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Worksport Sets Fourth Straight Monthly Sales Record in July 2025; Gross Margin Reaches 31% Target One Quarter Early
ByAinvest
Tuesday, Sep 9, 2025 9:07 am ET1min read
Worksport reported a record $1.71 million revenue in July 2025, marking the fourth consecutive monthly sales record. The company achieved a gross margin of 31%, surpassing its year-end target of 30%. Worksport expects continued growth and anticipates launching its HD3 heavy-duty tonneau cover, SOLIS solar tonneau, and COR portable power system in Q3 and Q4, respectively.
Worksport Ltd. (WKSP), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions, reported record-breaking revenue for July 2025. The company achieved $1.71 million in unaudited revenue, marking the fourth consecutive monthly sales record. This impressive performance comes as Worksport exceeded its year-end gross margin target of 30%, reaching 31% in July .The company's CEO, Steven Rossi, commented on the achievements, stating, "Four consecutive record months and a 31% gross margin underscore that our U.S. manufacturing model and American-made products are winning in the marketplace. We believe our execution is positioning Worksport on a disciplined path toward sustained profitability and long-term shareholder value."
Worksport anticipates continued growth, with the upcoming launches of its HD3 heavy-duty tonneau cover in Q3 and its flagship SOLIS solar tonneau and COR portable power system in Q4 expected to add further growth catalysts. At July’s run rate, the company is pacing above $20 million in annualized sales (non-GAAP), in line with its reaffirmed full-year guidance .
The company's strong financial performance is a result of its focus on innovation and strategic partnerships. Worksport's partnership with Hyundai for the SOLIS Solar cover and its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology have contributed to its success .
Investors and financial professionals are encouraged to stay informed about Worksport's progress by visiting the company's investor relations website or subscribing to its newsletter .
References:
https://stockanalysis.com/stocks/wksp/revenue/
https://www.stocktitan.net/news/WKSP/breaking-worksport-posts-fourth-consecutive-monthly-sales-record-in-1x539pveamtm.html
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