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Fuel Cell Maker Ballard Power’s Net Loss Narrows to $30 Million in Q2 2023

The total revenue dropped 27% YoY during the quarter

August 11, 2023

/ Rakesh Ranjan
/ Other, Renewable Energy
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Fuel cell manufacturer Ballard Power Systems has reported a net loss of $30.1 million in the second quarter (Q2) of 2023, marking a decrease of 46% year-over-year (YoY) from a net loss of $55.8 million as the new orders surge.

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Rakesh Ranjan

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Ballard PowerFuel CellOperating CostsResultsRevenue
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