Ballard Power Systems (BLDP) Cost of Revenue (2009 - 2026)

Ballard Power Systems (BLDP) has reported Cost of Revenue for 18 consecutive years, with $16.5 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Cost of Revenue fell 14.58% year-over-year to $16.5 million in Q2 2026; TTM through Jun 2026 was $88.8 million, a 0.34% change from a year earlier, with the FY2025 full-year figure at $93.9 million, up 2.39% from the prior year.
• Cost of Revenue was $16.5 million for Q2 2026 at Ballard Power Systems, down from $16.7 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $56.9 million in Q4 2023 and troughed at $16.5 million in Q2 2026.
• A 5-year average of $24.3 million and a median of $22.1 million in 2022 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue jumped 130.72% in 2023 and slumped 51.25% in 2024, its largest moves.
• Over 5 years, Cost of Revenue stood at $24.7 million in 2022, then jumped by 130.72% to $56.9 million in 2023, then plunged by 51.25% to $27.7 million in 2024, then increased by 1.04% to $28.0 million in 2025, then slumped by 41.08% to $16.5 million in 2026.
• The last three Cost of Revenue figures came in at $16.5 million (Q2 2026), $16.7 million (Q1 2026), and $28.0 million (Q4 2025), per Business Quant data.