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