Ballard Power Systems (BLDP) Free Cash Flow (2009 - 2026)
Ballard Power Systems' Free Cash Flow was $12.24 million in the quarter ended Jun 30, 2026, down 45.7% from $22.54 million a year earlier.
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Analysis
Ballard Power Systems (BLDP) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ballard Power Systems' Free Cash Flow was -$1.24 million through Jun 30, 2026; for the year ended Dec 31, 2025, it was -$46.32 million.
- In earlier years, Free Cash Flow was -$82.25 million in the year ended Dec 31, 2024, -$63.36 million in the year ended Dec 31, 2023, -$98.24 million in the year ended Dec 31, 2022 and $93.66 million in the year ended Dec 31, 2021.
- Quarterly Free Cash Flow has moved between -$37.8 million (the quarter ended Mar 31, 2022) and $928.39 million (the quarter ended Dec 31, 2022) over five years.
- The best year-over-year quarter for Free Cash Flow over five years was the quarter ended Dec 31, 2021 (growth of 249.6%); the worst was the quarter ended Dec 31, 2025 (a decline of 97.5%).
- Per Business Quant data, BLDP's Free Cash Flow in the three quarters before the quarter ended Jun 30, 2026 was -$7.22 million (quarter ended Mar 31, 2026), $15.21 million (quarter ended Dec 31, 2025) and -$21.46 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 240.96 Bn | 200.87 Bn | 2.36 Bn | 5.11 Bn |
| 2 | Bloom Energy | 64.12 Bn | 55.92 Bn | 355.57 Mn | 174.79 Mn |
| 3 | First Solar | 18.84 Bn | 9.79 Bn | 605.00 Mn | -306.22 Mn |
| 4 | BWX Technologies | 12.33 Bn | 10.63 Bn | 202.31 Mn | 114.97 Mn |
| 5 | Nextpower | 11.98 Bn | 7.87 Bn | 335.85 Mn | 105.16 Mn |
| 6 | Generac Holdings | 11.41 Bn | 10.24 Bn | 521.81 Mn | 62.92 Mn |
| 7 | EnerSys | 6.22 Bn | 4.41 Bn | 313.36 Mn | 217.74 Mn |
| 8 | Enphase Energy | 4.20 Bn | -655.50 Mn | 175.01 Mn | 25.93 Mn |
| 9 | Mirion Technologies | 3.73 Bn | 1.57 Bn | 133.10 Mn | 48.10 Mn |
| 10 | Ballard Power Systems | 462.21 Mn | -1.62 Bn | 4.08 Mn | -19.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -19.50 Mn |
| Mar 31, 2026 | -7.22 Mn |
| Dec 31, 2025 | -4.48 Mn |
| Sep 30, 2025 | -21.46 Mn |
| Jun 30, 2025 | -18.10 Mn |
| Mar 31, 2025 | -21.97 Mn |
| Dec 31, 2024 | 557.78 Mn |
| Sep 30, 2024 | -17.51 Mn |
| Jun 30, 2024 | -33.21 Mn |
| Mar 31, 2024 | -12.70 Mn |
| Dec 31, 2023 | 676.02 Mn |
| Sep 30, 2023 | 28.93 Mn |
| Jun 30, 2023 | 43.00 Mn |
| Mar 31, 2023 | -24.92 Mn |
| Dec 31, 2022 | -74.35 Mn |
| Sep 30, 2022 | -23.66 Mn |
| Jun 30, 2022 | -30.29 Mn |
| Mar 31, 2022 | -37.80 Mn |
| Dec 31, 2021 | 9.51 Mn |
| Sep 30, 2021 | -12.26 Mn |
API Access
Ballard Power Systems Free Cash Flow 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=free-cash-flow&ticker=BLDP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=BLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();