Ballard Power Systems (BLDP) Cash from Operations (2009 - 2026)
Ballard Power Systems' Cash from Operations was $11.4 million in the quarter ended Jun 30, 2026, down 43.8% from $20.3 million a year earlier.
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Analysis
Ballard Power Systems (BLDP) Cash from Operations (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ballard Power Systems' Cash from Operations was -$7.84 million through Jun 30, 2026; for the year ended Dec 31, 2025, it was -$56.17 million.
- In earlier years, Cash from Operations was -$108.1 million in the year ended Dec 31, 2024, -$104.57 million in the year ended Dec 31, 2023, -$132.17 million in the year ended Dec 31, 2022 and $80.5 million in the year ended Dec 31, 2021.
- Quarterly Cash from Operations has moved between -$41.69 million (the quarter ended Mar 31, 2022) and $913.7 million (the quarter ended Dec 31, 2022) over five years.
- The best year-over-year quarter for Cash from Operations over five years was the quarter ended Dec 31, 2021 (growth of 358.2%); the worst was the quarter ended Dec 31, 2025 (a decline of 98.1%).
- Per Business Quant data, BLDP's Cash from Operations in the three quarters before the quarter ended Jun 30, 2026 was -$7.81 million (quarter ended Mar 31, 2026), $11.43 million (quarter ended Dec 31, 2025) and -$22.86 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 243.42 Bn | 203.34 Bn | 2.36 Bn | 5.49 Bn |
| 2 | Bloom Energy | 64.86 Bn | 56.65 Bn | 355.57 Mn | 226.43 Mn |
| 3 | First Solar | 18.49 Bn | 9.44 Bn | 605.00 Mn | -144.90 Mn |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn | 156.40 Mn |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | 121.06 Mn |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn | 121.21 Mn |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn | 230.16 Mn |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 40.32 Mn |
| 9 | Mirion Technologies | 3.66 Bn | 1.50 Bn | 133.10 Mn | 58.50 Mn |
| 10 | Ballard Power Systems | 457.74 Mn | -1.63 Bn | 4.08 Mn | -20.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -20.33 Mn |
| Mar 31, 2026 | -7.81 Mn |
| Dec 31, 2025 | 11.43 Mn |
| Sep 30, 2025 | -22.86 Mn |
| Jun 30, 2025 | -20.33 Mn |
| Mar 31, 2025 | -24.40 Mn |
| Dec 31, 2024 | 603.90 Mn |
| Sep 30, 2024 | -28.60 Mn |
| Jun 30, 2024 | -35.10 Mn |
| Mar 31, 2024 | -19.99 Mn |
| Dec 31, 2023 | 751.10 Mn |
| Sep 30, 2023 | 22.00 Mn |
| Jun 30, 2023 | 27.70 Mn |
| Mar 31, 2023 | -36.56 Mn |
| Dec 31, 2022 | -21.18 Mn |
| Sep 30, 2022 | -30.32 Mn |
| Jun 30, 2022 | -38.98 Mn |
| Mar 31, 2022 | -41.69 Mn |
| Dec 31, 2021 | 30.70 Mn |
| Sep 30, 2021 | -14.44 Mn |
API Access
Ballard Power Systems Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=BLDP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "BLDP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=BLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();