• Ballard Power Systems Inc. published its first-quarter 2026 MD&A, outlining a 2026 outlook for total operating expenses of USD 65 million to USD 75 million, capital expenditures of USD 5 million to USD 10 million.
• Revenue rose 26% to USD 19.4 million, driven by higher rail and stationary sales, partly offset by a 46% drop in bus revenue.
• Gross margin turned positive at 14% from -23%, reflecting product cost reductions, lower manufacturing overhead tied to restructuring.
• Adjusted EBITDA loss narrowed to USD 11.36 million from USD 27.53 million, supported by improved gross margin, lower operating expenses.
• Cash and cash equivalents totaled USD 516.8 million at March 31, 2026, down USD 10.3 million from year-end 2025; cash used in operations improved to USD 7.81 million from USD 24.4 million.

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 on May 07, 2026, and is solely responsible for the information contained therein.