Worksport Provides 2026 Business Update: Clean Energy Products Shipping Now, OEM and Major Distribution Conversations Deepen, Record Growth Forecasted

Rhea-AI Summary

Worksport (NASDAQ:WKSP) provided a 2026 business update: SOLIS and COR clean-energy products are shipping from U.S. facilities to fulfill pre-orders and a major digital marketing push begins this month. The company reports >2,000 basis-point gross margin expansion in 2025 and triple-digit revenue growth over the past two years. Worksport says it has agreements with major U.S. master warehouse distributors, initiated retailer talks (Home Depot, Lowe's, Bass Pro, Camping World), and has a signed Hyundai agreement to explore OEM integration. Aetherlux ZeroFrost heat pumps aim for 2026 commercialization.

Positive

• SOLIS and COR commercial shipments started in January 2026
• Gross margin expansion of +2,000 bps in 2025
• Revenue growth at triple-digit rates over two years
• Signed agreement with Hyundai to explore OEM integration
• Agreements with major U.S. master warehouse distributors

Negative

• Updated FY2026 financial guidance not yet provided (expected Q1 2026)
• Retail placements with Home Depot, Lowe's and others are in discussions, not finalized

News Market Reaction

+5.99%

2 alerts

+5.99% News Effect

-5.2% Trough Tracked

+$1M Valuation Impact

$19M Market Cap

0.0x Rel. Volume

On the day this news was published, WKSP gained 5.99%, reflecting a notable positive market reaction. Argus tracked a trough of -5.2% from its starting point during tracking. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $1M to the company's valuation, bringing the market cap to $19M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Truck bed capacity: 6 kWh Operating temperature (F): -57°F Operating temperature (C): -50°C +1 more

4 metrics

Truck bed capacity 6 kWh Energy that truck beds can hold using COR batteries

Operating temperature (F) -57°F Aetherlux heat pump ZeroFrost operating capability

Operating temperature (C) -50°C Aetherlux heat pump ZeroFrost operating capability

Gross margin expansion 2,000 basis points Gross margins expanded by more than this in 2025

Market Reality Check

Price: $1.96 Vol: Volume 213,482 is slightl...

normal vol

$1.96 Last Close

Volume Volume 213,482 is slightly below the 20-day average of 239,403, suggesting no unusual trading activity pre‑announcement. normal

Technical Shares at $2.17 are trading below the 200-day MA of $3.07 and sit well under the $11.00 52-week high.

Peers on Argus

While WKSP was down about 5%, key auto parts peers like GTEC (+9.9%), WPRT (+5.5...

While WKSP was down about 5%, key auto parts peers like GTEC (+9.9%), WPRT (+5.56%) and others showed gains, indicating today’s pressure was stock-specific rather than sector-driven.

Historical Context

5 past events · Latest: Dec 18 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 18	Monthly sales record	Positive	-3.1%	Highest monthly net sales and margin expansion highlighted for November 2025.
Dec 16	Product launch	Positive	+4.8%	Launch of SOLIS solar cover version compatible with Rivian R1T pickup.
Dec 08	Logistics expansion	Positive	-4.3%	Opening of AI-integrated distribution center to speed U.S. shipping.
Dec 02	E-commerce milestone	Positive	+4.3%	Record Black Friday and weekly online sales driven by SOLIS and COR debut.
Dec 01	COR/SOLIS launch	Positive	-2.3%	Launch of COR battery and SOLIS solar array with initial large purchase order.

Pattern Detected

Stock has shown a tendency toward negative or mixed reactions to otherwise positive operational updates, with more divergences than alignments over recent news.

Recent Company History

Over late 2025, Worksport reported several operational milestones: record monthly net sales of about $2.05M and gross margin near 30%, the commercial launch of COR and SOLIS with an opening order above $1M, and record online Black Friday revenue exceeding $200,000 and a week totaling $665,000. The company also unveiled a SOLIS model for the Rivian R1T and opened an AI-integrated distribution center to speed U.S. deliveries. Today’s broad 2026 growth update fits this trajectory of scaling clean-energy products and distribution.

Regulatory & Risk Context

Active S-3 Shelf · $30,000,000

Shelf Active

Active S-3 Shelf Registration 2025-11-17

$30,000,000 registered capacity

An effective Form S-3 shelf filed on 2025-11-17 allows Worksport to offer up to $30,000,000 in various securities, including $4,000,000 via an at-the-market program. This provides flexible access to capital but also represents potential future equity issuance.

Market Pulse Summary

The stock moved +6.0% in the session following this news. A strong positive reaction aligns with man...

Analysis

The stock moved +6.0% in the session following this news. A strong positive reaction aligns with management’s emphasis on record revenue growth and margin expansion in 2025, alongside 2026 commercialization plans for SOLIS, COR and Aetherlux. Historically, reactions to good news have been mixed, so a large gain would represent a shift versus prior divergences. Investors would need to weigh execution on these growth plans against funding flexibility from the $30,000,000 S-3 shelf, which enables additional capital raises.

Key Terms

tonneau cover, heat pump, oem, hvac

4 terms

tonneau cover technical

"The SOLIS™ Solar Tonneau Cover and COR™ Portable Energy System, are shipping"

A tonneau cover is a protective folding, roll-up, or rigid cover that fits over the open cargo bed of a pickup truck to keep goods dry, secure, and to reduce wind drag. For investors, trends in tonneau cover sales, design innovations, and market share offer insight into consumer demand for vehicle accessories, aftermarket revenue growth and product margins—similar to how phone cases signal accessory markets around smartphones.

heat pump technical

"the Aetherlux heat pump features proprietary ZeroFrost™ technology"

A heat pump is an electric device that moves warmth from one place to another—extracting heat from outside air, ground, or water to warm a building, or reversing to cool it—similar to how a refrigerator transfers heat to stay cold. Investors care because heat pumps cut energy use and emissions compared with traditional heaters, influencing demand for manufacturers, utility load patterns, fuel markets, and eligibility for incentives or regulations that can affect company revenues and long‑term operating costs for consumers.

oem technical

"Worksport's Original Equipment Manufacturer (OEM) division is exploring multiple"

OEM stands for Original Equipment Manufacturer, which is a company that produces parts or components used in the final products made by other companies. For investors, understanding OEMs is important because their performance can impact the supply chain and overall success of major industries, especially those relying on specialized parts. Think of OEMs as the suppliers that provide the building blocks for larger products, like the engine parts for a car.

hvac technical

"opportunity in the global HVAC market, positioning Worksport as a leader"

HVAC stands for heating, ventilation and air conditioning — the systems that control temperature, airflow and indoor air quality in buildings. Investors care because HVAC drives operating costs, energy use, tenant comfort and regulatory compliance; like the engine and insulation of a building, efficient modern systems can lower bills, reduce repair and replacement spending, and preserve property value, while outdated units can create unexpected expenses and vacancy risk.

AI-generated analysis. Not financial advice.

Entering 2026 with SOLIS solar systems shipping, expanding B2B and retail momentum, active EV OEM discussions, and major Aetherlux updates ahead.

WEST SENECA, NEW YORK / ACCESS Newswire / January 13, 2026 / Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), U.S.-based technology and manufacturing company focused on clean energy solutions and automotive accessories for consumer and reseller channels, is proud to provide its "Year Ahead" corporate update for 2026. Following a transformation in 2025 where the Company achieved record revenue growth and hit gross margin targets earlier than anticipated, Worksport is now executing on mass commercialization across all business units.

Worksport Chief Executive Officer, Steven Rossi commented:

"Over the past year, we focused on scaling U.S. manufacturing and launching multiple product lines while building a durable sales and distribution network. As we enter 2026, our SOLIS and COR systems are shipping, we are advancing COR toward major home improvement retailers, potential EV OEM partners are actively evaluating our technology, and Aetherlux heat pumps are progressing toward commercialization. With momentum across our core business and subsidiaries, we believe 2026 will be the most significant growth year in Worksport's history."

1. Clean Energy Launch: COR™ and SOLIS™ Shipping Now, Marketing to Ramp Up

Worksport confirms that its flagship power duo, the SOLIS^™ Solar Tonneau Cover and COR^™ Portable Energy System, are shipping to customers.

• Commercial Availability: Following successful production launch, inventory is now leaving Worksport's US facilities to fulfill pre-orders.

• Marketing Ramp: A major digital marketing campaign initiates this month to drive sales for the standalone COR battery system and the solar-integrated SOLIS cover.

• The Nano-Grid Advantage: The COR is the only of its kind to offer 'TRULY UNLIMITED' energy. Users can purchase as much energy (as many batteries) as they desire. With truck beds capable of holding 6kWh of energy, or more. For home or commercial applications, users can have truly limitless energy.

2. B2B Update: Partnering with Master Distributors and Big Box Retailers

Worksport has aggressively expanded its sales footprint beyond direct-to-consumer channels to secure long-term volume.

• Master Warehouses: Company has secured agreements with major U.S. Master Warehouse Distributors. These partners supply thousands of local auto parts stores and dealerships, placing Worksport products directly in the hands of professionals nationwide.

• Major Retailers: Conversations have initiated for the Worksport COR system to be available in retailers such as Home Depot, Lowes, Cabella's, Bass Pro, and Camping World.

• Product Exposure: Worksport's covers including the new HD3 Heavy-Duty Tonneau Cover are expected to increase availability across major online marketplaces. Worksport plans to release another tonneau cover product line in early Q2 2026.

3. Aetherlux: 2026 Commercialization of ZeroFrost^™ Technology

Terravis Energy, a Worksport subsidiary, is preparing for the commercial launch of its Aetherlux Heat Pump this year.

• The Breakthrough: Unlike standard heat pumps that fail in extreme cold, the Aetherlux heat pump features proprietary ZeroFrost^™ technology that operates efficiently at temperatures as low as -57°F (-50°C) without defrost cycles.

• Market Opportunity: This innovation opens a multi-hundred-million-dollar opportunity in the global HVAC market, positioning Worksport as a leader in residential and industrial decarbonization.

The Company anticipates significant updates on this product line throughout 2026.

4. OEM Partnership Potential: Worksport Solis Integrated into EV Pickup Truck Battery

Worksport's Original Equipment Manufacturer (OEM) division is exploring multiple high-level integrations to bring its technology to the factory floor of EV Manufacturers. Currently, SOLIS and COR function as third party accessories, such as the application of SOLIScoversto Rivian trucks, announced in December 2025. The SOLIS system generates power that feeds into Worksport's COR battery system. With OEM integration, it is believed that SOLIS will be able to integrate directly with the vehicle battery, to increase last-mile range of EV pickup trucks.

Worksport has a signed agreement with Hyundai to explore this for the future Hyundai EV pickup truck, and the Company is exploring conversations with other EV pickup trucks, like Slate and Rivian.

5. Fiscal Year 2026 Guidance Update

Worksport expects to provide an updated financial outlook during the first quarter of 2026. The Company notes that gross margins expanded by more than 2,000 basis points in 2025, while revenue grew at triple-digit rates over the past two years. Management anticipates continued strong revenue growth, alongside further improvements in gross margin performance.

"We are building a manufacturing powerhouse in the USA," concluded Rossi. "With products shipping, partners engaging, and the market shifting to renewables, Worksport is ready to deliver for our shareholders in 2026."

For all future updates, join Worksport's Newsletter.

Contacts

Investor Relations, Worksport Ltd. T: 1 (888) 554-8789-128

W: investors.worksport.com W: www.worksport.com E: investors@worksport.com

Connect with Worksport Chief Executive Officer, Steven Rossi

Steven Rossi X (Twitter)
Steven Rossi LinkedIn

About Worksport

Worksport Ltd. (Nasdaq:WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport's hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology. Terravis Energy's website is terravisenergy.com.

Connect with Worksport

Please follow the Company's social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube, and Instagram, the links of which are links to external third-party websites, as well as sign up for the Company's newsletters at investors.worksport.com.

Social Media Disclaimer

The Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company. Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission (SEC") filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media. The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.

Forward-Looking Statements

The information contained herein may contain "forward‐looking statements." Forward‐looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "scheduled," "expect," "future," "intend," "plan," "project," "envisioned," "should," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial situation may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, including, without limitation, our latest Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.

SOURCE: Worksport Ltd.

View the original press release on ACCESS Newswire

FAQ

Are Worksport SOLIS and COR shipping now for customers (WKSP)?

Yes; Worksport says inventory is leaving U.S. facilities to fulfill pre-orders for SOLIS and COR.

What 2025 margin and revenue improvements did Worksport report (WKSP)?

Management reported gross margins expanded by more than 2,000 basis points in 2025 and triple-digit revenue growth over the past two years.

Has Worksport signed any OEM agreements for SOLIS integration (WKSP)?

Worksport has a signed agreement with Hyundai to explore SOLIS integration for a future Hyundai EV pickup; other OEM talks are ongoing.

When will Worksport provide fiscal 2026 guidance (WKSP)?

The company expects to provide an updated financial outlook during Q1 2026.

What is Aetherlux ZeroFrost and is it commercial in 2026 (WKSP)?

Aetherlux ZeroFrost is a heat pump technology Worksport says operates efficiently to -57°F (-50°C); the company is preparing for commercialization in 2026.

Are Worksport retail placements confirmed with big-box stores (WKSP)?

Worksport says conversations have initiated with retailers like Home Depot and Lowe's, but those retailer agreements are not yet finalized.