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Worksport reports record July orders, preserves 30%+ gross margin

Aug 26, 2026, 8:25 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Strong July metrics — record orders, solid gross margin, and rising annualized revenue rate — could support multiple expansion and investor confidence in WKSP's growth trajectory, though the data is preliminary and unaudited.

AI summary

What happened, with direct paths to the underlying reporting

Worksport disclosed preliminary July results: record product orders of $2.52M and net sales of $2.22M, with backlog around $0.30M. Gross margin stayed at 30.8% for a third consecutive month, supporting an annualized revenue rate near $30M. The company emphasizes converting demand into durable margins and cash flow as it scales

Record July product orders reached $2.52M.
Preliminary July net sales about $2.22M; backlog ~$0.30M.
July gross margin at 30.8%, third straight month above 30%.
Annualized revenue rate near $30M with 6.7% MoM June-to-July growth.

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