WESTPORT FUEL SYSTEMS INC.WPRTEarnings & Financial Report
Westport Innovations is a company that develops alternative fuel, low-emissions technologies to allow engines to operate on clean-burning fuels such as compressed natural gas (CNG), liquefied natural gas (LNG), hydrogen and biofuels such as landfill gas. Headquartered in Vancouver, British Columbia, Canada, where the company was founded, Westport also has facilities in France, Sweden, Italy, China, Australia and the United States.
Revenue
$4.9M
Gross Profit
$663.0K
Operating Profit
$-2.1M
Net Profit
$-3.9M
Gross Margin
13.6%
Operating Margin
-43.9%
Net Margin
-79.3%
YoY Growth
N/A
EPS
$-0.22
WESTPORT FUEL SYSTEMS INC. Q3 FY2024 Financial Summary
WESTPORT FUEL SYSTEMS INC. reported revenue of $4.9M for Q3 FY2024, with a net profit of $-3.9M (-79.3% margin). Cost of goods sold was $4.2M, operating expenses totaled $2.8M.
Key Financial Metrics
| Total Revenue | $4.9M |
|---|---|
| Net Profit | $-3.9M |
| Gross Margin | 13.6% |
| Operating Margin | -43.9% |
| Report Period | Q3 FY2024 |
WESTPORT FUEL SYSTEMS INC. Quarterly Revenue & Net Profit History
WESTPORT FUEL SYSTEMS INC. results over the last 3 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2025 | $12.5M | -11.4% | $-34.3M | -274.8% |
| Q3 FY2024 | $4.9M | — | $-3.9M | -79.3% |
| Q2 FY2024 | $14.1M | — | $5.8M | 41.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q2 2025 | |
|---|---|---|---|
| Revenue | $14.1M | $4.9M | $12.5M |
| YoY Growth | N/A | N/A | -11.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q2 2025 | |
|---|---|---|---|
| Assets | N/A | N/A | $272.1M |
| Liabilities | N/A | N/A | $163.2M |
| Equity | $151.5M | $149.3M | $108.9M |
Cash Flow
| Q2 2024 | Q3 2024 | Q2 2025 | |
|---|---|---|---|
| Operating CF | $1.5M | $-11.7M | $-5.6M |