Worksport (WKSP) Net Income (2010 - 2026)
Worksport (WKSP) posted quarterly Net Income of -$5.8 million for Q1 2026, down 31.35% year-over-year from -$8.5 million in Q1 2025, and up 9.11% quarter-over-quarter from -$6.4 million in Q4 2025.
Worksport (WKSP) Net Income (2010 - 2026) Analysis & Trends
Worksport (WKSP) has reported Net Income for 17 consecutive years, with -$5.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income fell 31.35% year-over-year to -$5.8 million; the TTM figure through Mar 2026 stood at -$21.7 million (down 20.92% YoY), while the FY2025 annual figure was -$19.4 million, up 29.31% from the prior year.
- Net Income climbed to -$5.8 million in Q1 2026 per WKSP's latest filing, from -$6.4 million in the prior quarter.
- Across five years, Net Income topped out at -$2.9 million in Q1 2022 and bottomed at -$6.4 million in Q4 2025.
- Historically, Net Income has averaged -$4.3 million across 5 years, with a median of -$4.2 million in 2023.
- Annual changes were most pronounced in 2022 — Net Income sank 467.43% — and 2023, when it grew 22.78%.
- Worksport's Net Income stood at -$3.9 million in 2022, then rose by 8.64% to -$3.6 million in 2023, then retreated by 12.94% to -$4.1 million in 2024, then slumped by 58.14% to -$6.4 million in 2025, then rose by 9.11% to -$5.8 million in 2026.
- Business Quant data shows WKSP's Net Income at -$5.8 million in Q1 2026, -$6.4 million in Q4 2025, and -$4.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.55 Bn | 73.29 Bn | 2.52 Bn | 715.06 Mn |
| 2 | Autozone | 48.72 Bn | 48.46 Bn | 2.52 Bn | 641.49 Mn |
| 3 | Magna International | 20.02 Bn | 18.59 Bn | 1.61 Bn | 479.00 Mn |
| 4 | Genuine Parts | 18.44 Bn | 17.88 Bn | 2.47 Bn | 227.56 Mn |
| 5 | Borgwarner | 13.74 Bn | 11.29 Bn | 721.00 Mn | 291.00 Mn |
| 6 | Allison Transmission Holdings | 11.11 Bn | 10.71 Bn | 515.00 Mn | 181.00 Mn |
| 7 | Modine Manufacturing | 10.43 Bn | 10.36 Bn | - | - |
| 8 | Aptiv | 10.21 Bn | 9.45 Bn | 775.00 Mn | 264.00 Mn |
| 9 | Autoliv | 9.27 Bn | 8.90 Bn | 509.00 Mn | 101.00 Mn |
| 10 | Worksport | 7.00 Mn | 5.71 Mn | 1.65 Mn | -3.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -4.06 Mn |
| Mar 31, 2026 | -5.84 Mn |
| Dec 31, 2025 | -6.42 Mn |
| Sep 30, 2025 | -4.93 Mn |
| Jun 30, 2025 | -4.47 Mn |
| Mar 31, 2025 | -4.44 Mn |
| Dec 31, 2024 | -4.06 Mn |
| Sep 30, 2024 | -4.66 Mn |
| Jun 30, 2024 | -4.74 Mn |
| Mar 31, 2024 | -3.78 Mn |
| Dec 31, 2023 | -3.60 Mn |
| Sep 30, 2023 | -4.16 Mn |
| Jun 30, 2023 | -3.92 Mn |
| Mar 31, 2023 | -3.70 Mn |
| Dec 31, 2022 | -3.94 Mn |
| Sep 30, 2022 | -3.22 Mn |
| Jun 30, 2022 | -5.07 Mn |
| Mar 31, 2022 | -2.86 Mn |
| Dec 31, 2021 | -3.46 Mn |
| Sep 30, 2021 | -2.11 Mn |