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Worksport Ltd (WKSP) stock

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NASDAQ: WKSP Nasdaq Automotive Parts & Equipment Next results ~November 12, 2026

C Fundamentals grade

Worksport Ltd is a US-listed company in the automotive parts & equipment industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$0.4

Price-to-sales vs peers

Base case. Range ~$0.3–$0.9. Sales per share times peers' typical price-to-sales; used only when earnings are negative.

Price vs value

No Buy/Hold/Sell rating is issued: only 1 valuation models apply; a rating needs 3.

Worksport Ltd valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 0 selling2 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds15 adding, 10 cuttingOf 2 active managers that changed their stake, 0 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Worksport files

Where Worksport stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $18m, up 47.6% on a year earlier, slower than the 68.2% growth a quarter earlier. That growth ranks 2 of 19 among the automotive parts & equipment companies we cover. Free-cash-flow margin fell to -124.3% from -89.7% a year earlier. Operating margin widened to -111.9% from -127.4%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 3 of our 6 financial-health checks. Our price-to-sales vs peers value is $0.59 a share, against a share price of $0.31.

Source: 10-Q filed August 11, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 12, 2026 (estimated)

Worksport Ltd's trailing-twelve-month revenue grew 47.6% year on year, with a free-cash-flow margin of -124.3%. Where it stands out: days sales outstanding of 20 days ranks 1 of 17 automotive parts & equipment companies we cover. Where it lags: change in growth rate of -20.6pp ranks 26 of 26 automotive parts & equipment companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 104.7% while net income fell 401.0%: a 296pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 47.6% over the last 12 months, against a median of 5.0% for automotive parts & equipment companies we cover.
  • Margins widening. Operating margin is up 15.4 points on a year ago.

Things to watch

  • Growth slowing. The growth rate is 20.6 points lower than a quarter earlier.
  • Loss-making. Operating margin is -111.9%: costs exceed revenue.
  • Burning cash. Free cash flow was -124.3% of revenue over the last 12 months.
  • Heavy stock-based pay. Stock pay equals 18.5% of revenue, against a median of 0.8% for automotive parts & equipment companies we cover: a real cost that cash-flow figures leave out.
  • Volatile shares. Over the past year the shares showed annualised volatility of 98% and a beta of 2.2 against the S&P 500.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 3 of the last four quarters.

Latest results: FY2026 Q2

Filed August 11, 2026
Earnings per share
-$0.33 against an average estimate of -$0.44: beat by 25.0%
Revenue
$5m, up 27.4% on a year earlier
Next report
November 12, 2026

Worksport's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.8%
  • 1 week-10.2%
  • 1 month-36.3%
  • This year-86.3%
  • 1 year-90.8%
  • 5 years-99.4%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$18.3M
Operating margin
-111.9%
Net margin
-114.5%
EPS (TTM, diluted)
$-4.29

Growth

Revenue growth
+47.6%
Change in growth rate
−20.6 pts

Cash

Free cash flow (TTM)
-$22.7M
FCF margin
-124.3%
Stock pay % of revenue
18.5%

Earnings

Last results
May 16, 2024

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Shareholder vote
  3. Agreement
  4. Announcement
  5. Announcement
  6. Announcement
  7. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Worksport Ltd valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 1 valuation models apply; a rating needs 3.

Valuation models

We value Worksport Ltd as an operating company, with every model that fits that kind of business. Cost of equity 11.1%: the 10-year Treasury yield (4.9%) plus a beta of 1.37 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: the model gives no positive value
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$0.4 ~$0.3–$0.9 Included, half weight
Combined value Weighted average of the models that apply: the primary model (price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$0.4 ~$0.3–$0.9 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Worksport Ltd with Automotive Parts & Equipment in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025
Share price$660.00$42.00$16.80$30.00$11.00$29.60$24.20$9.95$14.90$9.20$2.13
Market value$89m$9.4bn$6.9bn$13m$8m$32m$28m$17m$26m$25m$13m
+ Net debt (− = net cash)$119190$0$208883$262102$295073−$620953−$28m−$15m$2m$381411−$3m
Enterprise value$89m$9.4bn$6.9bn$14m$8m$32m−$464086$2m$28m$26m$10m
Multiples
Price / sales 136.6xn/mn/m27.8x4.2x93.5x91.7x145.9x17.2x3.0x0.8x
Price / earnings ———————————
Price / free cash flow ———————————
EV / EBITDA ———————————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

8 /100

Weak moat

How hard Worksport's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -65.5% of total assets over 10 years.

  • Pricing power 0 / 20

    Gross margin has been a median 15.2%, moving by 16.4 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Operating margin has been a median -271.9%; its worst year was -7021.8%.

  • Cash conversion 0 / 20

    Free cash flow was positive in 0 of 6 years, at a median -246.5% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (12 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 12, 2026, after the close. Analysts expect revenue of $13m for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$1.02 +68% $36m +125%
Next −$0.72 +29% $39m +8%

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −20.3% on 90 days ago. In the last 30 days, 1 analyst raised Worksport Ltd's forecast and 0 cut it.

Consensus EPS forecast Worksport Ltd, last 90 days
−$1.50 −$1.00 −$0.50 $0.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$1.28 Current fiscal year, 60 days ago: −$1.39 Current fiscal year, 30 days ago: −$1.12 Current fiscal year, 7 days ago: −$1.12 Current fiscal year, Now: −$1.02 −$1.02 Next fiscal year, 90 days ago: −$1.06 Next fiscal year, 60 days ago: −$0.86 Next fiscal year, 30 days ago: −$0.70 Next fiscal year, 7 days ago: −$0.70 Next fiscal year, Now: −$0.72 −$0.72

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$1.28−$1.06
60 days ago −$1.39−$0.86
30 days ago −$1.12−$0.70
7 days ago −$1.12−$0.70
Now −$1.02−$0.72

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.44 −$0.33 +25.0%
Mar 2026 −$0.52 −$0.54 −3.9%
Dec 2025 −$0.43 −$0.72 −67.4%
Sept 2025 −$0.62 −$0.75 −21.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

1 analysts, Oct 2026
Buy1100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202611
  2. Sep 202611

Counts of recommendations published by analysts covering Worksport Ltd, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
0.9%
of tradable shares
Days to cover
0.57
at average volume
Short interest, 1 month
−50%
to October 15, 2026
Held by institutions
6%
of shares
Held by insiders
5.4%
of shares
Employees
116
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
WKSP−18%−59%+50%−38%−77%−86%
Industry peers (median)+16%−29%+7%−19%+25%−5%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
WKSP33%33%42%33%25%27%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
WKSP−82%−69%−69%−76%−82%−88%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 100% from December 15, 2015 to October 30, 2026. Getting back needed a 233116% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$0.28 – $3.08
From 52-week high
−90.6%
vs 50-day average
−32.8%
vs 200-day average
−68.1%
Volatility (1 year)
98%
Beta vs S&P 500
2.17

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
0 up, 1 down
typical move ±1.5%
After a week
0 up, 1 down
typical move ±15.0%
After a month
0 up, 1 down
typical move ±5.6%
Results releasedNext dayS&P 500 next day5 days21 days
May 16, 2024 −1.5% −0.1% −15.0% −5.6%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Worksport Ltd in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Worksport Ltd
$0 $5M $10M $15M $20M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $729.3K Revenue (TTM), FY23 Q4: $1.5M Revenue (TTM), FY24 Q1: $2M Revenue (TTM), FY24 Q2: $3.7M Revenue (TTM), FY24 Q3: $6.4M Revenue (TTM), FY24 Q4: $8.5M Revenue (TTM), FY25 Q1: $10.2M Revenue (TTM), FY25 Q2: $12.4M Revenue (TTM), FY25 Q3: $14.3M Revenue (TTM), FY25 Q4: $16.1M Revenue (TTM), FY26 Q1: $17.2M Revenue (TTM), FY26 Q2: $18.3M $18.3M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $729.3K
FY23 Q4 $1.5M
FY24 Q1 $2M
FY24 Q2 $3.7M
FY24 Q3 $6.4M
FY24 Q4 $8.5M
FY25 Q1 $10.2M
FY25 Q2 $12.4M
FY25 Q3 $14.3M
FY25 Q4 $16.1M
FY26 Q1 $17.2M
FY26 Q2 $18.3M
Revenue growth, TTM YoY Worksport Ltd
0% 500% 1000% 1500% 2000% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 676.8% Revenue growth, TTM YoY, FY23 Q4: 1213.0% Revenue growth, TTM YoY, FY24 Q1: 1897.5% Revenue growth, TTM YoY, FY24 Q2: 1190.5% Revenue growth, TTM YoY, FY24 Q3: 777.0% Revenue growth, TTM YoY, FY24 Q4: 454.7% Revenue growth, TTM YoY, FY25 Q1: 408.0% Revenue growth, TTM YoY, FY25 Q2: 232.1% Revenue growth, TTM YoY, FY25 Q3: 123.4% Revenue growth, TTM YoY, FY25 Q4: 89.8% Revenue growth, TTM YoY, FY26 Q1: 68.2% Revenue growth, TTM YoY, FY26 Q2: 47.6% 47.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 676.8%
FY23 Q4 1213.0%
FY24 Q1 1897.5%
FY24 Q2 1190.5%
FY24 Q3 777.0%
FY24 Q4 454.7%
FY25 Q1 408.0%
FY25 Q2 232.1%
FY25 Q3 123.4%
FY25 Q4 89.8%
FY26 Q1 68.2%
FY26 Q2 47.6%
Operating margin (TTM) Worksport Ltd
-3000% -2000% -1000% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -2044.8% Operating margin (TTM), FY23 Q4: -963.4% Operating margin (TTM), FY24 Q1: -738.5% Operating margin (TTM), FY24 Q2: -402.4% Operating margin (TTM), FY24 Q3: -234.6% Operating margin (TTM), FY24 Q4: -182.3% Operating margin (TTM), FY25 Q1: -157.5% Operating margin (TTM), FY25 Q2: -127.4% Operating margin (TTM), FY25 Q3: -116.7% Operating margin (TTM), FY25 Q4: -116.7% Operating margin (TTM), FY26 Q1: -118.1% Operating margin (TTM), FY26 Q2: -111.9% -111.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -2044.8%
FY23 Q4 -963.4%
FY24 Q1 -738.5%
FY24 Q2 -402.4%
FY24 Q3 -234.6%
FY24 Q4 -182.3%
FY25 Q1 -157.5%
FY25 Q2 -127.4%
FY25 Q3 -116.7%
FY25 Q4 -116.7%
FY26 Q1 -118.1%
FY26 Q2 -111.9%
FCF margin (TTM) Worksport Ltd
-2000% -1500% -1000% -500% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -1932.2% FCF margin (TTM), FY23 Q4: -1021.2% FCF margin (TTM), FY24 Q1: -726.6% FCF margin (TTM), FY24 Q2: -368.8% FCF margin (TTM), FY24 Q3: -194.5% FCF margin (TTM), FY24 Q4: -125.7% FCF margin (TTM), FY25 Q1: -114.6% FCF margin (TTM), FY25 Q2: -89.7% FCF margin (TTM), FY25 Q3: -98.2% FCF margin (TTM), FY25 Q4: -112.4% FCF margin (TTM), FY26 Q1: -130.4% FCF margin (TTM), FY26 Q2: -124.3% -124.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -1932.2%
FY23 Q4 -1021.2%
FY24 Q1 -726.6%
FY24 Q2 -368.8%
FY24 Q3 -194.5%
FY24 Q4 -125.7%
FY25 Q1 -114.6%
FY25 Q2 -89.7%
FY25 Q3 -98.2%
FY25 Q4 -112.4%
FY26 Q1 -130.4%
FY26 Q2 -124.3%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Sept 2010 2011 Sept 2011 2012 Sept 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 0 0 0 0 1 1 0 0 0 2 0 0 0 2 8 16 18
Gross profit — — — 0 0 0 0 0 0 0 0 −0 0 0 1 4 6
EBITDA −0 −0 −0 — — −3 −0 −2 −1 −1 −1 −7 −12 −14 −14 −17 −19
Operating income −0 −0 −0 — — −3 −0 −2 −1 −1 −1 −8 −13 −15 −15 −19 −20
Net income −0 −0 −0 −0 −0 −3 −1 −3 −2 −0 −1 −8 −13 −15 −4 −19 −21
Diluted EPS $0.00 $0.00 −$3.00 −$110700.00 −$1200.00 −$27.00 −$6.00 −$8.50 −$4.00 −$0.50 −$1.07 −$6.90 −$7.30 −$8.44 −$5.84 −$3.16 —
Growth (year on year)
Revenue — — — — +27.3% +9.9% −44.6% +13.2% +17.8% +300.1% −82.0% −12.2% −61.6% +>999% +454.7% +89.8% +47.6%
Margins
Gross margin — — — 25.3% 26.6% 18.3% 7.5% 43.3% 20.1% 12.4% 13.6% −15.5% 51.1% 15.7% 10.7% 27.8% 30.1%
EBITDA margin — — — — — −525.6% −100.0% −435.3% −251.2% −27.3% −277.1% <−999% <−999% −890.9% −161.6% −105.4% −102.2%
Operating margin — — — — — −525.7% −100.3% −435.6% −251.5% −27.9% −284.9% <−999% <−999% −963.4% −182.3% −116.8% −111.9%
Net margin — — — −7.9% −80.8% −535.2% −314.6% −832.7% −366.1% −18.6% −343.1% <−999% <−999% −976.0% −43.8% −120.2% −114.5%
Free-cash-flow margin — — — — — −89.3% −65.8% −48.9% −79.2% −5.2% −203.1% <−999% <−999% <−999% −125.7% −112.4% −124.3%
Cash flow
Cash from operations −0 −0 −0 0 −0 −1 −0 −0 −0 −0 −1 −4 −8 −12 −10 −17 −22
Capital spending — — — — — 0 0 0 0 0 0 1 11 4 1 1 1
Free cash flow — — — — — −1 −0 −0 −0 −0 −1 −5 −19 −16 −11 −18 −23
Stock-based pay 0 0 0 — — 3 0 1 — — — 4 5 6 3 3 —
Free cash flow after stock pay — — — — — −4 −0 −2 — — — −9 −24 −21 −14 −21 —
Balance sheet
Cash — — — 0 0 0 — 0 0 0 1 29 15 3 5 6 1
Total debt 0 0 0 0 0 0 — 0 0 0 0 0 0 5 5 3 5
Net debt (negative = net cash) — — — −0 −0 0 — 0 0 0 −1 −28 −15 2 0 −3 4
Diluted shares — — 9m — — — 224m 408m — — 1m 1m 2m 2m 3m 6m —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 6 checks passed · June 30, 2026
What it owns · $28m
Short-term assets $15mLonger-term assets $13m
What it owes, and who funded it · $28m
Short-term liabilities $4mLonger-term liabilities $5mShareholders' equity $19m
  • Short-term assets cover short-term liabilities $15m of assets due within a year against $4m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $15m short-term assets against $5m of longer-dated liabilities.
  • More cash than debt $1m of cash against $5m of debt.
  • Debt below 40% of shareholders' equity Debt is 28% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt −$22m of operating cash flow against $5m of debt.
  • Operating profit covers interest at least five times over Operating income of −$20m against $508,381 of interest.

From Worksport Ltd's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

R&D spending
7.0%
of revenue
Sales & admin spending
132.2%
of revenue
Days sales outstanding
20 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in automotive parts & equipment
Last 12 months unless stated WKSP AZIO MWC HSAI STRT HLLY Median
Revenue, last 12 months $18m $9m $146m $421m $574m $613m $2.4bn
Revenue growth, last 12 months 47.6% 388.9% 5.5% 45.9% −0.7% 3.3% 4.6%
Revenue growth, 3-year average 298.5% 18.3% — — 4.2% −2.2% 1.4%
Revenue growth, latest quarter 27.4% 154.3% — — −3.4% 3.2% 2.0%
Gross margin 30.1% −130.0% 36.8% 41.8% 16.3% 43.0% 20.5%
Operating margin −111.9% −321.9% 10.8% 5.6% 3.9% 9.1% 6.0%
Operating margin, 3-year average −213.9% −744.2% — — 4.0% 8.3% 5.7%
Net margin −114.5% 56.6% 7.3% 14.4% 2.9% 1.7% 3.5%
Cash from operations / revenue −120.5% <−999% 9.5% 3.9% 8.0% 9.4% 6.8%
Free-cash-flow margin −124.3% <−999% 8.2% −6.4% 6.8% 7.1% 4.3%
Free-cash-flow margin, 3-year average −194.2% −649.7% — — 7.1% 8.5% 5.5%
Stock pay / revenue 18.5% 19.1% — 3.8% 0.6% — 0.7%
Change in share count — >999% 7.4% 13.4% 0.2% 1.8% −0.0%

Median of all 26 companies we cover in automotive parts & equipment. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

26 automotive parts & equipment companies
Measure Company Peer median Rank
Revenue growth Growth 47.6% 5.0% 2 of 26
Change in growth rate Growth -20.6pp -1.1pp 26 of 26
Gross margin Profitability 30.1% 21.1% 7 of 26
Operating margin Profitability -111.9% 6.4% 21 of 22
Net margin Profitability -114.5% 3.7% 26 of 26
Free-cash-flow margin Cash generation -124.3% 5.4% 25 of 26
Stock pay as % of revenue Cash generation 18.5% 0.8% 21 of 22
Long-term debt as % of assets Balance sheet 17.7% 20.8% 8 of 22
Days sales outstanding Balance sheet 20 days 61 days 1 of 17

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Hard Tonneau Covers $15.6M 97.2% ▲ 202.6%
Soft Tonneau Covers $454,462 2.8% ▼ 86.3%
Geography
Region Revenue Share YoY
United States $16M 99.4% ▲ 90.7%
Outside the US $91,655 0.6% ▲ 5.6%

From Worksport Ltd's 10-K filed March 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1M
Institutions reporting
28
Shares held vs prior quarter
▲ 0.2%
Positions opened / closed
9 / 4

Top buyers and sellers, Q2 2026: 15 institutions bought and 10 sold ; the biggest buyer was HRT Financial LP (+138K shares) and the biggest seller Armistice Capital, LLC (−250K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Steward Partners Investment Advisory, LLC $176,434 162K 17.1% ▲ 30.3%
HRT Financial LP $164,000 151K 15.9% ▲ 1069.0%
Jane Street Group, LLC $146,875 135K 14.3% New
Vanguard Capital Management LLC $113,225 104K 11.0% ▼ 27.2%
Geode Capital Management, LLC $78,271 72K 7.6% ▼ 44.0%
LPL Financial LLC $75,229 69K 7.3% ▼ 12.7%
Scientech Research LLC $69,020 63K 6.7% New
UBS Group AG $42,384 39K 4.1% ▲ 396.5%
Vanguard Fiduciary Trust Co $35,217 32K 3.4% ▼ 18.4%
Goldman Sachs Group Inc $25,574 23K 2.5% New
Northern Trust Corp $23,230 21K 2.3% ▲ 8.6%
Stonex Group Inc. $18,956 17K 1.8% New

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Worksport Ltd's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $125,141 2 trades by 1 insider, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $125,141 net buying
Insider Date Trade Shares Price Value
Rossi Steven F. Chairman, CEO and President June 5, 2026 Buy 79,618 $0.63 $50,159
Rossi Steven F. CEO and President April 13, 2026 Buy 88,214 $0.85 $74,982

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

  • May 16, 2024
  • December 17, 2014

Recent SEC filings

Data status

When each part of this page on Worksport Ltd was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Worksport Ltd in brief

What does Worksport Ltd do?
Worksport Ltd is a US-listed company in the automotive parts & equipment industry. Its financial year ends in December.
What is Worksport Ltd's stock ticker?
Worksport Ltd trades under the ticker WKSP on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Worksport Ltd's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Worksport Ltd reported revenue of $18.3M, 47.6% higher than a year earlier, according to its SEC filings.
What is Worksport Ltd's free cash flow?
Worksport Ltd's free-cash-flow margin is -124.3% of revenue over the trailing twelve months, ranking 25 of the 26 automotive parts & equipment companies we cover.
Who are Worksport Ltd's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Steward Partners Investment Advisory, LLC, HRT Financial LP and Jane Street Group, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Worksport Ltd's market cap?
On December 31, 2025, Worksport Ltd's market capitalisation was about $13.1M and net debt of -$3.3M. Market figures come from third-party market data and may be delayed.
How much debt does Worksport Ltd have?
Worksport Ltd's debt-to-equity ratio is 27.6%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Worksport Ltd's competitors?
In our Automotive Parts & Equipment peer group, the companies closest to Worksport Ltd are Azio AI Holdings, Inc., Micware Co., Ltd., Hesai Group, Strattec Security Corp and Holley Inc. The side-by-side comparison below sets their revenue, margins and growth against Worksport Ltd's.
Are insiders buying or selling Worksport Ltd stock?
Over the last 12 months, Worksport Ltd's directors and officers reported 2 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is Worksport Ltd's next earnings date?
Around November 12, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Worksport Ltd announces its own schedule.