Welcome to our dedicated page for Westport Fuel Systems SEC filings (Ticker: WPRT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Westport Fuel Systems Inc. SEC filings document a Canadian foreign private issuer that reports on Form 6-K and references annual reporting on Form 20-F. The filings include current reports that furnish press releases, material change reports, financial-results announcements, and product updates for alternative fuel systems, HPDI™ technology, CNG storage, hydrogen applications, and Cespira.
The company’s filing record also covers incorporation by reference into Form F-3 and Form S-8 registration statements, annual filing timing, management’s discussion and analysis requirements, CEO and CFO certification matters, and management cease trade order disclosures under Canadian securities rules. Recent filings document cybersecurity-related reporting effects, internal-control review statements, business-continuity disclosures, and the completed Light-Duty business divestiture.
Westport Fuel Systems Inc. has reported a planned change of auditor. KPMG LLP has notified the company that it will not stand for reappointment as auditor for the year ending December 31, 2026.
Subject to approval at the next annual shareholder meeting, Deloitte LLP has been appointed to fill the vacancy from the date of that meeting until the close of the following annual meeting. The audit committee and board approved the resignation and appointment on May 8, 2026. Westport states that KPMG’s reports on financial statements from January 1, 2024 to May 8, 2026 contained no modified opinions and that there are no reportable events. KPMG confirms it agrees with the company’s notice, and Deloitte confirms it agrees with statements regarding its appointment and has no basis to disagree with the remaining statements.
Westport Fuel Systems Inc. reports a weaker first quarter of 2026 and discloses significant liquidity risk. Revenue from continuing operations fell 69% to $2.3 million, mainly because the Heavy‑Duty OEM transitional services with Cespira ended in 2025. Net loss from continuing operations widened slightly to $5.7 million, with negative adjusted EBITDA of $4.9 million.
Cash and cash equivalents were $24.5 million and long‑term debt was $1.9 million as of March 31, 2026. Management projects existing cash will not fund operations for the next twelve months and concludes there is substantial doubt about the company’s ability to continue as a going concern. A $100 million shelf prospectus is in place, but potential financings are not assured.
Cespira, the joint venture with Volvo, posted total revenue of $22.2 million, up 33%, and reduced its net loss to $2.5 million, lowering Westport’s capital contributions. Westport also reports a March 2026 cybersecurity incident that delayed year‑end filings; the investigation is complete, filings are current, and internal controls over financial reporting were deemed not deficient.
Westport Fuel Systems reported weak first quarter 2026 results alongside rapid growth at its Cespira joint venture but highlighted serious liquidity risk. Revenue from continuing operations fell to $2.3 million from $7.3 million a year earlier after the Heavy-Duty OEM transitional service agreement ended.
Net loss from continuing operations widened slightly to $5.7 million, or $0.33 per share, while Adjusted EBITDA was a negative $4.9 million. In contrast, Cespira’s total revenue rose 33% to $22.2 million, with product revenue up 48% and its net loss reduced to $2.5 million.
Westport ended March 31, 2026 with $24.5 million in cash and $1.9 million of current long‑term debt. Management states projected cash will not fund operations for the next 12 months and concludes there is “substantial doubt” about Westport’s ability to continue as a going concern absent new financing.
Westport Fuel Systems Inc. has scheduled the release of its Q1 2026 financial results for May 14, 2026, after market close. The company will host a conference call and webcast on May 15, 2026 at 10:00 a.m. ET (7:00 a.m. PT) to discuss the results and corporate developments.
Investors can register for the call via an online link to receive dial-in details and a unique PIN, and the webcast and replay will be available through Westport’s investor relations website.
Westport Fuel Systems is showcasing a new high-pressure compressed natural gas (CNG) fuel storage system paired with Cespira’s on‑engine HPDI™ fuel system in its first North American demonstration at ACT Expo 2026 in Las Vegas.
The system is installed on a Volvo VNL 300 truck rated at 500 horsepower and 1,850 lb‑ft of torque, with fuel efficiency on CNG closely comparable to the diesel version. Westport highlights up to 10 miles per gallon equivalent and a driving range of more than 600 miles, aiming to deliver diesel‑like performance with lower emissions for heavy‑duty fleets.
The HPDI platform can run on CNG, renewable natural gas and hydrogen or blends, offering OEMs a path to adopt natural gas today while keeping an option to transition to hydrogen using largely the same engine architecture.
Westport Fuel Systems reported fourth quarter and full year 2025 results showing a much smaller business after its Light-Duty divestiture and growing dependence on its Cespira joint venture. Full-year revenue from continuing operations fell 43% to $23.3 million, while net loss from continuing operations narrowed slightly to $29.6 million.
Including discontinued operations tied to the sold Light-Duty segment, total net loss widened to $61.6 million, and Adjusted EBITDA loss increased to $17.3 million. Cespira generated $77.4 million of revenue but posted a net loss and drove a $15.8 million equity-method loss for Westport.
Liquidity remains tight: Westport ended 2025 with $27.2 million in cash and $2.9 million of long-term debt, yet projects that existing cash will not fund operations for the next 12 months. Management plans to seek new financing and formally concluded there is substantial doubt about its ability to continue as a going concern.
Westport Fuel Systems reported 2025 revenue of $23.3 million, down 43% from 2024, as its Heavy-Duty OEM transitional services wound down and hydrogen-related demand softened. The company recorded a net loss from continuing operations of $29.6 million, slightly improved from a $31.3 million loss a year earlier.
Cash and cash equivalents were $27.2 million at year-end, and management identified a material uncertainty about the ability to continue as a going concern, noting projected cash shortfalls over the next 12 months without additional funding. Adjusted EBITDA was a negative $17.3 million, widening from a negative $11.4 million.
Westport’s 55%-owned joint venture Cespira generated 2025 revenue of $77.4 million, up 80% year over year, reflecting growth in HPDI fuel systems. The company also closed the $79.5 million sale of its Light-Duty segment, is consolidating manufacturing into new Canadian and Chinese facilities, and disclosed a 2026 ransomware incident it does not currently view as materially impacting operations.
Westport Fuel Systems Inc. filed a Form 6-K to furnish a press release announcing the timing of its Q4 2025 and full year 2025 financial results. The company plans to release results on April 23, 2026 after market close and will host a conference call and webcast on April 24, 2026 at 10:00 a.m. ET to discuss the results and other corporate developments.
Westport Fuel Systems filed a Form 6-K to share a bi-weekly update on a management cease trade order that followed a March 2026 cybersecurity incident and delayed 2025 annual filings. The order restricts trading in the company’s securities by the CEO and CFO but not by other investors.
The investigation of the cyber incident has concluded, including a review of internal controls over financial reporting, and management determined those controls were not deficient. A revised audit scope for the 2025 annual financial statements and related filings is now underway, and Westport plans to complete and file them as soon as possible.
Westport states there has been no material change to the earlier cyber incident disclosure, does not expect additional specified defaults under the Canadian policy governing the order, and confirms there is no undisclosed material information. The company will continue bi-weekly status updates until the annual filings are made.
Westport Fuel Systems Inc. reports that the British Columbia Securities Commission has issued a temporary management cease trade order restricting trading in the company’s securities by its CEO and CFO after a previously disclosed cybersecurity incident delayed its 2025 year-end reporting. The company has missed the March 31, 2026 deadline for filing its audited financial statements, management’s discussion and analysis, CEO/CFO certifications, and annual information form for the year ended December 31, 2025. Westport is working with its auditors to assess the incident’s impact on financial reporting and internal controls and plans to complete any additional audit work, revise its annual documents if necessary, and file them as promptly as possible while providing bi-weekly status updates under National Policy 12-203.
Westport Fuel Systems Inc. reports that the British Columbia Securities Commission has issued a temporary management cease trade order restricting trading in the company’s securities by its CEO and CFO after a previously disclosed cybersecurity incident delayed its 2025 year-end reporting. The company has missed the March 31, 2026 deadline for filing its audited financial statements, management’s discussion and analysis, CEO/CFO certifications, and annual information form for the year ended December 31, 2025. Westport is working with its auditors to assess the incident’s impact on financial reporting and internal controls and plans to complete any additional audit work, revise its annual documents if necessary, and file them as promptly as possible while providing bi-weekly status updates under National Policy 12-203.