Intrinsiqq

Ballard Power Systems Inc. (BLDP) Financials

All currency values in $ millions unless otherwise noted

Scroll

Income Statement
TTM
DEC 2025
DEC 2024
DEC 2023
DEC 2022
DEC 2021
Revenues
Revenue$103$99$70$102$82$105
Cost of Revenue$92$94$92$124$95$90
Gross Profit$12$5-$22-$22-$13$14
Total Operating Expenses$76$85$132$137$129$102
Operating Income-$64-$80-$153-$159-$142-$88
Non-Operating
Net Interest Expense-$2-$2-$2-$1-$1-$2
Income Tax Expense—$0$0$0$0-$0
Net Income
Net Income-$81-$91-$324-$178-$173-$114
Per Share Data
Revenue Per Share$0.34$0.33$0.23$0.34$0.27$0.35
EPS (Basic)-$0.27-$0.30-$1.08-$0.59-$0.58-$0.39
EPS (Diluted)-$0.27-$0.30-$1.08-$0.59-$0.58-$0.39
Shares Outstanding300.9M303.0M299.3M298.7M299.1M295.3M

Ballard Power Systems (BLDP) financials: revenue, profit and margins

Ballard Power Systems (BLDP) generated about $103 million in revenue and -$81 million in net income (a -78.6% net margin) over the trailing twelve months, growing at roughly -1.3% a year. Figures are from company filings; this is analysis, not investment advice.

Frequently asked

What is Ballard Power Systems's (BLDP) revenue?+

Ballard Power Systems generated about $103 million in revenue over the trailing twelve months. Revenue has grown at roughly -1.3% a year over the past five years. Revenue is the top line, before any costs; what matters for value is how much of it survives to free cash flow. The full income statement, balance sheet and cash-flow statement are on this tab.

Is Ballard Power Systems profitable?+

Ballard Power Systems reported about -$81 million in net loss over the trailing twelve months, a net margin of roughly -78.6%. Net income is the bottom line after all costs, interest and taxes. Compare it to free cash flow on this tab, since reported profit and actual cash generated can diverge.

What are Ballard Power Systems's profit margins?+

Ballard Power Systems runs a gross margin of about 11.4%, an operating margin of about -61.9%, a net margin of about -78.6%. Margins show how much of each sales dollar a company keeps at each stage. Stable or rising margins usually signal pricing power and cost discipline; falling margins are worth investigating. See the multi-year trend on this tab.

How fast is Ballard Power Systems growing?+

Ballard Power Systems's revenue has compounded at roughly -1.3% a year over the past five years. Growth only creates value when it is profitable and cash-generative, so read this rate alongside BLDP's margins and free cash flow. This is analysis from company filings, not investment advice.

How the market compares: How many US companies are profitable

Related stocks: Electrical Equipment & Parts

Spot a number that looks wrong?

Download this analysis as a PDF (Pro)

Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

2 of 2 free stocks used today

Keep analysing BLDP

Create a free account and get 14 days of Premium: every stock and every tool.

  • Unlimited stocks
  • Stock screener
  • Portfolio tracker
  • Editable DCF
  • Compare side by side
  • Unlimited alerts

No card. Moves to Free after, unless you upgrade.

Already have an account?

Or come back tomorrow. Stocks on your watchlist are always free to view.

SectorsPrivacyTerms© 2026 Intrinsiqq

Not financial advice. Analytical data for research only.

Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.