Ballard Power Systems BLDP
NASDAQ BLDP
$2.36 -0.01 (-0.42%)
As of: Sep 9, 2026 · 3:59 PM EDT

Ballard Power Systems (BLDP) Equity Income (2017 - 2025)

Ballard Power Systems' (BLDP) quarterly Equity Income came in at -$1.6 million in Q4 2025, up 37.9% year-over-year from -$1.1 million in Q4 2024, and up 17.15% quarter-over-quarter from -$1.9 million in Q3 2025.

Analysis

Ballard Power Systems (BLDP) Equity Income (2017 - 2025) Analysis & Trends

Ballard Power Systems (BLDP) has reported Equity Income for 9 consecutive years, with -$1.6 million the latest figure, recorded in Q4 2025.

  • On a quarterly basis, Equity Income rose 37.9% year-over-year to -$1.6 million in Q4 2025; TTM through Dec 2025 was -$4.7 million, a 4.33% increase from a year earlier, with the FY2025 full-year figure at -$4.7 million, up 4.33% from the prior year.
  • Equity Income was -$1.6 million for Q4 2025 at Ballard Power Systems, up from -$1.9 million in the prior quarter.
  • Over five years, Equity Income peaked at -$444000.0 in Q2 2025 and troughed at -$6.8 million in Q4 2022.
  • A 5-year average of -$2.4 million and a median of -$1.8 million in 2022 frame the typical range for Equity Income.
  • Across the five-year window, Equity Income jumped 75.59% in 2022 and sank 304.01% in 2023, its largest moves.
  • Over 5 years, Equity Income stood at -$4.9 million in 2021, then plunged by 39.53% to -$6.8 million in 2022, then soared by 35.86% to -$4.3 million in 2023, then soared by 41.8% to -$2.5 million in 2024, then surged by 37.9% to -$1.6 million in 2025.
  • The last three Equity Income figures came in at -$1.6 million (Q4 2025), -$1.9 million (Q3 2025), and -$444000.0 (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Income (Qtr)
1 Bloom Energy 74.18 Bn 71.54 Bn 355.57 Mn 4.35 Mn
2 Fuelcell Energy 38.38 Bn 37.73 Bn -24.50 Mn -
3 Ballard Power Systems 703.84 Mn 198.69 Mn 4.08 Mn -
4 Sunhydrogen 114.56 Mn 114.56 Mn -45,724.00 -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 -1.57 Mn
Sep 30, 2025 -1.90 Mn
Jun 30, 2025 -444,000.00
Mar 31, 2025 -818,000.00
Dec 31, 2024 -2.53 Mn
Sep 30, 2024 -1.11 Mn
Jun 30, 2024 -468,000.00
Mar 31, 2024 -834,000.00
Dec 31, 2023 -4.34 Mn
Sep 30, 2023 -4.03 Mn
Jun 30, 2023 -893,000.00
Mar 31, 2023 -862,000.00
Dec 31, 2022 -6.77 Mn
Sep 30, 2022 -998,000.00
Jun 30, 2022 -1.61 Mn
Mar 31, 2022 -2.24 Mn
Dec 31, 2021 -4.85 Mn
Sep 30, 2021 -4.09 Mn
Jun 30, 2021 -4.24 Mn
Mar 31, 2021 -2.95 Mn