---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-017939"
form_type: "8-K"
ticker: "WKSP"
cik: "0001096275"
company_name: "Worksport Ltd"
filed_at: "2025-07-07T23:59:59+00:00"
generated_at: "2026-05-18T09:14:54.553042+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Worksport reports record production, 100%+ gross margin growth, revenue on track for $20M in 2025

## Summary
- May 2025 monthly production record exceeded entire Q3 2024; production up 50% since March 2025.
- Gross margin improved from 11% (Q4 2024) to over 23% (May 2025); on track to exceed 30% by year-end.
- Dealer network expanded from 94 to over 550 dealers; orders consistently outpacing supply.
- Revenue expected to exceed $20M in 2025, up from $8.5M in 2024; tonneau cover business target $100M annually.
- SOLIS solar tonneau cover and COR nano-grid to launch Fall 2025; top 15 U.S. construction company selected for paid pilot.

## SEC filing metadata
- accession: 0001641172-25-017939
- form_type: 8-K
- ticker: WKSP
- cik: 0001096275
- company_name: Worksport Ltd
- filed_at: 2025-07-07T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1096275/000164117225017939/0001641172-25-017939-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1096275/000164117225017939/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-017939
- JSON: https://secwatch.observer/filing/0001641172-25-017939.json
- Plain text: https://secwatch.observer/filing/0001641172-25-017939.txt

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