Worksport (WKSP)
Nasdaq Market Closed
Worksport Ltd. develops and sells products for the automotive accessories and clean-energy markets, with its core business centered on tonneau covers for pickup trucks. The company serves a large North American aftermarket in which truck owners buy covers to protect cargo, improve utility, and customize vehicle appearance. Its product range includes both soft and hard covers, including tri-fold and quad-fold designs.
The company’s hard tonneau cover line is an important revenue contributor and includes aluminum products that are manufactured and assembled in the United States. Worksport also offers soft vinyl-wrapped covers, typically produced through third-party suppliers. This mix gives the company exposure to different price points and customer preferences in the pickup truck accessory category.
Beyond conventional covers, Worksport positions itself around a broader intellectual property portfolio that connects automotive accessories with portable and distributed energy. Its development efforts include solar-integrated tonneau covers, portable power systems, hydrogen-related green energy concepts, heat pump technology, and electric vehicle charging solutions. These initiatives are intended to extend the company from truck accessories into products that can support off-grid power, worksite energy needs, and electrified mobility.
Worksport’s strategy reflects the overlap between the popularity of pickup trucks and demand for practical clean-energy tools. The business remains rooted in physical product design, manufacturing relationships, and brand development, while its longer-term identity is tied to innovation in mobile power and vehicle-integrated energy systems. Its distinctiveness comes from combining a traditional aftermarket accessory category with renewable and portable energy applications.
Last updated
- Market Cap
- 8.65M
- P/E
- —
- P/FCF
- —
- P/S
- 0.5
- Enterprise Value
- 11.5M
- Sector
- Consumer Discretionary
- Industry
- Motor Vehicle Parts and Accessories
- Address
- 2500 N AMERICA DR., WEST SENECA, NY, 14224
Worksport Reports Record Q3 Revenue Growth and 2,300 Basis-Point Margin Expansion Ahead of Three Clean-Energy Product Launches
Worksport Announces 1-for-10 Reverse Stock Split as Part of Nasdaq Compliance Plan
Worksport ($WKSP) To Showcase Upcoming Innovations Live on FOX & Friends National TV
WORKSPORT ANNOUNCES RECEIPT OF SOLAR PANELS REQUIRED TO BEGIN PRODUCTION OF HIGHLY ANTICIPATED SOLIS SOLAR TONNEAU COVER
WORKSPORT ANNOUNCES PRICING OF APPROXIMATELY $2.8 MILLION REGISTERED DIRECT OFFERING & CONCURRENT PRIVATE PLACEMENT PRICED AT-THE-MARKET UNDER NASDAQ RULES
Worksport Set to Launch Innovative SOLIS & COR System This Summer, Providing Options for Partnerships with Tesla, GM, and Ford.
Worksport Ltd. Announces New Distribution Partnership with Dix Performance North to Expand Presence Across Canada
Worksport Announces SOLIS Solar Cover Availability for Ford F-150 Lightning, Pioneering Sustainable Off-Grid Energy Solutions for EV Pickup Trucks
Infineon and Worksport collaborate to reduce weight and cost of portable power stations with GaN
Worksport Announces Expansion of B2B Dealer Network and Upcoming Availability on Amazon, eBay, Walmart Marketplaces
Worksport Ltd. Announces Second Soft Cover Factory and Increases Production in Buffalo, New York
Worksport Announces Strategic Partnership with NeuronicWorks to Assemble COR Battery System for Alpha Release and Full Production
Terravis Energy Begins Testing Prototype Residential Heat Pump at State-of-the-Art Testing Facility
Worksport Ltd. Wishes Employees and Investors a Happy Thanksgiving
Worksport Gears Up for Initial Alpha Release of its Pioneering COR Portable Energy Storage System
Worksport Announces Pricing of Approximately $4.7 Million Registered Direct Offering & Concurrent Private Placement
Worksport Signs Long Term Agreement with Customer for US Factory Product and Expects US$16,000,000 in Annual Sales, Marking Significant Growth and Demand at NY Factory.
Worksport Advances Towards the Launch of SOLIS Solar Cover with Innovative COR Battery System
Worksport Announces Strong Solar Panel Supply Partner for SOLIS, Focusing On Bringing SOLIS Solar Cover and COR Battery System To Market
Worksport Achieves Major Milestone with First Shipment of Hard-Folding Tonneau Covers From US Facility, Order of $1,600,000 in Process
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- 8.65M
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- 11.5M
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- 0.43
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 0.5
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- -0.62
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 0.67
- EPS
- -1.65
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0.32%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- —
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- —
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- -22.4M
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- -103.72%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -74.32%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0.17
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 1.95
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 0.27
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 0.08
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- 508.92K
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 0.69
Income Statement
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Revenue | 3.31M | 4.74M | 5.01M | 4.1M | 2.24M |
| Gross profit | 853.95K | 1.43M | 1.57M | 1.08M | 396.22K |
| Operating income | -5.75M | -6.13M | -4.79M | -3.62M | -4.26M |
| EBITDA | -5.32M | -5.66M | -4.32M | -3.18M | -3.81M |
| Net income | -5.83M | -6.23M | -4.93M | -3.73M | -4.46M |
| Basic EPS | -0.54 | -0.72 | -0.75 | -0.71 | -1.05 |
| Diluted EPS | -0.54 | -0.72 | -0.75 | -0.71 | -1.05 |
Balance Sheet
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Total assets | 27.88M | 30.71M | 27.05M | 23.58M | 26.66M |
| Total liabilities | 7.9M | 7.84M | 7.27M | 6.26M | 6.54M |
| Total equity | 19.98M | 22.88M | 19.78M | 17.32M | 20.13M |
| Cash & equivalents | 566.58K | 5.95M | 3.76M | 1.39M | 5.08M |
| Current assets | 13.47M | 16.79M | 12.38M | 8.49M | 11.45M |
| Current liabilities | 6.89M | 6.73M | 6.07M | 3.73M | 3.52M |
Cash Flow
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Operating cash flow | -8.23M | -6.12M | -4.26M | -3.1M | -3.84M |
| Investing cash flow | -103.64K | -52.25K | -484.46K | -124.46K | -458.34K |
| Financing cash flow | 2.96M | 8.36M | 7.11M | -467.66K | 4.5M |
| Change in cash | -5.38M | 2.18M | 2.37M | -3.69M | 197.27K |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 8-K — Worksport Ltd | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13G/A — Worksport Ltd | View Filing | |
| edgar index | 10-Q — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 3 — Worksport Ltd | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 3 | Form 3 — Kartychak Jennifer Anne | View Filing | |
| form 3 | Form 3 — Kartychak Jennifer Anne | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | S-8 — Worksport Ltd | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 4 — Worksport Ltd | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — Rossi Steven F. | View Filing | |
| edgar index | 10-K — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | SCHEDULE 13G — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 4 — Worksport Ltd | View Filing | |
| edgar index | 4 — Worksport Ltd | View Filing | |
| edgar index | 4 — Worksport Ltd | View Filing | |
| edgar index | 4 — Worksport Ltd | View Filing | |
| edgar index | 4 — Worksport Ltd | View Filing | |
| form 4 | Form 4 — SIEGEL NED L | View Filing | |
| form 4 | Form 4 — Loverock Craig William | View Filing | |
| form 4 | Form 4 — Rossi Lorenzo | View Filing | |
| form 4 | Form 4 — Caragol William J | View Filing | |
| form 4 | Form 4 — Rossi Steven F. | View Filing | |
| edgar index | EFFECT — Worksport Ltd | View Filing | |
| edgar index | UPLOAD — Worksport Ltd | View Filing | |
| edgar index | CORRESP — Worksport Ltd | View Filing | |
| edgar index | S-3 — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | EFFECT — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | CORRESP — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | S-3 — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 10-Q — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | DEF 14A — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | PRE 14A — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing | |
| edgar index | 8-K — Worksport Ltd | View Filing |