Worksport (WKSP) Research & Development (2024 - 2026)
Worksport's Research & Development came in at $214,183 for Q2 2026, down 29.7% from $304,833 a year earlier but up 4.3% from the prior quarter.
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Analysis
Worksport (WKSP) Research & Development (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Worksport reported Research & Development of $1.28 million, down 17.1% year-over-year; for FY2025, it came in at $1.54 million, down 32.8% from FY2024.
- Going back by year, Research & Development was $2.29 million in FY2024 (+37.2%) and $1.67 million in FY2023.
- The five-year range for quarterly Research & Development is $205,333 (Q1 2026) to $1.05 million (Q2 2024).
- Year-over-year, Research & Development increased in 1 of the last six quarters, with an average decline of 25.7%.
- Business Quant data shows WKSP's Research & Development at $205,333 (Q1 2026), $563,394 (Q4 2025) and $301,095 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,142.14 Bn | 976.70 Bn | 4.75 Bn | 2.37 Bn |
| 2 | Toyota Motor | 240.48 Bn | -166.26 Bn | 20.95 Bn | - |
| 3 | Ferrari | 149.20 Bn | 141.65 Bn | 1.18 Bn | 252.82 Mn |
| 4 | Honda Motor | 145.55 Bn | 12.93 Bn | 8.46 Bn | -1.53 Bn |
| 5 | General Motors | 70.62 Bn | -34.25 Bn | 7.33 Bn | - |
| 6 | Ford Motor | 48.18 Bn | -94.29 Bn | 6.08 Bn | - |
| 7 | Rivian Automotive | 20.39 Bn | -2.90 Bn | 179.00 Mn | 466.00 Mn |
| 8 | Magna International | 18.08 Bn | 15.64 Bn | 1.61 Bn | - |
| 9 | Stellantis | 12.84 Bn | -153.16 Bn | 5.55 Bn | 1.52 Bn |
| 10 | Worksport | 5.34 Mn | -6.10 Mn | 1.65 Mn | 214,183.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 214,183.00 |
| 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 |
API Access
Worksport Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=WKSP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "WKSP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=WKSP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();