Worksport (WKSP) Cost of Revenue (2014 - 2026)

Worksport (WKSP) posted quarterly Cost of Revenue of $2.2 million for Q1 2026, up 16.93% YoY from $1.8 million in Q1 2025, and down 34.97% sequentially from $3.3 million in Q4 2025.

Worksport (WKSP) Cost of Revenue (2014 - 2026) Analysis & Trends

Worksport has disclosed Cost of Revenue across 13 years of filings, most recently posting $2.2 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 16.93% year-over-year to $2.2 million; the TTM figure through Mar 2026 stood at $10.2 million (down 11.65% YoY), while the FY2025 annual figure was $11.6 million, up 53.41% from the prior year.
  • Cost of Revenue fell to $2.2 million in Q1 2026, from $3.3 million in the prior quarter.
  • Over the last five years, Cost of Revenue for WKSP reached as high as $6.4 million in Q4 2024 and fell as low as $66777.0 in Q1 2024.
  • The 5-year median for Cost of Revenue is $720488.0 (2022), against an average of $1.6 million.
  • Annual changes were most pronounced in 2024 — Cost of Revenue sank 87.73% — and 2025, when it jumped 2661.11%.
  • 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 slumped by 47.97% to $3.3 million in 2025, then sank by 34.97% to $2.2 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $2.2 million, $3.3 million, and $3.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn 1.10 Bn
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn 2.32 Bn
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn 8.96 Bn
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn 3.93 Bn
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn 6.00 Mn
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn 2.86 Bn
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 4.17 Bn
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 2.23 Bn
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn 618.90 Mn
10 Worksport 9.92 Mn 9.35 Mn 853,946.00 2.16 Mn

Historic Data

Download Data
DateValue
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