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% quarter-over-quarter from $563394.0 in Q4 2025.
Worksport (WKSP) Research & Development (2014 - 2026) Analysis & Trends
Worksport (WKSP) has 5 years of Research & Development data on file, last reported at $205333.0 in Q1 2026.
- Research & Development for Q1 2026 came in at $205333.0, down 44.44% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.4 million (down 39.97% YoY), and the FY2025 annual result was $1.5 million, down 32.8% from the prior year.
- Research & Development retreated to $205333.0 in Q1 2026 per WKSP's latest filing, from $563394.0 in the prior quarter.
- Over five years, Research & Development peaked at $1.0 million in Q2 2024 and troughed at $205333.0 in Q1 2026.
- A 3-year average of $449510.6 and a median of $381000.0 in 2024 frame the typical range for Research & Development.
- On a YoY basis, Research & Development climbed as much as 17.86% in 2025 and fell as far as 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 plunged by 63.55% to $205333.0 in 2026.
- Business Quant data shows WKSP's Research & Development at $205333.0 in Q1 2026, $563394.0 in Q4 2025, and $301095.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | - |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | - |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | - |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | - |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | - |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | - |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | 195.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | - |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 54.00 Mn |
| 10 | Worksport | 6.27 Mn | 5.71 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 |