Worksport Ltd. (WKSP)
| Market Cap | 9.00M -53.9% |
| Revenue (ttm) | 18.30M +47.6% |
| Net Income | -20.95M |
| EPS | -2.23 |
| Shares Out | 15.30M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 834,764 |
| Open | 0.6200 |
| Previous Close | 0.6099 |
| Day's Range | 0.5801 - 0.6574 |
| 52-Week Range | 0.5693 - 4.3000 |
| Beta | 0.27 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 11, 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 StatementsNews
Worksport Earnings Call Transcript: Q2 2026
Q2 2026 saw record revenue and gross profit, with improved margins and reduced operating expenses. The NEXUS product launch drove rapid sales growth, while inventory conversion and cost discipline are central to the path toward cash flow breakeven in 2026.
Worksport Slides: Q2 2026
Worksport has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 11, 2026.
Worksport Quarterly report: Q2 2026
Worksport has published its Q2 2026 quarterly earnings report on August 11, 2026.
Worksport Earnings release: Q2 2026
Worksport released its Q2 2026 earnings on August 11, 2026, summarizing the period's financial results.
Worksport (NASDAQ: WKSP) Q2 Operating Cash Use Falls 58%; Net Loss Narrows 32%
Gross profit increased 93% from Q1 as operating expenses declined 17%, demonstrating strong sequential operating performance Q2 net sales reached a record $5.23 million, up 27% year-over-year and 58% ...
Worksport CEO says valuation ‘does not yet fully reflect’ operating progress
Steven Rossi, CEO, commented: “We are excited to discuss what has been a very strong second quarter for Worksport (WKSP). During our Q2 earnings call, we will look forward to…
Worksport Announces Q2 2026 Earnings Call and Investor Town Hall for August 11, 2026; CEO Believes Current Market Valuation Does Not Yet Fully Reflect Recent Positive Operating Progress
Worksport will host its Q2 2026 earnings conference call on August 11, 2026, at 4:30 p.m. ET, following market close, with an investor townhall immediately afterward featuring CEO commentary, business...
Worksport reports 132% gross profit growth from April to June
Worksport (WKSP) reported preliminary and unaudited monthly financial performance. From April through June 2026, net sales increased approximately 46%, while gross profit increased approximately 132%,...
Worksport Announces 132% Gross Profit Growth from April to June; June 2026 Marks Strongest Month in Company History
Net sales increase 46%, while gross profit materially outpaces top-line growth, Company materially closer to cash-flow breakeven. WEST SENECA, NY / ACCESS Newswire / July 22, 2026 / Worksport Ltd.
Worksport Proxy statement: Proxy filing
Worksport filed a proxy statement on July 20, 2026, providing details for shareholder voting and corporate governance matters.
Worksport Proxy statement: Proxy filing
Worksport filed a proxy statement on July 15, 2026, providing details for shareholder voting and corporate governance matters.
Worksport Proxy statement: Proxy filing
Worksport filed a proxy statement on July 10, 2026, providing details for shareholder voting and corporate governance matters.
Worksport Transcript: Investor update
Gross margin improved to 35% in May, with revenue run rate rising to $35–36 million due to new distributor partnerships and strong B2B/B2C growth. NEXUS launch is driving sales, while SOLIS and COR marketing will intensify in H2. Management targets operational cash flow positivity within 12 months.
Worksport Press release: Investor update
Worksport issued a press release on June 30, 2026, disclosing material business information to investors.
Worksport regains $1 bid price requirement
Worksport (WKSP) announced that its common stock closed above $1.00 on June 24, 2026, which the Company believes keeps Worksport in full compliance with Nasdaq’s minimum bid price requirement, and…
Worksport (NASDAQ:WKSP) Regains $1 Bid Price Requirement, Announces CEO Town Hall, Highlights Multiple Recent Growth Drivers in CEO Letter
CEO Shares Letter to Shareholders, inviting them to attend the townhall; Management to discuss Nasdaq bid price compliance, 35% May gross margin, Meyer Distributing, $36M+ revenue run-rate target, dir...
Worksport achieves 35% gross margin in May, secures distribution partnership
Worksport (WKSP) announced three new commercial and operational developments that management believes mark a potential inflection point in Worksport’s 2026 growth plan. The Company announced that it h...
Worksport (NASDAQ:WKSP) Achieves 35% May Gross Margin, Lands Meyer Distribution, Targets $36M+ Revenue Run-Rate
Company announces three major operating inflections: preliminary May record breaking gross margin of approximately 35% (up 660 Basis Points), a new Meyer Distributing relationship, and a $36M+ 12-mont...
Worksport announces $1.20 per share direct investment
Worksport (WKSP) announced a premium-priced direct investment from a specialized private investment firm based in Jericho, New York. The direct investment was priced at $1.20 per unit, representing ap...
Worksport (NASDAQ:WKSP) Announces $1.20 per Share Direct Investment at 100% Premium to Market; Institutional Investor Signals Interest in Up to $10 Million
Major Investor Completes a Direct Investment Priced at $1.20 per Share - a Premium of More Than 100% to Recent Trading Levels The Investor Has Also Expressed Interest in Evaluating Up to $10 Million i...
Worksport reports additional $50,000 CEO stock acquisition
Worksport (WKSP) announced that its Founder and CEO Steven Rossi, has elected to receive 79,618 shares of the Company’s common stock in lieu of receiving $50,000 in cash compensation otherwise…
Worksport Ltd. Reports Additional $50,000 CEO Insider Stock Acquisition, Reinforcing Confidence in Long-Term Value Creation
Founder & CEO continues to acquire equity , reflecting his confidence in the Company's progress toward achieving operational cash-flow positivity and his belief that the Company's current market valua...
Worksport secures U.S. patent for ZeroFrost heat pump
Worksport (WKSP) announced that its clean-energy subsidiary, Terravis Energy, has been issued U.S. Patent No. 12,624,872 B2 by the United States Patent and Trademark Office for its AetherLux heat-pump...
Worksport (NASDAQ:WKSP) Secures U.S. Patent For 'Industry-First' Zerofrost Heat Pump Through Its Subsidiary, Terravis Energy
Newly issued U.S. Patent No. 12,624,872 strengthens Worksport's clean-energy intellectual property around ZeroFrost™, the proprietary AetherLux™ heat-pump architecture designed to address one of the l...
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…