Westport Fuel Systems Inc. reported a net loss of $11.4 million for Q2 2026, driven by equity losses from its Cespira joint venture and non-cash warrant liability adjustments. Consolidated revenue fell 78% to $2.7 million due to the end of a transitional service agreement with Volvo Group's Cespira JV, though Cespira itself saw 125% revenue growth to $27.1 million. The company completed a private placement raising approximately US$10 million in June and holds $23.9 million in cash. Management stated that current liquidity is insufficient to fund operations for the next twelve months, creating substantial doubt about its ability to continue as a going concern. Westport designs and manufactures alternative fuel technologies, including natural gas and hydrogen systems, for commercial transportation.

Westport Fuel Systems Inc. reported a net loss of $11.4 million for the three months ended June 30, 2026, with revenues declining 78% to $2.7 million due to the end of its transitional service agreement with Cespira. The company raised approximately $9.3 million in net proceeds from a private placement of common shares and warrants on June 23, 2026, at a combined price of $2.06 per unit. Despite this financing, management concluded that substantial doubt exists regarding the company's ability to continue as a going concern for the next twelve months, citing projected cash shortfalls against operating requirements and debt obligations. Westport Fuel Systems Inc. designs, manufactures, and supplies advanced alternative fuel systems and components for transportation applications.