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
DateValue
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