Ballard Q2 FY26 net loss narrows 16% to $20.3 million; revenue rises 15% to $20.6 million

Reuters2026/07/31 11:32

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Ballard Power Systems posted Q2 revenue of USD 21 million, up 15% year over year; gross margin swung to 20%, up 28 percentage points.
Net loss from continuing operations narrowed 16% to USD 20.3 million; loss per share improved to USD 0.07 from USD 0.08.
Adjusted EBITDA loss improved to USD 9.8 million from USD 30.6 million, on margin gains and lower operating costs.
Order intake totaled USD 64 million, lifting backlog 38.8% from end-Q1 to USD 157 million; cash and cash equivalents fell 9% year over year to USD 502 million.
Ballard agreed to acquire GeoPura for GBP 275 million upfront, targeting a shift toward energy-as-a-service and profitability by end-2027.

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. Ballard Power Systems Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607310730PR_NEWS_USPR_____VA16502) on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ballard Q2 FY26 net loss narrows 16% to $20.3 million; revenue rises 15% to $20.6 million

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