Ballard Power Systems BLDP
NASDAQ BLDP
$2.22 -0.13 (-5.72%)
As of: Sep 10, 2026 · 3:59 PM EDT

Ballard Power Systems (BLDP) Net Income (2009 - 2026)

Ballard Power Systems' (BLDP) quarterly Net Income came in at -$20.3 million in Q2 2026, up 16.49% year-over-year from -$17.4 million in Q2 2025, and down 77.98% quarter-over-quarter from -$11.4 million in Q1 2026.

Analysis

Ballard Power Systems (BLDP) Net Income (2009 - 2026) Analysis & Trends

Ballard Power Systems (BLDP) has reported Net Income for 18 consecutive years, with -$20.3 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Net Income rose 16.49% year-over-year to -$20.3 million in Q2 2026; TTM through Jun 2026 was $13.6 million, a 50.26% decrease from a year earlier, with the FY2025 full-year figure at $0.3, down 72.22% from the prior year.
  • Net Income was -$20.3 million for Q2 2026 at Ballard Power Systems, down from -$11.4 million in the prior quarter.
  • Over five years, Net Income peaked at $277.8 million in Q4 2024 and troughed at -$205.0 million in Q3 2024.
  • A 5-year average of -$11.2 million and a median of -$30.5 million in 2022 frame the typical range for Net Income.
  • Across the five-year window, Net Income soared 509.96% in 2023 and tumbled 228.27% in 2024, its largest moves.
  • Over 5 years, Net Income stood at -$30.8 million in 2022, then soared by 509.96% to $126.5 million in 2023, then jumped by 119.64% to $277.8 million in 2024, then plunged by 73.58% to $73.4 million in 2025, then slumped by 127.63% to -$20.3 million in 2026.
  • The last three Net Income figures came in at -$20.3 million (Q2 2026), -$11.4 million (Q1 2026), and $73.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Bloom Energy 74.04 Bn 71.37 Bn 355.57 Mn 198.83 Mn
2 Fuelcell Energy 33.44 Bn 32.78 Bn -24.50 Mn -45.28 Mn
3 Ballard Power Systems 667.85 Mn 162.70 Mn 4.08 Mn -20.28 Mn
4 Sunhydrogen 89.43 Mn 89.43 Mn -45,724.00 -1.41 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -20.28 Mn
Mar 31, 2026 -11.39 Mn
Dec 31, 2025 73.39 Mn
Sep 30, 2025 -28.07 Mn
Jun 30, 2025 -24.28 Mn
Mar 31, 2025 -21.04 Mn
Dec 31, 2024 277.77 Mn
Sep 30, 2024 -205.02 Mn
Jun 30, 2024 -31.46 Mn
Mar 31, 2024 -41.29 Mn
Dec 31, 2023 126.47 Mn
Sep 30, 2023 -62.45 Mn
Jun 30, 2023 -30.10 Mn
Mar 31, 2023 -33.92 Mn
Dec 31, 2022 -30.85 Mn
Sep 30, 2022 -42.88 Mn
Jun 30, 2022 -55.79 Mn
Mar 31, 2022 -40.40 Mn
Dec 31, 2021 -43.83 Mn
Sep 30, 2021 -30.85 Mn