Tuesday, July 22, 2025

Westport Fuel Systems (WPRT) Q4 2024 Earnings Call Transcript


Westport Fuel Systems (WPRT) held its Q4 2024 earnings call on March 31, 2025, led by CEO Dan Sceli and CFO Bill Larkin. The company reported a 9% decrease in annual revenue to $302.3 million, with Q4 revenue down 14% to $75.1 million, attributed to business transitions. Despite these declines, Westport improved gross margins and achieved positive net cash from operations, while announcing a strategic transaction to divest its light-duty business, aiming to focus on solutions for hard-to-decarbonize heavy-duty transport and industrial sectors.

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