Worksport (WKSP) Interest Expenses (2014 - 2026)
Worksport (WKSP) posted quarterly Interest Expenses of $92383.0 for Q1 2026, down 52.73% year-over-year from $195438.0 in Q1 2025, and down 68.34% quarter-over-quarter from $291755.0 in Q4 2025.
Worksport (WKSP) Interest Expenses (2014 - 2026) Analysis & Trends
Worksport (WKSP) has reported Interest Expenses for 13 consecutive years, with $92383.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses fell 52.73% year-over-year to $92383.0; the TTM figure through Mar 2026 stood at $718463.0 (up 51.83% YoY), while the FY2025 annual figure was $593000.0, down 95.07% from the prior year.
- Interest Expenses declined to $92383.0 in Q1 2026 per WKSP's latest filing, from $291755.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $1.8 million in Q2 2022 and bottomed at $48946.0 in Q4 2023.
- Historically, Interest Expenses has averaged $381217.7 across 5 years, with a median of $210730.0 in 2022.
- Annual changes were most pronounced in 2022 — Interest Expenses surged 1827.75% — and 2023, when it slumped 85.4%.
- Worksport's Interest Expenses stood at $210730.0 in 2022, then plunged by 76.77% to $48946.0 in 2023, then soared by 73.29% to $84820.0 in 2024, then jumped by 243.97% to $291755.0 in 2025, then plunged by 68.34% to $92383.0 in 2026.
- Business Quant data shows WKSP's Interest Expenses at $92383.0 in Q1 2026, $291755.0 in Q4 2025, and $138887.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.55 Bn | 73.29 Bn | 2.52 Bn | 69.87 Mn |
| 2 | Autozone | 48.72 Bn | 48.46 Bn | 2.52 Bn | 25.28 Mn |
| 3 | Magna International | 20.02 Bn | 18.59 Bn | 1.61 Bn | - |
| 4 | Genuine Parts | 18.44 Bn | 17.88 Bn | 2.47 Bn | - |
| 5 | Borgwarner | 13.74 Bn | 11.29 Bn | 721.00 Mn | - |
| 6 | Allison Transmission Holdings | 11.11 Bn | 10.71 Bn | 515.00 Mn | - |
| 7 | Modine Manufacturing | 10.43 Bn | 10.36 Bn | - | - |
| 8 | Aptiv | 10.21 Bn | 9.45 Bn | 775.00 Mn | 62.00 Mn |
| 9 | Autoliv | 9.27 Bn | 8.90 Bn | 509.00 Mn | 26.00 Mn |
| 10 | Worksport | 7.00 Mn | 5.71 Mn | 1.65 Mn | 146,837.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 245,799.00 |
| Jun 30, 2026 | 245,799.00 |
| Mar 31, 2026 | 92,383.00 |
| Mar 31, 2026 | 92,383.00 |
| Dec 31, 2025 | 291,755.00 |
| Dec 31, 2025 | 291,755.00 |
| Sep 30, 2025 | 138,887.00 |
| Sep 30, 2025 | 138,887.00 |
| Jun 30, 2025 | 866,000.00 |
| Jun 30, 2025 | 866,000.00 |
| Mar 31, 2025 | 195,438.00 |
| Mar 31, 2025 | 195,438.00 |
| Dec 31, 2024 | 84,820.00 |
| Dec 31, 2024 | 84,820.00 |
| Sep 30, 2024 | 757,610.00 |
| Sep 30, 2024 | 757,610.00 |
| Jun 30, 2024 | 833,900.00 |
| Jun 30, 2024 | 833,900.00 |
| Mar 31, 2024 | 144,000.00 |
| Mar 31, 2024 | 144,000.00 |