Worksport Ltd — Income Charts
8 quarters of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Revenue, Gross Profit, Operating Income & Net Income
Margin (%)
Operating Expenses
Income Breakdown
Revenue↑+62.0% +$2M
$5M
Cost of Revenue↑+27.3% +$712K
$3M
Gross Profit↑+340.1% +$1M
$1M
R&D↑+17.9% +$85K
$563K
SG&A↑+96.7% +$3M
$7M
D&A↓-35.3% -$259K
$475K
Operating Income↓-22.7% -$888K
$-5M
EBITDA↓-35.3% -$259K
$475K
Interest Expense↓-45.4% -$108K
$130K
Interest Income
$3K
Other Income/Expense
—
Pretax Income
—
Tax Provision
—
Net Income↓-19.2% -$794K
$-5M
Gross Margin↑+19.0pts
30.1%
Operating Margin↑+29.5pts
-95.6%
Net Margin↑+34.1pts
-98.3%
Effective Tax Rate
—
ETR (Continuing Operations)↓-22.9pts
0.0%
ETR Federal Statutory
21.0%
ETR State + Local (pp)
-0.7%
Operating Lease Cost↓-52.6% -$41K
$37K
Revenue YoY Variation↓-76.1pts
62.0%
Income YoY Variation↓-23.1pts
-22.7%
Revenue QoQ Variation↑+0.8pts
-5.4%
Income QoQ Variation↓-32.6pts
-32.5%