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% on a QoQ basis from $7.6 million in Q4 2025.
Worksport (WKSP) has 17 years of Operating Expenses data on file, last reported at $6.6 million in Q1 2026.
- Quarterly Operating Expenses rose 41.82% year-over-year to $6.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $25.2 million (up 45.37% YoY) and the FY2025 annual result came in at $23.3 million, up 42.25% from the prior year.
- Operating Expenses retreated to $6.6 million in Q1 2026 per WKSP's latest filing, from $7.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $7.6 million in Q4 2025 and bottomed at $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.
- The widest annual swing landed in 2022, when Operating Expenses soared 288.92%; it then retreated 3.32% in 2023.
- Tracing WKSP's Operating Expenses over 5 years: stood at $3.8 million in 2022, then dropped by 3.32% to $3.6 million in 2023, then increased by 19.07% to $4.3 million in 2024, then jumped by 74.35% to $7.6 million in 2025, then dropped by 12.7% to $6.6 million in 2026.
- Per Business Quant, the three latest WKSP Operating Expenses figures stand at $6.6 million (Q1 2026), $7.6 million (Q4 2025), and $6.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 77.46 Bn | 77.21 Bn | 2.35 Bn | 1.51 Bn |
| 2 | Autozone | 56.88 Bn | 56.59 Bn | 2.24 Bn | 330.65 Mn |
| 3 | Genuine Parts | 13.45 Bn | 12.97 Bn | 2.34 Bn | 2.05 Bn |
| 4 | Modine Manufacturing | 13.16 Bn | 13.07 Bn | 186.10 Mn | 93.00 Mn |
| 5 | Borgwarner | 13.07 Bn | 13.23 Bn | 677.00 Mn | 346.00 Mn |
| 6 | Aptiv | 11.89 Bn | 8.82 Bn | 920.00 Mn | 4.71 Bn |
| 7 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 557.00 Mn |
| 8 | Allison Transmission Holdings | 9.02 Bn | 8.71 Bn | 406.00 Mn | 211.00 Mn |
| 9 | Autoliv | 9.01 Bn | 8.66 Bn | 526.00 Mn | 281.00 Mn |
| 10 | Worksport | 9.81 Mn | 9.24 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 |
| Mar 31, 2021 | 949,255.00 |
| Dec 31, 2020 | 361,450.00 |
| Sep 30, 2020 | 392,970.00 |
| Jun 30, 2020 | 140,496.00 |
| Mar 31, 2020 | 138,471.00 |
| Dec 31, 2019 | 241,769.00 |
| Sep 30, 2019 | 173,664.00 |
| Jun 30, 2019 | 134,321.00 |
| Mar 31, 2019 | 226,644.00 |
| Dec 31, 2018 | 562,406.00 |
| Sep 30, 2018 | 245,974.00 |
| Jun 30, 2018 | 309,405.00 |
| Mar 31, 2018 | 189,956.00 |
| Dec 31, 2017 | 325,466.00 |
| Sep 30, 2017 | 112,890.00 |
| Jun 30, 2017 | 68,612.00 |
| Mar 31, 2017 | 1.45 Mn |
| Dec 31, 2016 | 116,771.00 |
| Sep 30, 2016 | 80,606.00 |
| Jun 30, 2016 | 107,693.00 |
| Mar 31, 2016 | 84,214.00 |
| Dec 31, 2015 | 1.44 Mn |
| Sep 30, 2015 | 1.24 Mn |
| Jun 30, 2015 | 816,364.00 |
| Mar 31, 2015 | 40,866.00 |
| Sep 30, 2014 | 44,817.00 |
| Jun 30, 2014 | 83,456.00 |
| Mar 31, 2014 | 41,868.00 |
| Dec 31, 2013 | 6,904.00 |
| Sep 30, 2013 | 156.00 |
| Jun 30, 2013 | 4,775.00 |
| Mar 31, 2013 | 2,478.00 |
| Dec 31, 2012 | 6,779.00 |
| Jun 30, 2012 | 3,841.00 |
| Mar 31, 2012 | 3,370.00 |
| Dec 31, 2011 | 11,731.00 |
| Sep 30, 2011 | 2,602.00 |
| Jun 30, 2011 | 1,733.00 |
| Mar 31, 2011 | 1,998.00 |
| Sep 30, 2010 | 1,961.00 |