Workport posts record growth as it prepares to launch solar truck covers and clean energy systems

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Worksport Ltd. (Nasdaq: WKSP ) reported its best fiscal quarter in company history, indicating that its transition from truck accessories to distributed clean energy systems is gaining serious traction.

For the third consecutive quarter, Workport recorded both record revenue and expanding margins, underscoring how domestic manufacturing and renewables integration are starting to converge in the company’s business model.

Record growth before product launch

In the third quarter of 2025, WorkSport achieved revenue of $5.0 million, a 62% year-over-year increase, and a 31% gross margin, up from a dramatic 7.9% during the same period last year. This is a 2,300 basis point improvement in profitability, driven by operational efficiencies, scaling production, and strong demand for the company’s legacy Tanao core.

Perhaps most importantly, this growth precedes the commercialization of Werksport’s upcoming clean energy portfolio, which includes the Solis™ solar integrated tonneau cover, the Core™ portable energy storage system, and the Terravis™ line of clean heat pumps, which are now undergoing certification with the U.S. Department of Energy.

American manufacturing momentum

Behind the numbers is a steady ramp-up in U.S. production capacity of the Worksport. The company’s New York-based factory produced 8,600 units in Q3, up from 6,000 in Q2 and 4,300 in Q1, representing a 100% production increase in just two quarters.

That pace, Werksport says, reflects the advantages of domestic production: less supply chain dependency, faster turnaround times, and a factory capable of supporting up to $100 million in annual revenue without additional investment. The company’s expanding gross margins suggest increased economies of scale and better fixed cost absorption along with increased production volumes.

Clean energy meets automotive innovation

Worksport’s technology suite sits at the intersection of automotive innovation and renewable energy. Its upcoming Solis™ Tonio integrates solar panels into pickup trucks, turning vehicles into mobile energy generation units that can charge the Core™ Portable Power System: a compact, modular energy storage unit designed for off-grid power, outdoor work, or emergency backup.

Meanwhile, Tervis Energy, a Werksport subsidiary, is developing a new generation of cold-climate heat pumps designed to replace fossil-fuel-based heating systems in colder regions, a segment that is gaining traction as governments and homeowners meet electricity and energy-saving targets.

By leveraging its experience in the automotive accessories market, Workport is positioning itself as a bridge between traditional manufacturing and clean energy innovation—an area. Clean Technica Decarbonization has long been identified as a key growth factor.

Strategic positioning for 2026 and beyond

The company’s current performance provides a strong foundation for its upcoming clean energy launches. Worksport’s consistent quarterly growth shows it can fund and sustain R&D investments without eroding profitability.

With both consumer-facing (truck-based solar and storage) and industrial applications (Tervis heat pumps) in development, WorkSport is emerging as a rare hybrid: a vertically integrated American manufacturer scaling hardware that directly supports the adoption of distributed renewable energy.

As global demand for off-grid power, EV compatibility, and electric heating continues to expand, Worksport’s momentum offers a snapshot of how small American manufacturers can adapt and thrive in the cleantech economy.