Company / Cost of Revenue
Worksport Ltd Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$7.6M
FY2025
5-year range
$57.0K / $7.6M
FY2021-FY2025
Trend
+487.9%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Cost of Revenue changed +488% YoY in FY2025, a notable deviation from the 9-year average annual change of +315%.
Based on SEC 10-K filings.
$8M in FY2025 with a 5-year CAGR of +35.0%.
Increased from $56,967 to $8M over the past 2 years.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +178.5%
- 5-Year CAGR
- +35.0%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +35.0%, indicating consistent growth.
- In FY2025, cost of revenue increased 487.9% year-over-year.
- Lowest cost of revenue in the period was in FY2023.
Company context
Key Data Points
- Altman Z-Score -0.50 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $7.6M | +487.9% |
| FY2024 | $1.3M | +2162.9% |
| FY2023 | $57.0K | -83.8% |
| FY2022 | $350.7K | +17.3% |
| FY2021 | $299.0K | -82.3% |
| FY2020 | $1.7M | +338.5% |
| FY2019 | $384.9K | +66.1% |
| FY2018 | $231.8K | -30.6% |
| FY2017 | $334.1K | -37.3% |
| FY2016 | $532.6K | +22.3% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026