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) Market Capitalization (2009 - 2026)

Ballard Power Systems' (BLDP) quarterly Market Capitalization came in at $1.2 billion in Q2 2026, up 145.42% year-over-year from $476.8 million in Q2 2025, and up 60.74% quarter-over-quarter from $727.9 million in Q1 2026.

Analysis

Ballard Power Systems (BLDP) Market Capitalization (2009 - 2026) Analysis & Trends

Ballard Power Systems (BLDP) has reported Market Capitalization for 18 consecutive years, with $1.2 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Market Capitalization rose 145.42% year-over-year to $1.2 billion in Q2 2026; TTM through Jun 2026 was $1.2 billion, a 145.42% increase from a year earlier, with the FY2025 full-year figure at $764.0 million, up 53.7% from the prior year.
  • Market Capitalization was $1.2 billion for Q2 2026 at Ballard Power Systems, up from $727.9 million in the prior quarter.
  • Over five years, Market Capitalization peaked at $3.5 billion in Q1 2022 and troughed at $329.5 million in Q1 2025.
  • A 5-year average of $1.1 billion and a median of $963.7 million in 2023 frame the typical range for Market Capitalization.
  • Across the five-year window, Market Capitalization sank 65.16% in 2022 and jumped 145.42% in 2026, its largest moves.
  • Over 5 years, Market Capitalization stood at $1.4 billion in 2022, then declined by 22.62% to $1.1 billion in 2023, then slumped by 55.06% to $497.1 million in 2024, then jumped by 53.7% to $764.0 million in 2025, then jumped by 53.15% to $1.2 billion in 2026.
  • The last three Market Capitalization figures came in at $1.2 billion (Q2 2026), $727.9 million (Q1 2026), and $764.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bloom Energy 74.18 Bn 71.54 Bn 355.57 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
Jun 30, 2026 1.17 Bn
Mar 31, 2026 727.90 Mn
Dec 31, 2025 763.99 Mn
Sep 30, 2025 817.39 Mn
Jun 30, 2025 476.75 Mn
Mar 31, 2025 329.47 Mn
Dec 31, 2024 497.07 Mn
Sep 30, 2024 538.94 Mn
Jun 30, 2024 673.63 Mn
Mar 31, 2024 831.25 Mn
Dec 31, 2023 1.11 Bn
Sep 30, 2023 1.10 Bn
Jun 30, 2023 1.30 Bn
Mar 31, 2023 1.66 Bn
Dec 31, 2022 1.43 Bn
Sep 30, 2022 1.82 Bn
Jun 30, 2022 1.88 Bn
Mar 31, 2022 3.47 Bn
Dec 31, 2021 3.74 Bn
Sep 30, 2021 4.18 Bn