TSX:BLDPElectrical
Ballard Power Systems (TSX:BLDP) Is Up 7.9% After New Hydrogen Bus Deals and Margin Gains - What's Changed
In the first quarter of 2026, Ballard Power Systems reported earnings per share of US$0.04 loss, 26% year-over-year revenue growth, its third straight quarter of positive gross margins, and new multi-year FCmove-SC fuel-cell engine agreements with European bus makers New Flyer, Wrightbus, and Solaris.
Beyond the improved headline metrics, the combination of sustained positive gross margins and multi-year hydrogen bus partnerships highlights progress in turning cost cuts and technology into...