Ballard Power Systems Inc. (TSX:BLDP)
Canada · Delayed Price · Currency is CAD 3.570
-0.140 (-3.77%)
Aug 6, 2026, 4:00 PM EST
Ballard Power Systems Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 106.16 | 99.37 | 69.73 | 102.37 | 81.86 | 104.51 |
Revenue Growth | 46.41% | 42.50% | -31.88% | 25.05% | -21.67% | 0.60% |
Gross Profit Gross Profit Growth | 17.41 | 5.46 | -21.98 | -21.83 | -13.31 | 14.01 |
Operating Income Operating Income Growth | -50.19 | -80.52 | -166.27 | -160.62 | -142.18 | -86.08 |
Net Income Net Income Growth | -77.27 | -90.91 | -324.25 | -177.72 | -173.49 | -114.23 |
Earnings Per Share EPS Growth | -0.26 | -0.30 | -1.08 | -0.60 | -0.58 | -0.39 |
EPS Growth | - | - | - | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
China China Growth | - | 1.55 | 2.63 | 11.98 | 9.13 | 38.82 |
Rest of World Rest of World Growth | 2.21 | 2.24 | 3.23 | 0.99 | 0.87 | 0.75 |
United States United States Growth | - | 32.28 | 15 | 25.7 | 24.05 | 17.54 |
Poland Poland Growth | - | 21.57 | 21.66 | 11.26 | 1.77 | 0.54 |
Canada Canada Growth | - | 17.89 | 3 | 12.03 | 4.52 | 3.06 |
Germany Germany Growth | - | 8.41 | 4.18 | 14.49 | 13.69 | 22.06 |
United Kingdom United Kingdom Growth | - | 8.2 | 12.77 | 8.18 | 7.97 | 8.97 |
Egypt Egypt Growth | - | 3.51 | 0.15 | - | - | - |
Spain Spain Growth | - | 1.88 | 0.26 | 0.86 | 0.76 | 0.93 |
Netherlands Netherlands Growth | - | 1.19 | 0.67 | 4.81 | 0.1 | - |
Denmark Denmark Growth | - | 0.34 | 2.16 | 2.24 | 2.53 | 3.03 |
France France Growth | - | 0.32 | 4.02 | 3.31 | 6.9 | 1.83 |
Total Total Growth | 106.16 | 99.37 | 69.73 | 102.37 | 81.86 | 104.51 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 505.15 | 531.25 | 606.05 | 753.24 | 915.74 | 1,127 |
Total Debt Total Debt Growth | 19.69 | 22.14 | 23.89 | 17.9 | 15.73 | 17.12 |
Net Cash (Debt) Net Cash Growth | 485.46 | 509.11 | 582.16 | 735.35 | 900.01 | 1,110 |
Net Cash Growth | -8.13% | -12.55% | -20.83% | -18.30% | -18.90% | 48.45% |
Net Cash Per Share Net Cash Per Share Growth | 1.61 | 1.70 | 1.95 | 2.46 | 3.02 | 3.76 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | -30.63 | -56.17 | -108.1 | -104.57 | -132.17 | -80.48 |
Capital Expenditures CapEx Growth | -6.6 | -9.84 | -25.85 | -41.21 | -33.93 | -13.16 |
Free Cash Flow Free Cash Flow Growth | -37.24 | -66.01 | -133.95 | -145.78 | -166.1 | -93.63 |
Free Cash Flow Growth | - | - | - | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 16.40% | 5.50% | -31.52% | -21.33% | -16.26% | 13.41% |
Operating Margin | -47.27% | -81.03% | -238.45% | -156.90% | -173.68% | -82.37% |
Pretax Margin | -72.74% | -91.44% | -463.80% | -140.72% | -195.86% | -109.67% |
Profit Margin | -72.78% | -91.49% | -464.99% | -173.61% | -211.94% | -109.31% |
FCF Margin | -35.08% | -66.43% | -192.09% | -142.41% | -202.91% | -89.60% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 7, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Forward PE | - | 217.77 | 217.77 | 217.77 | 217.77 | 217.77 |
PS Ratio | 7.14 | 7.73 | 7.13 | 10.85 | 17.45 | 35.77 |