Worksport Reports Record Orders for July

Worksport Ltd. announced a new record in product orders for July 2026, totaling approximately $2.52 million. This represents steady growth in their sales figures, with preliminary net sales reaching $2.22 million, a 6.7% increase from June and a 60.6% rise from March. Additionally, $0.3 million worth of product orders remain in backlog, contributing to their $30 million Annualized Revenue Rate (ARR).

The company, known for hybrid and clean energy solutions, reported a consistent rise in monthly net sales in 2026, achieving an average growth of 12.9% month-over-month for five successive months. Importantly, Worksport has maintained a gross margin above 30% for the third consecutive month, indicating strong profitability.

CEO Steven Rossi emphasized the importance of establishing a repeatable and efficient business model that focuses on converting growing demand into sustained gross profit and cash flow. This approach, he says, will enable Worksport to pursue durable growth and long-term shareholder value.