Alt-fuel systems maker Westport Q3 revenue beats estimates

Westport Fuel Systems

10/11/2025 22:35

Overview

Westport Q3 revenue declines but beats analyst expectations

Company ends Q3 with $33.1 mln in cash, enhancing liquidity

Outlook

Company did not provide specific guidance for future quarters or full year in its press release

Result Drivers

LIGHT-DUTY DIVESTITURE - Revenue decline due to planned divestiture of Light-Duty segment, allowing focus on core heavy-duty systems

GROSS MARGIN IMPROVEMENT - Gross margin increased to 31% from 14% due to higher margin engineering services revenue

CESPIRA GROWTH - Cespira joint venture deliveries increased, supported by aftermarket sales growth and easing supply chain constraints

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.6 mln
$1.12 mln (5 Analysts)
Q3 EPS
-$0.79
Q3 Net Income
-$13.7 mln
Q3 Adjusted EBITDA
Beat
-$5.9 mln
-$6.03 mln (4 Analysts)
Q3 EBITDA
-$12.8 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

Press Release: ID:nGNX912D9F

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)