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| 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 |