---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-023335"
form_type: "8-K"
ticker: "WKSP"
cik: "0001096275"
company_name: "Worksport Ltd"
filed_at: "2025-08-13T23:59:59+00:00"
generated_at: "2026-05-17T13:51:05.901520+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Worksport Q2: revenue $4.1M (+114% YoY), gross margin 26.4%, operating loss improves 15% QoQ

## Summary
- Net sales $4.1M, up 114% YoY and 83% sequential; gross profit $1.08M (+173% YoY).
- Operating loss $(3.62)M, improved 15% QoQ; net loss $(3.73)M, narrowed ~16%.
- Operating cash use improved 19% to $(3.10)M; liquidity ~$6.1M.
- Reaffirms FY2025 revenue target ≥$20M; targets 30%+ gross margin by year-end.
- Added 450+ dealer accounts YTD; production ramping to 200 units/day by late Q3.

## SEC filing metadata
- accession: 0001641172-25-023335
- form_type: 8-K
- ticker: WKSP
- cik: 0001096275
- company_name: Worksport Ltd
- filed_at: 2025-08-13T23:59:59+00:00
- event_type: earnings
- 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/1096275/000164117225023335/0001641172-25-023335-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1096275/000164117225023335/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-023335
- JSON: https://secwatch.observer/filing/0001641172-25-023335.json
- Plain text: https://secwatch.observer/filing/0001641172-25-023335.txt

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