WPRT
WESTP FUEL SYS (WPRT)
NASDAQ
$2.17+$0.13 (+6.57%)
Price as of Jun 23, 2026 12:46 PM EDT
  • $35.5M
    Market Cap
  • -32.45%
    1-Year Change
  • Auto Parts
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 65
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Westport Announces US$10 Million Registered Direct Offering and Concurrent Private Placement Priced At-The-Market Under Nasdaq Rules

Westport Fuel Systems announced a US$10 million registered direct offering of 4,854,369 common shares at US$2.06 per share, along with concurrent private placement warrants exercisable at the same price for two years. The company plans to use net proceeds for working capital and general corporate purposes. The offering is expected to close on June 23, 2026.

06/22/2026, 8:00 AM • GlobeNewswire

What's Going On With Westport Fuel Systems Stock Thursday?

Westport Fuel Systems shares jumped 11.29% after its joint venture Cespira signed a hydrogen engine development agreement with Volvo Group. The agreement covers final development and commercialization of hydrogen HPDI fuel systems for Volvo's 13-liter engines, with commercial launch targeted before 2030. However, Wall Street expects declining revenue and continued losses, with earnings due August 10, 2026.

06/18/2026, 12:42 PM • Benzinga

Westport Announces Annual General and Special Meeting

Westport Fuel Systems Inc. announced its 2026 Annual General and Special Meeting will be held virtually on June 30, 2026. The company encourages shareholders to vote in advance and provides online access for registered shareholders and proxyholders to participate in the meeting.

05/27/2026, 5:00 PM • GlobeNewswire

Westport Reports First Quarter 2026 Financial Results

Westport Fuel Systems reported Q1 2026 results showing a 33% revenue increase in its Cespira joint venture with Volvo Group, driven by strong LNG heavy-duty truck demand in Europe. However, consolidated revenues fell 69% to $2.3 million due to the planned end of a transitional service agreement. The company faces liquidity concerns, with management warning that cash reserves may be insufficient to fund operations over the next 12 months, raising substantial doubt about its ability to continue as a going concern.

05/14/2026, 5:00 PM • GlobeNewswire

Westport to Issue Q4 2025 and Full Year 2025 Financial Results on April 23, 2026

Westport Fuel Systems Inc. announced it will release its 2025 financial results on April 23, 2026, followed by a conference call and webcast on April 24, 2026. The company, a leading supplier of alternative fuel and low-emissions transportation technologies, will discuss financial results and corporate developments with investors.

04/20/2026, 6:48 PM • GlobeNewswire

Westport Provides Bi-Weekly Management Cease Trade Order Status Update

Westport Fuel Systems Inc. issued a bi-weekly status report on its management cease trade order (MCTO) issued on April 1, 2026, due to delayed filing of annual financial statements following a cybersecurity incident announced on March 20, 2026. The company confirmed that its investigation has concluded with no deficiencies found in internal controls over financial reporting. A revised audit scope is underway, and the company plans to file its Annual Filings as soon as possible.

04/15/2026, 5:47 PM • GlobeNewswire

Westport Announces Issuance of Management Cease Trade Order

Westport Fuel Systems Inc. announced a temporary management cease trade order (MCTO) against its CEO and CFO after a cybersecurity incident delayed the filing of its 2025 annual financial statements and related documents. The company identified unauthorized access to internal systems on March 17, 2026, but confirmed core operations remain unaffected. Westport is working with auditors and cybersecurity experts to assess the incident's scope and plans to file required disclosures as promptly as possible, providing bi-weekly status updates.

04/01/2026, 6:50 PM • GlobeNewswire

Westport to Issue Q4 2025 and Full Year 2025 Financial Results on March 26, 2026

Westport Fuel Systems Inc. will release its 2025 financial results on March 26, 2026, followed by a conference call and webcast on March 27, 2026. The company, a leading supplier of alternative fuel and low-emissions transportation technologies, recently announced a $6.5 million milestone payment from a light-duty divestiture and the start of production at two high-pressure controls and systems facilities to expand hydrogen and alternative fuel manufacturing capacity.

03/12/2026, 5:30 PM • GlobeNewswire

Westport Announces Board of Directors Update

Westport Fuel Systems announced board changes effective January 1, 2026, with Tony Guglielmin assuming the Chair role following Dan Hancock's retirement. Brad Kotush, bringing over 20 years of experience in finance, investment banking, and clean technology, joined the board to strengthen governance and support the company's strategic objectives.

01/02/2026, 5:00 PM • GlobeNewswire

Westport to Issue Q3 2025 Financial Results on November 10, 2025

Westport Fuel Systems will release its Q3 2025 financial results on November 10, 2025, followed by a conference call and webcast on November 11, 2025 to discuss financial performance and corporate developments.

10/22/2025, 5:00 PM • GlobeNewswire

Westport Announces the Resignation of Chief Financial Officer William Larkin and Appoints Elizabeth Owens as Successor

Westport Fuel Systems announced the resignation of CFO William Larkin and appointed Elizabeth Owens as his successor, with Larkin transitioning in an advisory role through September 15, 2025.

08/26/2025, 5:00 PM • GlobeNewswire

Westport Announces Closing of Previously Announced Light-Duty Segment Divestiture

Westport Fuel Systems has successfully sold its Light-Duty Segment to Heliaca Investments for approximately $79.5 million, allowing the company to refocus on high-growth opportunities in heavy-duty transportation and alternative fuel technologies.

07/29/2025, 5:00 PM • GlobeNewswire

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

Paladin Energy Ltd has appointed Michele Buchignani as an independent non-executive director, effective June 30, 2025. Buchignani brings extensive experience in law, finance, and strategic leadership, particularly in the Canadian business environment.

06/29/2025, 7:18 PM • Benzinga

CIRI Names Four Distinguished Investor Relations Professionals as Fellows

The Canadian Investor Relations Institute recognized four professionals as 2025 CIRI Fellows, honoring their significant contributions to investor relations at their annual conference.

06/27/2025, 1:42 PM • GlobeNewswire

Westport to Issue Q2 2025 Financial Results on August 11, 2025 and Provides an Update on the Divestment of the Light-Duty Segment

Westport Fuel Systems will release Q2 2025 financial results on August 11, 2025, and reaffirms its commitment to selling its Light-Duty Segment to Heliaca Investments, with transaction closing expected in July 2025.

06/26/2025, 5:00 PM • GlobeNewswire

Peers

Statistics

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Day Range
$1.74
$2.25
$2.04
1-Year Range
$1.54
$4.02
$2.04
Latest Close$2.04
Change
-$0.22 (-10.78%)
Volume2,066,531
Market Cap$35.5M
Shares Outstanding17.4M
P/E (TTM)-0.57
Diluted EPS (TTM)-$3.56
Enterprise Value$11.3M

Information as of 06/22/2026

Company Profile

WESTPORT FUEL SYSTEMS INC
WESTPORT FUEL SYSTEMS INC
https://wfsinc.com
$35.5M
Market Cap
-$61.6M
Net Income
Sector: Consumer Cyclical
Industry: Auto Parts
1691 West 75th Avenue, Vancouver, BC, Canada, V6P 6P2
604 718 2046

Westport Fuel Systems Inc. engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications in North America, Europe, and Asia Pacific. The company operates through three segments: High-Pressure Controls, Heavy-Duty OEM, and Cespira. It offers alternative fuel, such as alternative fuels " including natural gas, renewable natural gas, and hydrogen; and pressure regulators, valves, filters, electronic control units, and high-pressure hydrogen components for transportation and industrial applications. The company also provides LNG HPDI fuel system, components, and engineering service to engine manufacturers and commercial vehicle original equipment manufacturers. The company was formerly known as Westport Innovations Inc. and changed its name to Westport Fuel Systems Inc. in June 2016. Westport Fuel Systems Inc. was incorporated in 1995 and is headquartered in Vancouver, Canada.

Key Executives

  • Daniel Sceli
  • Bart van Aerle
  • Lance Garner Follett
  • Elizabeth Owens
  • Ashley Nuell

Current Ownership Distribution

  • Institutions197.7M (70.62%)
  • Mutual Funds82.1M (29.33%)
  • Insiders150,400 (0.05%)
  • Other0 (0.00%)