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Worksport (WKSP) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 11, 2026

Worksport (WKSP) reported revenue of $5.2M for the second quarter 2026 (Q2 2026), +27% from a year earlier and +58% from the quarter before. Operating margin was -73.0%, net loss $4.0M (75.8% of revenue).

Revenue$5.2M
Year over year+27%
Quarter over quarter+58%
Operating margin-73.0%
Net earnings−$4.0M

Worksport, Q2 2026: revenue $5.2M (+27% year over year), operating margin -73.0%, net loss $4.0M, operating cash flow −$3.4M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$5.2M+58%+27%
Operating profit−$3.8M——
Net earnings−$4.0M——
Operating cash flow−$3.4M——

What changed

Revenue was $5.2M in Q2 2026, up 27% year over year and up 58% from the previous quarter.

Gross margin was 31.5%, up 5.2 points from Q2 2025. Operating costs exceeded revenue by $3.8M, an operating margin of -73.0%. Operating expenses grew 16% against revenue growth of 27%. The fastest-growing cost line was Other operating costs (+48%). The quarter ended with a net loss of $4.0M, narrower than the previous quarter's $5.8M loss.

Operating cash flow was −$3.4M. Non-cash charges added back $420K of depreciation and amortization. Capital expenditures of $69K exceeded it, leaving free cash flow of −$3.5M.

Questions

What was Worksport's revenue in the second quarter 2026?

Worksport (WKSP) reported revenue of $5.2M for the second quarter 2026 (Q2 2026), +27% from a year earlier and +58% from the quarter before.

Was Worksport profitable in the second quarter 2026?

Operating loss was $3.8M (-73.0% of revenue) and net loss $4.0M.

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Source: Worksport 10-Q on SEC EDGAR.