---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-022772"
form_type: "8-K"
ticker: "WKSP"
cik: "0001096275"
company_name: "Worksport Ltd"
filed_at: "2026-05-13T20:57:25+00:00"
generated_at: "2026-05-13T21:01:17.220549+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Worksport Q1 net sales up 48% YoY to $3.3M; gross margin improves to 26%

## Summary
- Net sales $3.31M (+47.9% YoY); gross profit $854K (+115.5%); gross margin 26% vs 18% YoY.
- B2C sales $1.8M (~1,700 covers); B2B $1.5M (~2,300 covers); 99% from hard tonneau covers.
- Inventory $11.6M for product readiness; working capital $6.6M at March 31, 2026.
- Company targets cash-flow positive operations within 2026; no AetherLux revenue projected for 2026.
- Distribution partnership with Tri-State added; NEXUS launched, SOLIS and COR shipping.

## SEC filing metadata
- accession: 0001493152-26-022772
- form_type: 8-K
- ticker: WKSP
- cik: 0001096275
- company_name: Worksport Ltd
- filed_at: 2026-05-13T20:57:25+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1096275/000149315226022772/0001493152-26-022772-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1096275/000149315226022772/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-022772
- JSON: https://secwatch.observer/filing/0001493152-26-022772.json
- Plain text: https://secwatch.observer/filing/0001493152-26-022772.txt

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