Westport Fuel Systems publishes Q1 2026 MD&A report

Westport Fuel Systems, Inc.

Westport Fuel Systems, Inc.

WPRT

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  • Westport Fuel Systems published its first-quarter 2026 MD&A, flagging that projected cash and cash equivalents are not expected to fund operations through the next 12 months under its current plan.
  • Cash and cash equivalents totaled USD 24.5 million at March 31, 2026; operating loss from continuing operations was USD 4.9 million, cash used in operating activities was USD 3.3 million.
  • Quarter revenue fell 69% to USD 2.29 million as Heavy-Duty OEM recorded no sales following end of its transitional services agreement with Cespira in Q2 2025; High-Pressure Controls revenue rose 21% to USD 2.29 million on higher service revenue tied to OEM product testing.
  • Cespira revenue increased 33% to USD 22.25 million; net loss narrowed to USD 2.52 million, driving Westport capital contributions down to USD 2.9 million from USD 4.7 million year earlier.
  • Cybersecurity incident in March led to unauthorized access to internal IT applications; investigation concluded, continuous disclosure filings completed, management cease trade order rescinded.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Westport Fuel Systems Inc. published the original content used to generate this news brief on May 14, 2026, and is solely responsible for the information contained therein.