Westport Fuel Systems (WPRT) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Westport Fuel Systems Revenue Highlights


Latest Revenue (Y)

$337.88M

Latest Revenue (Q)

$77.23M

Main Segment (Y)

Cummins Westport Inc

Main Geography (Y)

Cummins Westport Inc

Westport Fuel Systems Revenue by Period


Westport Fuel Systems Revenue by Year

DateRevenueChange
2023-12-31$337.88M10.53%
2022-12-31$305.70M-2.15%
2021-12-31$312.41M23.73%
2020-12-31$252.50M-17.31%
2019-12-31$305.34M12.97%
2018-12-31$270.28M9.40%
2017-12-31$247.06M9.86%
2016-12-31$224.90M117.70%
2015-12-31$103.30M-20.88%
2014-12-31$130.57M-20.40%
2013-12-31$164.03M5.40%
2012-12-31$155.63M100.00%
2011-12-31--100.00%
2010-03-31$128.22M32.89%
2009-03-31$96.49M38.83%
2008-03-31$69.50M32.56%
2007-03-31$52.43M40.34%
2006-03-31$37.36M31.23%
2005-03-31$28.47M15.10%
2004-03-31$24.73M47.36%
2003-03-31$16.78M-19.11%
2002-03-31$20.75M40724.55%
2001-03-31$50.83K-75.39%
2000-03-31$206.53K3.89%
1999-03-31$198.81K182.21%
1998-03-31$70.45K-2.79%
1997-03-31$72.47K-

Westport Fuel Systems generated $337.88M in revenue during NA 2023, up 10.53% compared to the previous quarter, and up 125.01% compared to the same period a year ago.

Westport Fuel Systems Revenue by Quarter

DateRevenueChange
2024-03-31$77.23M-13.76%
2023-12-31$89.55M15.72%
2023-09-30$77.39M-8.98%
2023-06-30$85.02M3.38%
2023-03-31$82.24M5.43%
2022-12-31$78.01M9.59%
2022-09-30$71.18M-10.98%
2022-06-30$79.96M4.47%
2022-03-31$76.54M-7.35%
2021-12-31$82.62M11.13%
2021-09-30$74.34M-12.23%
2021-06-30$84.70M10.80%
2021-03-31$76.44M-8.89%
2020-12-31$83.90M28.28%
2020-09-30$65.41M81.87%
2020-06-30$35.96M-46.50%
2020-03-31$67.22M-9.56%
2019-12-31$74.33M-1.43%
2019-09-30$75.40M-8.51%
2019-06-30$82.42M12.61%
2019-03-31$73.19M21.10%
2018-12-31$60.44M-7.76%
2018-09-30$65.52M-18.59%
2018-06-30$80.49M19.07%
2018-03-31$67.60M5.28%
2017-12-31$64.20M5.67%
2017-09-30$60.76M-2.12%
2017-06-30$62.08M3.42%
2017-03-31$60.02M-25.34%
2016-12-31$80.40M5.61%
2016-09-30$76.13M71.62%
2016-06-30$44.36M84.74%
2016-03-31$24.01M-4.37%
2015-12-31$25.11M12.46%
2015-09-30$22.33M-19.82%
2015-06-30$27.85M-0.63%
2015-03-31$28.02M2.29%
2014-12-31$27.39M8.28%
2014-09-30$25.30M-36.80%
2014-06-30$40.04M-4.50%
2014-03-31$41.92M-20.29%
2013-12-31$52.59M13.04%
2013-09-30$46.53M33.49%
2013-06-30$34.86M15.98%
2013-03-31$30.05M-126.08%
2012-12-31$-115.22M-251.32%
2012-09-30$76.14M-28.23%
2012-06-30$106.09M19.73%
2012-03-31$88.61M9.34%
2011-09-30$81.04M80.63%
2011-06-30$44.87M17.64%
2011-03-31$38.14M-3.52%
2010-12-31$39.53M-11.97%
2010-09-30$44.90M76.16%
2010-06-30$25.49M-32.00%
2010-03-31$37.49M2.23%
2009-12-31$36.67M23.76%
2009-09-30$29.63M37.91%
2009-06-30$21.48M19.65%
2009-03-31$17.96M-29.63%
2008-12-31$25.52M-30.76%
2008-09-30$36.85M47.04%
2008-06-30$25.06M96.72%
2008-03-31$12.74M-

Westport Fuel Systems generated $77.23M in revenue during Q1 2024, up -13.76% compared to the previous quarter, and up 99.00% compared to the same period a year ago.

Westport Fuel Systems Revenue Breakdown


Westport Fuel Systems Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 20Dec 19Dec 18
Cummins Westport Inc$161.74M$361.77M-
Corporate Segment---
IAM$102.86M--
OEM$51.58M--
Transportation Segment-$305.34M$270.28M
CWI--$319.40M
WWI---

Westport Fuel Systems's latest annual revenue breakdown by segment (product or service), as of Dec 20: Cummins Westport Inc (51.15%), IAM (32.53%), and OEM (16.31%).

Westport Fuel Systems Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 20Dec 19Dec 18
Corporate Segment---
OEM$51.58M--
IAM$102.86M--
Cummins Westport Inc$161.74M--
Transportation Segment-$305.34M$270.28M

Westport Fuel Systems's latest annual revenue breakdown by geography, as of Dec 20: Cummins Westport Inc (51.15%), IAM (32.53%), and OEM (16.31%).

Westport Fuel Systems Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
AXLAmerican Axle & Manufacturing$6.08B$1.50B
GNTXGentex$2.30B$608.53M
HSAIHesai Group$1.88B$359.12M
WPRTWestport Fuel Systems$337.88M$77.23M
SYPRSypris Solutions$136.22M$35.52M
KNDIKandi Technologies Group$123.60M$20.70M
LAZRLuminar$69.78M$15.49M
INVZInnoviz$20.88M$7.06M
AEVAAeva$4.31M$2.25M
LIDRAEye$1.46M$32.00K
HYLNHyliion$672.00K$2.57M
FRSXForesight Autonomous$497.00K$101.00K
MBLYMobileye Global-$486.00M
QSQuantumScape--

WPRT Revenue FAQ


What is Westport Fuel Systems’s yearly revenue?

Westport Fuel Systems's yearly revenue for 2023 was $337.88M, representing an increase of 10.53% compared to 2022. The company's yearly revenue for 2022 was $305.7M, representing a decrease of -2.15% compared to 2021. WPRT's yearly revenue for 2021 was $312.41M, representing an increase of 23.73% compared to 2020.

What is Westport Fuel Systems’s quarterly revenue?

Westport Fuel Systems's quarterly revenue for Q1 2024 was $77.23M, a -13.76% decrease from the previous quarter (Q4 2023), and a -6.09% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $89.55M, a 15.72% increase from the previous quarter (Q3 2023), and a 14.80% increase year-over-year (Q4 2022). WPRT's quarterly revenue for Q3 2023 was $77.39M, a -8.98% decrease from the previous quarter (Q2 2023), and a 8.72% increase year-over-year (Q3 2022).

What is Westport Fuel Systems’s revenue growth rate?

Westport Fuel Systems's revenue growth rate for the last 3 years (2021-2023) was 8.15%, and for the last 5 years (2019-2023) was 10.66%.

What are Westport Fuel Systems’s revenue streams?

Westport Fuel Systems's revenue streams in c 20 are Cummins Westport Inc, IAM, and OEM. Cummins Westport Inc generated $161.74M in revenue, accounting 51.15% of the company's total revenue, down -55.29% year-over-year. IAM generated $102.86M in revenue, accounting 32.53% of the company's total revenue OEM generated $51.58M in revenue, accounting 16.31% of the company's total revenue

What is Westport Fuel Systems’s main source of revenue?

For the fiscal year ending Dec 20, the largest source of revenue of Westport Fuel Systems was Cummins Westport Inc. This segment made a revenue of $161.74M, representing 51.15% of the company's total revenue.