TSX:BLDPElectrical
Why Ballard Power Systems (TSX:BLDP) Is Up 44.5% After Turning Gross Margins Positive Again
In early May 2026, Ballard Power Systems reported first-quarter results showing a net loss of US$11.39 million, narrower basic and diluted losses per share of US$0.04, and its third consecutive quarter of positive gross margins on 26% year-over-year revenue growth.
The company’s financial progress was accompanied by multi-year hydrogen bus engine agreements with OEMs such as New Flyer, Wrightbus, and Solaris, indicating deeper integration of Ballard’s FCmove®‑SC technology into...