Worksport financials
$0.4506−1.40%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $16.1M | $8.5M | $1.5M | $116.5K | $303.8K |
| Gross profit | $4.5M | $905.6K | $240.5K | $59.5K | -$47.0K |
| Gross margin | 27.8% | 10.7% | 15.7% | 51.1% | −15.5% |
| Operating income | -$18.8M | -$15.5M | -$14.7M | -$12.8M | -$7.6M |
| Net income | -$19.4M | -$16.2M | -$14.9M | -$12.5M | -$7.9M |
| Net margin | −120.2% | −190.5% | −976.0% | −10759.0% | −2599.9% |
| Diluted EPS | $-3.16 | $-5.84 | $-8.44 | $-7.30 | $-6.90 |
| EBITDA | -$17.0M | -$13.7M | -$13.6M | -$12.3M | -$7.6M |
| Operating cash flow | -$17.3M | -$10.1M | -$11.9M | -$8.0M | -$4.2M |
| Free cash flow | -$18.1M | -$10.7M | -$15.6M | -$19.0M | -$5.3M |
| Diluted shares | 6.1M | 2.8M | 1.8M | 1.7M | 1.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $5.9M | $4.9M | $3.4M | $14.6M | $28.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Total debt | $2.6M | $5.0M | $5.3M | $5.3M | $291.6K |
| Total assets | $30.7M | $25.7M | $26.0M | $32.8M | $36.3M |
| Total liabilities | $7.8M | $8.3M | $7.8M | $8.6M | $2.1M |
| Shareholders' equity | $22.9M | $17.4M | $18.2M | $24.1M | $34.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology