Westport Fuel Systems(US:WPRT)2025-11-11 14:00Financial Performance - Revenue for Q3 2025 was $1.6 million, compared to $4.9 million in the same quarter last year[14] - Gross profit in Q3 2025 was $0.5 million, representing 31% of revenue, compared to $0.7 million (14% of revenue) in the same period of the prior year[14] - Adjusted EBITDA was negative $5.9 million for the period ended September 30, 2025, compared to negative $0.8 million in the same period of the prior year[14] - Net loss from continuing operations was $10.4 million, compared to a net loss of $6.0 million for the same quarter last year[14] - As of September 30, 2025, cash and cash equivalents totaled $33.1 million, and outstanding debt was $3.9 million with a maturity date of September 2026[15] Cespira Business Unit - Cespira generated $19.3 million in revenue in Q3 2025, up 19% from the same period last year[15] - Cespira's gross profit was negative $1.1 million for Q3 2025, compared to negative $0.2 million in Q3 2024[15] Strategic Focus - The company plans a 60% reduction in Capex and a 15% reduction in SG&A in 2026[26] - The global heavy-duty truck market is expected to reach 1.95 million units in 2025[24]