Worksport Ltd revenue
Worksport Ltd's revenue was $16.1m in fiscal 2025, up 89.8% on the year before. Since fiscal 2013 ($465,812) it has grown at a compound 34.3% a year. Over the last twelve months it was $18.3m.
Revenue history
| Fiscal year | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 2 | 8 | 16 | 18 |
| Growth on the year before | — | — | — | — | +27.3% | +9.9% | −44.6% | +13.2% | +17.8% | +300.1% | −82.0% | −12.2% | −61.6% | +>999% | +454.7% | +89.8% | — |
| Gross profit | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 | 0 | 0 | 1 | 4 | 6 |
| 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% |
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Hard Tonneau Covers | $15.6M | 97.2% | ▲ 202.6% |
| Soft Tonneau Covers | $454,462 | 2.8% | ▼ 86.3% |
| 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.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Worksport Ltd | $18.3m | 47.6% | 298.5% |
| Azio AI Holdings, Inc. | $9.2m | 388.9% | 18.3% |
| Micware Co., Ltd. | $146m | 5.5% | — |
| Hesai Group | $421m | 45.9% | — |
| Strattec Security Corp | $574m | -0.7% | 4.2% |
| Holley Inc. | $613m | 3.3% | -2.2% |
Compare with peers
- Azio AI Holdings, Inc. revenue
- Micware Co., Ltd. revenue
- Hesai Group revenue
- Strattec Security Corp revenue
- Holley Inc. revenue
Head to head: AZIO vs WKSPMWC vs WKSPHSAI vs WKSP
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