Worksport Ltd 8K

Worksport Ltd. reported strong preliminary April–June 2026 results with net sales up 46% and gross profit up 132%, driving gross margin above 35% and moving the company closer to cash-flow breakeven.

On July 22, 2026, Worksport Ltd. announced preliminary, unaudited monthly financial results for April through June 2026, highlighting that net sales rose approximately 46% (from about $1.43 million to $2.08 million) while gross profit increased approximately 132% (from about $310,000 to $720,000), resulting in a sustained gross margin run rate above 35% versus 26% in Q1 2026, with management emphasizing that this margin expansion and gross profit leverage are moving the company materially closer to operational cash-flow breakeven and near-term profitability, although the figures remain subject to final quarter-end procedures and potential adjustments.

Filing Facts

CIK

1096275

Ticker

-

Form

8K

Source Type

sec

Accession

0001493152-26-034179

Alert Tier

6