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Kate Igbalode

Senior Vice President and Chief Financial Officer, Ballard Power Systems Inc.

Search every verified Kate Igbalode interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Kate Igbalode, Senior Vice President and Chief Financial Officer at Ballard Power Systems, discussed the company's second quarter 2026 financial results during an earnings call on August 3, 2026. She reported that order intake exceeded $64 million, driven by transit bus market wins and a multi-year commitment for over 150 fuel cell modules. She attributed this stationary order to growth in the hydrogen generator market and said it reinforces synergies from the company's acquisition of Geopura. Igbalode also noted that total revenue for the quarter was $20.6 million, a 15% increase year-over-year, with growth in bus, stationary, and materials handling markets. She stated that gross margin improved to 20% from 8% in the prior year period, a 28-point increase, which she attributed to product cost reductions, lower manufacturing overhead, and adjustments to warranty and inventory provisions. She described the company as progressing toward profitability by the end of 2027.

Recent appearances

  • Ballard Power Systems Q2 2026 Earnings Call | Fuel Cell Shipments & Order Intake Grow

    August 03, 2026 · 📺 i101

    Ballard Power Systems Q2 2026 Earnings Call | Fuel Cell Shipments & Order Intake Grow Twitter - https://x.com/i101yt If you find our work useful, please support us by purchasing a Super Thanks— it truly helps us a lot. #earningscall #StockMarketNews #conferenceCall Earnings Call | Earnings Conference Call | Earnings concall | concall | quarterly results | Stock News | Full Year results | Fiscal Year results | investment news | stock latest news | Annual Meeting of Shareholders | Annual Meeting of Unitholders | Special and Annual Meeting of Shareholders | AGM | Annual General Meeting If y…

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  • Ballard Power Systems Conference Call on Acquisition of GeoPura | June 23, 2026

    June 25, 2026 · 📺 i101

    Ballard Power Systems Conference Call on Acquisition of GeoPura | June 23, 2026. If you find our work useful, please support us by purchasing a Super Thanks— it truly helps us a lot. #earningscall #StockMarketNews #conferenceCall Earnings Call | Earnings Conference Call | Earnings concall | concall | quarterly results | Stock News | Full Year results | Fiscal Year results | investment news | stock latest news | Annual Meeting of Shareholders | Annual Meeting of Unitholders | Special and Annual Meeting of Shareholders | AGM | Annual General Meeting If you want us to remove your company's…

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