Worksport targets Terravis certification in Q4 2026 and first Continental U.S. pilots in Q1 2027 while pursuing a nonbinding acquisition

What happened: Worksport said Q3 was its strongest revenue quarter, with management targeting Terravis certification in Q4 2026 and first Continental U.S. pilots in Q1 2027 while pursuing a nonbinding acquisition. Key numbers: Gross margin remained above 30%; operating expenses stayed close to Q2's level; inventory converted to revenue by approximately $2.5. Why it matters: Management framed the quarter around record revenue and margin above 30%, with the Terravis certification and pilot timeline setting the next milestones alongside the nonbinding acquisition effort.

Worksport said Q3 was its strongest revenue quarter, with management targeting Terravis certification in Q4 2026 and first Continental U.S. pilots in Q1 2027 while pursuing a nonbinding acquisition.

Management framed the quarter around record revenue and margin above 30%, with the Terravis certification and pilot timeline setting the next milestones alongside the nonbinding acquisition effort.