Worksport reports Q2 2025 revenue of $4.1M, up 83% QoQ; gross margin rises to 26.0%

Worksport Ltd

2025-Q2 EPS reported -$1.71 vs consensus -$0.85 ▼ miss (-100.8%)

Unaudited Q2 2025 revenue of $4.1M, an 83% increase over Q1 2025 revenue of $2.24M.
Gross margin improved to 26.0% from 17.7% in Q1; June 2025 highest monthly margin yet; on track to exceed 30% by year-end.
SOLIS Solar Tonneau Cover and COR Portable Energy System on schedule for commercial launch in late 2025; beta testing in North America.
Full Q2 financial statements and earnings call expected mid-August; management previously guided $20M full-year revenue.

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