Worksport (WKSP) Operating Expenses (2010 - 2026)
Worksport (WKSP) reported Operating Expenses of $6.6 million for Q1 2026, up 41.82% year-over-year from $4.7 million in Q1 2025, and down 12.7% quarter-over-quarter from $7.6 million in Q4 2025.
Worksport (WKSP) Operating Expenses (2010 - 2026) Analysis & Trends
Worksport (WKSP) has 17 years of Operating Expenses data on file, last reported at $6.6 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $6.6 million, up 41.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $25.2 million (up 45.37% YoY), and the FY2025 annual result was $23.3 million, up 42.25% from the prior year.
- Operating Expenses fell to $6.6 million in Q1 2026 per WKSP's latest filing, from $7.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $7.6 million in Q4 2025 and troughed at $2.8 million in Q1 2022.
- A 5-year average of $4.4 million and a median of $4.0 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 288.92% in 2022, then slipped 3.32% in 2023.
- 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.
- Business Quant data shows WKSP's Operating Expenses at $6.6 million in Q1 2026, $7.6 million in Q4 2025, and $6.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 1.51 Bn |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 341.91 Mn |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 93.00 Mn |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 346.00 Mn |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 2.05 Bn |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 4.71 Bn |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | 239.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 960.00 Mn |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 211.00 Mn |
| 10 | Worksport | 6.27 Mn | 5.71 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 |