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WPRT Financials WESTPORT FUEL SYSTEMS INC.

12 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has declined 37.9% per year over the past 5 years.
  • Operating margin has contracted, at -61.0% in the latest year.

Financial health

  • The company holds more cash ($27M) than total debt ($3M).
  • Total debt has grown slower than revenue (-52.8% vs -37.9% per year).
  • The company is unprofitable; at its current free-cash-flow burn it has roughly 1.6 years of cash runway.
Revenue & net income
-$148M $82M $312M $0 2014 2016 2018 2020 2022 2024
RevenueNet income
Margins (gross / operating / net)
-264% -119% 26% 0% 2014 2016 2018 2020 2022 2024
GrossOperatingNet
Free cash flow (CFO − capex)
-$117M -$59M $0 2014 2016 2018 2020 2022 2024
Free cash flow
Cash vs total debt
$0 $62M $125M 2014 2016 2018 2020 2022 2024
CashTotal debt
Cash flow: operating / investing / financing
-$107M -$15M $76M $0 2014 2016 2018 2020 2022 2024
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $23M -$62M 11.5% -61.0% -$17M $3M $27M
2024 $41M -$22M 7.0% -92.7% -$10M $34M $15M
2023 $68M -$50M 0.5% -66.9% -$46M $60M $12M
2022 $306M -$33M 11.8% -16.4% $86M
2021 $312M $14M 15.4% -9.8% $125M
2020 $252M -$7M 15.7% -8.7% -$42M $125M $64M
2019 $305M $41000 22.4% -7.0% -$25M $71M $46M
2018 $270M -$31M 23.8% -19.5% -$38M $76M $61M
2017 $230M -$10M 26.2% -29.0% -$75M $72M
2016 $167M -$98M 20.4% -75.3% -$90M $61M
2015 -$99M -$74M $9M
2014 -$148M -$117M $16M

Valuation over time

How the market has priced WPRT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 0.9 1.8 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is WPRT growing its revenue and profit?

Over the past 5 years, WESTPORT FUEL SYSTEMS INC.'s revenue has declined 37.9% per year. These are computed facts, not advice.

How much debt does WPRT have?

As of FY2025, WESTPORT FUEL SYSTEMS INC. reported $3M of total debt against $27M of cash.

What is WPRT's profit margin?

In FY2025, gross margin was 11.5%, operating margin -61.0%, and net margin -264.3%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.