Worksport (WKSP) Operating Expenses (2010 - 2026)
Worksport (WKSP) posted quarterly Operating Expenses of $6.6 million for Q1 2026, up 41.82% YoY from $4.7 million in Q1 2025, and down 12.7% sequentially from $7.6 million in Q4 2025.
Worksport (WKSP) Operating Expenses (2010 - 2026) Analysis & Trends
Worksport has disclosed Operating Expenses across 17 years of filings, most recently posting $6.6 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 41.82% year-over-year to $6.6 million; the TTM figure through Mar 2026 stood at $25.2 million (up 45.37% YoY), while the FY2025 annual figure was $23.3 million, up 42.25% from the prior year.
- Operating Expenses slipped to $6.6 million in Q1 2026, from $7.6 million in the prior quarter.
- Over the last five years, Operating Expenses for WKSP reached as high as $7.6 million in Q4 2025 and fell as low as $2.8 million in Q1 2022.
- The 5-year median for Operating Expenses is $4.0 million (2023), against an average of $4.4 million.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 288.92% — and 2023, when it slipped 3.32%.
- A 5-year view of Operating Expenses shows it stood at $3.8 million in 2022, then fell by 3.32% to $3.6 million in 2023, then gained by 19.07% to $4.3 million in 2024, then soared by 74.35% to $7.6 million in 2025, then fell by 12.7% to $6.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $6.6 million, $7.6 million, and $6.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 825.00 Mn |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 341.91 Mn |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 960.00 Mn |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 2.05 Bn |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | 239.00 Mn |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 346.00 Mn |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 4.71 Bn |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 281.00 Mn |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 93.00 Mn |
| 10 | Worksport | 9.92 Mn | 9.35 Mn | 853,946.00 | 6.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.60 Mn |
| Dec 31, 2025 | 7.56 Mn |
| Sep 30, 2025 | 6.36 Mn |
| Jun 30, 2025 | 4.70 Mn |
| Mar 31, 2025 | 4.65 Mn |
| Dec 31, 2024 | 4.33 Mn |
| Sep 30, 2024 | 4.15 Mn |
| Jun 30, 2024 | 4.21 Mn |
| Mar 31, 2024 | 3.68 Mn |
| Dec 31, 2023 | 3.64 Mn |
| Sep 30, 2023 | 4.01 Mn |
| Jun 30, 2023 | 3.79 Mn |
| Mar 31, 2023 | 3.54 Mn |
| Dec 31, 2022 | 3.77 Mn |
| Sep 30, 2022 | 2.95 Mn |
| Jun 30, 2022 | 3.31 Mn |
| Mar 31, 2022 | 2.81 Mn |
| Dec 31, 2021 | 3.66 Mn |
| Sep 30, 2021 | 2.05 Mn |
| Jun 30, 2021 | 851,462.00 |