Worksport (WKSP) Profit After Tax (2010 - 2026)
Worksport (WKSP) posted quarterly Profit After Tax of -$5.8 million for Q1 2026, down 30.67% year-over-year from -$8.4 million in Q1 2025, and up 6.42% quarter-over-quarter from -$6.2 million in Q4 2025.
Worksport (WKSP) Profit After Tax (2010 - 2026) Analysis & Trends
Worksport (WKSP) has reported Profit After Tax for 17 consecutive years, with -$5.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Profit After Tax fell 30.67% year-over-year to -$5.8 million; the TTM figure through Mar 2026 stood at -$20.7 million (down 22.54% YoY), while the FY2025 annual figure was -$19.4 million, down 19.73% from the prior year.
- Profit After Tax improved to -$5.8 million in Q1 2026 per WKSP's latest filing, from -$6.2 million in the prior quarter.
- Across five years, Profit After Tax topped out at -$2.8 million in Q1 2022 and bottomed at -$6.2 million in Q4 2025.
- Historically, Profit After Tax has averaged -$4.0 million across 5 years, with a median of -$3.8 million in 2023.
- On a YoY basis, Profit After Tax climbed as much as 8.71% in 2022 and fell as far as 315.48% in 2022.
- Worksport's Profit After Tax stood at -$3.5 million in 2022, then decreased by 5.54% to -$3.7 million in 2023, then decreased by 17.54% to -$4.3 million in 2024, then plunged by 44.83% to -$6.2 million in 2025, then advanced by 6.42% to -$5.8 million in 2026.
- Business Quant data shows WKSP's Profit After Tax at -$5.8 million in Q1 2026, -$6.2 million in Q4 2025, and -$4.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (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 | 469.00 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 | 314.00 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 | -3.97 Mn |
| Mar 31, 2026 | -5.83 Mn |
| Dec 31, 2025 | -6.23 Mn |
| Sep 30, 2025 | -4.93 Mn |
| Jun 30, 2025 | -3.73 Mn |
| Mar 31, 2025 | -4.46 Mn |
| Dec 31, 2024 | -4.30 Mn |
| Sep 30, 2024 | -4.13 Mn |
| Jun 30, 2024 | -4.01 Mn |
| Mar 31, 2024 | -3.71 Mn |
| Dec 31, 2023 | -3.66 Mn |
| Sep 30, 2023 | -3.95 Mn |
| Jun 30, 2023 | -3.80 Mn |
| Mar 31, 2023 | -3.52 Mn |
| Dec 31, 2022 | -3.47 Mn |
| Sep 30, 2022 | -2.88 Mn |
| Jun 30, 2022 | -3.37 Mn |
| Mar 31, 2022 | -2.82 Mn |
| Dec 31, 2021 | -3.80 Mn |
| Sep 30, 2021 | -2.06 Mn |