Worksport WKSP
NASDAQ WKSP
$0.46 +0.00 (+0.00%)
At close: Oct 2, 2026 · 4:00 PM EDT

Worksport (WKSP) Depreciation and Depletion (2024 - 2026)

Updated

Worksport's Depreciation and Depletion was $323,306 in Q2 2026, down 6.9% from $347,443 a year earlier and down 2.0% from the prior quarter.

Analysis

Worksport (WKSP) Depreciation and Depletion (2024 - 2026) Analysis & Trends

On a trailing twelve-month basis, Worksport's Depreciation and Depletion was $1.41 million through Jun 30, 2026, down 3.0% year-over-year; for FY2025, it came in at $1.45 million, up 5.9% from FY2024.

  • Depreciation and Depletion has now increased for four consecutive years, with a five-year compound annual growth rate of 240.1% (FY2020 to FY2025).
  • In earlier years, Depreciation and Depletion was $1.37 million in FY2024 (+23.5%), $1.11 million in FY2023 (+128.7%), $484,073 in FY2022 (+650.5%) and $64,497 in FY2021.
  • The Q2 2026 figure marks the lowest quarterly Depreciation and Depletion since Q2 2024.
  • Compared with a year earlier, Depreciation and Depletion was higher in two of the last six quarters, with growth averaging 4.9%.
  • Per Business Quant data, WKSP's Depreciation and Depletion in the three quarters before Q2 2026 was $329,770 (Q1 2026), $378,327 (Q4 2025) and $374,195 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Dep. & Depletion (Qtr)
1 Tesla 1,199.60 Bn 1,034.16 Bn 4.75 Bn 1.37 Bn
2 Toyota Motor 237.87 Bn -168.87 Bn 20.95 Bn -
3 Ferrari 144.10 Bn 136.55 Bn 1.18 Bn 24.66 Mn
4 Honda Motor 142.11 Bn 9.49 Bn 8.46 Bn -
5 General Motors 68.70 Bn -36.17 Bn 7.33 Bn 1.30 Bn
6 Ford Motor 47.39 Bn -95.07 Bn 6.08 Bn 1.87 Bn
7 Rivian Automotive 19.48 Bn -3.81 Bn 179.00 Mn 227.00 Mn
8 Magna International 18.09 Bn 15.65 Bn 1.61 Bn -
9 Stellantis 12.78 Bn -153.22 Bn 5.55 Bn -
10 Worksport 5.45 Mn -5.98 Mn 1.65 Mn 323,306.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 323,306.00
Mar 31, 2026 329,770.00
Dec 31, 2025 378,327.00
Sep 30, 2025 374,195.00
Jun 30, 2025 347,443.00
Mar 31, 2025 348,507.00
Dec 31, 2024 349,457.00
Sep 30, 2024 403,267.00
Jun 30, 2024 232,199.00
Mar 31, 2024 382,520.00
API Access

Worksport Depreciation and Depletion API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=WKSP&period=max&api_key=YOUR_API_KEY