Ballard Power Systems (BLDP) EBIT Margin (2009 - 2026)
Ballard Power Systems' (BLDP) quarterly EBIT Margin came in at 81.77% in Q2 2026, up 10431.0% year-over-year from N/an in Q2 2025, and down 16.34% quarter-over-quarter from 70.28% in Q1 2026.
Analysis
Ballard Power Systems (BLDP) EBIT Margin (2009 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported EBIT Margin for 18 consecutive years, with 81.77% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBIT Margin rose 10431.0% year-over-year to 81.77% in Q2 2026; TTM through Jun 2026 was 67.53%, a 15553.0% increase from a year earlier, with the FY2025 full-year figure at 104.11%, up 15875.0% from the prior year.
- EBIT Margin was 81.77% for Q2 2026 at Ballard Power Systems, down from 70.28% in the prior quarter.
- Over five years, EBIT Margin peaked at 33.48% in Q4 2025 and troughed at 427.51% in Q3 2024.
- A 5-year average of 182.76% and a median of 172.3% in 2025 frame the typical range for EBIT Margin.
- Across the five-year window, EBIT Margin soared 1979584 bps in 2022 and slumped 28872 bps in 2024, its largest moves.
- Over 5 years, EBIT Margin stood at 158.51% in 2022, then jumped by 39 bps to 96.55% in 2023, then tumbled by 54 bps to 148.41% in 2024, then jumped by 77 bps to 33.48% in 2025, then slumped by 144 bps to 81.77% in 2026.
- The last three EBIT Margin figures came in at 81.77% (Q2 2026), 70.28% (Q1 2026), and 33.48% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bloom Energy | 74.04 Bn | 71.37 Bn | 355.57 Mn | 17.11% |
| 2 | Fuelcell Energy | 33.44 Bn | 32.78 Bn | -24.50 Mn | -141.39% |
| 3 | Ballard Power Systems | 667.85 Mn | 162.70 Mn | 4.08 Mn | -81.77% |
| 4 | Sunhydrogen | 89.43 Mn | 89.43 Mn | -45,724.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -81.77% |
| Mar 31, 2026 | -70.28% |
| Dec 31, 2025 | -33.48% |
| Sep 30, 2025 | -92.11% |
| Jun 30, 2025 | -186.08% |
| Mar 31, 2025 | -188.84% |
| Dec 31, 2024 | -148.41% |
| Sep 30, 2024 | -427.51% |
| Jun 30, 2024 | -258.40% |
| Mar 31, 2024 | -293.90% |
| Dec 31, 2023 | -96.55% |
| Sep 30, 2023 | -138.78% |
| Jun 30, 2023 | -253.09% |
| Mar 31, 2023 | -313.01% |
| Dec 31, 2022 | -158.51% |
| Sep 30, 2022 | -209.72% |
| Jun 30, 2022 | -194.27% |
| Mar 31, 2022 | -145.00% |
| Dec 31, 2021 | -19,954.35% |
| Sep 30, 2021 | -97.58% |