Worksport Ltd. (WKSP)

Worksport Financials Overview

Financials in millions USD. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	18.3	16.1	8.48	1.53	0.12	0.3
Revenue Growth	47.63%	89.78%	454.67%	1212.97%	-61.65%	-12.25%
Gross Profit Gross Profit Growth	5.5	4.47	0.91	0.24	0.06	-0.05
Operating Income Operating Income Growth	-20.51	-18.82	-15.48	-14.74	-12.78	-7.76
Net Income Net Income Growth	-20.95	-19.35	-16.16	-14.93	-12.53	-7.9
Earnings Per Share EPS Growth	-2.23	-3.15	-5.84	-8.44	-7.34	-6.86
EPS Growth	-	-	-	-	-	-

Revenue by Segment

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Soft Tonneau Covers Soft Tonneau Covers Growth	0.32	0.45	3.31	1.29
Hard Tonneau Covers Hard Tonneau Covers Growth	17.98	15.65	5.17	-
Total Total Growth	18.3	16.1	8.48	1.53

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	1.28	6.15	4.97	4.86	15.32	28.95
Total Debt Total Debt Growth	5.47	2.91	5.62	6.24	6.62	0.86
Net Cash (Debt) Net Cash Growth	-4.19	3.24	-0.65	-1.38	8.7	28.09
Net Cash Growth	-	-	-	-	-69.02%	6760.26%
Net Cash Per Share Net Cash Per Share Growth	-0.45	0.53	-0.23	-0.78	5.10	24.42

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	-22.06	-17.31	-10.14	-11.93	-7.98	-4.21
Capital Expenditures CapEx Growth	-0.69	-0.79	-0.53	-3.69	-11.05	-1.1
Free Cash Flow Free Cash Flow Growth	-22.75	-18.1	-10.67	-15.62	-19.03	-5.31
Free Cash Flow Growth	-	-	-	-	-	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	30.06%	27.79%	10.67%	15.72%	51.10%	-15.46%
Operating Margin	-112.07%	-116.87%	-182.46%	-963.59%	-10973.35%	-2554.51%
Pretax Margin	-114.49%	-120.19%	-190.51%	-975.98%	-10758.97%	-2599.86%
Profit Margin	-114.49%	-120.19%	-190.51%	-975.98%	-10758.97%	-2599.86%
FCF Margin	-124.31%	-112.43%	-125.73%	-1021.20%	-16330.54%	-1748.94%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 10, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PS Ratio	0.26	1.09	3.57	18.93	146.81	134.42

Data Source: S&P Global Market Intelligence Last updated: Aug 11, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 10, 2026

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