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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |