Ballard Power Systems (BLDP) EBT Margin (2009 - 2026)
Ballard Power Systems' EBT Margin was -98.33% in the quarter ended Jun 30, 2026, up 37.62 percentage points from -135.95% a year earlier but down 157.02 percentage points from the prior quarter.
Ballard Power Systems (BLDP) EBT Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ballard Power Systems' EBT Margin was -11.79% through Jun 30, 2026, up 315.48 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at -91.44%, up 372.36 percentage points from the prior year.
- EBT Margin shows a five-year change of -43.94 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, EBT Margin was -463.80% in the year ended Dec 31, 2024 (-323.08 pp), -140.72% in the year ended Dec 31, 2023 (+55.14 pp), -195.86% in the year ended Dec 31, 2022 (-86.19 pp) and -109.67% in the year ended Dec 31, 2021 (-62.17 pp).
- Quarterly EBT Margin has moved between -1386.09% (the quarter ended Sep 30, 2024) and 216.31% (the quarter ended Dec 31, 2022) over five years.
- Compared with a year earlier, EBT Margin was higher in five of the last eight quarters, with an average year-over-year change of +81.15 percentage points.
- The best year-over-year quarter for EBT Margin over five years was the quarter ended Dec 31, 2021 (a gain of 9909.89 percentage points); the worst was the quarter ended Sep 30, 2024 (a drop of 1257.85 percentage points).
- Per Business Quant data, BLDP's EBT Margin in the three quarters before the quarter ended Jun 30, 2026 was 58.70% (quarter ended Mar 31, 2026), 72.57% (quarter ended Dec 31, 2025) and -86.37% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 243.42 Bn | 203.34 Bn | 2.36 Bn | 8.33% |
| 2 | Bloom Energy | 64.86 Bn | 56.65 Bn | 355.57 Mn | 18.80% |
| 3 | First Solar | 18.49 Bn | 9.44 Bn | 605.00 Mn | 43.49% |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn | 12.60% |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | 21.27% |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn | 16.17% |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn | 14.43% |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 21.21% |
| 9 | Mirion Technologies | 3.66 Bn | 1.50 Bn | 133.10 Mn | 4.24% |
| 10 | Ballard Power Systems | 457.74 Mn | -1.63 Bn | 4.08 Mn | -98.33% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -98.33% |
| Mar 31, 2026 | 58.70% |
| Dec 31, 2025 | 72.57% |
| Sep 30, 2025 | -86.37% |
| Jun 30, 2025 | -135.95% |
| Mar 31, 2025 | 178.70% |
| Dec 31, 2024 | -146.84% |
| Sep 30, 2024 | -1,386.09% |
| Jun 30, 2024 | -196.18% |
| Mar 31, 2024 | -283.91% |
| Dec 31, 2023 | -94.29% |
| Sep 30, 2023 | -128.24% |
| Jun 30, 2023 | -223.44% |
| Mar 31, 2023 | -244.57% |
| Dec 31, 2022 | -250.19% |
| Sep 30, 2022 | -164.47% |
| Jun 30, 2022 | -266.11% |
| Mar 31, 2022 | -192.88% |
| Dec 31, 2021 | -69.42% |
| Sep 30, 2021 | -122.29% |
Ballard Power Systems EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=BLDP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "BLDP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=BLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();