Ballard Power Systems Narrows 1Q Loss on Rail, Stationary Strength

Dow Jones

05/05

By Adriano Marchese

Ballard Power Systems' loss narrowed in the first quarter as stronger contributions from its rail and stationary segments offset weaker results in its bus business.

The hydrogen fuel-cell technology company posted a net loss from continuing operations of $11.4 million, or 4 cents a share, narrowing from a loss of $21 million, or 7 cents a share, in the comparable quarter a year ago.

According to FactSet, analysts were expecting the loss to narrow more moderately to 6 cents a share.

Revenue rose 26% to $19.4 million, just shy of analyst forecasts of $20.3 million. Of its segments, bus, its largest, saw a 46% decline in revenue to $6.8 million. Rail revenue rose to $5.2 million from $100,000 and stationary advanced to $5.2 million from $600,000.

Ballard cited higher shipments in the period.

The company ended the quarter with an order backlog of $112.9 million, 5% lower than the end of the previous quarter, while the 12-month order book was $52.8 million.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

May 05, 2026 08:08 ET (12:08 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Of its segments, bus, its largest, saw a 46% decline in revenue to $6.8 million. Rail revenue rose to $5.2 million from $100,000 and stationary advanced to $5.2 million from $600,000. \n</p>\n<p>\n  Ballard cited higher shipments in the period. \n</p>\n<p>\n  The company ended the quarter with an order backlog of $112.9 million, 5% lower than the end of the previous quarter, while the 12-month order book was $52.8 million. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 05, 2026 08:08 ET (12:08 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4096","symbol_name":"電氣部件與設備","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2633910250","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2633910250","pubTimestamp":1777982880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Ballard Power Systems' loss narrowed in the first quarter as stronger contributions from its rail and stationary segments offset weaker results in its bus business.The hydrogen fuel-cell technology company posted a net loss from continuing operations of $11.4 million, or 4 cents a share, narrowing from a loss of $21 million, or 7 cents a share, in the comparable quarter a year ago.According to FactSet, analysts were expecting the loss to narrow more moderately to 6 cents a share.Revenue rose 26% to $19.4 million, just shy of analyst forecasts of $20.3 million. Of its segments, bus, its largest, saw a 46% decline in revenue to $6.8 million. 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