{"id":868440,"date":"2025-07-10T09:19:21","date_gmt":"2025-07-10T13:19:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\/"},"modified":"2025-07-10T09:19:21","modified_gmt":"2025-07-10T13:19:21","slug":"worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\/","title":{"rendered":"Worksport Reports Q2 2025 Top-Line Revenue, Signals Profitability on Horizon with Expanding Margins and Product Momentum"},"content":{"rendered":"
\n

\n
\n Company Achieves Breakout Quarter as Turnaround Strategy Gains Traction; Clean-Tech Product Launches Poised to Accelerate Growth<\/em>
\n <\/strong>
\n \n <\/p>\n

West Seneca, New York, July 10, 2025 (GLOBE NEWSWIRE) — Worksport Ltd.\u00a0(NASDAQ: WKSP) <\/strong>(\u201cWorksport\u201d or the \u201cCompany\u201d), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced unaudited Q2 2025 topline results, delivering<\/strong>a<\/strong>breakout<\/strong>quarter<\/strong> that is expected to position the Company for sustainable profitability and long-term growth.<\/p>\n

The Company delivered unaudited revenue of\u00a0$4.1 million in Q2 2025<\/strong>, marking an\u00a083% increase<\/strong>\u00a0over Q1 2025 revenue of $2.24 million.The results mark a major validation of the Company\u2019s strategic pivot away from lower-margin private label production, underscoring management\u2019s strategic focus on a strong Made in America brand with a robust supply chain substantially within the USA.<\/p>\n

In parallel,\u00a0gross margins increased 47%<\/strong>, rising from 17.7% in Q1 to\u00a026.0% in Q2<\/strong>. June 2025 recorded the Company\u2019s highest monthly gross margin to date, with\u00a0Worksport on track to exceed 30% gross margins<\/strong>\u00a0by year-end, setting the stage for strong operating leverage.<\/p>\n

\n Momentum Building Toward Strong EBITA<\/strong>\n <\/p>\n

\u201cThis quarter\u2019s topline and margin performance validates the steps we\u2019ve taken over the last year,\u201d said\u00a0Steven Rossi<\/em>, CEO of Worksport. \u201cWe\u2019re executing on all cylinders – sales are scaling, margins are improving, and we\u2019re laying the groundwork for sustainable profitability. The real catalyst lies just ahead with the launch of our innovative SOLIS and COR nano-grid system<\/strong><\/a>.<\/p>\n

\n Flagship Product Launches to Unlock Additional Revenue Streams<\/strong>\n <\/p>\n

Worksport\u2019s upcoming\u00a0SOLIS Solar Tonneau Cover<\/strong>\u00a0and\u00a0COR Portable Energy System<\/strong>\u2014both in Beta testing in North America\u2014are scheduled for commercial launch in late 2025. Together, these proprietary technologies will form a modular clean-energy nano-grid, targeting high margin multi-billion-dollar markets<\/strong>, ranging from portable power to overlanding, grid-resilient utility, and EV range top-up.<\/p>\n

As previously reported, Worksport\u2019s patented SOLIS cover successfully produced more than 500W of solar power, while the COR system demonstrated Level 1 EV<\/a> charging capabilities, including for Tesla vehicles. Market response to early testing has been strong, with additional updates expected in the Company\u2019s Q3 2025 earnings call.<\/p>\n

\n Full Q2 Report and Earnings Call Coming Mid-August<\/strong>\n <\/p>\n

\u201cAs we turn the corner on our strategy for strong EBITA and profitability, we are seeing impressive alignment of the Company\u2019s fundamentals in a way that unlocks shareholder value,\u201d added Rossi. \u201cWith strong revenue growth, expanding margins, and disruptive new products launching in 2025, Worksport is emerging as one of the most exciting stories<\/strong> on the small-cap growth radar. The best is yet to come and just around the corner.\u201d<\/p>\n

The full Q2 2025 financial statements and earnings call are scheduled for mid-August. The Company also recently announced record production<\/a> output and further traction in B2C and B2B sales, reinforcing its revenue trajectory. Management has previously projected $20M<\/strong><\/a> in full-year revenue<\/strong>, with a clear anticipated path to\u00a0cash flow positivity<\/strong>.<\/p>\n

More information will be made available in the near future regarding the Company\u2019s COR Portable Energy System & SOLIS Solar Tonneau Cover commercial launches, including final release specifications, pricing, and go to market strategy, among other topics.<\/p>\n

\n For further information:<\/strong>\n <\/p>\n

Investor Relations, Worksport Ltd. T: 1 (888) 554-8789 -128<\/strong>
W:\u00a0investors.worksport.com<\/a> W:\u00a0www.worksport.com<\/a> E:\u00a0investors@worksport.com<\/a><\/p>\n

\n
\n Join:<\/strong>
\n <\/a>
\n Worksport\u2019s Newsletter<\/a>\n <\/p>\n

\n About Worksport<\/strong>\n <\/p>\n

Worksport Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of\u00a0tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions.\u00a0Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport\u2019s hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector.\u00a0Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology.\u00a0Terravis Energy\u2019s website is\u00a0terravisenergy.com<\/a>.<\/p>\n

\n Connect with Worksport<\/strong>\n <\/p>\n

Please\u00a0follow\u00a0the\u00a0Company\u2019s\u00a0social\u00a0media\u00a0accounts\u00a0on\u00a0X\u00a0(previously\u00a0Twitter)<\/a>,\u00a0Facebook<\/a>, LinkedIn<\/a>,\u00a0YouTube<\/a>, and\u00a0Instagram<\/a>\u00a0(collectively, the \u201cAccounts\u201d), the links of which are links to external third-party websites, as well as sign up for the Company\u2019s newsletters at\u00a0investors.worksport.com<\/a>.<\/p>\n

\n Social Media Disclaimer<\/strong>\n <\/p>\n

The Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company. Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission (SEC\u201d) filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media. The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.<\/p>\n

\n Forward-Looking Statements<\/strong>\n <\/p>\n

The information contained herein may contain \u201cforward\u2010looking statements.\u201d Forward\u2010looking statements reflect the current view about future events. When used in this press release, the words \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cscheduled,\u201d \u201cexpect,\u201d \u201cfuture,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cenvisioned,\u201d \u201cshould,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward\u2010looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial situation may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company\u2019s filings with the SEC, including, without limitation, our latest Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC\u2019s web site at www.sec.gov<\/u><\/a>. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company\u2019s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.<\/p>\n

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Company Achieves Breakout Quarter as Turnaround Strategy Gains Traction; Clean-Tech Product Launches Poised to Accelerate Growth West Seneca, New York, July 10, 2025 (GLOBE NEWSWIRE) — Worksport Ltd.\u00a0(NASDAQ: WKSP) (\u201cWorksport\u201d or the \u201cCompany\u201d), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced unaudited Q2 2025 topline results, deliveringabreakoutquarter that is expected to position the Company for sustainable profitability and long-term growth. The Company delivered unaudited revenue of\u00a0$4.1 million in Q2 2025, marking an\u00a083% increase\u00a0over Q1 2025 revenue of $2.24 million.The results mark a major validation of the Company\u2019s strategic pivot away from lower-margin private label production, underscoring management\u2019s strategic focus on a strong Made in … <\/p>\n

Continue reading “Worksport Reports Q2 2025 Top-Line Revenue, Signals Profitability on Horizon with Expanding Margins and Product Momentum”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-868440","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nWorksport Reports Q2 2025 Top-Line Revenue, Signals Profitability on Horizon with Expanding Margins and Product Momentum - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Worksport Reports Q2 2025 Top-Line Revenue, Signals Profitability on Horizon with Expanding Margins and Product Momentum - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Company Achieves Breakout Quarter as Turnaround Strategy Gains Traction; Clean-Tech Product Launches Poised to Accelerate Growth West Seneca, New York, July 10, 2025 (GLOBE NEWSWIRE) — Worksport Ltd.\u00a0(NASDAQ: WKSP) (\u201cWorksport\u201d or the \u201cCompany\u201d), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced unaudited Q2 2025 topline results, deliveringabreakoutquarter that is expected to position the Company for sustainable profitability and long-term growth. The Company delivered unaudited revenue of\u00a0$4.1 million in Q2 2025, marking an\u00a083% increase\u00a0over Q1 2025 revenue of $2.24 million.The results mark a major validation of the Company\u2019s strategic pivot away from lower-margin private label production, underscoring management\u2019s strategic focus on a strong Made in … Continue reading "Worksport Reports Q2 2025 Top-Line Revenue, Signals Profitability on Horizon with Expanding Margins and Product Momentum"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-10T13:19:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ5MjMxNSM3MDQxNjIwIzUwMDA0OTkxNA==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Worksport Reports Q2 2025 Top-Line Revenue, Signals Profitability on Horizon with Expanding Margins and Product Momentum\",\"datePublished\":\"2025-07-10T13:19:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\\\/\"},\"wordCount\":1219,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQ5MjMxNSM3MDQxNjIwIzUwMDA0OTkxNA==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\\\/\",\"name\":\"Worksport Reports Q2 2025 Top-Line Revenue, Signals Profitability on Horizon with Expanding Margins and Product Momentum - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\/","og_locale":"en_US","og_type":"article","og_title":"Worksport Reports Q2 2025 Top-Line Revenue, Signals Profitability on Horizon with Expanding Margins and Product Momentum - Market Newsdesk","og_description":"Company Achieves Breakout Quarter as Turnaround Strategy Gains Traction; Clean-Tech Product Launches Poised to Accelerate Growth West Seneca, New York, July 10, 2025 (GLOBE NEWSWIRE) — Worksport Ltd.\u00a0(NASDAQ: WKSP) (\u201cWorksport\u201d or the \u201cCompany\u201d), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced unaudited Q2 2025 topline results, deliveringabreakoutquarter that is expected to position the Company for sustainable profitability and long-term growth. The Company delivered unaudited revenue of\u00a0$4.1 million in Q2 2025, marking an\u00a083% increase\u00a0over Q1 2025 revenue of $2.24 million.The results mark a major validation of the Company\u2019s strategic pivot away from lower-margin private label production, underscoring management\u2019s strategic focus on a strong Made in … Continue reading \"Worksport Reports Q2 2025 Top-Line Revenue, Signals Profitability on Horizon with Expanding Margins and Product Momentum\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\/","og_site_name":"Market Newsdesk","article_published_time":"2025-07-10T13:19:21+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ5MjMxNSM3MDQxNjIwIzUwMDA0OTkxNA==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Worksport Reports Q2 2025 Top-Line Revenue, Signals Profitability on Horizon with Expanding Margins and Product Momentum","datePublished":"2025-07-10T13:19:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\/"},"wordCount":1219,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ5MjMxNSM3MDQxNjIwIzUwMDA0OTkxNA==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/worksport-reports-q2-2025-top-line-revenue-signals-profitability-on-horizon-with-expanding-margins-and-product-momentum\/","name":"Worksport Reports Q2 2025 Top-Line Revenue, Signals Profitability on Horizon with Expanding Margins and Product Momentum - 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