StocksMediumUpdated×2•Originally published 6 October 2026•Updated 6 October 2026•
1 min read
Worksport Reports 16.4% Growth in August Sales Orders
Key Facts
1Worksport announced preliminary August 2026 sales orders of $2.92 million, a 16.4% increase from July.
2The company's annualized sales-order run rate reached approximately $35.05 million with gross margins exceeding 30%.
Worksport announced preliminary August 2026 sales orders of $2.92 million, representing a 16.4% increase from July. Investing.com reported that the company's annualized sales-order run rate reached approximately $35.05 million, with gross margins exceeding 30%.
August orders exceeded invoicing by approximately $532,000, resulting in a month-end backlog of $898,000, a 145.1% increase. This growth supports management's outlook for positive operating cash flow, while WKSP closed at $0.406 on October 5, 2026.
Latest Updates · 1
- Notable·
Update: Preliminary net sales rose 5.6% in August 2026 to reach $2.34 million. This figure represents an approximate 150% increase in net sales since January 2026, marking a consistent streak of monthly growth for the company this year.