Worksport expects $30 million annualized revenue rate to keep rising

Reuters2026/08/26 12:17

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Worksport flagged a USD 30 million annualized revenue run-rate, with expectations it will keep rising.
July product orders hit a record USD 2.52 million; preliminary net sales totaled USD 2.22 million, up 6.7% from June.
Month-end backlog stood at about USD 0.3 million; March-to-July net sales increased to USD 2.22 million from USD 1.38 million.
Preliminary gross margin was 30.8%, the third straight month above 30%, with preliminary gross profit of about USD 0.68 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Worksport Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608260817ACCESSWRNAPR_____1211973) on August 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Worksport expects $30 million annualized revenue rate to keep rising

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