Quick Answer
Worksport Ltd reported Total Revenue of $16.10 million for fiscal year 2025.
Worksport Ltd — Key Financials by Year
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total Revenue | $16.10M +89.8% |
$8.48M +454.7% |
$1.53M +1213.0% |
$116.5K -61.6% |
$303.8K -12.2% |
$346.1K -82.0% |
| Revenue (ASC 606) | $16.10M +89.8% |
$8.48M +454.7% |
$1.53M +1213.0% |
$116.5K -61.6% |
$303.8K -12.2% |
$346.1K -82.0% |
| Net Income | — | -$16.16M -8.3% |
-$14.93M -19.1% |
-$12.53M -58.7% |
-$7.90M -565.0% |
-$1.19M -230.8% |
| Diluted EPS | -$3.16 +45.9% |
-$5.84 +30.8% |
-$8.44 -1056.2% |
-$0.73 -5.8% |
-$0.69 | — |
| Total Assets | $30.71M +19.3% |
$25.74M -0.8% |
$25.95M -20.8% |
$32.76M -9.7% |
$36.29M +1808.1% |
$1.90M +295.2% |
| Cash and Equivalents | $5.95M +21.8% |
$4.88M +45.1% |
$3.37M -77.0% |
$14.62M -48.8% |
$28.57M +2478.7% |
$1.11M +9137.2% |
| Stockholders Equity | $22.88M +31.4% |
$17.41M -4.2% |
$18.18M -24.6% |
$24.12M -29.4% |
$34.18M +20068.4% |
$169.5K +119.2% |
| R&D Expense | $1.54M -32.8% |
$2.29M +37.2% |
$1.67M | — | — | — |
| Operating Income | -$18.81M -21.6% |
-$15.47M -4.9% |
-$14.74M -15.4% |
-$12.77M -68.9% |
-$7.56M -666.7% |
-$986.2K -83.4% |
| Gross Profit | $4.47M +394.1% |
$905.6K +276.5% |
$240.5K +304.0% |
$59.5K +226.8% |
-$47.0K -199.6% |
$47.1K -80.2% |
| Shares Outstanding | 9.81M +144.4% |
4.02M +97.6% |
2.03M -88.2% |
17.16M +1.2% |
16.95M +343.7% |
3.82M -90.9% |
Most Recent Quarter
| Metric | Quarter Ending | Value | YoY | QoQ |
|---|---|---|---|---|
| Total Revenue | September 30, 2025 | $5.01M | +60.6% | +22.1% |
| Revenue (ASC 606) | September 30, 2025 | $5.01M | +60.6% | +22.1% |
| Net Income | September 30, 2025 | -$4.93M | -19.2% | -32.0% |
| Diluted EPS | September 30, 2025 | -$0.75 | +46.4% | -5.6% |
| Total Assets | September 30, 2025 | $27.05M | +8.5% | +14.7% |
| Cash and Equivalents | September 30, 2025 | $3.76M | +102.5% | +170.0% |
| Stockholders Equity | September 30, 2025 | $19.78M | +20.9% | +14.2% |
| R&D Expense | September 30, 2025 | $301.1K | -24.1% | -1.2% |
| Operating Income | September 30, 2025 | -$4.79M | -22.7% | -32.5% |
| Gross Profit | September 30, 2025 | $1.57M | +534.7% | +45.0% |
| Shares Outstanding | September 30, 2025 | 7.59M | +145.4% | +37.5% |
- Worksport Ltd reported Total Revenue of $16.10 million for fiscal year 2025.
- Worksport Ltd showed an increase of +89.8% in Total Revenue compared to the prior fiscal year.
- Worksport Ltd reported Revenue (ASC 606) of $16.10 million for fiscal year 2025.
- Worksport Ltd showed an increase of +89.8% in Revenue (ASC 606) compared to the prior fiscal year.
- Worksport Ltd reported Net Income of -$16.16 million for fiscal year 2024.
- Worksport Ltd showed a decrease of -8.3% in Net Income compared to the prior fiscal year.
- Worksport Ltd reported Diluted EPS of $3.16 per share (loss) for fiscal year 2025.
- Worksport Ltd showed an increase of +45.9% in Diluted EPS compared to the prior fiscal year.
- Worksport Ltd reported Total Assets of $30.71 million for fiscal year 2025.
- Worksport Ltd showed an increase of +19.3% in Total Assets compared to the prior fiscal year.
- Worksport Ltd reported Cash and Equivalents of $5.95 million for fiscal year 2025.
- Worksport Ltd showed an increase of +21.8% in Cash and Equivalents compared to the prior fiscal year.
- Worksport Ltd reported Stockholders Equity of $22.88 million for fiscal year 2025.
- Worksport Ltd showed an increase of +31.4% in Stockholders Equity compared to the prior fiscal year.
- Worksport Ltd reported R&D Expense of $1.54 million for fiscal year 2025.
- Worksport Ltd showed a decrease of -32.8% in R&D Expense compared to the prior fiscal year.
- Worksport Ltd reported Operating Income of -$18.81 million for fiscal year 2025.
- Worksport Ltd showed a decrease of -21.6% in Operating Income compared to the prior fiscal year.
- Worksport Ltd reported Gross Profit of $4.47 million for fiscal year 2025.
- Worksport Ltd showed an increase of +394.1% in Gross Profit compared to the prior fiscal year.
- Worksport Ltd reported Shares Outstanding of 9.81 million shares for fiscal year 2025.
- Worksport Ltd showed an increase of +144.4% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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