Westport Fuel Systems Inc.
TSX:WPRT.TO · Toronto Stock Exchange
+$0.62 today
Vol 0.01M · Avg 0.01M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
TSX:WPRT.TO · Revenue to Net Income
Key Ratios
Analysis
$18.3M of revenue converted into -$62.9M of net income for the selected period. Gross margin is 9.1% and net margin is -463.8%, showing how much revenue survives after costs and taxes. EPS is $-3.43, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $23.7M -92.2% | $302.3M -8.9% | $331.8M +8.5% | $305.7M -2.1% | $312.4M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $21.5M -91.2% | $244.7M -13.5% | $282.9M +5.0% | $269.5M +2.0% | $264.3M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $2.2M -96.2% | $57.6M +17.7% | $48.9M +35.2% | $36.2M -24.8% | $48.2M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 9.3% -9.8pp | 19.1% +4.3pp | 14.7% +2.9pp | 11.8% -3.6pp | 15.4% | 9.8% | 28.9% | 38.3% |
| Research & Development | $5.9M -72.7% | $21.6M -17.0% | $26.0M +10.7% | $23.5M -6.7% | $25.2M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $15.4M -69.3% | $50.4M -16.8% | $60.5M +16.1% | $52.1M +4.7% | $49.8M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $21.6M -73.8% | $82.3M -13.2% | $94.8M +18.5% | $80.0M -0.4% | $80.4M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $747.9K -91.4% | $8.7M -30.7% | $12.5M +5.8% | $11.8M -15.9% | $14.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | -$18.6M -245.0% | -$5.4M +83.7% | -$33.2M -15.4% | -$28.8M -58.5% | -$18.2M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | -78.6% -76.8pp | -1.8% +8.2pp | -10.0% -0.6pp | -9.4% -3.6pp | -5.8% | 5.6% | 46.3% | 42.0% |
| Operating Income | -$19.4M +21.4% | -$24.7M +46.2% | -$45.9M -4.7% | -$43.8M -1592.2% | $2.9M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | -81.7% -73.6pp | -8.2% +5.7pp | -13.8% +0.5pp | -14.3% -15.3pp | 0.9% | 16.6% | 24.1% | 22.0% |
| Interest Income | $1.3M +8.4% | $1.2M -56.8% | $2.7M +91.3% | $1.4M +290.6% | $360.0K | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $613.0K -78.1% | $2.8M -6.2% | $3.0M -11.0% | $3.4M -32.1% | $4.9M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$10.6M -235.2% | $7.8M +375.6% | -$2.8M -114.9% | $19.0M -47.4% | $36.1M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | -$29.9M -77.6% | -$16.9M +65.4% | -$48.7M -55.7% | -$31.3M -666.0% | $5.5M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | -126.2% -120.6pp | -5.6% +9.1pp | -14.7% -4.4pp | -10.2% -12.0pp | 1.8% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $145.5K -97.1% | $5.0M +397.0% | $1.0M -29.0% | $1.4M +117.4% | -$8.1M | $1.3B | -$1.6B | $745.2M |
| Net Income | -$24.7M -13.3% | -$21.8M +56.1% | -$49.7M -52.1% | -$32.7M -339.4% | $13.7M | $4.9B | $4.8B | $4.7B |
| Net Margin | -104.3% -97.0pp | -7.2% +7.8pp | -15.0% -4.3pp | -10.7% -15.1pp | 4.4% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | -$1 -15.3% | -$1 +57.2% | -$3 -51.8% | -$2 -312.2% | $1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | -$1 -14.4% | -$1 +56.9% | -$3 -51.8% | -$2 -338.8% | $1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $17.3M -1.6% | $17.6M +2.6% | $17.2M +0.3% | $17.1M +6.9% | $16.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $17.3M -0.8% | $17.5M +1.8% | $17.2M +0.3% | $17.1M +5.6% | $16.2M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

iFabric Corp.
TSX:IFA.TO
$130.29M
Imaflex Inc.
IFX.V
$121.89M

Canlan Ice Sports Corp.
TSX:ICE.TO
$61.35M

Dorel Industries Inc.
TSX:DII-B.TO
$51.59M
Mene Inc.
MENE.V
$50.68M
First Hydrogen Corp.
FHYD.V
$30.63M
Goodfood Market Corp.
FOOD.TO
$18.91M
Hypercharge Networks Corp.
HC.V
$6.65M
GreenPower Motor Company Inc.
GPV.V
$6.40M
Aether Catalyst Solutions, Inc.
ATHR.CN
$754,306.00
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does WPRT.TO generate?
Westport Fuel Systems Inc. (WPRT.TO) reported $23.73M of revenue in fiscal 2025.
Is WPRT.TO profitable?
Westport Fuel Systems Inc. (WPRT.TO) reported -$24,738,611.00 of net income, with a net margin of -104.3%.
Explore More
Continue the stock analysis
Jump to another research area for this company.