Worksport Ltd. (WKSP) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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WKSP Revenue Growth
Revenue Breakdown
WKSP's revenue distribution by segment and geography
By Geography
WKSP Revenue Analysis (2013–2024)
As of May 8, 2026, Worksport Ltd. (WKSP) generated trailing twelve-month (TTM) revenue of $12.4 million, reflecting explosive growth of +113.6% year-over-year. The most recent quarter (Q2 2025) recorded $4.1 million in revenue, up 83.3% sequentially.
Looking at the longer-term picture, WKSP's 5-year compound annual growth rate (CAGR) stands at +34.5%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $8.5 million in 2024, representing a new all-time high.
When 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 terms of 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 | $12M | +113.6% | +34.5% | -182.3% | |
 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 (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 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% |
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Start ComparisonWKSP — Frequently Asked Questions
Quick answers to the most common questions about buying WKSP stock.
Is WKSP's revenue growth accelerating or slowing?
WKSP revenue is accelerating at +113.6% year-over-year, exceeding the 5-year CAGR of +34.5%. TTM revenue reached $12M. Growth momentum has increased versus prior periods.
What is WKSP's long-term revenue growth rate?
Worksport Ltd.'s 5-year revenue CAGR of +34.5% reflects the sustained expansion pattern. Current YoY growth of +113.6% is above this long-term average.
How is WKSP's revenue distributed by segment?
WKSP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.