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Westport Fuel Systems (WPRT) Research & Development: 2009-2024

Historic Research & Development for Westport Fuel Systems (WPRT) over the last 16 years, with Dec 2024 value amounting to $21.6 million.

  • Westport Fuel Systems' Research & Development rose 269.27% to $2.3 million in Q3 2025 from the same period last year, while for Sep 2025 it was $9.5 million, marking a year-over-year decrease of 37.54%. This contributed to the annual value of $21.6 million for FY2024, which is 16.98% down from last year.
  • Latest data reveals that Westport Fuel Systems reported Research & Development of $21.6 million as of FY2024, which was down 16.98% from $26.0 million recorded in FY2023.
  • Over the past 5 years, Westport Fuel Systems' Research & Development peaked at $26.0 million during FY2023, and registered a low of $21.0 million during FY2020.
  • In the last 3 years, Westport Fuel Systems' Research & Development had a median value of $23.5 million in 2022 and averaged $23.7 million.
  • Its Research & Development has fluctuated over the past 5 years, first rose by 20.11% in 2021, then dropped by 16.98% in 2024.
  • MRY analysis of 5 years shows Westport Fuel Systems' Research & Development stood at $21.0 million in 2020, then rose by 20.11% to $25.2 million in 2021, then decreased by 6.74% to $23.5 million in 2022, then increased by 10.67% to $26.0 million in 2023, then fell by 16.98% to $21.6 million in 2024.
  • Its last three reported values are $21.6 million in FY2024, $26.0 million for FY2023, and $23.5 million during FY2022.