Worksport (WKSP) Research & Development (2014 - 2026)
Worksport (WKSP) reported Research & Development of $205333.0 for Q1 2026, down 44.44% year-over-year from $369601.0 in Q1 2025, and down 63.55% on a QoQ basis from $563394.0 in Q4 2025.
Worksport (WKSP) has 5 years of Research & Development data on file, last reported at $205333.0 in Q1 2026.
- Quarterly Research & Development fell 44.44% year-over-year to $205333.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.4 million (down 39.97% YoY) and the FY2025 annual result came in at $1.5 million, down 32.8% from the prior year.
- Research & Development slipped to $205333.0 in Q1 2026 per WKSP's latest filing, from $563394.0 in the prior quarter.
- Across five years, Research & Development topped out at $1.0 million in Q2 2024 and bottomed at $205333.0 in Q1 2026.
- The 3-year median for Research & Development is $381000.0 (2024), against an average of $449510.6.
- Peak annual rise in Research & Development reached 17.86% in 2025, while the deepest fall reached 70.85% in 2025.
- Tracing WKSP's Research & Development over 3 years: stood at $478029.0 in 2024, then rose by 17.86% to $563394.0 in 2025, then slumped by 63.55% to $205333.0 in 2026.
- Per Business Quant, the three latest WKSP Research & Development figures stand at $205333.0 (Q1 2026), $563394.0 (Q4 2025), and $301095.0 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 77.46 Bn | 77.21 Bn | 2.35 Bn | - |
| 2 | Autozone | 56.88 Bn | 56.59 Bn | 2.24 Bn | - |
| 3 | Genuine Parts | 13.45 Bn | 12.97 Bn | 2.34 Bn | - |
| 4 | Modine Manufacturing | 13.16 Bn | 13.07 Bn | 186.10 Mn | - |
| 5 | Borgwarner | 13.07 Bn | 13.23 Bn | 677.00 Mn | - |
| 6 | Aptiv | 11.89 Bn | 8.82 Bn | 920.00 Mn | - |
| 7 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | - |
| 8 | Allison Transmission Holdings | 9.02 Bn | 8.71 Bn | 406.00 Mn | 54.00 Mn |
| 9 | Autoliv | 9.01 Bn | 8.66 Bn | 526.00 Mn | 120.00 Mn |
| 10 | Worksport | 9.81 Mn | 9.24 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 |