secwatch.observer — SEC 8-K summary
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Issuer:     Worksport Ltd (WKSP)
CIK:        0001096275
Form:       8-K
Filed at:   2025-10-16T23:59:59+00:00
Accession:  0001493152-25-018282
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Worksport Q3 revenue record $5.0M (+62% YoY); gross margin expands to 31% from 7.9%
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- Revenue of $5.015M, up 62% YoY from $3.10M and 22% QoQ from $4.10M.
- Gross margin of 31.0% vs 7.9% in Q3 2024, a 2,300 bps improvement; gross profit $1.60M.
- Production of 8,600 units in Q3 2025, doubling from Q1 2025 and up from 6,000 in Q2.
- Results precede commercial launches of SOLIS solar cover, COR energy system, and Terravis heat pumps.
- Company expects to file Form 10-Q on November 13, 2025; no EPS or net income provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1096275/000149315225018282/0001493152-25-018282-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1096275/000149315225018282/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-018282

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