Westport Fuel Systems Inc. logo

Westport Fuel Systems Inc.

WPRT

NASDAQConsumer CyclicalAuto - Parts

Previous close

$1.83

+$0.02 · +1.10%

Aug 21, 4:00 PM ET

WPRT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

25

Expensive

Momentum

44

Neutral

Sentiment

47

Mixed

Risk resilience

21

High Risk

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Company profile

Company website

Founded in 1995 and based in Vancouver, Canada, Westport Fuel Systems Inc. (formerly Westport Innovations Inc. until its name change in June 2016) is a global innovator in the engineering, production, and delivery of alternative fuel systems and their constituent components for various transportation applications. The company structures its operations around two key segments: Original Equipment Manufacturer (OEM) and Independent Aftermarket. Its comprehensive offerings support a broad spectrum of alternative fuels, including liquefied petroleum gas (LPG), compressed natural gas (CNG), liquefied natural gas (LNG), renewable natural gas (RNG), and hydrogen. Beyond complete fuel systems and individual parts, Westport also provides solutions for the independent aftermarket, light and heavy-duty OEM markets, electronics, hydrogen systems, and advanced fuel storage. A cornerstone of its technology is the Westport High Pressure Direct Injection 2.0 (HPDI 2.0), an integrated fuel system that allows diesel engines to run predominantly on natural gas, delivering power, torque, and fuel efficiency comparable to traditional compression ignition diesel engines, all while significantly reducing greenhouse gas emissions. These technologies and services are deployed across a diverse range of vehicles, from passenger cars and light-duty trucks to medium and heavy-duty trucks, alongside specialized cryogenic and hydrogen applications. Westport Fuel Systems markets its extensive product portfolio under a variety of prominent brands, including Cummins Westport, BRC Gas Equipment, Westport, OMVL, Prins, GFi Control systems, Emer, Zavoli, TA Gas Technology, Valtek, and AFS.

Industry
Auto - Parts
Sector
Consumer Cyclical
Headquarters
CA
CEO
Daniel Sceli
Listed since
Aug 15, 2008
Employees
112

Market position

Day range

Current $1.83

52-week range

Current $1.83

Open
$1.811
Previous close
$1.81
Volume
18.06K
0.02× average
Average volume
1.04M
Average daily volume
Market cap
34.76M USD
Beta
2.2
Market reference 1
50-day average
$1.937
-5.52% below average
200-day average
$1.9251
-4.94% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.78M USD
P/E (TTM)
-0.76×
P/B (TTM)
0.62×
P/S (TTM)
-0.63×
EV / EBITDA
2.24×
Earnings yield
-226.32%
Free cash flow yield
-65.37%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
23.30%
Operating margin
47.08%
Net margin
75.83%
Return on equity
-89.56%
Return on assets
-65.55%
Return on invested capital
-18.75%

Financial health

Debt / equity
0.05×
Current ratio
1.93×
Altman Z-score
-19.44
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends47%-66%-179%-293%Gross margin, FY2021: 15.41%Gross margin, FY2022: 11.84%Gross margin, FY2023: 14.75%Gross margin, FY2024: 19.05%Gross margin, FY2025: 11.49%Operating margin, FY2021: -9.78%Operating margin, FY2022: -14.34%Operating margin, FY2023: -13.83%Operating margin, FY2024: -8.16%Operating margin, FY2025: -61.02%Net margin, FY2021: 4.37%Net margin, FY2022: -10.70%Net margin, FY2023: -14.98%Net margin, FY2024: -7.22%Net margin, FY2025: -264.29%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 15.41%. Gross margin FY2022 11.84%. Gross margin FY2023 14.75%. Gross margin FY2024 19.05%. Gross margin FY2025 11.49%. Operating margin FY2021 -9.78%. Operating margin FY2022 -14.34%. Operating margin FY2023 -13.83%. Operating margin FY2024 -8.16%. Operating margin FY2025 -61.02%. Net margin FY2021 4.37%. Net margin FY2022 -10.70%. Net margin FY2023 -14.98%. Net margin FY2024 -7.22%. Net margin FY2025 -264.29%.

Income trends

Revenue

23.32M USD-92.29%

Operating income

−14.23M USD+42.32%

Net income

−61.63M USD-182.16%
Income trends across reported periods371.14M USD213.77M USD56.4M USD−100.97M USDRevenue, FY2021: 312.41M USDRevenue, FY2022: 305.7M USDRevenue, FY2023: 331.8M USDRevenue, FY2024: 302.3M USDRevenue, FY2025: 23.32M USDOperating income, FY2021: −30.55M USDOperating income, FY2022: −43.83M USDOperating income, FY2023: −45.88M USDOperating income, FY2024: −24.67M USDOperating income, FY2025: −14.23M USDNet income, FY2021: 13.66M USDNet income, FY2022: −32.7M USDNet income, FY2023: −49.72M USDNet income, FY2024: −21.84M USDNet income, FY2025: −61.63M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 312.41M USD. Revenue FY2022 305.7M USD. Revenue FY2023 331.8M USD. Revenue FY2024 302.3M USD. Revenue FY2025 23.32M USD. Operating income FY2021 −30.55M USD. Operating income FY2022 −43.83M USD. Operating income FY2023 −45.88M USD. Operating income FY2024 −24.67M USD. Operating income FY2025 −14.23M USD. Net income FY2021 13.66M USD. Net income FY2022 −32.7M USD. Net income FY2023 −49.72M USD. Net income FY2024 −21.84M USD. Net income FY2025 −61.63M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue23.32M USD302.3M USD331.8M USD305.7M USD312.41M USD
Cost of goods sold20.64M USD244.71M USD282.86M USD269.5M USD264.26M USD
Gross profit2.68M USD57.59M USD48.94M USD36.2M USD48.15M USD
Research and development5.78M USD21.59M USD26M USD23.5M USD25.19M USD
Selling, general, and administrative15.44M USD50.36M USD60.51M USD52.12M USD49.79M USD
Operating expenses16.91M USD82.26M USD94.82M USD80.03M USD78.7M USD
Interest income1.26M USD1.16M USD2.69M USD1.41M USD360K USD
Interest expense613K USD2.8M USD2.98M USD3.35M USD4.94M USD
Depreciation and amortization515K USD8.66M USD12.49M USD11.33M USD14.04M USD
Operating income−14.23M USD−24.67M USD−45.88M USD−43.83M USD−30.55M USD
Net income−61.63M USD−21.84M USD−49.72M USD−32.7M USD13.66M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
-66.68%
11 comparable reports
Latest EPS result
-0.64
Estimate -0.35 · Miss by 81.13%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.12-0.79-1.46-2.13Q1 '25MissQ2 '25BeatQ3 '25MissQ4 '25BeatQ2 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 31, 2025: actual -0.59, estimate -0.24, surprise -145.83%, Miss. Q2 2025, reported May 13, 2025: actual -0.14, estimate -0.47, surprise +70.21%, Beat. Q3 2025, reported Aug 11, 2025: actual -1.98, estimate -0.29, surprise -582.76%, Miss. Q4 2025, reported Nov 10, 2025: actual -0.6, estimate -0.89, surprise +32.58%, Beat. Q2 2026, reported Apr 23, 2026: actual -0.65, estimate -0.467, surprise -39.28%, Miss. Q2 2026, reported May 14, 2026: actual -0.33, estimate -0.407, surprise +18.85%, Beat. Q3 2026, reported Aug 11, 2026: actual -0.64, estimate -0.353, surprise -81.13%, Miss. Q4 2026, reported Nov 9, 2026: actual —, estimate -0.3, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates81.44M54.61M27.77M935KQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ2 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 31, 2025: actual 75.09M USD, estimate 70.35M USD, surprise +6.74%, Beat. Q2 2025, reported May 13, 2025: actual 70.96M USD, estimate 70.96M USD, surprise -0.00%, Miss. Q3 2025, reported Aug 11, 2025: actual 12.5M USD, estimate 75.49M USD, surprise -83.44%, Miss. Q4 2025, reported Nov 10, 2025: actual 1.62M USD, estimate 1.13M USD, surprise +42.81%, Beat. Q2 2026, reported Apr 23, 2026: actual 1.88M USD, estimate 1.1M USD, surprise +70.91%, Beat. Q2 2026, reported May 14, 2026: actual 2.29M USD, estimate 2.2M USD, surprise +3.85%, Beat. Q3 2026, reported Aug 11, 2026: actual 2.72M USD, estimate 2.23M USD, surprise +21.66%, Beat. Q4 2026, reported Nov 9, 2026: actual —, estimate 2.4M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$13.00

610.38% upside
Past 12 months12-month forecastHigh $17.00Average $13.00Low $9.00

Rating distribution

22 ratings
Strong buy00%
Buy836%
Hold1255%
Sell29%
Strong sell00%

Recent analyst actions

2 institutions

WPRT news

Corporate actions

Corporate action history

Stock split

Effective Jun 6, 2023

1:10

Stock split

Effective Jul 24, 2008

2:7

WPRT peers

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