Westport Fuel Systems (WPRT) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $337.88M | 10.53% |
| 2022-12-31 | $305.70M | -2.15% |
| 2021-12-31 | $312.41M | 23.73% |
| 2020-12-31 | $252.50M | -17.31% |
| 2019-12-31 | $305.34M | 12.97% |
| 2018-12-31 | $270.28M | 9.40% |
| 2017-12-31 | $247.06M | 9.86% |
| 2016-12-31 | $224.90M | 117.70% |
| 2015-12-31 | $103.30M | -20.88% |
| 2014-12-31 | $130.57M | -20.40% |
| 2013-12-31 | $164.03M | 5.40% |
| 2012-12-31 | $155.63M | 100.00% |
| 2011-12-31 | - | -100.00% |
| 2010-03-31 | $128.22M | 32.89% |
| 2009-03-31 | $96.49M | 38.83% |
| 2008-03-31 | $69.50M | 32.56% |
| 2007-03-31 | $52.43M | 40.34% |
| 2006-03-31 | $37.36M | 31.23% |
| 2005-03-31 | $28.47M | 15.10% |
| 2004-03-31 | $24.73M | 47.36% |
| 2003-03-31 | $16.78M | -19.11% |
| 2002-03-31 | $20.75M | 40724.55% |
| 2001-03-31 | $50.83K | -75.39% |
| 2000-03-31 | $206.53K | 3.89% |
| 1999-03-31 | $198.81K | 182.21% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $77.23M | -13.76% |
| 2023-12-31 | $89.55M | 15.72% |
| 2023-09-30 | $77.39M | -8.98% |
| 2023-06-30 | $85.02M | 3.38% |
| 2023-03-31 | $82.24M | 5.43% |
| 2022-12-31 | $78.01M | 9.59% |
| 2022-09-30 | $71.18M | -10.98% |
| 2022-06-30 | $79.96M | 4.47% |
| 2022-03-31 | $76.54M | -7.35% |
| 2021-12-31 | $82.62M | 11.13% |
| 2021-09-30 | $74.34M | -12.23% |
| 2021-06-30 | $84.70M | 10.80% |
| 2021-03-31 | $76.44M | -8.89% |
| 2020-12-31 | $83.90M | 28.28% |
| 2020-09-30 | $65.41M | 81.87% |
| 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 | $82.42M | 12.61% |
| 2019-03-31 | $73.19M | 21.10% |
| 2018-12-31 | $60.44M | -7.76% |
| 2018-09-30 | $65.52M | -18.59% |
| 2018-06-30 | $80.49M | 19.07% |
| 2018-03-31 | $67.60M | 5.28% |
| 2017-12-31 | $64.20M | 5.67% |
| 2017-09-30 | $60.76M | -2.12% |
| 2017-06-30 | $62.08M | 3.42% |
| 2017-03-31 | $60.02M | -25.34% |
| 2016-12-31 | $80.40M | 5.61% |
| 2016-09-30 | $76.13M | 71.62% |
| 2016-06-30 | $44.36M | 84.74% |
| 2016-03-31 | $24.01M | -4.37% |
| 2015-12-31 | $25.11M | 12.46% |
| 2015-09-30 | $22.33M | -19.82% |
| 2015-06-30 | $27.85M | -0.63% |
| 2015-03-31 | $28.02M | 2.29% |
| 2014-12-31 | $27.39M | 8.28% |
| 2014-09-30 | $25.30M | -36.80% |
| 2014-06-30 | $40.04M | -4.50% |
| 2014-03-31 | $41.92M | -20.29% |
| 2013-12-31 | $52.59M | 13.04% |
| 2013-09-30 | $46.53M | 33.49% |
| 2013-06-30 | $34.86M | 15.98% |
| 2013-03-31 | $30.05M | -126.08% |
| 2012-12-31 | $-115.22M | -251.32% |
| 2012-09-30 | $76.14M | -28.23% |
| 2012-06-30 | $106.09M | 19.73% |
| 2012-03-31 | $88.61M | 9.34% |
| 2011-09-30 | $81.04M | 80.63% |
| 2011-06-30 | $44.87M | 17.64% |
| 2011-03-31 | $38.14M | -3.52% |
| 2010-12-31 | $39.53M | -11.97% |
| 2010-09-30 | $44.90M | 76.16% |
| 2010-06-30 | $25.49M | -32.00% |
| 2010-03-31 | $37.49M | 2.23% |
| 2009-12-31 | $36.67M | 23.76% |
| 2009-09-30 | $29.63M | 37.91% |
| 2009-06-30 | $21.48M | 19.65% |
| 2009-03-31 | $17.96M | -29.63% |
| 2008-12-31 | $25.52M | -30.76% |
| 2008-09-30 | $36.85M | 47.04% |
| 2008-06-30 | $25.06M | 96.72% |
| 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/Service | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|
| OEM | $51.58M | - | - |
| IAM | $102.86M | - | - |
| Corporate Segment | - | - | - |
| Cummins Westport Inc | $161.74M | $361.77M | - |
| Transportation Segment | - | $305.34M | $270.28M |
| WWI | - | - | - |
| CWI | - | - | $319.40M |
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
| Country | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|
| IAM | $102.86M | - | - |
| OEM | $51.58M | - | - |
| Corporate Segment | - | - | - |
| 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| AXL | American Axle & Manufacturing | $6.08B | $1.63B |
| GNTX | Gentex | $2.30B | $572.93M |
| HSAI | Hesai Group | $1.88B | $359.12M |
| WPRT | Westport Fuel Systems | $337.88M | $77.23M |
| SYPR | Sypris Solutions | $136.22M | $35.52M |
| KNDI | Kandi Technologies Group | $123.60M | $20.70M |
| LAZR | Luminar | $69.78M | $20.97M |
| INVZ | Innoviz | $20.88M | $7.06M |
| AEVA | Aeva | $4.31M | $2.01M |
| LIDR | AEye | $1.46M | $32.00K |
| HYLN | Hyliion | $672.00K | - |
| FRSX | Foresight Autonomous | $497.00K | $101.00K |
| MBLY | Mobileye Global | - | $439.00M |
| QS | QuantumScape | - | - |
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 OEM, IAM, and Cummins Westport Inc. OEM generated $51.58M in revenue, accounting 16.31% of the company's total revenue IAM generated $102.86M in revenue, accounting 32.53% of the company's total revenue Cummins Westport Inc generated $161.74M in revenue, accounting 51.15% of the company's total revenue, down -55.29% year-over-year.
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.