Ballard Power Systems BLDP
NASDAQ BLDP
$2.22 -0.13 (-5.72%)
As of: Sep 10, 2026 · 3:59 PM EDT

Ballard Power Systems (BLDP) Enterprise Value (2009 - 2026)

Ballard Power Systems' (BLDP) quarterly Enterprise Value came in at $664.9 million in Q2 2026, up 981.94% year-over-year from $61.5 million in Q2 2025, and up 221.15% quarter-over-quarter from $207.0 million in Q1 2026.

Analysis

Ballard Power Systems (BLDP) Enterprise Value (2009 - 2026) Analysis & Trends

Ballard Power Systems (BLDP) has reported Enterprise Value for 18 consecutive years, with $664.9 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Enterprise Value rose 981.94% year-over-year to $664.9 million in Q2 2026; TTM through Jun 2026 was $664.9 million, a 981.94% increase from a year earlier, with the FY2025 full-year figure at $232.7 million, up 313.55% from the prior year.
  • Enterprise Value was $664.9 million for Q2 2026 at Ballard Power Systems, up from $207.0 million in the prior quarter.
  • Over five years, Enterprise Value peaked at $2.4 billion in Q1 2022 and troughed at -$249.3 million in Q1 2025.
  • A 5-year average of $420.2 million and a median of $301.4 million in 2023 frame the typical range for Enterprise Value.
  • Across the five-year window, Enterprise Value plunged 1058.26% in 2025 and surged 981.94% in 2026, its largest moves.
  • Over 5 years, Enterprise Value stood at $513.6 million in 2022, then sank by 31.3% to $352.8 million in 2023, then tumbled by 130.89% to -$109.0 million in 2024, then surged by 313.55% to $232.7 million in 2025, then soared by 185.69% to $664.9 million in 2026.
  • The last three Enterprise Value figures came in at $664.9 million (Q2 2026), $207.0 million (Q1 2026), and $232.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bloom Energy 74.04 Bn 71.37 Bn 355.57 Mn
2 Fuelcell Energy 33.44 Bn 32.78 Bn -24.50 Mn
3 Ballard Power Systems 667.85 Mn 162.70 Mn 4.08 Mn
4 Sunhydrogen 89.43 Mn 89.43 Mn -45,724.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 664.90 Mn
Mar 31, 2026 207.04 Mn
Dec 31, 2025 232.74 Mn
Sep 30, 2025 289.54 Mn
Jun 30, 2025 -75.39 Mn
Mar 31, 2025 -249.33 Mn
Dec 31, 2024 -108.98 Mn
Sep 30, 2024 -98.28 Mn
Jun 30, 2024 -6.51 Mn
Mar 31, 2024 108.47 Mn
Dec 31, 2023 352.82 Mn
Sep 30, 2023 313.25 Mn
Jun 30, 2023 485.17 Mn
Mar 31, 2023 796.47 Mn
Dec 31, 2022 513.57 Mn
Sep 30, 2022 867.44 Mn
Jun 30, 2022 873.75 Mn
Mar 31, 2022 2.40 Bn
Dec 31, 2021 2.61 Bn
Sep 30, 2021 2.96 Bn