Ballard Power Systems (BLDP) Consolidated Net Income (2009 - 2025)

Ballard Power Systems' (BLDP) quarterly Consolidated Net Income came in at -$17.5 million in Q4 2025, up 37.82% on a QoQ basis from -$28.1 million in Q3 2025.

Ballard Power Systems (BLDP) Consolidated Net Income (2009 - 2025) Analysis & Trends

Ballard Power Systems (BLDP) has 17 years of Consolidated Net Income data on file, last reported at -$17.5 million in Q4 2025.

  • On a quarterly basis, Consolidated Net Income changed N/A year-over-year to -$17.5 million in Q4 2025; TTM through Dec 2025 was -$90.8 million, a 12615.97% decrease from a year earlier, with the FY2024 full-year figure at -$715000.0, up 97.87% from the prior year.
  • Consolidated Net Income for Q4 2025 stood at -$17.5 million, up from -$28.1 million in the prior quarter.
  • Over the last five years, Consolidated Net Income for BLDP reached as high as $159000.0 in Q4 2021 and fell as low as -$28.1 million in Q3 2025.
  • Historically, Consolidated Net Income has averaged -$9.9 million across 5 years, with a median of -$2.1 million in 2023.
  • Across the five-year window, Consolidated Net Income soared 157.19% in 2021 and sank 2423100.0% in 2025, its largest moves.
  • Year by year, Consolidated Net Income stood at $159000.0 in 2021, then plunged by 8353.46% to -$13.1 million in 2022, then jumped by 82.02% to -$2.4 million in 2023, then soared by 79.36% to -$487000.0 in 2024, then tumbled by 3483.98% to -$17.5 million in 2025.
  • Per Business Quant data, the three most recent Consolidated Net Income figures were -$17.5 million in Q4 2025, -$28.1 million in Q3 2025, and -$24.2 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 1.96 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 390.10 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 73.66 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 183.00 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 2.00 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn -500,000.00
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn -55.00 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 45.89 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 77.30 Mn
10 Ballard Power Systems 895.53 Mn 364.27 Mn 5.64 Mn -17.45 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -17.45 Mn
Sep 30, 2025 -28.07 Mn
Jun 30, 2025 -24.23 Mn
Mar 31, 2025 -21.04 Mn
Sep 30, 2024 -487,000.00
Jun 30, 2024 -1,000.00
Mar 31, 2024 -226,000.00
Dec 31, 2023 -2.36 Mn
Sep 30, 2023 -27.73 Mn
Jun 30, 2023 -1.88 Mn
Mar 31, 2023 -1.53 Mn
Dec 31, 2022 -13.12 Mn
Dec 31, 2021 159,000.00
Sep 30, 2021 -5,000.00
Dec 31, 2020 -278,000.00
Sep 30, 2020 -544,000.00
Jun 30, 2020 -687,000.00
Mar 31, 2020 -399,000.00
Dec 31, 2019 -478,000.00
Sep 30, 2019 -475,000.00