Worksport Ltd Stock Price, News & Analysis

Worksport (NASDAQ: WKSP) reported Q3 2025 net sales of $5.0M, up 61% YoY and 22% sequentially, with gross margin of 31.3% and YTD sales of $11.4M (more than 2x prior year). Management cites a ~2300 bps margin improvement year-to-date and an ARR of $20.4M. The company reduced total debt and preserved revolving capacity.

Worksport projects 2026 base-case U.S. tonneau sales of $27M–$35M, expects incremental “tens of millions” from SOLIS and COR product launches, and says profitability and cash-flow positivity are achievable in 2026. Key product milestones: HD3 in production (Oct 21, 2025) and orders open for SOLIS & COR on Nov 28, 2025.

Worksport (NASDAQ: WKSP) will report Q3 2025 financial results on November 13, 2025, to be released pre-market, followed by a live webcast and Q&A at 8:30 A.M. ET. Steven Rossi, chairman and CEO, will lead the call and take questions.

The company said it will discuss recent financial performance, its focus on achieving cash flow positivity and profitability in the next few quarters, and progress tied to two flagship clean energy products launching later this month. The earnings transcript, deck, and audio will be posted on the Worksport investor website after the call. Investors are asked to register in advance for the webcast.

Worksport (NASDAQ: WKSP) announced final specifications and pricing for the COR modular portable energy system, with the COR Starter Kit (1 HUB + 1 Battery, ~1 kWh) available to order on November 28, 2025 at $949. Battery nominal capacity is 960 Wh each; HUB provides 1,800 W continuous AC output with 2,000 W boost. Configurations: Starter $949, Power Duo $1,598 (2 kWh), Power Trio $1,949 (3 kWh).

The system is scalable (swappable batteries), supports SOLIS solar tonneau integration for ~2–3 hour recharge under optimal conditions, and targets UN 38.3 and UL-related battery safety certifications. Worksport intends COR for consumer, job-site, fleet, and emergency response use cases.

Worksport (NASDAQ: WKSP) will exhibit at the 2025 SEMA Show in Las Vegas (November 4–7) to showcase its SOLIS Solar Tonneau and COR Portable Energy System, both entered in SEMA’s “New Product” category.

The company will display additional tonneau covers (HD3, AL4, SC4), meet distributors, regional jobbers and OEMs including Toyota, General Motors, and Ford, and highlight products made in its U.S. facility. SOLIS and COR completed third-party validation and are slated to begin sales on November 28, 2025, forming a modular mobile nano-grid for truck owners and off-grid power users.

Worksport (NASDAQ: WKSP) placed an initial purchase order exceeding $1 million for COR portable battery systems, signaling a move toward commercial scale for its clean‑tech product line. The opening order covers 900 COR units (each with one inverter and one battery) plus 600 additional batteries. Worksport said the supplier is a global Tier‑1 battery manufacturer with >3,000 employees and capacity to ramp production.

Worksport confirmed a joint SOLIS & COR launch on November 28, 2025 and projected an initial rollout revenue of $2.45 million. Management cited a recent 31% gross margin quarter and record production levels as drivers for planned revenue acceleration through 2026.

Worksport (NASDAQ: WKSP) announced that its SOLIS solar tonneau cover and COR portable energy storage system will be available for order on November 28, 2025, with select customers invited to pre-launch orders.

Pricing starts at $1,999 for SOLIS and $949 for the COR Starter Kit (inverter + battery); additional batteries can be purchased separately. Initial rollout targets 1,000 COR units, 900 1kWh battery packs and a limited number of SOLIS covers, representing an initial revenue opportunity of approximately $2.45 million. Worksport cited prior tonneau revenue growth from $1.5M (2023) to $8.5M (2024) and an expected $24M 2025 run rate, projecting continued scale in 2026 and beyond.

Worksport (NASDAQ: WKSP) announced that its new HD3 Heavy-Duty tonneau cover has entered production on Oct 23, 2025. The HD3 is a hard-folding truck bed cover built for commercial and fleet use with upgraded materials, reinforced seals, and heavy-duty latches as an evolution of the AL3 platform.

Initial distribution will be through existing distributors, dealers, and strategic retailers with initial shipments expected mid-November 2025. Six HD3 models are already in production; the company expects a rolling schedule toward 25+ applications by December 2025.

Worksport (NASDAQ: WKSP) reported record unaudited Q3 2025 results with accelerating U.S. manufacturing scale ahead of three clean-energy product launches: SOLIS, COR, and Aetherlux by Terravis.

Key metrics: Revenue $5.015M (+62% YoY, +22% QoQ), Gross margin 31.0% (up ~2,300 bps YoY), Gross profit $1.60M, and Production 8,600 units (doubling since Q1). These mark the third consecutive record quarter and reflect operational leverage from domestic manufacturing. The company plans to file its Form 10-Q on November 13, 2025.

Worksport (NASDAQ: WKSP) completed a $10.0 million Regulation A offering on Oct 15, 2025, removing near-term capital uncertainty and funding near-term commercialization. The offering includes $4.50 warrants that become exercisable as the company’s valuation rises. Proceeds will fund Q4 2025 launches of the COR™ portable power system and SOLIS™ solar tonneau cover and expansion of production and dealer channels.

The company reported its fourth consecutive monthly sales record and gross margins of 31%, and says the new capital positions it to pursue cash-flow positivity in early 2026 while scaling U.S. manufacturing.