Ballard Power Systems (BLDP) Enterprise Value (2009 - 2026)
Ballard Power Systems' Enterprise Value was $664.9 million in the quarter ended Jun 30, 2026, compared with -$75.39 million a year earlier and up 221.2% from the prior quarter.
Powered by 
Analysis
Ballard Power Systems (BLDP) Enterprise Value (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ballard Power Systems' Enterprise Value was -$915.09 million through Jun 30, 2026; for the year ended Dec 31, 2025, it came in at $232.74 million.
- Enterprise Value shows a five-year compound annual growth rate of -47.5% (years ended Dec 2020 to Dec 2025).
- In earlier years, Enterprise Value was -$108.98 million in the year ended Dec 31, 2024, $352.82 million in the year ended Dec 31, 2023 (-31.3%), $513.57 million in the year ended Dec 31, 2022 (-80.3%) and $2.61 billion in the year ended Dec 31, 2021 (-55.2%).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Enterprise Value since the quarter ended Mar 31, 2023.
- Across the past five years, year-over-year decline in Enterprise Value ran from 11.9% in the quarter ended Sep 30, 2021 to 86.4% in the quarter ended Mar 31, 2024.
- Per Business Quant data, BLDP's Enterprise Value in the three quarters before the quarter ended Jun 30, 2026 was $207.01 million (quarter ended Mar 31, 2026), $232.74 million (quarter ended Dec 31, 2025) and $289.54 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 249.42 Bn | 209.34 Bn | 2.36 Bn |
| 2 | Bloom Energy | 69.00 Bn | 60.79 Bn | 355.57 Mn |
| 3 | First Solar | 18.65 Bn | 9.60 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.44 Bn | 10.74 Bn | 202.31 Mn |
| 5 | Nextpower | 12.36 Bn | 8.26 Bn | 335.85 Mn |
| 6 | Generac Holdings | 11.98 Bn | 10.81 Bn | 521.81 Mn |
| 7 | EnerSys | 6.42 Bn | 4.61 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.23 Bn | -633.01 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.77 Bn | 1.61 Bn | 133.10 Mn |
| 10 | Ballard Power Systems | 460.74 Mn | -1.62 Bn | 4.08 Mn |
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 |
API Access
Ballard Power Systems Enterprise Value 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=enterprise-value&ticker=BLDP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=BLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();