Ballard Power Systems BLDP
NASDAQ BLDP
$2.34 +0.05 (+2.18%)
At close: Sep 4, 2026 · 4:00 PM EDT

Ballard Power Systems (BLDP) Consolidated Net Income (2009 - 2026)

Ballard Power Systems' (BLDP) quarterly Consolidated Net Income came in at -$20.2 million in Q2 2026, up 16.52% year-over-year from -$17.4 million in Q2 2025, and down 97.31% quarter-over-quarter from -$10.3 million in Q1 2026.

Analysis

Ballard Power Systems (BLDP) Consolidated Net Income (2009 - 2026) Analysis & Trends

Ballard Power Systems (BLDP) has reported Consolidated Net Income for 18 consecutive years, with -$20.2 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Consolidated Net Income rose 16.52% year-over-year to -$20.2 million in Q2 2026; TTM through Jun 2026 was -$76.1 million, a 74.36% increase from a year earlier, with the FY2025 full-year figure at -$90.8 million, up 71.97% from the prior year.
  • Consolidated Net Income was -$20.2 million for Q2 2026 at Ballard Power Systems, down from -$10.3 million in the prior quarter.
  • Over five years, Consolidated Net Income peaked at -$10.3 million in Q1 2026 and troughed at -$205.0 million in Q3 2024.
  • A 5-year average of -$44.1 million and a median of -$32.7 million in 2023 frame the typical range for Consolidated Net Income.
  • Across the five-year window, Consolidated Net Income tumbled 228.48% in 2024 and soared 86.31% in 2025, its largest moves.
  • Over 5 years, Consolidated Net Income stood at -$30.8 million in 2022, then slumped by 66.13% to -$51.2 million in 2023, then increased by 9.32% to -$46.5 million in 2024, then soared by 62.28% to -$17.5 million in 2025, then fell by 15.42% to -$20.2 million in 2026.
  • The last three Consolidated Net Income figures came in at -$20.2 million (Q2 2026), -$10.3 million (Q1 2026), and -$17.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Qtr)
1 Bloom Energy 74.18 Bn 71.54 Bn 355.57 Mn 198.83 Mn
2 Fuelcell Energy 1.20 Bn 545.00 Mn -24.50 Mn -45.28 Mn
3 Ballard Power Systems 703.84 Mn 198.69 Mn 4.08 Mn -20.23 Mn
4 Sunhydrogen 114.56 Mn 114.56 Mn -45,724.00 -1.41 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -20.23 Mn
Mar 31, 2026 -10.25 Mn
Dec 31, 2025 -17.53 Mn
Sep 30, 2025 -28.07 Mn
Jun 30, 2025 -24.23 Mn
Mar 31, 2025 -21.00 Mn
Dec 31, 2024 -46.47 Mn
Sep 30, 2024 -205.02 Mn
Jun 30, 2024 -31.33 Mn
Mar 31, 2024 -41.22 Mn
Dec 31, 2023 -51.25 Mn
Sep 30, 2023 -62.41 Mn
Jun 30, 2023 -30.10 Mn
Mar 31, 2023 -34.12 Mn
Dec 31, 2022 -30.85 Mn
Sep 30, 2022 -42.88 Mn
Jun 30, 2022 -55.62 Mn
Mar 31, 2022 -40.80 Mn
Dec 31, 2021 -43.83 Mn
Sep 30, 2021 -30.84 Mn