Company Analysis

Westport Fuel Systems Inc (WPRT)

Nasdaq: WPRT · Engines & Turbines · Vancouver, BC · filing with the SEC since 2006
Grade3.0
◀ Past 3.5● Present 2.7▶ Future 3.1
2 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedApr 23, 2026Mar 31, 2025Mar 25, 2024Mar 13, 2023Mar 14, 2022Mar 15, 2021Mar 17, 2020Mar 19, 2019Mar 23, 2018Mar 31, 2017
Revenue23,31840,698r68,154r305,698312,412252,497305,338270,283229,833167,181
For lenders
Net interest income·······4651,377-1,656
Cost of revenue20,63837,855r67,794r269,496264,260212,953237,086206,059169,552133,055
Gross profit2,6802,843r360r·······
Research and development5,7839,532r12,836r23,49725,19420,97625,17230,61950,133r55,452r
Sales and marketing1,4812,709r5,842r15,07313,49511,51016,38015,92315,817r18,184r
General and administrative13,95720,723r25,106r37,04236,29026,62941,33951,07547,399r44,777r
Total operating expenses13,45217,792r19,506r·······
Total costs and expenses16,90940,555r45,977r355,964342,958274,486326,731323,001296,521·
Operating income-14,229-37,712r-45,617r-50,266-30,546-21,989-21,393-52,718-66,688r-125,939r
Interest expense6131,083r1,724r3,3514,9377,9887,2659,13314,48710,773
Interest income (expense), net1,259-88r2,572r1,406360·····
Share of profit of equity-method investments-15,845-6,715r0r93033,74124,04726,74122,72812,5145,838
Other income (expense), net··08791,053r24,0654651,377·
Income before income taxes-29,428-30,752r-48,091r-31,2835,527-5,9282,148-38,658-67,284r-96,722r
Income tax expense143516r327r1,412-8,1311,4311,9602,112-4,4243,950r
Income from continuing operations-29,571-31,268-48,418··-7,359188-40,770-62,860r-100,672r
Income from discontinued operations-32,0559,427-1,300··0-1479,27852,881r3,099r
Net income including non-controlling interests·········-97,573
Net income-61,626-21,841-49,718-32,69513,658-7,35941-31,492-9,979-97,573
Earnings per share, basic-3.56-1.26r-2.90-1.91r0.90b-0.50b····
Earnings per share, diluted-3.56-1.26r-2.90-1.91r0.80b-0.50b····
Earnings per share, basic and diluted·····-0.50b0.00b-2.40b-0.80b-10.70b
Weighted average shares, basic17,343,59517,248,09017,173,01617,122,531r16,023,274b13,709,285b13,422,480b·11,955,857b9,102,850b
Weighted average shares, diluted17,343,59517,248,09017,173,01617,122,531r16,209,918b13,709,285b14,406,726b···
Weighted average shares, basic and diluted······13,422,480b13,237,140b11,955,857b9,102,850b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-10 reverse split of Dec 2025.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseDebt
us-gaap:InterestExpense
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton WPRT · research, not advice