Filing Flows › Worksport (WKSP) › Q1 2026 › vs Q1 2025
Worksport (WKSP) Q1 2026 vs Q1 2025 (year over year)
Worksport's revenue rose $1.1M (+48%) from $2.2M in Q1 2025 to $3.3M in Q1 2026. The biggest changes: Hard Tonneau Covers +$1.2M (+54%); Soft Tonneau Covers −$79K (-65%).
Worksport, Q1 2026: revenue $3.3M (+48% year over year), operating margin -173.4%, net loss $5.8M, operating cash flow −$8.2M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Hard Tonneau Covers | $3.3M | $2.1M | $1.2M | +54% |
| Soft Tonneau Covers | $43K | $122K | −$79K | -65% |
| Revenue | $3.3M | $2.2M | $1.1M | +48% |
| Net loss | $5.8M | $4.5M | $1.4M | +31% |
| Costs & expenses | $9.1M | $6.7M | $2.4M | +36% |
| Operating costs | $9.1M | $6.5M | $2.6M | +39% |
| Interest & other, net | $84K | $204K | −$120K | -59% |
| Cost of revenue | $2.5M | $1.8M | $615K | +33% |
| Research & development | $205K | $370K | −$164K | -44% |
| SG&A | $6.2M | $4.2M | $2.0M | +47% |
| Other operating costs | $221K | $75K | $146K | +193% |
| Operating cash sources | $9.4M | $4.9M | $4.5M | +92% |
| Depreciation & amortization | $426K | $445K | −$19K | -4% |
| Share-based compensation | $748K | $608K | $139K | +23% |
| Cash used in operations | $8.2M | $3.8M | $4.4M | +114% |
| Net loss absorbed | $5.8M | $4.5M | $1.4M | +31% |
| Working capital & other | $3.6M | $433K | $3.1M | +727% |
Questions
How much did Worksport's revenue grow year over year in Q1 2026?
Worksport's revenue rose $1.1M (+48%) from $2.2M in Q1 2025 to $3.3M in Q1 2026.
What drove Worksport's revenue change in Q1 2026?
Hard Tonneau Covers +$1.2M (+54%); Soft Tonneau Covers −$79K (-65%).