Ballard Power Systems 3Q Loss Narrows, Revenue More-Than-Doubles

Dow Jones11-13

By Adriano Marchese

Ballard Power Systems logged a narrowed loss in the third quarter thanks to its heavy-duty mobility segment driving revenue higher.

The Canadian hydrogen fuel cell technology company on Thursday reported a narrowed loss from continuing operations of $28.1 million, or 9 cents a share, compared with a loss of $204.5 million, or 68 cents a share, in the comparable quarter a year ago.

According to FactSet, analysts were expecting a loss of 11 cents a share.

Total revenue more than doubled, reaching $32.5 million $14.8 million, topping analyst expectations of a rise to $24.7 million.

Among the bigger contributors to revenue was its heavy-duty mobility segment, particularly rail, which saw an increase to $7.4 million from $1.2 million.

Emerging markets also had a strong quarter, with revenue rising to $5.3 million from $1.4 million.

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

(END) Dow Jones Newswires

November 13, 2025 07:57 ET (12:57 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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