Worksport Reports 46% Sales Rise and 132% Gross Profit Growth; June 2026 Best Month

Worksport reported net sales up ~46% and gross profit up ~132% from April to June, with June 2026 its strongest month.Key Highlights:Original SEC Filing: Worksport Ltd [ WKSP ] - 8-K - Jul. 22, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information…

Worksport reported net sales up ~46% and gross profit up ~132% from April to June, with June 2026 its strongest month.

Key Highlights:

June net sales approx. $2.08M, up ~46% from April and ~21% from May, showing accelerating revenue.
June gross profit approx. $720k, up ~132% from April and ~15% from May, indicating margin expansion.
Gross margin running rate now above 35%, versus 26% in Q1 2026, improving economics per sale.
Monthly gross profit rose ~$410k from April to June; company says trend moves it closer to cash-flow breakeven.

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.