million with gross margin of 26%; Company enters Q2 with SOLIS and COR shipping, COR certified, NEXUS launched, Tri-State distribution added, and operational cash-flow target...
Worksport (NASDAQ: WKSP) Announces Q1 2026 Earnings Call Date and Launch of Investor Townhall Series
Worksport will host its Q1 2026 earnings conference call on May 13, 2026, at 4:30 p.m. ET, followed immediately by the Company's inaugural investor townhall with CEO commentary, business updates, and ...
Worksport names Jennifer Kartychak CFO
Worksport (WKSP) announced that its Board of Directors has appointed Jennifer Kartychak, CPA, as Chief Financial Officer, effective May 1, 2026. Kartychak will also serve as Worksport’s Principal Fina...
Worksport (NASDAQ:WKSP) Appoints Jennifer Kartychak As CFO to Drive Financial Scale-Up
New CFO brings public-company reporting, manufacturing finance, technical accounting, governance, and cash-flow planning experience in-house as Worksport scales toward its 2026 growth targets. WEST SE...
Worksport (NASDAQ:WKSP) Invited to Present at D. Boral 2026 Global Conference
Worksport CEO Steven Rossi will share the Company's growth story with institutional investors in New York City as Worksport continues expanding commercial execution, product availability, and investor...
Worksport secures Tri-State Enterprises, books initial orders
Worksport (WKSP) announced that it has secured Tri-State Enterprises as a new cross-regional distribution partner for Worksport’s growing tonneau cover lineup, including the Company’s recently launche...
Worksport (NASDAQ:WKSP) Secures Tri-State Distribution, Books Initial Orders, Projected to be 7-Figure + Annual Account
Partnership advances Worksport's 2026 U.S. distribution expansion strategy, accelerating velocity and building recurring revenue from high-volume accounts. WEST SENECA, NY / ACCESS Newswire / April 29...
Worksport launches Nexus Tonneau Cover
Worksport (WKSP) announced the official commercial launch and commencement of sales for its highly anticipated Nexus Tonneau Cover. Following a production start on April 13, the Nexus cover is now…
Worksport Ltd. (NASDAQ:WKSP) Launches New "Nexus" Tonneau Cover; Early Demand Signals Scalable Multi-Million Dollar Revenue Growth and Expanding Distribution
Proprietary single-side operation addresses key customer pain points; ~strong pre-order demand and early distributor demand support 2026 revenue guidance WEST SENECA, NY / ACCESS Newswire / April 20, ...
Worksport to Showcase SOLIS(TM), COR(TM) and Expanded Product Line at the 2026 MOORE Overlanding Expo
Company to engage directly with overlanding consumers and industry participants as part of continued commercial rollout of recently launched power and tonneau solutions WEST SENECA, NY / ACCESS Newswi...
Worksport CEO acquires 88,214 shares of company stock
Worksport (WKSP) announced that its Founder and CEO Steven Rossi, acquired 88,214 shares of the Company’s common stock at a deemed purchase price of $0.8502, the closing price of the…
Worksport targets FY26 revenue $35M-$42M
~35% gross margin profile; Operational cash-flow positivity within the year
Worksport Ltd. Announces CEO Acquires Stock, Reinforcing Confidence in Long-Term Strategy
Founder & CEO Acquires 88,214 Shares at $0.8502, Citing Belief in Operational Progress, Margin Expansion and Path to Cash-Flow Positivity WEST SENECA, NY / ACCESS Newswire / April 14, 2026 / Worksport...
Worksport announces fully certified COR Portable Energy System
Worksport (WKSP) announced that its COR Portable Energy System is now fully certified for the North American market, following receipt of all remaining required safety and regulatory approvals. This m...
Worksport Announces COR(TM) Portable Energy System Is Now Fully Certified, Including Key UL and CSA Approvals, for North American Retail and Commercial Distribution
Final safety and compliance approvals complete; certification package supports broader sales across retail, fleet, distributor, and commercial channels WEST SENECA, NY / ACCESS Newswire / April 2, 2...
Worksport price target lowered to $2.50 from $3 at Maxim
Maxim analyst Tate Sullivan lowered the firm’s price target on Worksport (WKSP) to $2.50 from $3 and keeps a Buy rating on the shares. The firm cites the company’s Q4…
Worksport Earnings Call Transcript: Q4 2025
Net sales nearly doubled to $16.1M in FY25 with gross margin rising to 28%. Major product launches, expanded dealer network, and ISO certification set the stage for FY26 guidance of $35–$42M revenue and 35% gross margin, with operational cash flow positivity targeted in H2 2026.
Worksport Annual report: Q4 2025
Worksport has published its Q4 2025 annual report on March 26, 2026.
Worksport Earnings release: Q4 2025
Worksport released its Q4 2025 earnings on March 26, 2026, summarizing the period's financial results.
Worksport Slides: Q4 2025
Worksport has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 26, 2026.