FY2025 · ended Dec 31, 2025 · Revenue $16.10M, +89.8% YoY · Filed Mar 26, 2026
Worksport Ltd (WKSP) files with the SEC under industry code 3714, Motor Vehicle Parts & Accessories. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $16.1 million and a net loss of $19.4 million. Free cash flow was -$18.1 million. As of Jun 30, 2026 it held $1.5 million in cash and investments and $5.5 million in total debt.
Revenue (TTM)
$18.30M
+47.6% vs year-ago TTM
Net income
$-19.35M
-229.6% vs prior year
Operating cash flow (TTM)
$-22.06M
-107.1% vs year-ago TTM
Free cash flow (TTM)
$-22.75M
-104.7% vs year-ago TTM
EPS
$-3.16
+45.9% vs prior year
Dividend per share
None
Shares outstanding
11.89M
+147.8% vs prior year
Net cash
$-3.97M
as of Jun 30, 2026
Operating margin
-112.0%
FY 2026
Company profile
- Industry
- Motor Vehicle Parts & Accessories (SIC 3714)
- Listed as
- WKSP (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- NV
- Headquarters
- West Seneca, NY
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1096275
- Former names
- Worksport Ltd (until Nov 4, 2026); Worksport, Ltd (until May 17, 2021); Franchise Holdings International, Inc. (until Jul 2, 2020); TMANGLOBAL COM INC (until May 6, 2009)
Other Motor Vehicle Parts & Accessories companies
- Magna International Inc MGA
- Borgwarner Inc BWA
- Allison Transmission Holdings Inc ALSN
- Aptiv PLC APTV
- Autoliv Inc ALV
- Modine Manufacturing Co MOD
- Lear Corp LEA
- Gentex Corp GNTX
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $16.1M | $8.5M | $1.5M | $116,502 | $303,750 |
| Operating income | -$18.8M | -$15.5M | -$14.7M | -$12.8M | -$7.6M |
| Net income | -$19.4M | — | $14.9M | $12.5M | — |
| Diluted EPS | -$3.16 | -$5.84 | -$8.44 | -$0.73 | — |
| Operating cash flow | -$17.3M | -$10.1M | -$11.9M | -$8.0M | -$4.2M |
| Free cash flow | -$18.1M | -$10.7M | -$15.6M | -$19.0M | -$5.3M |
| Total assets | $30.7M | $25.7M | $26.0M | $32.8M | $36.3M |
| Total liabilities | $7.8M | $8.3M | $7.8M | $8.6M | $2.1M |
| Stockholders' equity | $22.9M | $17.4M | $18.2M | $24.1M | $34.2M |
| Cash and investments | $6.0M | $4.9M | $3.5M | $14.6M | $28.6M |
| Total debt | $2.9M | $5.9M | $936,990 | $1.3M | $529,917 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Regulation FD disclosure
|
Nov 4, 2026 | Nov 4, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Nov 3, 2026 | Nov 3, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Oct 6, 2026 | Oct 6, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Sep 4, 2026 | Sep 3, 2026 |
| 8-K |
Current report
Material agreement, Unregistered share sale
|
Aug 27, 2026 | Aug 27, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Aug 26, 2026 | Aug 25, 2026 |
All 631 Worksport Ltd SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.