Worksport (WKSP) Cost of Revenue (2014 - 2026)
Worksport (WKSP) posted quarterly Cost of Revenue of $2.5 million for Q1 2026, up 33.36% year-over-year from $1.8 million in Q1 2025, and down 25.83% quarter-over-quarter from $3.3 million in Q4 2025.
Worksport (WKSP) Cost of Revenue (2014 - 2026) Analysis & Trends
Worksport (WKSP) has reported Cost of Revenue for 13 consecutive years, with $2.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 33.36% year-over-year to $2.5 million; the TTM figure through Mar 2026 stood at $12.2 million (up 36.82% YoY), while the FY2025 annual figure was $11.6 million, up 53.41% from the prior year.
- Cost of Revenue declined to $2.5 million in Q1 2026 per WKSP's latest filing, from $3.3 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $3.4 million in Q3 2025 and bottomed at -$1599.0 in Q4 2022.
- Historically, Cost of Revenue has averaged $1.4 million across 5 years, with a median of $747277.0 in 2023.
- Annual changes were most pronounced in 2022 — Cost of Revenue plunged 102.24% — and 2023, when it soared 46834.02%.
- Worksport's Cost of Revenue stood at -$1599.0 in 2022, then jumped by 46834.02% to $747277.0 in 2023, then soared by 248.39% to $2.6 million in 2024, then rose by 27.34% to $3.3 million in 2025, then slipped by 25.83% to $2.5 million in 2026.
- Business Quant data shows WKSP's Cost of Revenue at $2.5 million in Q1 2026, $3.3 million in Q4 2025, and $3.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | 2.38 Bn |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | 2.32 Bn |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | 9.37 Bn |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | 4.07 Bn |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | 2.93 Bn |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 1.05 Bn |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | 2.50 Bn |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 2.29 Bn |
| 10 | Worksport | 7.23 Mn | 5.95 Mn | 1.65 Mn | 3.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.58 Mn |
| Jun 30, 2026 | 3.58 Mn |
| Mar 31, 2026 | 2.46 Mn |
| Mar 31, 2026 | 2.46 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 | 3.02 Mn |
| Jun 30, 2025 | 3.02 Mn |
| Mar 31, 2025 | 1.84 Mn |
| Mar 31, 2025 | 1.84 Mn |
| Dec 31, 2024 | 2.60 Mn |
| Dec 31, 2024 | 2.60 Mn |
| Sep 30, 2024 | 2.88 Mn |
| Sep 30, 2024 | 2.88 Mn |
| Jun 30, 2024 | 1.62 Mn |
| Jun 30, 2024 | 1.62 Mn |
| Mar 31, 2024 | 475,181.00 |
| Mar 31, 2024 | 475,181.00 |