Worksport (WKSP) Research & Development (2014 - 2026)
Worksport (WKSP) posted quarterly Research & Development of $205333.0 for Q1 2026, down 44.44% YoY from $369601.0 in Q1 2025, and down 63.55% sequentially from $563394.0 in Q4 2025.
Worksport (WKSP) Research & Development (2014 - 2026) Analysis & Trends
Worksport has disclosed Research & Development across 5 years of filings, most recently posting $205333.0 for Q1 2026.
- In Q1 2026, Research & Development fell 44.44% year-over-year to $205333.0; the TTM figure through Mar 2026 stood at $1.4 million (down 39.97% YoY), while the FY2025 annual figure was $1.5 million, down 32.8% from the prior year.
- Research & Development eased to $205333.0 in Q1 2026, from $563394.0 in the prior quarter.
- Over the last five years, Research & Development for WKSP reached as high as $1.0 million in Q2 2024 and fell as low as $205333.0 in Q1 2026.
- The 3-year median for Research & Development is $381000.0 (2024), against an average of $449510.6.
- The widest YoY moves for Research & Development: up 17.86% in 2025, down 70.85% in 2025.
- A 3-year view of Research & Development shows it stood at $478029.0 in 2024, then advanced by 17.86% to $563394.0 in 2025, then slumped by 63.55% to $205333.0 in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $205333.0, $563394.0, and $301095.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | - |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | - |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | - |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | - |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | 195.00 Mn |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | - |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | - |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 120.00 Mn |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | - |
| 10 | Worksport | 9.92 Mn | 9.35 Mn | 853,946.00 | 205,333.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 205,333.00 |
| Dec 31, 2025 | 563,394.00 |
| Sep 30, 2025 | 301,095.00 |
| Jun 30, 2025 | 304,833.00 |
| Mar 31, 2025 | 369,601.00 |
| Dec 31, 2024 | 478,029.00 |
| Sep 30, 2024 | 396,446.00 |
| Jun 30, 2024 | 1.05 Mn |
| Mar 31, 2024 | 381,000.00 |
| Dec 31, 2015 | 14,123.00 |
| Sep 30, 2015 | 33,013.00 |
| Jun 30, 2015 | 212.00 |
| Sep 30, 2014 | 4,738.00 |
| Jun 30, 2014 | 4,738.00 |