Welcome to our dedicated page for Worksport news (Ticker: WKSP), a resource for investors and traders seeking the latest updates and insights on Worksport stock.
Worksport Ltd. reports developments in automotive accessories and hybrid clean-energy products for light truck, overlanding, and consumer goods markets. The company designs, develops, manufactures, and owns intellectual property for tonneau covers, solar integrations, portable power systems, and clean heating and cooling solutions.
Recurring news includes product commercialization for the Nexus tonneau cover, the SOLIS solar tonneau cover, and the COR portable energy system; safety and compliance certifications for COR; U.S. manufacturing and distribution expansion; dealer, reseller, and retail channel activity; earnings calls and revenue guidance; executive finance leadership; and equity compensation or insider-share transactions. Updates also reference Worksport's hard-folding truck covers, B2C and B2B sales channels, and its focus on mobile energy storage and cold-climate heat-pump technology.
Worksport (NASDAQ:WKSP) will hold its Q2 2026 earnings conference call on August 11, 2026 at 4:30 p.m. ET, followed immediately by an online investor town hall featuring CEO Steven Rossi, business updates, and shareholder Q&A.
Management plans to review Q2 2026 financial results and recent operating developments and will make a transcript, presentation, and audio replay available on the investor relations website after the event. According to Worksport, preliminary updates have indicated higher revenues, higher gross margins, and progress toward positive cash flow, and the CEO believes the current market valuation does not yet fully reflect this operating progress. The town hall is part of Worksport’s ongoing series to provide context on strategy, product development, and commercialization while allowing investors to submit questions in advance by email for possible inclusion, subject to time and disclosure considerations.
Worksport (NASDAQ:WKSP) reported preliminary, unaudited monthly results showing gross profit growth far outpacing net sales from April to June 2026. Net sales rose about 46%, from approximately $1.43 million in April to $2.08 million in June, while gross profit increased about 132%, from roughly $310,000 to $720,000.
According to Worksport, June net sales were about 21% higher than May’s $1.73 million, and June gross profit was about 15% above May’s $630,000. The company states its gross-margin run rate is now stably above 35%, compared with 26% in Q1 2026, and that stronger margins and higher gross profit per dollar of revenue are moving it materially closer to operational cash-flow breakeven. Full Q2 2026 results are expected around August 11, 2026, and figures remain subject to quarter-end procedures and potential adjustments.
Worksport (NASDAQ:WKSP) reported its stock closed above $1.00 on June 24, 2026, which it believes satisfies Nasdaq’s minimum bid rule, after a 75% rise in five trading days. Management highlighted preliminary 35% May 2026 gross margin (vs. 28.4% in Q1), a new Meyer Distributing partnership, a $36M+ 12‑month revenue run‑rate target supported by a current $21M+ 2026 run‑rate, recent premium‑priced direct investments, and CEO stock-based compensation. A live investor town hall is set for June 30, 2026, and Terravis Energy’s ZeroFrost heat‑pump technology is expected to seek product certification in the second half of 2026, subject to testing and other factors.
Worksport (NASDAQ:WKSP) reported a preliminary May 2026 gross margin of about 35%, up from 28.4% in Q1 2026. The company secured Meyer Distributing as a multinational partner and sees a $36M+ 12‑month revenue opportunity based on B2C and B2B growth, while targeting 2026 operational cash-flow positivity.
Worksport (NASDAQ:WKSP) closed a registered direct investment of $250,000 at $1.20 per unit (one share plus one warrant), about a 100% premium to its recent $0.5983 trading price. Warrants are exercisable at $1.50. The investor may evaluate up to $10 million in additional financing.
For Q1 2026, Worksport reported $3.3 million net sales (+47.9% YoY), $854,000 gross profit (+115.5% YoY), and 26% gross margin, and is targeting initial operational cash-flow positivity in 2026.
Worksport (NASDAQ:WKSP) reported that Founder and CEO Steven Rossi elected to receive 79,618 shares of common stock instead of $50,000 in cash compensation, at $0.6280 per share, matching the June 5, 2026 Nasdaq closing price.
According to Worksport, Rossi previously took 88,214 shares in April 2026 in lieu of $75,000. The company reports revenue growth from about $1.5 million in 2023 to $8.5 million in 2024 and $16.1 million in 2025, alongside efforts to improve margins and move toward operational cash-flow positivity.
Worksport (NASDAQ:WKSP) announced that its subsidiary Terravis Energy has been granted U.S. Patent No. 12,624,872 B2 for its AetherLux heat-pump system featuring ZeroFrost technology. The patent covers architecture aimed at reducing or eliminating frost buildup and defrost cycles, supporting continuous heating performance.
According to Worksport, certification is expected in the second half of 2026. The technology has drawn interest from several Fortune 500 companies, hundreds of dealers, and the U.S. Department of Energy's NLR Alaska Lab, and may enable future commercialization, partnerships, and licensing opportunities.
Worksport (NASDAQ:WKSP) reported Q1 2026 net sales of $3.31 million, up 47.9% year-over-year, with gross profit of $853,946, up 115.5%. Gross margin rose to 26% from 18%.
Inventory reached $11.6 million as SOLIS, COR, and NEXUS moved into commercialization, Tri-State distribution was added, and management targeted operational cash-flow within 2026.
Worksport (NASDAQ: WKSP) will hold its Q1 2026 earnings conference call on May 13, 2026 at 4:30 p.m. ET, immediately followed by the Company's inaugural investor townhall featuring CEO commentary, business updates, and shareholder Q&A.
The company invites investors to register for the live webcast; replay, transcript, and presentation materials will be posted on the investor relations website after the call.
Worksport (NASDAQ:WKSP) appointed Jennifer Kartychak, CPA, as Chief Financial Officer effective May 1, 2026, and named her Principal Financial Officer and Principal Accounting Officer. Kartychak joined full-time on Jan 1, 2026 after advising the company since Aug 2023.
Her 25+ years of accounting experience includes Ernst & Young and Moog, plus incentive pay tied to SEC reporting, SG&A savings, gross margin improvement, a Board-approved three-year financial roadmap, and cash-flow breakeven targets.