Ballard Power targets adjusted EBITDA profitability by end-2027

• Ballard Power Systems targets adjusted EBITDA profitability by the end of 2027, sustained throughout full-year 2028.
• Revenue is forecast to grow at a 30% compound annual rate over the next two fiscal years.
• Gross margins are expected to exceed 20% in 2027, rising above 25% in 2028.
• Planned capital expenditures of $80 million to $120 million will expand its Hydrogen Power Unit fleet.
• Asset-backed financing is expected to cover more than 80% of fleet investment value, limiting cash outlays.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ballard Power Systems Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202610220730CANADANWCANADAPR_C3463) on October 22, 2026, and is solely responsible for the information contained therein.