---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-012973"
form_type: "8-K"
ticker: "WKSP"
cik: "0001096275"
company_name: "Worksport Ltd"
filed_at: "2026-03-26T23:59:59+00:00"
generated_at: "2026-05-15T08:47:01.184757+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Worksport FY 2025 rev $16.1M (+90% YoY); guides 2026 rev $35M-$42M, targets cash flow positive H2 2026

## Summary
- Net sales $16.1M (89.8% YoY increase); gross margin expanded to 28% from 11%.
- Net loss $19.4M ($3.16 per share) vs $16.2M loss ($5.84 per share) in 2024.
- FY 2026 revenue guidance $35M-$42M; gross margin target 35%; dealer network targeted at 1,500 locations.
- Expects initial operational cash-flow positivity in second half of 2026.
- New-generation hard tonneau cover with patented capabilities to launch early Q2 2026.

## SEC filing metadata
- accession: 0001493152-26-012973
- form_type: 8-K
- ticker: WKSP
- cik: 0001096275
- company_name: Worksport Ltd
- filed_at: 2026-03-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1096275/000149315226012973/0001493152-26-012973-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1096275/000149315226012973/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-012973
- JSON: https://secwatch.observer/filing/0001493152-26-012973.json
- Plain text: https://secwatch.observer/filing/0001493152-26-012973.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.