Welcome to our dedicated page for Westport Fuel Systems news (Ticker: WPRT), a resource for investors and traders seeking the latest updates and insights on Westport Fuel Systems stock.
Westport Fuel Systems Inc. develops, manufactures and supplies alternative fuel systems and components for transportation applications. Its updates center on low-emissions powertrain technologies for natural gas, renewable natural gas and hydrogen, including HPDI™ fuel systems, high-pressure controls, compressed natural gas storage, and products used by OEMs and commercial transportation fleets.
Recurring news also covers Westport’s Heavy-Duty OEM activities, Cespira joint venture developments, financial results, completed Light-Duty business divestiture, production updates, and public-company reporting matters. Company disclosures have also addressed cybersecurity-related business continuity and securities-law reporting status, including management cease trade order updates tied to annual filing timing.
Westport (Nasdaq/TSX: WPRT) reported second quarter 2026 revenues of $2.7 million, down 78% from $12.5 million a year earlier, mainly due to the planned end of its Heavy-Duty OEM transitional service agreement with Cespira in Q2 2025. Gross profit was $0.1 million with a 5% margin.
Net loss from continuing operations widened to $11.4 million from $5.1 million, while adjusted EBITDA declined to negative $6.3 million from negative $1.0 million. Cash and cash equivalents were $23.9 million, and long-term debt fell to $1.0 million. In June, Westport completed a private placement for initial gross proceeds of about $10 million, with potential for another $10 million via warrants.
Cespira, Westport’s joint venture with Volvo Group, generated $27.1 million in Q2 2026 revenue, up 125%, and improved gross profit to $3.8 million from a $1.9 million loss, reducing its net loss and capital needs from partners. However, Westport disclosed that, under its current plan, existing cash is projected to be insufficient to fund operations for the next 12 months, raising substantial doubt about its ability to continue as a going concern.
Westport (TSX:WPRT, Nasdaq:WPRT) will release its Q2 2026 financial results on Tuesday, August 11, 2026, after market close. A conference call and webcast to review the results and other corporate developments will be held on Wednesday, August 12, 2026, at 9:30 a.m. ET (6:30 a.m. PT).
Investors can register via the provided call link up to 60 minutes before the event and access an archived webcast and replay through the company’s investor relations website.
Westport (TSX:WPRT / Nasdaq:WPRT) held its virtual Annual General and Special Meeting on June 30, 2026. Shareholders approved all resolutions, including election of six directors, auditor appointment, advisory vote on executive compensation, and a change of corporate name.
Director support ranged from 91.26% to 92.17%. Deloitte LLP was reappointed auditor with 97.82% of votes for. Executive compensation received 89.66% support, while the name change resolution was approved with 89.11% of votes cast.
Westport (Nasdaq:WPRT, TSX:WPRT) closed a registered direct offering and concurrent private placement totaling approximately US$10 million in gross proceeds. The company sold 1,600,000 common shares and 3,254,369 pre-funded warrants, plus private placement warrants to purchase up to 4,854,369 common shares at US$2.06.
Private placement warrants are immediately exercisable at US$2.06 for two years, subject to a 9.99% ownership cap. Westport plans to use net proceeds for working capital and general corporate purposes and could receive about US$10 million more if all private placement warrants are exercised in cash.
Westport (Nasdaq:WPRT) entered a definitive agreement for a US$10 million registered direct offering of 4,854,369 common shares (or pre-funded warrants) and a concurrent private placement of warrants to purchase up to 4,854,369 common shares at US$2.06 per unit.
The warrants are immediately exercisable at US$2.06, expire two years after issuance, and include a 9.99% ownership cap. Closing is expected on or about June 23, 2026. Westport plans to use net proceeds for working capital and general corporate purposes, and may receive about US$10 million more if warrants are fully exercised in cash.
Westport (Nasdaq: WPRT) announced that Cespira, its joint venture with Volvo Group, signed a development agreement with Volvo Group to apply Cespira’s HPDI™ hydrogen fuel system to Volvo’s 13-litre engine platform.
Volvo trucks using this hydrogen-fueled engine are in on-road testing, with a European certified commercial launch targeted before 2030.
Westport (TSX: WPRT, Nasdaq: WPRT) will hold its 2026 Annual General and Special Meeting virtually on June 30, 2026, at 10:00 a.m. PT (1:00 p.m. ET).
Shareholders are encouraged to vote in advance and can attend, vote, and submit questions online via live webcast.
Westport (Nasdaq:WPRT) reported Q1 2026 revenue of $2.3 million, down 69% year over year, with a net loss from continuing operations of $5.7 million and adjusted EBITDA of -$4.9 million. Cash stood at $24.5 million and debt at $1.9 million.
Cespira, the joint venture with Volvo Group, delivered 33% revenue growth to $22.2 million, with product revenue up 48% and a sharply reduced net loss. The High-Pressure Controls segment grew revenue 21%. Westport disclosed substantial doubt about its ability to continue as a going concern without new funding.
Westport (TSX:WPRT / Nasdaq: WPRT) will release Q1 2026 financial results on May 14, 2026 after market close and host a conference call and webcast on May 15, 2026 at 10:00 a.m. ET.
Registrants receive dial-in details and a unique PIN; the live webcast and an archived replay will be available at Westport's investor website.
Westport (TSX:WPRT) will demonstrate a next‑generation high‑pressure (~700 bar) CNG fuel storage system combined with Cespira’s on‑engine HPDI fuel system on a Volvo VNL 300 at ACT Expo 2026 (May 4‑7) in Las Vegas. The demo truck is rated at 500 hp, 1,850 lb‑ft and targets diesel‑comparable fuel efficiency and >600‑mile range.
The system enables HPDI performance on widely available CNG and supports future use of hydrogen or hydrogen blends with minimal hardware changes, positioning fleets for lower emissions and operational continuity.