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Side-by-side financial comparison of Usio, Inc. (USIO) and WESTPORT FUEL SYSTEMS INC. (WPRT). Click either name above to swap in a different company.

Usio, Inc. is the larger business by last-quarter revenue ($22.2M vs $12.5M, roughly 1.8× WESTPORT FUEL SYSTEMS INC.). Usio, Inc. runs the higher net margin — -6.7% vs -274.8%, a 268.1% gap on every dollar of revenue. On growth, Usio, Inc. posted the faster year-over-year revenue change (8.2% vs -11.4%). Usio, Inc. produced more free cash flow last quarter ($1.1M vs $-6.4M).

Usio, Inc. is an American financial technology company headquartered in San Antonio, Texas. It provides integrated electronic payment services, including ACH processing, credit card and debit card acceptance, payment facilitation for software platforms, prepaid card issuing and a document print and mail operation.

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.

USIO vs WPRT — Head-to-Head

Bigger by revenue
USIO
USIO
1.8× larger
USIO
$22.2M
$12.5M
WPRT
Growing faster (revenue YoY)
USIO
USIO
+19.6% gap
USIO
8.2%
-11.4%
WPRT
Higher net margin
USIO
USIO
268.1% more per $
USIO
-6.7%
-274.8%
WPRT
More free cash flow
USIO
USIO
$7.5M more FCF
USIO
$1.1M
$-6.4M
WPRT

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
USIO
USIO
WPRT
WPRT
Revenue
$22.2M
$12.5M
Net Profit
$-1.5M
$-34.3M
Gross Margin
21.9%
6.7%
Operating Margin
-5.7%
-8.1%
Net Margin
-6.7%
-274.8%
Revenue YoY
8.2%
-11.4%
Net Profit YoY
-337.8%
-690.4%
EPS (diluted)
$-0.05
$-1.98

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
USIO
USIO
WPRT
WPRT
Q4 25
$22.2M
Q3 25
$21.2M
Q2 25
$20.0M
$12.5M
Q1 25
$22.0M
Q4 24
$20.6M
Q3 24
$21.3M
$4.9M
Q2 24
$20.1M
$14.1M
Q1 24
$21.0M
Net Profit
USIO
USIO
WPRT
WPRT
Q4 25
$-1.5M
Q3 25
$-415.1K
Q2 25
$-366.7K
$-34.3M
Q1 25
$-235.0K
Q4 24
$628.9K
Q3 24
$2.9M
$-3.9M
Q2 24
$75.5K
$5.8M
Q1 24
$-250.2K
Gross Margin
USIO
USIO
WPRT
WPRT
Q4 25
21.9%
Q3 25
23.0%
Q2 25
25.8%
6.7%
Q1 25
21.9%
Q4 24
24.6%
Q3 24
23.0%
13.6%
Q2 24
23.9%
16.7%
Q1 24
23.1%
Operating Margin
USIO
USIO
WPRT
WPRT
Q4 25
-5.7%
Q3 25
-2.2%
Q2 25
-2.0%
-8.1%
Q1 25
-1.1%
Q4 24
-2.9%
Q3 24
-1.8%
-43.9%
Q2 24
-1.0%
-54.9%
Q1 24
-1.3%
Net Margin
USIO
USIO
WPRT
WPRT
Q4 25
-6.7%
Q3 25
-2.0%
Q2 25
-1.8%
-274.8%
Q1 25
-1.1%
Q4 24
3.1%
Q3 24
13.4%
-79.3%
Q2 24
0.4%
41.2%
Q1 24
-1.2%
EPS (diluted)
USIO
USIO
WPRT
WPRT
Q4 25
$-0.05
Q3 25
$-0.02
Q2 25
$-0.01
$-1.98
Q1 25
$-0.01
Q4 24
$0.03
Q3 24
$0.10
$-0.22
Q2 24
$0.00
$0.34
Q1 24
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
USIO
USIO
WPRT
WPRT
Cash + ST InvestmentsLiquidity on hand
$7.4M
$6.1M
Total DebtLower is stronger
$1.4M
$977.0K
Stockholders' EquityBook value
$17.9M
$108.9M
Total Assets
$134.9M
$272.1M
Debt / EquityLower = less leverage
0.08×
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
USIO
USIO
WPRT
WPRT
Q4 25
$7.4M
Q3 25
$7.7M
Q2 25
$8.1M
$6.1M
Q1 25
$8.7M
Q4 24
$8.1M
Q3 24
$8.4M
Q2 24
$7.2M
Q1 24
$7.1M
Total Debt
USIO
USIO
WPRT
WPRT
Q4 25
$1.4M
Q3 25
$836.7K
Q2 25
$647.1K
$977.0K
Q1 25
$683.3K
Q4 24
$719.4K
Q3 24
$562.9K
Q2 24
$597.2K
Q1 24
$630.9K
Stockholders' Equity
USIO
USIO
WPRT
WPRT
Q4 25
$17.9M
Q3 25
$18.7M
Q2 25
$18.7M
$108.9M
Q1 25
$19.0M
Q4 24
$19.2M
Q3 24
$18.9M
$149.3M
Q2 24
$15.7M
$151.5M
Q1 24
$15.3M
Total Assets
USIO
USIO
WPRT
WPRT
Q4 25
$134.9M
Q3 25
$99.4M
Q2 25
$108.4M
$272.1M
Q1 25
$109.6M
Q4 24
$107.2M
Q3 24
$114.6M
Q2 24
$108.8M
Q1 24
$99.1M
Debt / Equity
USIO
USIO
WPRT
WPRT
Q4 25
0.08×
Q3 25
0.04×
Q2 25
0.03×
0.01×
Q1 25
0.04×
Q4 24
0.04×
Q3 24
0.03×
Q2 24
0.04×
Q1 24
0.04×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
USIO
USIO
WPRT
WPRT
Operating Cash FlowLast quarter
$1.5M
$-5.6M
Free Cash FlowOCF − Capex
$1.1M
$-6.4M
FCF MarginFCF / Revenue
4.8%
-51.6%
Capex IntensityCapex / Revenue
2.0%
6.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
USIO
USIO
WPRT
WPRT
Q4 25
$1.5M
Q3 25
$303.8K
Q2 25
$-263.9K
$-5.6M
Q1 25
$1.4M
Q4 24
$2.9M
Q3 24
$1.4M
$-11.7M
Q2 24
$369.1K
$1.5M
Q1 24
$88.7K
Free Cash Flow
USIO
USIO
WPRT
WPRT
Q4 25
$1.1M
Q3 25
$85.2K
Q2 25
$-503.2K
$-6.4M
Q1 25
$1.1M
Q4 24
$2.7M
Q3 24
$1.4M
$-11.9M
Q2 24
$246.3K
$262.0K
Q1 24
$-88.1K
FCF Margin
USIO
USIO
WPRT
WPRT
Q4 25
4.8%
Q3 25
0.4%
Q2 25
-2.5%
-51.6%
Q1 25
4.8%
Q4 24
13.1%
Q3 24
6.4%
-243.4%
Q2 24
1.2%
1.9%
Q1 24
-0.4%
Capex Intensity
USIO
USIO
WPRT
WPRT
Q4 25
2.0%
Q3 25
1.0%
Q2 25
1.2%
6.6%
Q1 25
1.4%
Q4 24
1.0%
Q3 24
0.3%
3.8%
Q2 24
0.6%
8.9%
Q1 24
0.8%
Cash Conversion
USIO
USIO
WPRT
WPRT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
4.61×
Q3 24
0.50×
Q2 24
4.89×
0.26×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

USIO
USIO

Credit Card Revenue$7.7M35%
ACH And Complementary Service Revenue$6.1M28%
Output Solutions$5.4M24%
Prepaid Card Services Revenue$2.6M12%

WPRT
WPRT

Segment breakdown not available.

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