Fuel Cell Maker Ballard Power’s Net Loss Surges by 46% YoY to $62 Million in Q3

The revenue saw a 29% YoY increase to ₹27.6 million

November 8, 2023

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Fuel cell manufacturer Ballard Power Systems has reported a net loss of $62.4 million (~$749,437) in the third quarter (Q3) of 2023, marking an increase of 46% year-over-year (YoY) from a net loss of $42.9 million (~$515,238).

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Arjun Joshi

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Fuel Cell Maker Ballard Power’s Net Loss Surges by 46% YoY to $62 Million in Q3

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