Ballard Power Systems Inc. (TSX:BLDP)

Ballard Power Systems Revenue

Ballard Power Systems had revenue of $19.42M USD in the quarter ending March 31, 2026, with 26.20% growth. This brings the company's revenue in the last twelve months to $103.40M, up 46.32% year-over-year. In the year 2025, Ballard Power Systems had annual revenue of $99.37M with 42.50% growth.

• Revenue (ttm): $103.40M
• Revenue Growth: +46.32%
• P/S Ratio: 12.72
• Revenue / Employee: $210.17K
• Employees: 492
• Market Cap: 1.84B CAD

Revenue Chart

* This company reports financials in USD.

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	99.37M	29.64M	42.50%
Dec 31, 2024	69.73M	-32.64M	-31.88%
Dec 31, 2023	102.37M	20.51M	25.05%
Dec 31, 2022	81.86M	-22.65M	-21.67%
Dec 31, 2021	104.51M	628.00K	0.60%
Dec 31, 2020	103.88M	-1.85M	-1.75%
Dec 31, 2019	105.72M	9.14M	9.46%
Dec 31, 2018	96.59M	-24.70M	-20.37%
Dec 31, 2017	121.29M	36.02M	42.24%
Dec 31, 2016	85.27M	28.81M	51.02%
Dec 31, 2015	56.46M	-12.26M	-17.84%
Dec 31, 2014	68.72M	7.47M	12.20%
Dec 31, 2013	61.25M	-	-

Data Source: Fiscal.ai Last updated: May 5, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

May 17, 2026

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