What is Westport Fuel Systems Inc's earnings per share (EPS)?

Westport Fuel Systems Inc (WPRT) reported diluted earnings per share of -$3.56 for fiscal year 2025. This represents a -182.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Westport Fuel Systems Inc (WPRT) Financials

WPRT

FY2025 annual

Revenue $23.3M -42.7% YoY

Net Income -$61.6M -182.2% YoY

EPS (Diluted) -$3.56 -182.5% YoY

Free Cash Flow -$16.9M -602.4% YoY

Market Cap $35.1M as of Sep 2, 2026

Price / Sales 1.5x on $23.3M revenue, FY2025

Price / Earnings n/m net loss, so no earnings multiple, FY2025

Price / Book 0.5x on $68.8M equity, Q4 FY2025

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 2, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Apr 23, 2026 Currency USD FYE December

Newest figures come from the 20-F for FY2025, filed Apr 23, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WPRT SEC filings page.

Westport Fuel Systems Inc (WPRT) reported $23.3M in revenue for fiscal year 2025, down 42.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI WPRT FY2025 2026-08-30

Revenue contraction has not removed the fixed-cost burden; Westport’s operating losses and cash needs remain disproportionate to its smaller base.

Revenue contracted sharply from FY2024 to FY2025, yet gross margin rose from 7.0% to 11.5%; direct-cost economics improved even as volume shrank. Operating margin remained deeply negative at -61.0%, showing that the smaller sales base could not absorb the remaining operating cost structure.

FY2024 was a cash-conversion exception: operating cash flow reached $7.2M, and free cash flow was $3.4M. By FY2025, operating cash flow had turned to -$14.2M, while the reported liquidity comparison equaled 58.9 months of annual outflow—cash resources were present, but current operations were again consuming them.

Total assets dropped from $291.6M in FY2024 to $94.0M in FY2025, shrinking the capital base alongside sales. Long-term debt was $0 in FY2025, so the less-levered structure came with a much smaller business and a net loss of -$61.6M, not demonstrated profitability.

Financial Health Signals

Financial Health Score 52/100

Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Westport Fuel Systems Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway

Westport Fuel Systems Inc held $69.9M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $14.2M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Westport Fuel Systems Inc scores 69/100 among other emerging companies.

Dilution

Westport Fuel Systems Inc had 17M shares outstanding at the end of fiscal year 2025, against 17M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Westport Fuel Systems Inc scores 70/100 among other emerging companies.

R&D Intensity

Westport Fuel Systems Inc spent $5.8M on research and development in fiscal year 2025, which was 15.4% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and Westport Fuel Systems Inc scores 46/100 among other emerging companies.

Revenue Progress

Westport Fuel Systems Inc reported revenue of $23.3M in fiscal year 2025, against $40.7M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Westport Fuel Systems Inc scores 7/100 among other emerging companies.

Burn Trend

Westport Fuel Systems Inc's operations used $14.2M of cash in fiscal year 2025, against $7.2M generated in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Westport Fuel Systems Inc scores 40/100 among other emerging companies.

Balance Sheet

Westport Fuel Systems Inc's cash, cash equivalents and investments came to $69.9M at the end of fiscal year 2025, against $25.2M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Westport Fuel Systems Inc scores 81/100 among other emerging companies.

Altman Z-Score Distress

-16.40

Westport Fuel Systems Inc scores -16.40, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($35.1M) relative to total liabilities ($25.2M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

5/9

Westport Fuel Systems Inc passes 5 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality No Cash Backing

N/A

Westport Fuel Systems Inc reported a net loss of $61.6M while operations used $14.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

Westport Fuel Systems Inc reported an operating loss of $14.2M against $613K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

EPS (Diluted)

-$0.65

YoY-12.1%

QoQ+17.7%

Westport Fuel Systems Inc earned -$0.65 per diluted share (EPS) in Q4 2025. This represents a decrease of 12.1% from the same quarter a year earlier. Against the prior quarter it is up 17.7%.

Revenue

Not reported for Q4 2025.

EBITDA

Not reported for Q4 2025.

Net Income

Not reported for Q4 2025.

Cash & Balance Sheet

Free Cash Flow

$3.7M

YoY-81.2%

QoQ+173.6%

Westport Fuel Systems Inc generated $3.7M in free cash flow in Q4 2025, representing cash available after capex. This represents a decrease of 81.2% from the same quarter a year earlier. Against the prior quarter it is up 173.6%.

Cash & Debt

$27.2M

YoY+84.1%

QoQ-17.9%

Westport Fuel Systems Inc held $27.2M in cash against $0 in long-term debt as of Q4 2025.

Shares Outstanding

17M

YoY+0.5%

QoQ0.0%

Westport Fuel Systems Inc had 17M shares outstanding in Q4 2025. This represents an increase of 0.5% from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q4 2025.

Margins & Returns

None of these metrics is reported for Q4 2025.

Capital Allocation

Capital Expenditures

$784K

YoY-51.7%

QoQ+52.5%

Westport Fuel Systems Inc invested $784K in capex in Q4 2025, funding long-term assets and infrastructure. This represents a decrease of 51.7% from the same quarter a year earlier. Against the prior quarter it is up 52.5%.

R&D Spending

Not reported for Q4 2025.

Share Buybacks

Not reported for Q4 2025.

WPRT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WPRT quarterly income statement

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$23.3M-42.7%	$40.7M-40.3%	$68.2M-77.7%	$305.7M-2.1%	$312.4M+23.7%	$252.5M-17.3%	$305.3M+13.0%	$270.3M-52.1%	$564.4M+16.7%	$483.8M-22.1%	$621.2M+375.7%	$130.6M-20.4%	$164.0M+5.4%	$155.6M+323.2%	$36.8M
Cost of Revenue	$20.6M-45.5%	$37.9M-44.2%	$67.8M-74.8%	$269.5M+2.0%	$264.3M+24.1%	$213.0M-10.2%	$237.1M+15.1%	$206.1M+21.5%	$169.6M+27.4%	$133.1M-37.7%	$213.6M-26.2%	$289.3M-19.3%	$358.2M+35.7%	$263.9M+211.5%	$84.7M
Gross Profit	$2.7M-5.7%	$2.8M+689.7%	$360K-99.0%	$36.2M-24.8%	$48.2M+21.8%	$39.5M-42.1%	$68.3M+6.3%	$64.2M-83.7%	$394.8M+12.6%	$350.7M-13.9%	$407.6M+356.9%	-$158.7M+18.3%	-$194.2M-79.3%	-$108.3M-125.8%	-$48.0M
R&D Expenses	$5.8M-39.3%	$9.5M-25.7%	$12.8M-45.4%	$23.5M-6.7%	$25.2M+20.1%	$21.0M-16.7%	$25.2M-17.8%	$30.6M-38.9%	$50.1M-9.6%	$55.5M+5.1%	$52.8M-31.1%	$76.6M-16.0%	$91.1M+24.5%	$73.2M+197.3%	$24.6M
SG&A Expenses	$14.0M-32.6%	$20.7M-17.5%	$25.1M-32.2%	$37.0M+2.1%	$36.3M+36.3%	$26.6M-35.6%	$41.3M-19.1%	$51.1M+7.8%	$47.4M+5.9%	$44.8M+27.2%	$35.2M-12.7%	$40.3M-13.2%	$46.5M+3.7%	$44.8M+198.1%	$15.0M
Operating Income	-$14.2M+62.3%	-$37.7M+17.3%	-$45.6M+9.2%	-$50.3M-64.6%	-$30.5M-38.9%	-$22.0M-2.8%	-$21.4M+59.4%	-$52.7M+20.9%	-$66.7M+47.0%	-$125.9M-14.2%	-$110.3M+30.5%	-$158.7M+18.3%	-$194.2M-79.3%	-$108.3M-125.8%	-$48.0M
EBITDA	-$13.5M+62.0%	-$35.5M+10.7%	-$39.8M-3.5%	-$38.5M-133.0%	-$16.5M-107.6%	-$8.0M-57.4%	-$5.1M+86.0%	-$36.2M+30.3%	-$51.9M+53.0%	-$110.6M-14.5%	-$96.6M+31.0%	-$140.0M+21.3%	-$177.9M-83.6%	-$96.9M-117.3%	-$44.6M
Interest Expense	$613K-43.4%	$1.1M-63.7%	$3.0M-11.0%	$3.4M-32.1%	$4.9M-38.2%	$8.0M+10.0%	$7.3M-20.5%	$9.1M-37.0%	$14.5M+34.5%	$10.8M+94.8%	$5.5M-5.5%	$5.8M+22.1%	$4.8M-10.6%	$5.4M+61.1%	$3.3M
Income Tax	$143K-72.3%	$516K+57.8%	$327K-76.8%	$1.4M+117.4%	-$8.1M-668.2%	$1.4M-27.0%	$2.0M-7.2%	$2.1M+147.7%	-$4.4M-212.0%	$4.0M+440.4%	$731K+226.3%	-$579K-166.3%	$873K-49.8%	$1.7M+312.8%	$421K
Net Income	-$61.6M-182.2%	-$21.8M+56.1%	-$49.7M-52.1%	-$32.7M-339.4%	$13.7M+285.6%	-$7.4M-18048.8%	$41K+100.1%	-$31.5M-215.6%	-$10.0M+89.8%	-$97.6M+1.6%	-$99.2M+33.0%	-$148.0M+20.2%	-$185.4M-87.7%	-$98.8M-134.4%	-$42.1M
EPS (Basic)	-$3.56-182.5%	-$1.26+56.6%	-$2.90-51.8%	-$1.91-2222.2%	$0.09+280.0%	-$0.05	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	-$3.56-182.5%	-$1.26+56.6%	-$2.90-51.8%	-$1.91	$0.08+260.0%	-$0.05	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	17M+0.6%	17M+0.4%	17M+0.3%	17M	162M+18.2%	137M-4.8%	144M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'2520-F	Q3'256-K	Q2'256-K/A	Q4'2420-F	Q3'246-K	Q2'246-K/A	Q4'2310-K	Q4'2210-K
Revenue	N/A	$1.6M-66.8%	$12.5M-11.4%	N/A	$4.9M	$14.1M	N/A	N/A
Cost of Revenue	N/A	$1.1M-72.8%	$11.7M-0.8%	N/A	$4.2M	$11.8M	N/A	N/A
Gross Profit	N/A	$472K-28.8%	$842K-64.3%	N/A	$663K	$2.4M	N/A	N/A
R&D Expenses	N/A	$2.3M+269.3%	$1.6M-54.5%	N/A	$628K	$3.5M	N/A	N/A
SG&A Expenses	N/A	$4.1M+20.9%	$4.1M-28.2%	N/A	$3.4M	$5.7M	N/A	N/A
Operating Income	N/A	-$7.7M-259.9%	-$1.0M+87.0%	N/A	-$2.1M	-$7.7M	N/A	N/A
EBITDA	N/A	-$7.5M-293.2%	-$791K+89.6%	N/A	-$1.9M	-$7.6M	N/A	N/A
Interest Expense	N/A	$142K-44.7%	$166K-42.4%	N/A	$257K	$288K	N/A	N/A
Income Tax	N/A	$14K-96.7%	$44K-48.2%	N/A	$430K	$85K	N/A	N/A
Net Income	N/A	-$13.7M-254.9%	-$34.3M-690.4%	N/A	-$3.9M	$5.8M	N/A	N/A
EPS (Basic)	-$0.65-12.1%	-$0.79-259.1%	-$1.98-682.4%	-$0.58	-$0.22	$0.34	N/A	N/A
EPS (Diluted)	-$0.65-12.1%	-$0.79-259.1%	-$1.98-682.4%	-$0.58	-$0.22	$0.34	N/A	N/A
Diluted Shares (Avg)	N/A	17M+0.5%	17M-0.9%	N/A	17M	17M	N/A	N/A

WPRT Balance Sheet

WPRT quarterly balance sheet

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$94.0M-67.8%	$291.6M-18.0%	$355.7M-12.7%	$407.5M-13.5%	$471.3M+36.1%	$346.3M+23.7%	$279.9M+3.7%	$269.9M-13.9%	$313.6M-5.4%	$331.5M+55.1%	$213.7M-36.4%	$335.8M-31.7%	$491.7M+0.3%	$490.1M+79.3%	$273.4M
Current Assets	$41.6M-75.5%	$169.9M-21.6%	$216.8M-21.8%	$277.2M-18.1%	$338.6M+48.0%	$228.8M+36.0%	$168.2M-0.5%	$169.1M-16.0%	$201.2M-5.9%	$213.8M+103.0%	$105.3M-43.8%	$187.3M-41.4%	$319.7M+0.3%	$318.8M	N/A
Cash & Equivalents	$27.2M+84.1%	$14.8M+20.7%	$12.2M-85.8%	$86.2M-31.0%	$124.9M+94.3%	$64.3M+39.7%	$46.0M-24.7%	$61.1M-14.9%	$71.8M+18.0%	$60.9M+118.8%	$27.8M-70.2%	$93.3M-47.7%	$178.5M-5.5%	$189.0M+43.7%	$131.5M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$848K+21.8%	$696K-3.7%	$723K-97.7%	$32.1M+19.3%	$26.9M	$0
Inventory	$3.0M-54.5%	$6.7M-90.1%	$67.5M-17.3%	$81.6M-1.8%	$83.1M+61.7%	$51.4M+7.5%	$47.8M+3.9%	$46.0M+0.6%	$45.7M-14.2%	$53.3M+49.5%	$35.7M-14.7%	$41.8M+2.9%	$40.6M-9.6%	$44.9M+167.5%	$16.8M
Accounts Receivable	$10.2M-45.7%	$18.7M-78.7%	$88.1M-13.3%	$101.6M+0.1%	$101.5M+12.2%	$90.5M+35.1%	$67.0M+17.2%	$57.1M-7.7%	$61.9M-7.1%	$66.7M+73.9%	$38.3M-18.2%	$46.8M-21.0%	$59.3M+34.2%	$44.2M+177.3%	$15.9M
Long-Term Investments	$42.7M+14629.0%	$290K-52.4%	$609K+107.1%	$294K-92.3%	$3.8M+23.8%	$3.1M-70.8%	$10.6M+20.1%	$8.8M-5.2%	$9.3M-30.7%	$13.4M-61.8%	$35.1M+5.5%	$33.3M+50.6%	$22.1M+15.7%	$19.1M+240.1%	$5.6M
Goodwill	N/A	$2.9M-6.2%	$3.1M+3.7%	$3.0M-5.2%	$3.1M-8.1%	$3.4M+9.2%	$3.1M-1.9%	$3.2M-4.6%	$3.3M+13.7%	$2.9M-2.8%	$3.0M-87.1%	$23.4M-43.7%	$41.5M-27.0%	$56.9M+593.5%	$8.2M
Total Liabilities	$25.2M-83.7%	$154.6M-20.8%	$195.3M-4.0%	$203.5M-13.4%	$234.9M-3.0%	$242.2M+27.1%	$190.6M+6.3%	$179.3M-8.4%	$195.6M-20.5%	$246.0M+73.2%	$142.1M-15.4%	$167.8M-0.5%	$168.8M+9.6%	$154.0M+66.9%	$92.3M
Current Liabilities	$21.5M-80.1%	$108.4M-19.6%	$134.8M-0.5%	$135.5M-7.5%	$146.4M-0.4%	$147.0M+28.3%	$114.6M+9.5%	$104.6M-13.0%	$120.3M-24.7%	$159.7M+118.7%	$73.0M-15.0%	$85.9M-31.2%	$125.0M+55.3%	$80.5M	N/A
Non-Current Liabilities	$3.6M-92.1%	$46.2M-23.6%	$60.5M-11.0%	$68.0M-23.2%	$88.4M-7.1%	$95.2M+25.3%	$76.0M+1.8%	$74.6M-0.9%	$75.3M-12.7%	$86.3M+25.0%	$69.0M-15.7%	$81.9M+87.0%	$43.8M-40.4%	$73.5M	N/A
Long-Term Debt	$0-100.0%	$2.9M-90.5%	$31.0M-3.8%	$32.2M-28.7%	$45.1M-1.2%	$45.7M+29.3%	$35.3M-21.5%	$45.0M-1.0%	$45.4M+46.9%	$30.9M-42.9%	$54.2M-6.1%	$57.7M+344.6%	$13.0M-75.1%	$52.2M+420.9%	$10.0M
Total Equity	$68.8M-49.8%	$137.0M-14.6%	$160.4M-21.3%	$204.0M-13.7%	$236.4M+127.2%	$104.1M+16.5%	$89.4M-1.5%	$90.7M-23.2%	$118.0M+38.1%	$85.4M+19.3%	$71.6M-58.6%	$172.8M-47.0%	$326.1M-3.0%	$336.1M+85.6%	$181.1M
Retained Earnings	-$1.2B-5.6%	-$1.1B-2.0%	-$1.1B-4.9%	-$1.0B-3.3%	-$992.0M+1.4%	-$1.0B-0.7%	-$998.3M0.0%	-$998.4M-3.3%	-$966.9M-1.0%	-$956.9M-11.4%	-$859.3M-12.3%	-$765.0M-24.3%	-$615.3M-43.1%	-$429.9M	N/A

Metric	Q4'2520-F	Q3'256-K	Q2'256-K/A	Q4'2420-F	Q3'246-K	Q2'246-K/A	Q4'2310-K	Q4'2210-K
Total Assets	$94.0M-67.8%	$104.1M	$272.1M	$291.6M-18.0%	N/A	N/A	$355.7M-12.7%	$407.5M-13.5%
Current Assets	$41.6M-75.5%	$50.8M	$228.0M	$169.9M-21.6%	N/A	N/A	$216.8M-21.8%	$277.2M-18.1%
Cash & Equivalents	$27.2M+84.1%	$33.1M+159.0%	$6.1M-55.0%	$14.8M+20.7%	$12.8M	$13.5M	$12.2M-85.8%	$86.2M-31.0%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$3.0M-54.5%	$3.4M	$2.9M	$6.7M-90.1%	N/A	N/A	$67.5M-17.3%	$81.6M-1.8%
Accounts Receivable	$10.2M-45.7%	$13.2M	$16.6M	$18.7M-78.7%	N/A	N/A	$88.1M-13.3%	$101.6M+0.1%
Long-Term Investments	$42.7M+14629.0%	$44.1M	$37.1M	$290K-52.4%	$0	$0	$609K+107.1%	$294K-92.3%
Goodwill	N/A	N/A	N/A	$2.9M-6.2%	N/A	N/A	$3.1M+3.7%	$3.0M-5.2%
Total Liabilities	$25.2M-83.7%	$23.9M	$163.2M	$154.6M-20.8%	N/A	N/A	$195.3M-4.0%	$203.5M-13.4%
Current Liabilities	$21.5M-80.1%	$21.3M	$159.5M	$108.4M-19.6%	N/A	N/A	$134.8M-0.5%	$135.5M-7.5%
Non-Current Liabilities	$3.6M-92.1%	$2.6M	$3.7M	$46.2M-23.6%	N/A	N/A	$60.5M-11.0%	$68.0M-23.2%
Long-Term Debt	$0-100.0%	$0	$977K	$2.9M-90.5%	N/A	N/A	$31.0M-3.8%	$32.2M-28.7%
Total Equity	$68.8M-49.8%	$80.2M-46.3%	$108.9M-28.1%	$137.0M-14.6%	$149.3M	$151.5M	$160.4M-21.3%	$204.0M-13.7%
Retained Earnings	-$1.2B-5.6%	-$1.1B	-$1.1B	-$1.1B-2.0%	N/A	N/A	-$1.1B-4.9%	-$1.0B-3.3%

WPRT Cash Flow Statement

WPRT quarterly cash flow statement

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$14.2M-298.3%	$7.2M+154.5%	-$13.2M+61.9%	-$34.6M+21.0%	-$43.8M-24.6%	-$35.1M-124.1%	-$15.7M+42.8%	-$27.4M+44.5%	-$49.5M+39.5%	-$81.8M-18.4%	-$69.1M+35.3%	-$106.8M+8.6%	-$116.8M-38.1%	-$84.5M-119.9%	-$38.4M
Depreciation & Amortization	$735K-66.3%	$2.2M-62.5%	$5.8M-50.7%	$11.8M-15.9%	$14.0M0.0%	$14.0M-14.1%	$16.3M-1.0%	$16.5M+12.0%	$14.7M-3.8%	$15.3M+12.2%	$13.7M-26.9%	$18.7M+14.6%	$16.3M+42.9%	$11.4M+237.6%	$3.4M
Stock-Based Compensation	$808K+5.5%	$766K-39.5%	$1.3M-38.7%	$2.1M+8.1%	$1.9M-19.3%	$2.4M+60.7%	$1.5M-51.5%	$3.0M-56.3%	$7.0M-33.4%	$10.4M-29.7%	$14.9M+53.6%	$9.7M-32.2%	$14.3M+14.6%	$12.5M+153.3%	$4.9M
Capital Expenditures	$2.7M-29.4%	$3.8M-41.2%	$6.5M-54.5%	$14.2M+0.6%	$14.2M+98.8%	$7.1M-19.6%	$8.9M-13.8%	$10.3M-59.4%	$25.3M+192.2%	$8.7M+78.6%	$4.8M-52.7%	$10.2M-61.3%	$26.4M-12.9%	$30.4M+857.5%	$3.2M
Free Cash Flow	-$16.9M-602.4%	$3.4M+117.1%	-$19.7M+59.7%	-$48.9M+15.7%	-$58.0M-37.1%	-$42.3M-72.2%	-$24.5M+34.9%	-$37.7M+49.5%	-$74.7M+17.3%	-$90.4M-22.3%	-$73.9M+36.8%	-$117.0M+18.3%	-$143.2M-24.7%	-$114.9M-176.1%	-$41.6M
Investing Cash Flow	N/A	$4.5M+129.0%	-$15.4M-187.3%	$17.6M+670.6%	$2.3M-83.5%	$13.8M-14.5%	$16.2M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	-$25.2M-1033.5%	-$2.2M+88.5%	-$19.4M-118.5%	$104.7M+163.9%	$39.7M+368.8%	-$14.8M-81.3%	-$8.1M+42.9%	-$14.3M	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'2520-F	Q3'256-K	Q2'256-K/A	Q4'2420-F	Q3'246-K	Q2'246-K/A	Q4'2310-K	Q4'2210-K
Operating Cash Flow	$4.5M-78.9%	-$4.5M+61.8%	-$5.6M-468.9%	$21.1M	-$11.7M	$1.5M	N/A	N/A
Depreciation & Amortization	$166K+82.4%	$172K-23.6%	$219K+29.6%	$91K	$225K	$169K	N/A	N/A
Stock-Based Compensation	N/A	$397K+113.4%	$126K-43.2%	N/A	$186K	$222K	N/A	N/A
Capital Expenditures	$784K-51.7%	$514K+180.9%	$822K-34.9%	$1.6M	$183K	$1.3M	N/A	N/A
Free Cash Flow	$3.7M-81.2%	-$5.0M+58.0%	-$6.4M-2559.5%	$19.5M	-$11.9M	$262K	N/A	N/A

Not reported in any period shown, so not listed: Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.

WPRT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WPRT quarterly financial ratios

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	11.5%+4.5pp	7.0%+6.5pp	0.5%-11.3pp	11.8%-3.6pp	15.4%-0.3pp	15.7%-6.7pp	22.4%-1.4pp	23.8%-46.2pp	70.0%-2.5pp	72.5%+6.9pp	65.6%	-121.5%	-118.4%	-69.6%	-130.4%
Operating Margin	-61.0%+31.6pp	-92.7%-25.7pp	-66.9%-50.5pp	-16.4%-6.7pp	-9.8%-1.1pp	-8.7%-1.7pp	-7.0%+12.5pp	-19.5%-7.7pp	-11.8%+14.2pp	-26.0%-8.3pp	-17.8%	-121.5%	-118.4%	-69.6%	-130.4%
Net Margin	-264.3%	-53.7%+19.3pp	-73.0%-62.3pp	-10.7%-15.1pp	4.4%+7.3pp	-2.9%-2.9pp	0.0%+11.7pp	-11.7%-9.9pp	-1.8%+18.4pp	-20.2%-4.2pp	-16.0%	-113.3%	-113.0%	-63.5%	-114.6%
Return on Equity	-89.6%-73.6pp	-15.9%+15.1pp	-31.0%-15.0pp	-16.0%-21.8pp	5.8%+12.8pp	-7.1%-7.1pp	0.1%+34.8pp	-34.7%-26.3pp	-8.5%+105.7pp	-114.2%+24.2pp	-138.4%-52.8pp	-85.6%-28.8pp	-56.9%-27.5pp	-29.4%-6.1pp	-23.3%
Return on Assets	-65.5%-58.1pp	-7.5%+6.5pp	-14.0%-6.0pp	-8.0%-10.9pp	2.9%+5.0pp	-2.1%-2.1pp	0.0%+11.7pp	-11.7%-8.5pp	-3.2%+26.3pp	-29.4%+17.0pp	-46.4%-2.3pp	-44.1%-6.3pp	-37.7%-17.6pp	-20.2%-4.7pp	-15.4%
Current Ratio	1.93+0.4x	1.570.0x	1.61-0.4x	2.05-0.3x	2.31+0.8x	1.56+0.1x	1.47-0.1x	1.62-0.1x	1.67+0.3x	1.34-0.1x	1.44-0.7x	2.18-0.4x	2.56-1.4x	3.96	N/A
Debt-to-Equity	0.000.0x	0.02-0.2x	0.190.0x	0.160.0x	0.19-0.2x	0.440.0x	0.40-0.1x	0.50+0.1x	0.380.0x	0.36-0.4x	0.76+0.4x	0.33+0.3x	0.04-0.1x	0.16+0.1x	0.06
Asset Turnover	0.25+0.1x	0.14-0.1x	0.19-0.6x	0.75+0.1x	0.66-0.1x	0.73-0.4x	1.09+0.1x	1.00-0.8x	1.80+0.3x	1.46-1.4x	2.91+2.5x	0.39+0.1x	0.330.0x	0.32+0.2x	0.13
FCF Margin	-72.6%-80.9pp	8.3%+37.1pp	-28.9%-12.9pp	-16.0%+2.6pp	-18.6%-1.8pp	-16.7%-8.7pp	-8.0%+5.9pp	-14.0%-0.7pp	-13.2%+5.5pp	-18.7%-6.8pp	-11.9%+77.7pp	-89.6%-2.3pp	-87.3%-13.5pp	-73.8%	-113.2%

Metric	Q4'2520-F	Q3'256-K	Q2'256-K/A	Q4'2420-F	Q3'246-K	Q2'246-K/A	Q4'2310-K	Q4'2210-K
Gross Margin	N/A	29.2%+15.6pp	6.7%-10.0pp	N/A	13.6%	16.7%	N/A	N/A
Operating Margin	N/A	-476.8%	-8.1%+46.8pp	N/A	-43.9%	-54.9%	N/A	N/A
Net Margin	N/A	-848.9%	-274.8%	N/A	-79.3%	41.2%	N/A	N/A
Return on Equity	N/A	-17.1%-14.5pp	-31.5%-35.4pp	N/A	-2.6%	3.8%	N/A	N/A
Return on Assets	N/A	-13.2%	-12.6%	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.93+0.4x	2.39	1.43	1.570.0x	N/A	N/A	1.61-0.4x	2.05-0.3x
Debt-to-Equity	0.000.0x	0.00	0.01	0.02-0.2x	N/A	N/A	0.190.0x	0.160.0x
Asset Turnover	N/A	0.02	0.05	N/A	N/A	N/A	N/A	N/A
FCF Margin	N/A	-308.0%	-51.6%-53.4pp	N/A	-243.4%	1.9%	N/A	N/A

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Westport Fuel Systems Inc WPRT	FY2025	$23.3M	-$61.6M	N/A	$35.1M	52/100
Sypris Solution SYPR	FY2025	$119.9M	-$6K	0.0%	$42.4M	29/100
Carparts Com Inc PRTS	FY2025	$547.5M	-$50.4M	-9.2%	$57.5M	24/100
Greenland Technologies Hldg GTEC	FY2025	$90.7M	$4.9M	5.4%	$23.0M	60/100
Worksport Ltd WKSP	FY2025	$16.1M	$16.1M	100.0%	$8.9M	48/100
Ree Automotive REE	FY2025	$1.3M	-$55.8M	N/A	$2.2M	38/100

Where Westport Fuel Systems Inc Ranks

Frequently Asked Questions

What is Westport Fuel Systems Inc's annual revenue?

Westport Fuel Systems Inc (WPRT) reported $23.3M in total revenue for fiscal year 2025. This represents a -42.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Westport Fuel Systems Inc's revenue growing?

Westport Fuel Systems Inc (WPRT) revenue declined by 42.7% year-over-year, from $40.7M to $23.3M in fiscal year 2025.

Is Westport Fuel Systems Inc profitable?

No, Westport Fuel Systems Inc (WPRT) reported a net income of -$61.6M in fiscal year 2025.

What is Westport Fuel Systems Inc's EBITDA?

Westport Fuel Systems Inc (WPRT) had EBITDA of -$13.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Westport Fuel Systems Inc have?

As of fiscal year 2025, Westport Fuel Systems Inc (WPRT) had $27.2M in cash and equivalents against $0 in long-term debt.

What is Westport Fuel Systems Inc's gross margin?

Westport Fuel Systems Inc (WPRT) had a gross margin of 11.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Westport Fuel Systems Inc's operating margin?

Westport Fuel Systems Inc (WPRT) had an operating margin of -61.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Westport Fuel Systems Inc's return on equity (ROE)?

Westport Fuel Systems Inc (WPRT) has a return on equity of -89.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Westport Fuel Systems Inc's free cash flow?

Westport Fuel Systems Inc (WPRT) recorded an outflow of $16.9M in free cash flow during fiscal year 2025. This represents a -602.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Westport Fuel Systems Inc's operating cash flow?

Westport Fuel Systems Inc (WPRT) recorded an outflow of $14.2M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Westport Fuel Systems Inc's total assets?

Westport Fuel Systems Inc (WPRT) had $94.0M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Westport Fuel Systems Inc's capital expenditures?

Westport Fuel Systems Inc (WPRT) invested $2.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Westport Fuel Systems Inc spend on research and development?

Westport Fuel Systems Inc (WPRT) invested $5.8M in research and development during fiscal year 2025.

How many shares does Westport Fuel Systems Inc have outstanding?

Westport Fuel Systems Inc (WPRT) had 17M shares outstanding as of fiscal year 2025.

What is Westport Fuel Systems Inc's current ratio?

Westport Fuel Systems Inc (WPRT) had a current ratio of 1.93 as of fiscal year 2025, which is generally considered healthy.

What is Westport Fuel Systems Inc's debt-to-equity ratio?

Westport Fuel Systems Inc (WPRT) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Westport Fuel Systems Inc's return on assets (ROA)?

Westport Fuel Systems Inc (WPRT) had a return on assets of -65.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Westport Fuel Systems Inc's P/E ratio?

Westport Fuel Systems Inc (WPRT) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $35.1M as of Sep 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Westport Fuel Systems Inc's price-to-sales ratio?

Westport Fuel Systems Inc (WPRT) trades at 1.5x sales, its market capitalization divided by revenue of $23.3M revenue, FY2025. The market capitalization is $35.1M as of Sep 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does Westport Fuel Systems Inc's liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, Westport Fuel Systems Inc (WPRT) held $69.9M in cash, cash equivalents and investments, and reported an operating cash outflow of $14.2M over that year. Dividing the one by the other, the reported balance equals about 59 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is Westport Fuel Systems Inc's Altman Z-Score?

Westport Fuel Systems Inc (WPRT) has an Altman Z-Score of -16.40, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Westport Fuel Systems Inc's Piotroski F-Score?

Westport Fuel Systems Inc (WPRT) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Westport Fuel Systems Inc's earnings high quality?

Westport Fuel Systems Inc (WPRT) reported a net loss of $61.6M while operations used $14.2M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Westport Fuel Systems Inc cover its interest payments?

Westport Fuel Systems Inc (WPRT) reported an operating loss of $14.2M against $613K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Westport Fuel Systems Inc?

Westport Fuel Systems Inc (WPRT) scores 52 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.