Worksport August Orders Rise 16.4% to $2.92 Million; Preliminary Net Sales Up 5.6%
Worksport said preliminary August 2026 sales orders were about $2.92 million, up 16.4% from July, and preliminary net sales rose 5.6% to $2.34 million. Estimated backlog grew 145.1% to about $898,000 because orders exceeded invoicing, and the company reported gross margin above 30% for a fourth consecutive month. The monthly figures are preliminary and unaudited, and the filing states that the run-rate metrics are not forecasts or full-year guidance.
Key points
- August sales orders of about $2.92 million, up 16.4% from about $2.51 million in July
- Preliminary August net sales of $2.34 million, up 5.6%; invoiced sales about $2.39 million
- Estimated month-end backlog of about $898,000, up 145.1% from an updated July balance of about $366,000
- Annualized sales-order run rate of about $35.05 million; the company said August was the fourth consecutive month with preliminary gross margin above 30%
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.