The earnings call reflected a mixed sentiment. While there were significant achievements such as the increase in Cespira's revenue, improved gross margin, and a strong cash position, these were counterbalanced by declines in overall revenue, increased net loss, negative adjusted EBITDA, and foreign exchange losses. The strategic shift towards heavy-duty systems is promising, but challenges remain.
Company Guidance
During Westport's Q3 2025 conference call, the company reported a revenue of $1.6 million, marking a decline from the previous year's $4.9 million due to strategic changes, including the divestiture of its light-duty business. However, Cespira's revenue increased by 19% to $19.3 million, driven by higher volumes. The company faced a net loss of $10.4 million from continuing operations, influenced by an increase in R&D and SG&A costs, alongside a $3 million negative swing in foreign exchange impacts. Westport ended the quarter with $33.1 million in cash and reduced its debt to $3.9 million, following the sale of its light-duty segment. The company anticipates further cost reductions, projecting a 60% decrease in CapEx and a 15% reduction in SG&A by 2026, as it focuses on its core heavy-duty and alternative fuel systems markets, with significant developments in the Cespira joint venture and new CNG solutions for the North American market.
Cespira Revenue Increase
Cespira increased its revenue by 19% over the same period last year to $19.3 million in the quarter, driven by higher volumes.
Improved Gross Margin
Gross margin improved to 31% in Q3 2025 compared to 14% in Q3 2024, driven by higher margin engineering services revenue.
Strong Cash Position
The company ended the quarter with $33.1 million in cash and reduced outstanding debt to $3.9 million, strengthening its financial position.
Strategic Focus on Heavy-Duty and Alternative Fuel Systems
Completion of the Light-Duty segment divestiture allowed Westport to concentrate on core heavy-duty and alternative fuel systems, marking a strategic shift.
Westport Fuel Systems (TSE:WPRT) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:WPRT Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 10, 2025
C$2.77
C$2.56
-7.58%
Aug 11, 2025
C$5.14
C$4.61
-10.31%
May 13, 2025
C$4.22
C$4.00
-5.21%
Mar 31, 2025
C$5.57
C$5.42
-2.69%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Westport Fuel Systems (TSE:WPRT) report earnings?
Westport Fuel Systems (TSE:WPRT) is schdueled to report earning on Mar 16, 2026, After Close (Confirmed).
What is Westport Fuel Systems (TSE:WPRT) earnings time?
Westport Fuel Systems (TSE:WPRT) earnings time is at Mar 16, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.