Ballard Power Systems (BLDP) EBT (2009 - 2026)
Ballard Power Systems' (BLDP) quarterly EBT came in at -$20.3 million in Q2 2026, up 16.5% year-over-year from -$17.4 million in Q2 2025, and down 97.53% quarter-over-quarter from -$10.3 million in Q1 2026.
Analysis
Ballard Power Systems (BLDP) EBT (2009 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported EBT for 18 consecutive years, with -$20.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT rose 16.5% year-over-year to -$20.3 million in Q2 2026; TTM through Jun 2026 was -$76.1 million, a 74.32% increase from a year earlier, with the FY2025 full-year figure at -$90.9 million, up 71.9% from the prior year.
- EBT was -$20.3 million for Q2 2026 at Ballard Power Systems, down from -$10.3 million in the prior quarter.
- Over five years, EBT peaked at -$10.3 million in Q1 2026 and troughed at -$204.5 million in Q3 2024.
- A 5-year average of -$41.6 million and a median of -$31.9 million in 2023 frame the typical range for EBT.
- Across the five-year window, EBT sank 489.41% in 2024 and jumped 86.28% in 2025, its largest moves.
- Over 5 years, EBT stood at -$20.7 million in 2022, then tumbled by 135.64% to -$48.8 million in 2023, then rose by 4.9% to -$46.5 million in 2024, then jumped by 62.33% to -$17.5 million in 2025, then fell by 15.73% to -$20.3 million in 2026.
- The last three EBT figures came in at -$20.3 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) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Bloom Energy | 77.62 Bn | 74.95 Bn | 355.57 Mn | 200.33 Mn |
| 2 | Fuelcell Energy | 35.19 Bn | 34.53 Bn | -24.50 Mn | -45.28 Mn |
| 3 | Ballard Power Systems | 706.87 Mn | 201.72 Mn | 4.08 Mn | -20.25 Mn |
| 4 | Sunhydrogen | 93.29 Mn | 93.29 Mn | -45,724.00 | -1.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -20.25 Mn |
| Mar 31, 2026 | -10.25 Mn |
| Dec 31, 2025 | -17.50 Mn |
| Sep 30, 2025 | -28.07 Mn |
| Jun 30, 2025 | -24.26 Mn |
| Mar 31, 2025 | -21.04 Mn |
| Dec 31, 2024 | -46.45 Mn |
| Sep 30, 2024 | -204.53 Mn |
| Jun 30, 2024 | -31.40 Mn |
| Mar 31, 2024 | -41.03 Mn |
| Dec 31, 2023 | -48.85 Mn |
| Sep 30, 2023 | -34.70 Mn |
| Jun 30, 2023 | -28.12 Mn |
| Mar 31, 2023 | -32.39 Mn |
| Dec 31, 2022 | -20.73 Mn |
| Sep 30, 2022 | -43.30 Mn |
| Jun 30, 2022 | -55.70 Mn |
| Mar 31, 2022 | -40.60 Mn |
| Dec 31, 2021 | -44.07 Mn |
| Sep 30, 2021 | -30.84 Mn |