Worksport Ltd Stock Price, News & Analysis

Worksport (NASDAQ:WKSP) reported record direct-to-consumer online sales on November 28, 2025, with single-day e-commerce revenue exceeding $200,000, a >400% increase versus Black Friday 2024 (≈$40,000).

For the week, Worksport recorded its highest online sales week of $665,000, driven by the commercial debut of the SOLIS solar cover and COR portable power system on November 28. Management said results reflect stronger DTC demand and the company’s expanding U.S. manufacturing and clean-energy product lines, which it believes will support revenue in 2026.

Worksport (NASDAQ: WKSP) launched the COR portable battery system and SOLIS truck-mounted folding solar array on December 1, 2025, and began online sales at worksport.com.

The modular Nano-Grid pairs SOLIS solar tonneau covers ($1,999–$2,499) with COR starter kits ($949) to deliver on-board renewable power (COR battery ≈960 Wh usable; HUB 1,800 W continuous/2,000 W boost). Worksport reported an opening purchase order >$1 million for 900 COR units plus 600 batteries and previously projected $2–3 million in initial 2025 SOLIS+COR revenue with 8-figure growth potential in 2026.

Worksport (NASDAQ: WKSP) announced the HD3 heavy-duty tonneau cover is now selling to its B2B dealer network after production began in mid-October. The HD3 has a minimum advertised price of $869, U.S.-manufactured upgrades (reinforced seals, stronger panels, heavy-duty latches), and will be added to the direct-to-consumer channel in December while remaining dealer-focused.

The company also confirmed initial orders for its clean-tech products COR and SOLIS will open on November 28, 2025. Management says HD3, COR, and SOLIS move the pipeline into commercialization and may contribute to unit sales, inventories, and channel diversification over coming quarters.

Worksport (NASDAQ: WKSP) announced a strategic U.S. expansion with a newly leased Missouri facility to serve as the dedicated assembly center for the SOLIS solar-integrated tonneau cover and a distribution hub for COR. The move more than triples Worksport's prior Missouri footprint, links engineering, testing and final assembly on one site, and complements the company's 152,000 sq ft Buffalo production facility. The Missouri site is under a three-year lease, required minimal capital expenditure, and supports a U.S. build-to-order model. SOLIS and COR orders open November 28, 2025.

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.