Westport Fuel Systems Q2 revenue down 11%, misses estimates

Westport Fuel Systems

11/08/2025 22:21

Overview

Westport Q2 revenue declines 11% to $12.5 mln, missing analyst expectations

Adjusted EBITDA for Q2 at negative $1.0 mln, missing consensus, per LSEG data

Westport completes sale of Light-Duty segment, receiving $62.5 mln in net proceeds

Outlook

Company aims to expand Cespira's market presence in Europe, India, South America

Westport plans to open Hydrogen Innovation Center in China by late 2025

Result Drivers

REVENUE DECLINE - Decreased sales volumes in High-Pressure Controls & Systems and Heavy-Duty OEM segments led to an 11% revenue drop

STRATEGIC TRANSFORMATION - Divestiture of Light-Duty segment to focus on commercial transportation and industrial applications

CESPIRA MOMENTUM - Increased demand in Europe for trucks equipped with Cespira fuel systems, with Volvo noting rising adoption

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$12.50 mln
$75.80 mln (3 Analysts)
Q2 EPS
-$1.98
Q2 Net Income
-$34.30 mln
Q2 Adjusted EBITDA
Miss
-$1 mln
$2.87 mln (3 Analysts)
Q2 EBITDA
-$30 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:nGNX90BfBY

(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.)