Worksport cuts operating cash use by 89% in preliminary Q3, delivers record revenue

What happened: Worksport (WKSP) reported preliminary third-quarter 2026 results, with net cash used in operating activities down 89% and record revenue. Key numbers: Cash used in operations fell to about $370,000 from $3.4M in Q2. $2.5M of inventory was converted into sales and cash. WKSP shares rose 3% in early trading. Why it matters: The company cut its operating cash use sharply, partly by turning inventory into sales and cash, and shares moved higher after the preliminary update.

Worksport (WKSP) reported preliminary third-quarter 2026 results, with net cash used in operating activities down 89% and record revenue.

The company cut its operating cash use sharply, partly by turning inventory into sales and cash, and shares moved higher after the preliminary update.