NASDAQ:WKSP
Worksport Ltd
Worksport Ltd's revenue grew 89.8% in fiscal 2025 to $16.1M while operating margin rose to −116.8%. Free cash flow was −$18.1M, −112.4% of revenue, and the diluted share count rose 121.9%.Summary generated from Worksport Ltd's SEC filings. Latest annual report filed Mar 26, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$16.1M
Revenue growth+89.8%
Revenue, 5-yr CAGR+115.5%
Gross margin27.8%
Operating margin−116.8%
Net margin−120.2%
ROIC−79.5%
Return on equity−96.1%
Debt / equity0.12
Free cash flow−$18.1M
FCF margin−112.4%
Share count change+121.9%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 2 | 8 | 16 |
| Operating income | −8 | −13 | −15 | −15 | −19 |
| Net income | −8 | −13 | −15 | −16 | −19 |
| Free cash flow | −5 | −19 | −16 | −11 | −18 |
Recent filings
- 8-KRegulation FD disclosure
Oct 6, 2026 - 8-KResults of a shareholder vote
Sep 4, 2026 - 8-KEntry into a material agreement
Aug 27, 2026 - 8-KRegulation FD disclosure
Aug 26, 2026 - 8-KNotice of delisting or listing-rule failure
Aug 14, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 11, 2026 - 8-KRegulation FD disclosure
Aug 11, 2026 - 4Insider transaction report
Jul 31, 2026