Westport Fuel Systems (WPRT) Revenue & Revenue Breakdown


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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
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

CountryDec 20Dec 19Dec 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


TickerCompanyLast Year RevenueLast Quarter Revenue
AXLAmerican Axle & Manufacturing$6.08B$1.63B
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$20.97M
INVZInnoviz$20.88M$7.06M
AEVAAeva$4.31M$2.01M
LIDRAEye$1.46M$32.00K
HYLNHyliion$672.00K-
FRSXForesight Autonomous$497.00K$101.00K
MBLYMobileye Global-$486.00M
QSQuantumScape--

WPRT Revenue FAQ


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.

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).

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%.

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.

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.