Worksport (WKSP) Cost of Revenue (2014 - 2026)
Worksport (WKSP) reported Cost of Revenue of $2.2 million for Q1 2026, up 16.93% year-over-year from $1.8 million in Q1 2025, and down 34.97% quarter-over-quarter from $3.3 million in Q4 2025.
Worksport (WKSP) Cost of Revenue (2014 - 2026) Analysis & Trends
Worksport (WKSP) has 13 years of Cost of Revenue data on file, last reported at $2.2 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $2.2 million, up 16.93% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.2 million (down 11.65% YoY), and the FY2025 annual result was $11.6 million, up 53.41% from the prior year.
- Cost of Revenue eased to $2.2 million in Q1 2026 per WKSP's latest filing, from $3.3 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $6.4 million in Q4 2024 and troughed at $66777.0 in Q1 2024.
- A 5-year average of $1.6 million and a median of $720488.0 in 2022 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue tumbled 87.73% in 2024, then jumped 2661.11% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $493023.0 in 2022, then surged by 90.91% to $941213.0 in 2023, then jumped by 576.99% to $6.4 million in 2024, then plunged by 47.97% to $3.3 million in 2025, then tumbled by 34.97% to $2.2 million in 2026.
- Business Quant data shows WKSP's Cost of Revenue at $2.2 million in Q1 2026, $3.3 million in Q4 2025, and $3.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 2.21 Bn |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 2.32 Bn |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 618.90 Mn |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 2.86 Bn |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 3.93 Bn |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 4.17 Bn |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | 6.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 8.96 Bn |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 1.00 Bn |
| 10 | Worksport | 6.27 Mn | 5.71 Mn | 853,946.00 | 2.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.16 Mn |
| Mar 31, 2026 | 2.16 Mn |
| Dec 31, 2025 | 3.32 Mn |
| Dec 31, 2025 | 3.32 Mn |
| Sep 30, 2025 | 3.45 Mn |
| Sep 30, 2025 | 3.45 Mn |
| Jun 30, 2025 | 1.31 Mn |
| Jun 30, 2025 | 1.31 Mn |
| Mar 31, 2025 | 1.84 Mn |
| Mar 31, 2025 | 1.84 Mn |
| Dec 31, 2024 | 6.37 Mn |
| Dec 31, 2024 | 6.37 Mn |
| Sep 30, 2024 | 2.88 Mn |
| Sep 30, 2024 | 2.88 Mn |
| Jun 30, 2024 | 478,792.00 |
| Jun 30, 2024 | 478,792.00 |
| Mar 31, 2024 | 66,777.00 |
| Mar 31, 2024 | 66,777.00 |
| Dec 31, 2023 | 941,213.00 |
| Dec 31, 2023 | 941,213.00 |