Worksport Ltd(WKSP)Stock Analysis
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Quality rankings require at least $50M annual revenue or $250M total assets to filter out micro-caps and shell companies. This company reported $16.1M in revenue.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
WKSP Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Worksport Ltd (WKSP), a Industrials sector company. WKSP is not currently included in 13F Pro's AI-ranked quality universe — quality rankings require at least $50m annual revenue or $250m total assets to filter out micro-caps and shell companies. this company reported $16.1m in revenue. Based on the latest XBRL financial filings (Q1 2026), Worksport Ltd reports quarterly revenue of $3.3M, net income of $-5.8M, free cash flow of $-8.3M. Top institutional holders of WKSP by reported 13-F value include ARMISTICE CAPITAL,, VANGUARD CAPITAL MANAGEMENT, GEODE CAPITAL MANAGEMENT,, based on the most recent SEC filings. WKSP trades on the Nasdaq exchange and files with the SEC under CIK 1096275. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate WKSP daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Worksport Ltd directly from SEC EDGAR.
Revenue
Q1 2026
$3.3M
Net Income
Q1 2026
$-5.8M
Free Cash Flow
Q1 2026
$-8.3M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+89.8% YoYNet Income
Operating Income
-21.6% YoYEPS (Diluted)
+45.9% YoYTotal Assets
+19.3% YoYTotal Debt
-20.5% YoYOp. Cash Flow
-70.8% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $16.1M +89.8% | $8.5M +454.7% | $1.5M +1213.0% | $116.5K -61.6% | $303.8K -84.2% | $1.9M |
| Net Income | — | $-3.7M +75.1% | $-14.9M -19.1% | $-12.5M -58.7% | $-7.9M -2099.5% | $-359.0K |
| Operating Income | $-18.8M -21.6% | $-15.5M -4.9% | $-14.7M -15.4% | $-12.8M -68.9% | $-7.6M -1305.9% | $-537.9K |
| EPS (Diluted) | $-3.16 +45.9% | $-5.84 +17.0% | $-7.03 -1056.2% | $-0.61 -204.1% | $-0.20 | — |
| Total Assets | $30.7M +19.3% | $25.7M -0.8% | $26.0M -20.8% | $32.8M -9.7% | $36.3M +7440.7% | $481.3K |
| Total Debt | $4.4M -20.5% | $5.5M -48.2% | $10.6M | — | — | $307.1K |
| Operating Cash Flow | $-17.3M -70.8% | $-10.1M +15.0% | $-11.9M -49.5% | $-8.0M -89.5% | $-4.2M -195107.4% | $-2.2K |
AI Insight: WKSP Financial Trends
Revenue stalled near $5M while operating losses deepened to $6M in Q1 2026, with operating cash flow deteriorating to negative $8M.
• Revenue grew from $2M in Q2 2024 to peak of $5M in Q3 2025 and Q4 2025, then declined to $3M in Q1 2026.
• Operating losses consistently negative throughout; worsened from $4M in Q2 2024 to $6M in Q4 2025 and Q1 2026.
• Operating cash flow deteriorated from negative $2M in Q3 2024 to negative $8M in Q1 2026, latest quarter worst on record.
⚠ Total debt increased to $6M in Q1 2026 while equity fell to $20M; leverage rising as losses mount.
⚠ Net losses remain at $4M–$6M per quarter with no clear path to profitability across 8-quarter span.
AI Insight: WKSP Ratio Trends
Worksport has deteriorated sharply across all profitability and return metrics, with operating margin collapsing to -173.4% in Q1 2026 and ROIC worsening to -88.5%.
• Operating margin declined from -88.1% in Q2 2025 to -173.4% in Q1 2026, a 85.3pp deterioration in nine months.
• ROIC fell from -72.2% in Q2 2025 to -88.5% in Q1 2026; TTM ROIC stands at -78.2%, consistently negative.
• ROA dropped to -83.6% in Q1 2026 from -63.3% in Q2 2025, signaling severe asset inefficiency.
⚠ Net profit margin fell to -175.9% in Q1 2026 from -91.0% in Q2 2025; company is burning cash at accelerating pace.
⚠ Debt-to-equity ratio rose to 0.30 in Q1 2026 from 0.16 in Q2 2025; leverage increasing amid negative profitability.
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Available Research
13F Pro tracks comprehensive data for Worksport Ltd including:
Top Institutional Holders of WKSP
ARMISTICE CAPITAL, LLC
$262.7K250,195 shVANGUARD CAPITAL MANAGEMENT LLC
$149.8K142,690 shGEODE CAPITAL MANAGEMENT, LLC
$134.7K128,257 shSteward Partners Investment Advisory, LLC
$130.4K124,200 shCITADEL ADVISORS LLC
$92.8K88,394 shLPL Financial LLC
$83.0K79,069 shVANGUARD FIDUCIARY TRUST CO
$41.6K39,609 shNORTHERN TRUST CORP
$20.6K19,617 shSTATE STREET CORP
$17.0K16,171 shCornerstone Wealth Management, LLC
$15.8K15,025 sh
| Fund | Value | Shares |
|---|---|---|
| ARMISTICE CAPITAL, LLC | $262.7K | 250,195 |
| VANGUARD CAPITAL MANAGEMENT LLC | $149.8K | 142,690 |
| GEODE CAPITAL MANAGEMENT, LLC | $134.7K | 128,257 |
| Steward Partners Investment Advisory, LLC | $130.4K | 124,200 |
| CITADEL ADVISORS LLC | $92.8K | 88,394 |
| LPL Financial LLC | $83.0K | 79,069 |
| VANGUARD FIDUCIARY TRUST CO | $41.6K | 39,609 |
| NORTHERN TRUST CORP | $20.6K | 19,617 |
| STATE STREET CORP | $17.0K | 16,171 |
| Cornerstone Wealth Management, LLC | $15.8K | 15,025 |
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Popular Research
Is WKSP a good stock to buy?
13F Pro's AI-powered analysis of Worksport Ltd (WKSP) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for WKSP are available on the WKSP stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own WKSP?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling WKSP. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Worksport Ltd's investment landscape.