Worksport Ltd (WKSP)
About Worksport Ltd
Worksport Ltd designs, develops, and manufactures products for markets including automotive accessories, consumer electronics, and residential and commercial HVAC systems. The company leverages a growing intellectual property portfolio of patents, designs, and trademarks covering products such as tonneau covers, solar-integrated tonneau covers, portable power stations, hydrogen-based green energy systems, heat pumps, and EV charging solutions. Its segments include soft tonneau covers, consisting mainly of vinyl-wrapped tri-fold and quad-fold covers manufactured by third-party suppliers, and hard tonneau covers, which generate the majority of revenue in the United States and include aluminum tri-fold and quad-fold covers manufactured and assembled in the United States.
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American Credentials
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Financial summary
- Revenue FY2025
- $16.1M
- Net income
- -$16.2M
- Total assets
- $30.7M
- Market cap
- $7.9M
- Gross margin
- 27.8%
- Operating margin
- -116.8%
- Net margin
- -120.2%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $16.1M
- Cost of revenue
- $11.6M
- Gross profit
- $4.5M
- Operating expenses
- $23.3M
- Operating income
- -$18.8M
- Income tax
- -$4.2M
- Net income
- -$19.4M
- EPS (basic)
- $-3.16
- EPS (diluted)
- $-3.16
Balance sheet
- Total assets
- $30.7M
- Current assets
- $16.8M
- Total liabilities
- $7.8M
- Current liabilities
- $6.7M
- Shareholders’ equity
- $22.9M
Cash flow
- Operating cash flow
- -$17.3M
- Investing cash flow
- -$1.1M
- Financing cash flow
- $19.5M
- Net cash flow
- $1.1M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $7.9M
- EPS (diluted)
- $-3.16
- Shares outstanding
- 12.3M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Aug 3, 1998
Worksport Ltd (WKSP) Stock Price
- Reported a net loss of $16.2M in FY2025.
- Revenue grew 5201% from FY2021 to FY2025.
- Gross margin of 27.8%, net margin -120.2%.
- Trading 86% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about Worksport Ltd
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Worksport Ltd: frequently asked questions
Is Worksport Ltd an American company?
Yes — Worksport Ltd is an American company headquartered in West Seneca, New York. Its American-origin credentials have been independently reviewed and verified by americancompanies.com.
Where is Worksport Ltd headquartered?
Worksport Ltd is headquartered in West Seneca, New York, United States.
Is Worksport Ltd publicly traded?
Yes — Worksport Ltd is a publicly traded company. Its stock trades under the ticker symbol WKSP on the NASDAQ.
What does Worksport Ltd do?
Worksport Ltd is an American Auto Parts company in the Automotive & Transportation sector.
