Ballard Power Systems (BLDP) EBIT (2009 - 2025)
Ballard Power Systems (BLDP) reported EBIT of -$11.3 million for Q4 2025, up 69.05% year-over-year from -$6.7 million in Q4 2024, and up 62.38% quarter-over-quarter from -$29.9 million in Q3 2025.
Ballard Power Systems (BLDP) EBIT (2009 - 2025) Analysis & Trends
Ballard Power Systems (BLDP) has 17 years of EBIT data on file, last reported at -$11.3 million in Q4 2025.
- EBIT for Q4 2025 came in at -$11.3 million, up 69.05% year-over-year; the trailing twelve-month figure through Dec 2025 was -$103.5 million (up 43.56% YoY), and the FY2025 annual result was -$103.5 million, up 43.56% from the prior year.
- EBIT climbed to -$11.3 million in Q4 2025 per BLDP's latest filing, from -$29.9 million in the prior quarter.
- Over five years, EBIT peaked at -$11.3 million in Q4 2025 and troughed at -$63.1 million in Q3 2024.
- A 5-year average of -$34.2 million and a median of -$34.8 million in 2024 frame the typical range for EBIT.
- The sharpest annual moves came in 2021 and 2025: EBIT slumped 217.45% in 2021, then jumped 69.05% in 2025.
- A 5-year view of EBIT shows it stood at -$27.5 million in 2021, then retreated by 6.71% to -$29.4 million in 2022, then tumbled by 53.61% to -$45.1 million in 2023, then gained by 19.38% to -$36.4 million in 2024, then jumped by 69.05% to -$11.3 million in 2025.
- Business Quant data shows BLDP's EBIT at -$11.3 million in Q4 2025, -$29.9 million in Q3 2025, and -$33.2 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - | - |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn | 440.10 Mn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn | 72.20 Mn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn | 195.70 Mn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn | 263.80 Mn |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn | 68.30 Mn |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn | -11.26 Mn |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn | 57.58 Mn |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn | 133.00 Mn |
| 10 | EnerSys | 8.48 Bn | 8.04 Bn | 290.87 Mn | 123.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -11.26 Mn |
| Sep 30, 2025 | -29.94 Mn |
| Jun 30, 2025 | -33.20 Mn |
| Mar 31, 2025 | -29.06 Mn |
| Dec 31, 2024 | -36.39 Mn |
| Sep 30, 2024 | -63.08 Mn |
| Jun 30, 2024 | -41.35 Mn |
| Mar 31, 2024 | -42.48 Mn |
| Dec 31, 2023 | -45.14 Mn |
| Sep 30, 2023 | -37.56 Mn |
| Jun 30, 2023 | -38.76 Mn |
| Mar 31, 2023 | -41.45 Mn |
| Dec 31, 2022 | -29.39 Mn |
| Sep 30, 2022 | -44.76 Mn |
| Jun 30, 2022 | -40.66 Mn |
| Mar 31, 2022 | -30.52 Mn |
| Dec 31, 2021 | -27.54 Mn |
| Sep 30, 2021 | -24.61 Mn |
| Jun 30, 2021 | -20.61 Mn |
| Mar 31, 2021 | -15.34 Mn |