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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on SalesTimes Interest Earned

Worksport (WKSP) Gross Margin (2016 - 2025)

Worksport (WKSP) has disclosed Gross Margin for 12 consecutive years, with 31.29% as the latest value for Q3 2025.

  • On a quarterly basis, Gross Margin rose 2337.0% to 31.29% in Q3 2025 year-over-year; TTM through Sep 2025 was 23.6%, a 1307.0% increase, with the full-year FY2024 number at 10.67%, down 505.0% from a year prior.
  • Gross Margin was 31.29% for Q3 2025 at Worksport, up from 26.36% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 104.09% in Q4 2022 to a low of 687.2% in Q1 2021.
  • A 5-year average of 30.94% and a median of 19.56% in 2023 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: tumbled -72137bps in 2021, then surged 70773bps in 2022.
  • Worksport's Gross Margin stood at 333.59% in 2021, then surged by 131bps to 104.09% in 2022, then plummeted by -89bps to 10.97% in 2023, then rose by 1bps to 11.08% in 2024, then surged by 182bps to 31.29% in 2025.
  • Per Business Quant, the three most recent readings for WKSP's Gross Margin are 31.29% (Q3 2025), 26.36% (Q2 2025), and 17.69% (Q1 2025).