Worksport Ltd. (WKSP) Revenue History
Annual and quarterly revenue from 2002 to present
WKSP Revenue Over Time (2002–2025)
WKSP Revenue Growth History
9 of 13 years with positive growth- FY2002 revenue growth
- N/A
- FY2003 revenue growth
- N/A
- FY2004 revenue growth
- N/A
- FY2005 revenue growth
- N/A
- FY2006 revenue growth
- N/A
- FY2007 revenue growth
- N/A
- FY2008 revenue growth
- N/A
- FY2009 revenue growth
- N/A
- FY2010 revenue growth
- N/A
- FY2012 revenue growth
- N/A
- FY2013 revenue growth
- +67.1%
- FY2014 revenue growth
- +27.3%
- FY2015 revenue growth
- +9.9%
- FY2016 revenue growth
- -44.6%
- FY2017 revenue growth
- +13.2%
- FY2018 revenue growth
- +17.8%
- FY2019 revenue growth
- +300.1%
- FY2020 revenue growth
- -82.0%
- FY2021 revenue growth
- -12.2%
- FY2022 revenue growth
- -61.6%
- FY2023 revenue growth
- +1213.0%
- FY2024 revenue growth
- +454.7%
- FY2025 revenue growth
- +89.8%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $3.3M | +47.9% |
| Q4 2025 | $4.7M | +62.0% |
| Q3 2025 | $5.0M | +60.6% |
| Q2 2025 | $4.1M | +113.6% |
| Q1 2025 | $2.2M | +337.0% |
| Q4 2024 | $2.9M | +248.8% |
| Q3 2024 | $3.1M | +581.0% |
| Q2 2024 | $1.9M | +861.5% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown
WKSP's revenue distribution by segment and geography
By Geography
WKSP Revenue Analysis (2002–2025)
Current Revenue & Growth
As of June 22, 2026, Worksport Ltd. (WKSP) generated trailing twelve-month (TTM) revenue of $17.2 million, reflecting explosive growth of +47.9% year-over-year. The most recent quarter (Q1 2026) recorded $3.3 million in revenue, down 30.2% sequentially.
Historical Growth Trajectory
WKSP's 5-year compound annual growth rate (CAGR) stands at +115.5%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +417.0% exceeds the 5-year average, indicating an acceleration in the most recent period. Worksport Ltd.'s highest annual revenue of $16.1 million was recorded in 2025, an all-time high.
Peer Comparison
Compared to Consumer Cyclical sector peers — including ATXG (-18.5% YoY), TYGO (+74.3% YoY), and NXRT (-0.7% YoY) — WKSP has outperformed the peer group in revenue growth. Compare WKSP vs ATXG →
WKSP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| WKSPCurrent | $17M | +47.9% | +115.5% | -115.0% | |
 ATXG | $4M | -18.5% | -16.3% | -43.5% | |
 TYGO | $104M | +74.3% | +25.5% | -4.3% | |
 NXRT | $251M | -0.7% | +4.2% | 11.1% | |
 XPEL | $476M | +12.8% | +24.5% | 13.2% | |
 LKQ | $13.9B | -1.4% | +3.7% | 7.8% |
WKSP Historical Revenue Data (2002–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $16.1M | +89.8% | $4.5M | 27.8% | $-18,521,287 | -115.0% |
| 2024 | $8.5M | +454.7% | $906K | 10.7% | $-15,465,834 | -182.3% |
| 2023 | $1.5M | +1213.0% | $241K | 15.7% | $-14,736,661 | -963.4% |
| 2022 | $117K | -61.6% | $60K | 51.1% | $-12,773,715 | -10964.4% |
| 2021 | $304K | -12.2% | $-46,952 | -15.5% | $-7,561,731 | -2489.5% |
| 2020 | $346K | -82.0% | $47K | 13.6% | $-986,239 | -284.9% |
| 2019 | $1.9M | +300.1% | $239K | 12.4% | $-537,851 | -27.9% |
| 2018 | $482K | +17.8% | $97K | 20.1% | $-1,211,127 | -251.5% |
| 2017 | $409K | +13.2% | $177K | 43.3% | $-1,780,498 | -435.6% |
| 2016 | $361K | -44.6% | $27K | 7.5% | $-362,220 | -100.3% |
| 2015 | $652K | +9.9% | $119K | 18.3% | $-3,415,954 | -524.2% |
| 2014 | $593K | +27.3% | $158K | 26.6% | $-467,386 | -78.8% |
| 2013 | $466K | +67.1% | $447K | 95.9% | $-19,098 | -4.1% |
| 2012 | $279K | - | $119K | 42.7% | $-29,811 | -10.7% |
| 2010 | $0 | - | $-13,555 | - | $-13,555 | - |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
24+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
WKSP — Frequently Asked Questions
Quick answers to the most common questions about buying WKSP stock.
Is WKSP's revenue growth accelerating or slowing?
WKSP revenue growth is accelerating. TTM revenue reached $17M, up +47.9% year-over-year — ahead of the 5-year CAGR of +115.5%. This indicates the business is expanding faster than its historical baseline.
What is WKSP's revenue history from 2002 to 2026?
Worksport Ltd. (WKSP) revenue history spans 2002 to 2026. TTM revenue as of 2026 is $17M, growing at +47.9% YoY. The 5-year CAGR is +115.5%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is WKSP's long-term revenue growth rate (CAGR)?
Worksport Ltd.'s 5-year revenue CAGR of +115.5% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +47.9% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for WKSP.
Why does WKSP's quarterly revenue fluctuate?
WKSP quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Worksport Ltd.'s revenue data from 2002 to 2026 shows full historical quarterly detail on this page.
How is WKSP's revenue distributed by segment?
WKSP reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does WKSP's revenue compare to industry peers?
Worksport Ltd. (WKSP) with TTM revenue of $17M and +47.9% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.