Ballard Power Systems Inc. (BLDP)

NASDAQ: BLDP · Real-Time Price · USD

2.670

-0.120 (-4.30%)

At close: Jul 31, 2026, 4:00 PM EDT

2.716

+0.046 (1.71%)

After-hours: Jul 31, 2026, 7:57 PM EDT

Ballard Power Systems Income Statement

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	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%
Cost of Revenue	88.75	93.91	91.71	124.2	95.17	90.49
Gross Profit	17.41	5.46	-21.98	-21.83	-13.31	14.01
Selling, General & Admin	25.05	26.5	37.02	38.98	38.89	37.63
Research & Development	42.19	58.74	94.49	98.31	89.72	62.16
Other Operating Expenses	21.86	23.68	29.81	3.78	3.41	2.33
Total Operating Expenses	89.1	108.92	161.32	141.07	132.02	102.12
Operating Income	-71.69	-103.46	-183.3	-162.9	-145.33	-88.1
Interest Income	5.03	27.38	18.93	31.06	-2.11	-
Interest Expense	-1.77	-1.91	-2.15	-1.11	-1.27	-1.29
Other Non-Operating Income (Expense)	-1.47	-12.88	-156.9	-11.1	-11.62	-35.32
Total Non-Operating Income (Expense)	1.8	12.6	-140.11	18.85	-15	-36.62
Pretax Income	-65.82	-90.86	-323.41	-144.05	-160.33	-114.61
Provision for Income Taxes	0.05	0.05	0.12	0.16	0.04	0.22
Net Income	-28.07	-90.91	-323.53	-144.21	-160.37	-114.4
Earnings From Discontinued Operations	-	-	-0.72	-33.51	-13.12	0.16
Net Income to Common	-28.07	-90.91	-324.25	-177.72	-173.49	-114.23
Net Income Growth	-	-	-	-	-	-
Shares Outstanding (Basic)	301	300	299	299	321	295
Shares Outstanding (Diluted)	301	300	299	299	321	295
Shares Change	0.46%	0.28%	0.22%	-7.04%	8.80%	18.84%
EPS (Basic)	-0.26	-0.30	-1.08	-0.59	-0.54	-0.39
EPS (Diluted)	-0.26	-0.30	-1.08	-0.59	-0.54	-0.39
EPS Growth	-	-	-	-	-	-

Additional Metrics

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
Free Cash Flow	-37.24	-66.01	-133.95	-145.78	-166.1	-93.63
Free Cash Flow Growth	-	-	-	-	-	-
Free Cash Flow Per Share	-0.12	-0.22	-0.45	-0.49	-0.52	-0.32
Gross Margin	16.40%	5.50%	-31.52%	-21.33%	-16.26%	13.41%
Operating Margin	-67.53%	-104.11%	-262.87%	-159.14%	-177.53%	-84.31%
Profit Margin	-26.44%	-91.49%	-463.97%	-140.87%	-195.91%	-109.47%
FCF Margin	-35.08%	-66.43%	-192.09%	-142.41%	-202.91%	-89.60%
EBITDA	-67.52	-99.33	-171.33	-149.38	-131.56	-78.35
EBITDA Margin	-63.60%	-99.96%	-245.70%	-145.92%	-160.71%	-74.97%
EBIT	-71.69	-103.46	-183.3	-162.9	-145.33	-88.1
EBIT Margin	-67.53%	-104.11%	-262.87%	-159.14%	-177.53%	-84.31%
Effective Tax Rate	-0.08%	-0.06%	-0.04%	-0.11%	-0.03%	-0.19%

SEC Filings: 10-K · 10-Q