Q2 FY2026 EarningsQ2 FY26 results exceeded revenue and EPS expectations despite ongoing net losses: revenue reached $5.23M vs. $4.50M expected, and GAAP EPS was -$0.33 vs. -$0.44 expected. Gross margin outperformed consensus at 31.6% vs. 29.2% driven by production efficiencies in the Hard Tonneau segment. However, operating cash flow remains a critical concern, with a significant burn of -$11.68M for H1 FY26 compared to the full-quarter consensus expectation of -$1.10M, highlighting severe liquidity pressure and reliance on equity dilution.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Worksport(WKSP) the Revenue is 5.23 M (+27.4%), Beat estimate;the EBIT is -3.819 M (-5.55%), Beat estimate;the EPS is -0.33 (+53.52%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.01B27.40%
0.00B9.62%
+0.00B17.78%
EBITExceed expectations
-0.00B5.55%
-0.01B60.33%
+0.00B54.78%
EPSExceed expectations
-0.3353.52%
-0.4438.03%
+0.110015.49%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf