Westport Fuel Systems Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	160.16	302.3	331.8	305.7	312.41	252.5
Revenue Growth (YoY)	-12.82%	-8.89%	8.54%	-2.15%	23.73%	-17.31%
Cost of Revenue	129.34	244.71	282.86	269.5	264.26	212.95
Gross Profit	71.65	57.59	48.94	36.2	48.15	39.54
Selling, General & Admin	29.18	50.36	60.51	52.12	49.79	38.14
Depreciation & Amortization Expenses	1.85	3.37	4.3	4.42	5.39	6.24
Research & Development	12.01	21.59	26	23.5	25.19	20.98
Other Operating Expenses	2.04	6.25	3.56	6.38	-1.53	-3.82
Total Operating Expenses	45.08	81.56	94.38	86.41	78.84	61.53
Operating Income	26.57	-23.97	-45.44	-50.2	-30.69	-21.99
Interest Income	-8.91	-4.24	3.47	2.34	34.1	24.05
Interest Expense	-1.66	-2.8	-2.98	-3.35	-4.94	-7.99
Other Non-Operating Income (Expense)	2.99	15.55	-2.88	20.06	6.76	-
Total Non-Operating Income (Expense)	-7.58	8.51	-2.39	19.05	35.93	16.06
Pretax Income	18.99	-15.46	-47.83	-31.16	5.24	-5.93
Provision for Income Taxes	2.5	4.98	1	1.41	-8.13	1.43
Net Income	-60.66	-21.84	-49.72	-32.7	13.66	-7.36
Earnings From Discontinued Operations	-32.61	-	-	-	-	-
Net Income to Common	-60.66	-21.84	-49.72	-32.7	13.66	-7.36
Shares Outstanding (Basic)	17	17	17	17	16	14
Shares Outstanding (Diluted)	17	17	17	17	16	14
Shares Change (YoY)	0.19%	0.44%	0.29%	5.63%	18.24%	-4.84%
EPS (Basic)	-1.81	-1.27	-2.90	-1.91	0.90	-0.50
EPS (Diluted)	-1.81	-1.27	-2.90	-1.91	0.80	-0.50
Shares Outstanding	17.35	17.28	17.17	17.13	17.08	14.41
Free Cash Flow	-8.44	-9.74	-28.77	-48.86	-57.95	-42.27
Free Cash Flow Per Share	-0.49	-0.56	-1.68	-2.85	-3.58	-3.08
Gross Margin	44.74%	19.05%	14.75%	11.84%	15.41%	15.66%
Operating Margin	16.59%	-7.93%	-13.69%	-16.42%	-9.82%	-8.71%
Profit Margin	10.30%	-6.76%	-14.72%	-10.65%	4.28%	-2.91%
FCF Margin	-5.27%	-3.22%	-8.67%	-15.98%	-18.55%	-16.74%
EBITDA	30.8	-15.31	-32.95	-38.4	-16.66	-7.96
EBITDA Margin	19.23%	-5.06%	-9.93%	-12.56%	-5.33%	-3.15%
EBIT	26.57	-23.97	-45.44	-50.2	-30.69	-21.99
EBIT Margin	16.59%	-7.93%	-13.69%	-16.42%	-9.82%	-8.71%
Effective Tax Rate	13.14%	-32.22%	-2.10%	-4.53%	-155.32%	-24.14%

Updated Nov 10, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q