Westport Fuel Systems (WPRT) Research & Development (2009 - 2026)
Westport Fuel Systems' Research & Development came in at $1.57 million for the quarter ended Jun 30, 2026, unchanged from $1.57 million a year earlier and up 28.7% from the prior quarter.
Westport Fuel Systems (WPRT) Research & Development (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Westport Fuel Systems reported Research & Development of $2.46 million, down 46.4% year-over-year; for the year ended Dec 31, 2025, it was $5.78 million, down 39.3% from the prior year.
- Research & Development has declined in each of the last four years, with a five-year compound annual growth rate of -22.7% (years ended Dec 2020 to Dec 2025).
- Going back by year, Research & Development was $9.53 million in the year ended Dec 31, 2024 (-25.7%), $12.84 million in the year ended Dec 31, 2023 (-45.4%), $23.5 million in the year ended Dec 31, 2022 (-6.7%) and $25.19 million in the year ended Dec 31, 2021 (+20.1%).
- The five-year range for quarterly Research & Development is -$5.96 million (the quarter ended Dec 31, 2023) to $7.69 million (the quarter ended Mar 31, 2024).
- Year-over-year, Research & Development increased in 1 of the last six quarters, with growth averaging 6.2%.
- The fastest year-over-year change in Research & Development over five years came in the quarter ended Sep 30, 2025 (growth of 269.3%), and the weakest in the quarter ended Sep 30, 2024 (a decline of 89.1%).
- Business Quant data shows WPRT's Research & Development at $1.22 million (quarter ended Mar 31, 2026), -$2.65 million (quarter ended Dec 31, 2025) and $2.32 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | - |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 227.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | - |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 302.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | - |
| 10 | Westport Fuel Systems | 34.06 Mn | -77.86 Mn | 842,000.00 | 1.57 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.57 Mn |
| Mar 31, 2026 | 1.22 Mn |
| Dec 31, 2025 | -2.65 Mn |
| Sep 30, 2025 | 2.32 Mn |
| Jun 30, 2025 | 1.57 Mn |
| Mar 31, 2025 | 1.29 Mn |
| Dec 31, 2024 | 1.10 Mn |
| Sep 30, 2024 | 628,000.00 |
| Jun 30, 2024 | 3.46 Mn |
| Mar 31, 2024 | 7.69 Mn |
| Dec 31, 2023 | -5.96 Mn |
| Sep 30, 2023 | 5.75 Mn |
| Jun 30, 2023 | 5.79 Mn |
| Mar 31, 2023 | 7.26 Mn |
| Dec 31, 2022 | 5.84 Mn |
| Sep 30, 2022 | 6.47 Mn |
| Jun 30, 2022 | 5.25 Mn |
| Mar 31, 2022 | 5.93 Mn |
| Dec 31, 2021 | 4.78 Mn |
| Sep 30, 2021 | 6.21 Mn |
Westport Fuel Systems Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=WPRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "WPRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=WPRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();