Earnings ·
Worksport Ltd. filed an amendment to its Form 8-K to include preliminary, unaudited financial results for the second…
WKSPWorksport Ltd
Worksport Ltd. filed an amendment to its Form 8-K to include preliminary, unaudited financial results for the second quarter of 2026, specifically covering April through June. Net sales increased approximately 46% from $1.43 million in April to $2.08 million in June, while gross profit surged 132% from $310,000 to $720,000 over the same period. The company reported a gross margin run rate above 35%, up from 26% in Q1 2026, and stated it is moving closer to operational cash-flow positivity. Worksport expects to release complete Q2 2026 financial results by approximately August 11, 2026. Worksport Ltd. designs, develops, and manufactures tonneau covers, solar integrations, and clean energy solutions for the light truck and overlanding markets.