Westport Fuel Systems (WPRT) Financial Statements & Analysis

Westport Fuel Systems (WPRT) Income Statement

Westport Fuel Systems reported revenue of $23.73M in fiscal 2025 (fiscal year ended Mar 31, 2026), down 92.2% from $302.30M a year earlier. Westport Fuel Systems posted a net loss of $24.74M, compared with a net loss of $21.84M a year earlier. Gross margin was 9.3% and operating margin -81.7%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $2.72M, down 78.3% from the same quarter a year earlier.

Westport Fuel Systems Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Westport Fuel Systems Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Dec 2025	Mar 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	23.73	23.32	302.30	40.70	68.15	305.70	312.41	252.50	305.34	270.28	247.06
Cost of Revenue	21.52	20.64	244.71	37.86	67.79	269.50	264.26	212.95	237.09	206.06	182.92
Gross Profit	2.20	2.68	57.59	2.84	0.36	36.20	48.15	39.54	68.25	64.22	64.15
Operating Expenses
Research & Development	5.88	5.78	21.59	9.53	12.84	23.50	25.19	20.98	25.17	30.62	51.06
Selling, General & Administrative	15.44	15.44	50.36	23.43	30.95	52.12	49.79	38.14	57.72	67.00	64.40
Operating Expenses	21.59	16.91	82.26	40.56	45.98	80.03	78.24	65.35	90.67	106.44	125.29
Operating Income	-19.39	-14.23	-24.67	-37.71	-45.62	-43.83	-30.55	-25.81	8.39	-52.72	-64.93
Other Income/Expense
Interest Income	1.26	-30.43	1.16	-17.67	3.47	1.41	34.10	24.05	4.07	0.47	1.38
Interest Expense	0.61	0.61	2.80	-2.80	-2.98	3.35	-4.94	-7.99	7.27	9.13	14.49
Other Income/Expense	-10.55	-15.20	7.81	6.96	-2.47	18.98	36.53	16.06	23.54	14.06	-2.35
Income
Income Before Tax	-29.94	-29.43	-16.86	-30.75	-48.09	-31.28	5.53	-5.93	2.15	-38.66	-65.53
Income Tax Expense	0.15	0.14	4.98	0.52	0.33	1.41	-8.13	1.43	1.96	2.11	-4.42
Net Income	-24.74	-61.63	-21.84	-21.84	-49.72	-32.70	13.66	-7.36	0.19	-31.49	-9.98
Net Income - Continuous Operations	-24.74	-29.57	-21.84	-31.27	-49.72	-32.70	13.66	-7.36	0.19	-31.49	-9.98
Net Income - Discontinued Operations	-	-32.06	-	9.43	-1.30	-	-	-	-	-	-
EBITDA	-18.64	-18.32	-5.40	-28.60	-38.76	-28.81	-18.18	-7.96	-6.08	-13.02	-38.06
EBIT	-	-19.06	-	-30.78	-44.58	-27.93	-32.22	-21.99	-	-	-
Depreciation & Amortization	0.75	0.52	8.66	8.66	12.49	11.80	14.04	14.03	16.34	16.51	14.98
Earnings Per Share
Basic EPS	-1.00	-4.00	-1.00	-1.00	-3.00	-2.00	1.00	-	-	-2.00	-1.00
Diluted EPS	-1.00	-4.00	-1.00	-1.00	-3.00	-2.00	1.00	-1.00	-	-2.00	-1.00
Basic Shares Outstanding	17.34	17.34	17.49	17.25	17.17	17.12	16.02	13.71	13.42	13.24	11.96
Diluted Shares Outstanding	17.34	17.34	17.49	17.25	17.17	17.12	16.21	13.71	14.41	13.24	11.96

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Westport Fuel Systems Financial Statements

What was Westport Fuel Systems's revenue in fiscal 2025?

Westport Fuel Systems reported revenue of $23.73M in fiscal 2025 (fiscal year ended Mar 31, 2026). That was down 92.2% from $302.30M a year earlier.

Is Westport Fuel Systems profitable?

No. Westport Fuel Systems reported a net loss of $24.74M in fiscal 2025. In fiscal 2024 it lost $21.84M.

What is Westport Fuel Systems's operating margin?

Westport Fuel Systems's operating income was −$19.39M on revenue of $23.73M in fiscal 2025, an operating margin of -81.7%, compared with -8.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition