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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |