Worksport Ltd Stock Price, News & Analysis

Worksport (NASDAQ: WKSP), a U.S.-based advanced manufacturing and clean energy technology company, reported significant B2B growth with its active dealer network expanding 42% in one quarter to 266 dealers. The company's B2B revenue has grown at a 25% monthly geometric rate since early 2025, with August setting a new revenue record.

Gross margins have shown consistent improvement, rising from 11% in Q4 2024 to 31% in July 2025. The company is preparing to launch its HD3 Tonneau Cover and is developing an additional innovative model for Spring 2026. Additionally, Worksport confirmed the upcoming Q4 2025 launch of its SOLIS Solar Tonneau Cover and COR Portable Energy System, marking its entry into clean energy markets.

Worksport (NASDAQ: WKSP), a U.S. manufacturer of clean energy solutions for light trucks, reported significant progress across multiple business segments. The company is experiencing record Q3 performance with gross margins exceeding 30%, following an 83% sequential revenue increase in Q2 2025.

The company confirmed its SOLIS Solar Tonneau Cover and COR Portable Energy System are on track for commercial launch in late Q4 2025, projecting $2-3 million in potential revenue for 2025 and eight-figure growth in 2026. Additionally, Worksport is planning strategic distribution facility expansions in the Southeast and West Coast U.S.

Through its subsidiary Terravis Energy, Worksport is advancing the AetherLux ZeroFrost Heat Pump program, engaging with major corporations and government officials, with launch anticipated in mid-2026.

Worksport (NASDAQ: WKSP) reported its fourth consecutive monthly sales record in July 2025, with revenue reaching $1.71 million. The company achieved a significant milestone by reaching a 31% gross margin in July, surpassing its year-end 30% target one quarter ahead of schedule.

Monthly revenue showed consistent growth from April (~$1.2M) through July, while gross margins expanded dramatically from 11% in Q4 2024 to 31% in July 2025. The company is now operating at an annualized run-rate exceeding $20 million. Worksport plans to launch several new products in 2025, including the HD3 heavy-duty tonneau cover in Q3, and the SOLIS solar cover and COR modular power system in Q4.

Worksport (NASDAQ: WKSP), a U.S.-based manufacturer of clean energy solutions for light trucks, will present at Wall Street Reporter's "NEXT SUPER STOCK" livestream conference on September 4, 2025, at 1 PM ET.

CEO Steven Rossi will discuss the company's recent achievements, including record Q2 2025 revenue of $4.10 million (up 114% YoY), improved gross margins from 11% to 26%, and expansion of dealer network to 450+ new accounts. The presentation will also cover upcoming product launches including the HD3 tonneau cover, SOLIS solar cover, and COR portable power system, as well as the development of AetherLux™ cold-climate heat pump technology.

Worksport (NASDAQ: WKSP) reported strong Q2 2025 results with record-breaking performance. The company achieved net sales of $4.10 million, marking a 114% year-over-year and 83% sequential increase. Gross margin expanded to 26.4%, resulting in a 173% increase in gross profit to $1.08 million.

Key operational metrics show operating loss improved 15% QoQ to $(3.62) million, while operating cash use improved 19% to $(3.10) million. The company maintains $6.1 million in total liquidity and reaffirmed its 2025 revenue target of ≥$20 million. Production is ramping up, with July output averaging 115-130 units/day and targeting ~200 units/day by late Q3.

Worksport expects to achieve operating cash-flow breakeven by Q4 2025 or early Q1 2026, with gross margins projected to reach ~30% by year-end. The company plans to launch HD3, SOLIS, and COR products in the coming quarters.

Worksport (NASDAQ: WKSP), a U.S. manufacturer of hybrid and clean energy solutions for light trucks, has announced several strategic developments ahead of its Q2 2025 earnings release. The company has doubled its Bitcoin holdings with a 15% value increase since initial purchase, and invested in new manufacturing equipment that will increase production capacity from $50 million to over $100 million annually.

The company has initiated discussions with two automotive OEMs and maintains a paid pilot program with a top-15 U.S. construction company for its COR and SOLIS products. Worksport is targeting $20 million in year-end revenue and plans to launch its COR portable energy system and SOLIS solar tonneau cover in Fall 2025, targeting a $13 billion market.

Worksport (NASDAQ: WKSP) has achieved a significant production milestone, manufacturing 2,499 tonneau covers in July 2025, more than doubling its March 2025 output of 1,234 units. This growth was achieved without proportional headcount increase at their ISO 9001:2015-certified facility in West Seneca, New York.

The company is on track to exceed $20 million in revenue this year and expects to achieve cash flow positivity soon. Worksport plans to launch its SOLIS solar-integrated tonneau cover and COR portable power system in Fall 2025, targeting a $13 billion market with projected initial revenue of $2-3 million, scaling to eight figures in 2026.

The company will discuss Q2 2025 performance in a webcast scheduled for August 13, 2025.

Worksport (NASDAQ: WKSP) has achieved a new production milestone, manufacturing 2,499 tonneau covers in July 2025, more than doubling its March 2025 output of 1,234 units. The company demonstrated significant operational efficiency by achieving this growth without proportional headcount increase at its ISO 9001:2015-certified facility.

The company expects to exceed $20 million in revenue this year and projects reaching cash flow positivity soon. Worksport is preparing to launch its clean-tech products - the SOLIS solar-integrated tonneau cover and COR portable power system - in Fall 2025, targeting a $13 billion market. Initial revenue projections for these products are $2-3 million, with eight-figure revenue contributions expected in 2026.

Worksport (NASDAQ: WKSP), a U.S. manufacturer of hybrid and clean energy solutions for light trucks and overlanding markets, has scheduled its Q2 2025 earnings report for August 13, 2025, before market open. The earnings call will be held at 1:00 P.M. ET via webcast.

CEO Steven Rossi will lead the discussion, highlighting the company's progress toward cash flow positivity and profitability. Management indicates record growth in margins and revenue, particularly in their tonneau cover business, and plans to discuss an upcoming launch in their clean-tech division.