Worksport (WKSP) Cost of Revenue (2014 - 2026)
Worksport's (WKSP) quarterly Cost of Revenue came in at $3.6 million in Q2 2026, up 18.42% year-over-year from $3.0 million in Q2 2025, and up 45.59% quarter-over-quarter from $2.5 million in Q1 2026.
Analysis
Worksport (WKSP) Cost of Revenue (2014 - 2026) Analysis & Trends
Worksport (WKSP) has reported Cost of Revenue for 13 consecutive years, with $3.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 18.42% year-over-year to $3.6 million in Q2 2026; TTM through Jun 2026 was $12.8 million, a 23.72% increase from a year earlier, with the FY2025 full-year figure at $11.6 million, up 53.41% from the prior year.
- Cost of Revenue was $3.6 million for Q2 2026 at Worksport, up from $2.5 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $3.6 million in Q2 2026 and troughed at -$1599.0 in Q4 2022.
- A 5-year average of $1.5 million and a median of $1.2 million in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue sank 102.24% in 2022 and surged 46834.02% in 2023, its largest moves.
- Over 5 years, Cost of Revenue stood at -$1599.0 in 2022, then surged by 46834.02% to $747277.0 in 2023, then jumped by 248.39% to $2.6 million in 2024, then grew by 27.34% to $3.3 million in 2025, then climbed by 7.98% to $3.6 million in 2026.
- The last three Cost of Revenue figures came in at $3.6 million (Q2 2026), $2.5 million (Q1 2026), and $3.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Magna International | 18.47 Bn | 17.04 Bn | 1.61 Bn | 9.37 Bn |
| 2 | Autoliv | 8.85 Bn | 8.47 Bn | 509.00 Mn | 2.29 Bn |
| 3 | Lear | 6.38 Bn | 5.38 Bn | 470.30 Mn | 5.74 Bn |
| 4 | Gentex | 4.73 Bn | 4.49 Bn | 241.00 Mn | 410.30 Mn |
| 5 | Dorman Products | 3.78 Bn | 3.65 Bn | 251.23 Mn | 293.37 Mn |
| 6 | Dauch | 1.65 Bn | 764.38 Mn | 338.20 Mn | 2.62 Bn |
| 7 | Adient | 1.44 Bn | 511.09 Mn | 235.00 Mn | 3.69 Bn |
| 8 | Xpel | 1.34 Bn | 1.30 Bn | 63.14 Mn | 79.91 Mn |
| 9 | Standard Motor Products | 870.49 Mn | 870.49 Mn | 164.62 Mn | 336.98 Mn |
| 10 | Worksport | 5.95 Mn | 4.67 Mn | 1.65 Mn | 3.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.58 Mn |
| Mar 31, 2026 | 2.46 Mn |
| Dec 31, 2025 | 3.32 Mn |
| Sep 30, 2025 | 3.45 Mn |
| Jun 30, 2025 | 3.02 Mn |
| Mar 31, 2025 | 1.84 Mn |
| Dec 31, 2024 | 2.60 Mn |
| Sep 30, 2024 | 2.88 Mn |
| Jun 30, 2024 | 1.62 Mn |
| Mar 31, 2024 | 475,181.00 |
| Dec 31, 2023 | 747,277.00 |
| Sep 30, 2023 | 368,796.00 |
| Jun 30, 2023 | 153,288.00 |
| Mar 31, 2023 | 19,757.00 |
| Dec 31, 2022 | -1,599.00 |
| Sep 30, 2022 | 12,602.00 |
| Jun 30, 2022 | 7,987.00 |
| Mar 31, 2022 | 37,977.00 |
| Dec 31, 2021 | 71,338.00 |
| Sep 30, 2021 | 81,810.00 |