Worksport Operating Expenses Growth & History (WKSP)
Worksport's operating expenses was $23.3M for fiscal 2025.
View full Worksport company overviewWorksport annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $23.3M | $6.9M | +42.25% |
| 2024 | 2024-12-31 | $16.4M | $1.4M | +9.31% |
| 2023 | 2023-12-31 | $15.0M | $2.1M | +16.71% |
| 2022 | 2022-12-31 | $12.8M | $5.3M | +70.77% |
| 2021 | 2021-12-31 | $7.5M | $6.5M | +627.20% |
| 2020 | 2020-12-31 | $1.0M | $256,989 | +33.10% |
| 2019 | 2019-12-31 | $776,398 | −$531,343 | −40.63% |
| 2018 | 2018-12-31 | $1.3M | −$649,687 | −33.19% |
| 2017 | 2017-12-31 | $2.0M | $1.6M | +402.83% |
| 2016 | 2016-12-31 | $389,283 | −$3.2M | −89.02% |
| 2015 | 2015-12-31 | $3.5M | $2.9M | +456.55% |
| 2014 · Dec 31 | 2014-12-31 | $636,944 | $483,873 | +316.11% |
| 2013 · Dec 31 | 2013-12-31 | $153,071 | — | — |
Worksport quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $5.5M | $768,746 | +16.36% |
| Q1 2026 | 2026-03-31 | $6.6M | $1.9M | +41.82% |
| Q4 2025 | 2025-12-31 | $7.6M | $3.2M | +74.74% |
| Q3 2025 | 2025-09-30 | $6.4M | $2.2M | +53.20% |
| Q2 2025 | 2025-06-30 | $4.7M | $492,366 | +11.70% |
| Q1 2025 | 2025-03-31 | $4.7M | $975,605 | +26.53% |
| Q4 2024 | 2024-12-31 | $4.3M | $694,215 | +19.07% |
| Q3 2024 | 2024-09-30 | $4.2M | $143,193 | +3.57% |
| Q2 2024 | 2024-06-30 | $4.2M | $422,095 | +11.15% |
| Q1 2024 | 2024-03-31 | $3.7M | $134,806 | +3.81% |
| Q4 2023 | 2023-12-31 | $3.6M | −$124,997 | −3.32% |
| Q3 2023 | 2023-09-30 | $4.0M | $1.1M | +35.97% |
| Q2 2023 | 2023-06-30 | $3.8M | $473,773 | +14.31% |
| Q1 2023 | 2023-03-31 | $3.5M | $734,529 | +26.16% |
| Q4 2022 | 2022-12-31 | $3.8M | $103,079 | +2.81% |
| Q3 2022 | 2022-09-30 | $2.9M | $897,013 | +43.72% |
| Q2 2022 | 2022-06-30 | $3.3M | $2.5M | +288.92% |
| Q1 2022 | 2022-03-31 | $2.8M | $1.9M | +195.77% |
| Q4 2021 | 2021-12-31 | $3.7M | $3.3M | +913.28% |
| Q3 2021 | 2021-09-30 | $2.1M | $1.7M | +422.07% |
| Q2 2021 | 2021-06-30 | $851,462 | $710,966 | +506.04% |
| Q1 2021 | 2021-03-31 | $949,255 | $810,784 | +585.53% |
| Q4 2020 | 2020-12-31 | $361,450 | $119,681 | +49.50% |
| Q3 2020 | 2020-09-30 | $392,970 | $219,306 | +126.28% |
| Q2 2020 | 2020-06-30 | $140,496 | $6,175 | +4.60% |
| Q1 2020 | 2020-03-31 | $138,471 | −$88,173 | −38.90% |
| Q4 2019 | 2019-12-31 | $241,769 | −$320,637 | −57.01% |
| Q3 2019 | 2019-09-30 | $173,664 | −$72,310 | −29.40% |
| Q2 2019 | 2019-06-30 | $134,321 | −$175,084 | −56.59% |
| Q1 2019 | 2019-03-31 | $226,644 | $36,688 | +19.31% |
| Q4 2018 | 2018-12-31 | $562,406 | $236,940 | +72.80% |
| Q3 2018 | 2018-09-30 | $245,974 | $133,084 | +117.89% |
| Q2 2018 | 2018-06-30 | $309,405 | $240,793 | +350.95% |
| Q1 2018 | 2018-03-31 | $189,956 | −$1.3M | −86.90% |
| Q4 2017 | 2017-12-31 | $325,466 | $208,696 | +178.72% |
| Q3 2017 | 2017-09-30 | $112,890 | $32,284 | +40.05% |
| Q2 2017 | 2017-06-30 | $68,612 | −$39,081 | −36.29% |
| Q1 2017 | 2017-03-31 | $1.5M | $1.4M | +1622.35% |
| Q4 2016 | 2016-12-31 | $116,770 | −$1.3M | −91.90% |
| Q3 2016 | 2016-09-30 | $80,606 | −$1.2M | −93.52% |
| Q2 2016 | 2016-06-30 | $107,693 | −$708,671 | −86.81% |
| Q1 2016 | 2016-03-31 | $84,214 | $42,638 | +102.55% |
| Q4 2015 | 2015-12-31 | $1.4M | $960,800 | +199.62% |
| Q3 2015 | 2015-09-30 | $1.2M | $1.2M | +2677.61% |
| Q2 2015 | 2015-06-30 | $816,364 | $766,700 | +1543.77% |
| Q1 2015 | 2015-03-31 | $41,576 | −$19,579 | −32.02% |
| Q4 2014 | 2014-12-31 | $481,308 | — | — |
| Q4 2014 | 2014-09-30 | $44,817 | — | — |
| Q2 2014 | 2014-06-30 | $49,664 | — | — |
| Q1 2014 | 2014-03-31 | $61,155 | — | — |
| Q3 2011 | 2011-06-30 | $1,733 | −$1,062 | −38.00% |
| Q3 2010 | 2010-06-30 | $2,795 | — | — |
Worksport operating expenses trends
Over the last five fiscal years, Worksport's operating expenses increased from $1.0M to $23.3M, a change of $22.3M. The latest reported quarter, Q2 2026, shows $5.5M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Worksport source filings ↗