Worksport Ltd Stock Price, News & Analysis

Worksport (NASDAQ: WKSP) will exhibit at the 2025 SEMA Show in Las Vegas (November 4–7) to showcase its SOLIS Solar Tonneau and COR Portable Energy System, both entered in SEMA’s “New Product” category.

The company will display additional tonneau covers (HD3, AL4, SC4), meet distributors, regional jobbers and OEMs including Toyota, General Motors, and Ford, and highlight products made in its U.S. facility. SOLIS and COR completed third-party validation and are slated to begin sales on November 28, 2025, forming a modular mobile nano-grid for truck owners and off-grid power users.

Worksport (NASDAQ: WKSP) placed an initial purchase order exceeding $1 million for COR portable battery systems, signaling a move toward commercial scale for its clean‑tech product line. The opening order covers 900 COR units (each with one inverter and one battery) plus 600 additional batteries. Worksport said the supplier is a global Tier‑1 battery manufacturer with >3,000 employees and capacity to ramp production.

Worksport confirmed a joint SOLIS & COR launch on November 28, 2025 and projected an initial rollout revenue of $2.45 million. Management cited a recent 31% gross margin quarter and record production levels as drivers for planned revenue acceleration through 2026.

Worksport (NASDAQ: WKSP) announced that its SOLIS solar tonneau cover and COR portable energy storage system will be available for order on November 28, 2025, with select customers invited to pre-launch orders.

Pricing starts at $1,999 for SOLIS and $949 for the COR Starter Kit (inverter + battery); additional batteries can be purchased separately. Initial rollout targets 1,000 COR units, 900 1kWh battery packs and a limited number of SOLIS covers, representing an initial revenue opportunity of approximately $2.45 million. Worksport cited prior tonneau revenue growth from $1.5M (2023) to $8.5M (2024) and an expected $24M 2025 run rate, projecting continued scale in 2026 and beyond.

Worksport (NASDAQ: WKSP) announced that its new HD3 Heavy-Duty tonneau cover has entered production on Oct 23, 2025. The HD3 is a hard-folding truck bed cover built for commercial and fleet use with upgraded materials, reinforced seals, and heavy-duty latches as an evolution of the AL3 platform.

Initial distribution will be through existing distributors, dealers, and strategic retailers with initial shipments expected mid-November 2025. Six HD3 models are already in production; the company expects a rolling schedule toward 25+ applications by December 2025.

Worksport (NASDAQ: WKSP) reported record unaudited Q3 2025 results with accelerating U.S. manufacturing scale ahead of three clean-energy product launches: SOLIS, COR, and Aetherlux by Terravis.

Key metrics: Revenue $5.015M (+62% YoY, +22% QoQ), Gross margin 31.0% (up ~2,300 bps YoY), Gross profit $1.60M, and Production 8,600 units (doubling since Q1). These mark the third consecutive record quarter and reflect operational leverage from domestic manufacturing. The company plans to file its Form 10-Q on November 13, 2025.

Worksport (NASDAQ: WKSP) completed a $10.0 million Regulation A offering on Oct 15, 2025, removing near-term capital uncertainty and funding near-term commercialization. The offering includes $4.50 warrants that become exercisable as the company’s valuation rises. Proceeds will fund Q4 2025 launches of the COR™ portable power system and SOLIS™ solar tonneau cover and expansion of production and dealer channels.

The company reported its fourth consecutive monthly sales record and gross margins of 31%, and says the new capital positions it to pursue cash-flow positivity in early 2026 while scaling U.S. manufacturing.

Worksport (NASDAQ: WKSP) announced that subsidiary Terravis Energy was selected for an NREL Technical Assistance Program (NTAP) project in Alaska to analyze the AetherLux Pro heat pump with ZeroFrost technology.

The NTAP will perform preliminary energy-savings and technology analyses for Fairbanks (extreme cold/dry) and Juneau (cold/humid), quantify household cost reductions using the Alaska Heat Pump Calculator, and outline a roadmap for joint field demonstrations. Terravis reports continuous performance below -56°F and cites a potential addressable market where 60% of North American homes still use fossil-fuel heating. The release also notes Worksport’s clean-tech portfolio and product launches planned for 2025.

Worksport (NASDAQ: WKSP), a U.S.-based advanced manufacturing and clean energy technology company, reported significant B2B growth with its active dealer network expanding 42% in one quarter to 266 dealers. The company's B2B revenue has grown at a 25% monthly geometric rate since early 2025, with August setting a new revenue record.

Gross margins have shown consistent improvement, rising from 11% in Q4 2024 to 31% in July 2025. The company is preparing to launch its HD3 Tonneau Cover and is developing an additional innovative model for Spring 2026. Additionally, Worksport confirmed the upcoming Q4 2025 launch of its SOLIS Solar Tonneau Cover and COR Portable Energy System, marking its entry into clean energy markets.

Worksport (NASDAQ: WKSP), a U.S. manufacturer of clean energy solutions for light trucks, reported significant progress across multiple business segments. The company is experiencing record Q3 performance with gross margins exceeding 30%, following an 83% sequential revenue increase in Q2 2025.

The company confirmed its SOLIS Solar Tonneau Cover and COR Portable Energy System are on track for commercial launch in late Q4 2025, projecting $2-3 million in potential revenue for 2025 and eight-figure growth in 2026. Additionally, Worksport is planning strategic distribution facility expansions in the Southeast and West Coast U.S.

Through its subsidiary Terravis Energy, Worksport is advancing the AetherLux ZeroFrost Heat Pump program, engaging with major corporations and government officials, with launch anticipated in mid-2026.