WKSP WORKSPORT LTD

Worksport ($WKSP) Corporate Update: Record Margins, Strategic Expansion, Imminent Product Launch

Worksport ($WKSP) Corporate Update: Record Margins, Strategic Expansion, Imminent Product Launch

Q3 revenue on record pace; SOLIS & COR to launch late Q4; Terravis pursuing validation and global partnerships

West Seneca, New York, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today provided a comprehensive corporate update for September 2025, highlighting strong revenue growth, expanding margins, and progress across its flagship SOLIS, COR, and Terravis product lines.

1. The Company is excited to report that Q3 2025 is pacing to be another record quarter, with gross margins exceeding 30% and expected to climb further as production scales.

This follows an 83% sequential revenue increase reported in Q2 2025 and sets the stage for continued momentum as Worksport advances toward profitability.

“Our growth is accelerating every single month,” said Steven Rossi, Chief Executive Officer (CEO) of Worksport. “Margins are strengthening, sales are growing, and the upcoming launch of our COR & SOLIS clean-tech products will introduce Worksport to entirely new multi-billion-dollar markets. We are building a foundation not just for near-term growth, but for long-term leadership in clean energy and automotive innovation.”

2. The Company is announcing that the highly anticipated  remain on schedule for commercial launch in late Q4 2025, in time for Holiday sales. Initial shipments are expected to fulfill existing pre-orders before opening a new round of consumer pre-orders.

Worksport CEO recently demonstrated the products’ performance:

  • COR powered a large industrial fan under 120°F conditions, showcasing its reliability in extreme environments.
  • , replenishing the COR battery faster than it discharged—underscoring the system’s potential as a true clean energy nano-grid.

The Company is projecting $2-3 million in potential revenue from SOLIS and COR in 2025, with 2026 expected to see 8-figure growth potential as sales expand across both business-to-consumer (B2C) and business-to-business (B2B) channels.

3. Worksport management is exploring strategic distribution facility expansions within the Southeast and West Coast of the U.S, to support its rapidly expanding B2C business. These facilities are expected to lower shipping times and costs, further enhancing customer experience while driving efficiencies at scale. Worksport believes this model will be a successful pilot for increased e-commerce sales and scale.

4. Worksport subsidiary Terravis Energy continues to make significant strides in advancing its AetherLux ZeroFrost Heat Pump program. The product continues to see expanding market opportunities:

  • Ongoing discussions are underway with multi-billion-dollar corporations and government officials.
  • Third-party validation programs are being initiated to further prove the heat pump system’s general performance superiority, along with performance in extreme climates.
  • The roadmap includes finalizing a manufacturing partner, pursuing certifications, and advancing to launch, anticipated in mid-2026.

Management also emphasized that potential licensing opportunities remain under consideration, highlighting the broad technological and commercial reach of ZeroFrost technology.

“Our story is one of acceleration and execution,” Rossi added. “We’re seeing record sales, record margins, and transformative product launches right around the corner. With Terravis attracting global attention and SOLIS & COR heading to market, we believe Worksport is on the verge of a breakout.”

For further information:

Investor Relations, Worksport Ltd. T: 1 (888) 554-8789 -128

W:  W:  E: 

Connect with Worksport Chief Executive Officer, Steven Rossi









About Worksport

Worksport Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport’s hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology. Terravis Energy’s website is .

Connect with Worksport

Please follow the Company’s social media accounts on , , , , and  (collectively, the “Accounts”), the links of which are links to external third-party websites, as well as sign up for the Company’s newsletters at .

Social Media Disclaimer

The Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company. Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission (SEC”) filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media. The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.

Forward-Looking Statements

The information contained herein may contain “forward‐looking statements.” Forward‐looking statements reflect the current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “scheduled,” “expect,” “future,” “intend,” “plan,” “project,” “envisioned,” “should,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial situation may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the SEC, including, without limitation, our latest Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at . As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company’s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.



EN
23/09/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on WORKSPORT LTD

 PRESS RELEASE

Worksport ($WKSP) Corporate Update: Record Margins, Strategic Expansio...

Worksport ($WKSP) Corporate Update: Record Margins, Strategic Expansion, Imminent Product Launch Q3 revenue on record pace; SOLIS & COR to launch late Q4; Terravis pursuing validation and global partnerships West Seneca, New York, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today provided a comprehensive corporate update for September 2025, highlighting strong revenue growth, expanding margin...

 PRESS RELEASE

BREAKING: Worksport Posts Fourth Consecutive Monthly Sales Record in J...

BREAKING: Worksport Posts Fourth Consecutive Monthly Sales Record in July 2025; Gross Margin Reaches 31% Target One Quarter Early Company Achieves Consistent Growth With Four Straight Record Months; Gross Margin Expands 2,000+ Basis Points in Three Quarters; Production Hits Strongest Levels to Date West Seneca, New York, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions primarily for the light truck, overlanding, and global consumer goods markets, today reported tha...

 PRESS RELEASE

Worksport to Present at Wall Street Reporter’s “Next Super Stock” Live...

Worksport to Present at Wall Street Reporter’s “Next Super Stock” Livestream on September 4, 2025, at 1 PM ET CEO Steven Rossi to Showcase Worksport’s Momentum in U.S. Manufacturing, Expanding Dealer Network, and Launch of SOLIS & COR Clean-Tech ProductsWest Seneca, New York, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions primarily for the light truck, overlanding, and global consumer goods markets, today announced that CEO Steven Rossi will present live on Wall S...

 PRESS RELEASE

Worksport Posts Q2 2025 Results: Gross Profit Increases 173%, Revenue ...

Worksport Posts Q2 2025 Results: Gross Profit Increases 173%, Revenue Jumps 83%, Margin Expands 870 bps, Operating Loss Improves 15% [QoQ]. Company Reaffirms ≥$20 Million 2025 Revenue Target and Highlights Clear Path to Near-Term Operational Cash Flow Positivity West Seneca, New York, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today announced record financial and operational results for the q...

 PRESS RELEASE

Worksport ($WKSP) Issues Corporate Update: Bitcoin Holdings Double, Pr...

Worksport ($WKSP) Issues Corporate Update: Bitcoin Holdings Double, Production Capacity Scales, New Automotive OEM Discussions, and Brand Visibility Initiatives Strong Growth in Business Fundamentals, Increased Brand Visibility, and New Strategic Conversations Signal Continued Momentum into Q3 and Q4 2025 West Seneca, New York, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today provided a strat...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch