Worksport Ltd. (Nasdaq: WKSP) reported preliminary sales orders of approximately $2.92 million for August 2026, a 16.4% increase from the previous month. The company stated that this figure represents an annualized sales-order run rate of $35.05 million.
Preliminary net sales for August were reported at $2.34 million, a 5.6% increase from July. The company noted that monthly net sales have increased approximately 150% from January 2026 to August 2026, with each month in that period exceeding the previous month.
August marked the fourth consecutive month where preliminary gross margins exceeded 30%. The company also reported that estimated month-end backlog increased to approximately $898,000, reflecting order intake that exceeded invoicing during the month.
Worksport designs, develops, and manufactures products including tonneau covers, solar integrations, and portable power systems. The company has an active partnership with Hyundai for the SOLIS Solar cover.
