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) 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.
Worksport (NASDAQ:WKSP) CEO Steven Rossi will present at the D. Boral Capital 2026 Global Conference on May 7, 2026 in Manhattan.
The company will highlight its expanding U.S. manufacturing footprint, growing tonneau cover portfolio, newly launched SOLIS™ solar tonneau cover and COR™ portable energy system, and progress toward its 2026 revenue guidance. Management will meet investors on May 6–7.
Worksport (NASDAQ:WKSP) announced a new cross-regional distribution partnership with Tri-State Enterprises and booked two initial purchase orders on April 29, 2026. The company projects the Tri-State account to generate seven-figure revenue in the near term with potential to become a recurring multi-million-dollar contributor.
Tri-State operates ~1 million sq ft of warehouse space across AR, MO, OK, and TX and offers same-day delivery in parts of its network, which may accelerate Nexus tonneau cover distribution and sell-through.
Worksport (NASDAQ:WKSP) launched the Nexus tonneau cover on April 20, 2026, with production starting April 13, 2026 and immediate B2C and B2B availability. The Nexus features a proprietary single-side Uplatch operation, 16-gauge aluminum construction, Diamond Shield Finish, and MSRP between $1,249–$1,349.
Early channel validation includes approximately $250,000 in pre-order interest from large distributors and management expects the Nexus can contribute millions to 2026 revenue and support the company’s $35M–$42M full-year guidance.
Worksport (NASDAQ:WKSP) will exhibit at the Midwest Overlanding and Off-Road Expo (MOORE) on April 17-18, 2026 in Springfield, Missouri, at Booths 37-39. The company will demo newly launched SOLIS solar tonneau, the COR battery system, Vehicle Mounting System, and a patent-pending premium cover.
Management will lead demos to engage consumers, investors, and B2B partners as part of a 2026 commercial rollout to scale SOLIS and COR product sales.
Worksport (NASDAQ:WKSP) CEO Steven Rossi acquired 88,214 shares at a deemed price of $0.8502 (aggregate value $75,000) on April 13, 2026, paid via previously accrued cash compensation.
The company reported rapid revenue growth ($1.5M in 2023 to $16.1M in 2025) and forecasts $35–$42M for 2026, margin expansion toward ~35%, and targets operational cash-flow positivity in H2 2026.
Worksport (NASDAQ:WKSP) announced on April 2, 2026 that its COR Portable Energy System is fully certified for North American retail and commercial distribution. Key safety certifications include UL 2743, UL 1741, UL 1977, UL 1778, UL 2054 and CSA 62133-2, completing the product's multi-stage validation and enabling broader sales through retailers, distributors, fleets, and commercial channels.
The COR system integrates a modular HUB and swappable batteries and works with the SOLIS solar tonneau cover as part of Worksport's clean-energy ecosystem.
Worksport (NASDAQ:WKSP) reported record FY2025 results with net sales of $16.1M (up 89.8% YoY), gross margin of 28% (Q4 ~30%), and online sales of $11.9M (74% of revenue). The company guides FY2026 revenue to $35M–$42M, targets 35% gross margin, 1,500 dealers, and initial operational cash-flow positivity in H2 2026.
Year-end liquidity totaled ~$9.3M and FY2025 net loss was $19.35M. Key commercialization launches occurred in December 2025.