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Ballard Power reports 26% revenue growth and improved margins in Q1 2026, driven by fuel cell engine sales.

Company Fundamentals
05 May 2026
PRNewsWire
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Bullish
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Ballard Power Systems announced a 26% year-over-year revenue increase to $19.4 million in Q1 2026, with a gross margin improvement to 14% and a 36% reduction in operating expenses. Growth was driven by strong fuel cell engine shipments, especially in rail and stationary markets, despite a decline in bus revenue. The company ended the quarter with $516.8 million in cash and no near-term financing needs, positioning it well for continued investment and growth in hydrogen fuel cell technology. Ballard expects 2026 revenue to be weighted toward the second half of the year and continues to focus on cost control and product development.

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Basel Medical regains Nasdaq compliance after share price recovers above $1.00

Basel Medical regains Nasdaq compliance after share price recovers above $1.00

Basel Medical Group Ltd announced it has regained compliance with Nasdaq's minimum bid price rule after its share price stayed at or above $1.00 for 10 consecutive business days ending July 7, 2026. The company was previously notified in January 2026...

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Global wax market to reach $16.65B by 2035 driven by packaging, cosmetics, and industrial demand.

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The global wax market, valued at $11.26 billion in 2025, is projected to grow to $16.65 billion by 2035 at a CAGR of 3.99%. Growth is fueled by rising demand in packaging, cosmetics, candle making, adhesives, and industrial uses, with natural waxes l...

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BingX launches Visa Debit Card to enable crypto spending worldwide via Visa network.

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Backpack launches first 24/7 market for real U.S. equities for global investors.

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Proxy firms recommend Equinox Gold shareholders vote FOR merger with Orla Mining, boosting North American gold production.

Proxy firms recommend Equinox Gold shareholders vote FOR merger with Orla Mining, boosting North American gold production.

Independent proxy advisory firms, including ISS, recommend Equinox Gold shareholders vote in favor of the proposed merger with Orla Mining, which aims to create a leading North American gold producer. The combined company is expected to produce 1.1 m...

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