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