Ballard Power Systems (BLDP) Net Income (2009 - 2025)
Ballard Power Systems (BLDP) reported Net Income of -$17.5 million for Q4 2025, up 37.56% quarter-over-quarter from -$28.1 million in Q3 2025.
Ballard Power Systems (BLDP) Net Income (2009 - 2025) Analysis & Trends
Ballard Power Systems (BLDP) has 17 years of Net Income data on file, last reported at -$17.5 million in Q4 2025.
- Net Income for Q4 2025 came in at -$17.5 million, changed N/A year-over-year; the trailing twelve-month figure through Dec 2025 was -$90.9 million (down 12626.19% YoY), and the FY2024 annual result was -$715000.0, up 97.87% from the prior year.
- Net Income advanced to -$17.5 million in Q4 2025 per BLDP's latest filing, from -$28.1 million in the prior quarter.
- Over five years, Net Income peaked at $164000.0 in Q1 2021 and troughed at -$55.6 million in Q2 2022.
- A 5-year average of -$15.7 million and a median of -$9.9 million in 2023 frame the typical range for Net Income.
- The sharpest annual moves came in 2021 and 2025: Net Income soared 101.25% in 2021, then tumbled 2423100.0% in 2025.
- A 5-year view of Net Income shows it stood at $5000.0 in 2021, then tumbled by 354620.0% to -$17.7 million in 2022, then jumped by 86.69% to -$2.4 million in 2023, then soared by 79.36% to -$487000.0 in 2024, then plunged by 3498.97% to -$17.5 million in 2025.
- Business Quant data shows BLDP's Net Income at -$17.5 million in Q4 2025, -$28.1 million in Q3 2025, and -$24.2 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - | - |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn | 390.10 Mn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn | 73.70 Mn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn | 2.00 Mn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn | 183.00 Mn |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn | -500,000.00 |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn | -17.53 Mn |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn | 45.89 Mn |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn | 96.80 Mn |
| 10 | EnerSys | 8.48 Bn | 8.04 Bn | 290.87 Mn | 77.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -17.53 Mn |
| Sep 30, 2025 | -28.07 Mn |
| Jun 30, 2025 | -24.23 Mn |
| Mar 31, 2025 | -21.04 Mn |
| Sep 30, 2024 | -487,000.00 |
| Jun 30, 2024 | -1,000.00 |
| Mar 31, 2024 | -226,000.00 |
| Dec 31, 2023 | -2.36 Mn |
| Sep 30, 2023 | -27.73 Mn |
| Jun 30, 2023 | -1.88 Mn |
| Mar 31, 2023 | -1.53 Mn |
| Dec 31, 2022 | -17.73 Mn |
| Sep 30, 2022 | -42.88 Mn |
| Jun 30, 2022 | -55.62 Mn |
| Mar 31, 2022 | -40.80 Mn |
| Dec 31, 2021 | 5,000.00 |
| Sep 30, 2021 | -5,000.00 |
| Mar 31, 2021 | 164,000.00 |
| Dec 31, 2020 | -1.91 Mn |
| Sep 30, 2020 | -544,000.00 |