Ballard Power Systems (BLDP) EBIT (2009 - 2026)
Ballard Power Systems' (BLDP) quarterly EBIT came in at -$16.8 million in Q2 2026, up 49.27% year-over-year from -$11.3 million in Q2 2025, and down 23.39% quarter-over-quarter from -$13.6 million in Q1 2026.
Analysis
Ballard Power Systems (BLDP) EBIT (2009 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported EBIT for 18 consecutive years, with -$16.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBIT rose 49.27% year-over-year to -$16.8 million in Q2 2026; TTM through Jun 2026 was -$71.7 million, a 55.67% increase from a year earlier, with the FY2025 full-year figure at -$103.5 million, up 43.56% from the prior year.
- EBIT was -$16.8 million for Q2 2026 at Ballard Power Systems, down from -$13.6 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 -$34.7 million and a median of -$37.0 million in 2023 frame the typical range for EBIT.
- Across the five-year window, EBIT tumbled 98.9% in 2022 and soared 69.05% in 2025, its largest moves.
- Over 5 years, EBIT stood at -$29.4 million in 2022, then plunged by 53.61% to -$45.1 million in 2023, then rose by 19.38% to -$36.4 million in 2024, then soared by 69.05% to -$11.3 million in 2025, then tumbled by 49.55% to -$16.8 million in 2026.
- The last three EBIT figures came in at -$16.8 million (Q2 2026), -$13.6 million (Q1 2026), and -$11.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Bloom Energy | 77.62 Bn | 74.95 Bn | 355.57 Mn | 182.24 Mn |
| 2 | Fuelcell Energy | 35.19 Bn | 34.53 Bn | -24.50 Mn | -46.66 Mn |
| 3 | Ballard Power Systems | 706.87 Mn | 201.72 Mn | 4.08 Mn | -16.84 Mn |
| 4 | Sunhydrogen | 93.29 Mn | 93.29 Mn | -45,724.00 | -1.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -16.84 Mn |
| Mar 31, 2026 | -13.65 Mn |
| 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 |