Ballard Power Systems (BLDP) Net Income towards Common Stockholders (2009 - 2025)

Ballard Power Systems' (BLDP) quarterly Net Income towards Common Stockholders came in at -$17.5 million in Q4 2025, up 37.82% on a QoQ basis from -$28.1 million in Q3 2025.

Ballard Power Systems (BLDP) Net Income towards Common Stockholders (2009 - 2025) Analysis & Trends

Ballard Power Systems (BLDP) has 17 years of Net Income towards Common Stockholders data on file, last reported at -$17.5 million in Q4 2025.

  • On a quarterly basis, Net Income towards Common Stockholders changed N/A year-over-year to -$17.5 million in Q4 2025; TTM through Dec 2025 was -$90.8 million, a 12615.97% decrease from a year earlier, with the FY2024 full-year figure at -$715000.0, up 97.87% from the prior year.
  • Net Income towards Common Stockholders for Q4 2025 stood at -$17.5 million, up from -$28.1 million in the prior quarter.
  • Over the last five years, Net Income towards Common Stockholders for BLDP reached as high as -$60.0 in Q1 2021 and fell as low as -$28.1 million in Q3 2025.
  • Historically, Net Income towards Common Stockholders has averaged -$7.3 million across 5 years, with a median of -$487000.0 in 2024.
  • Across the five-year window, Net Income towards Common Stockholders slumped 19809185.71% in 2023 and jumped 99.95% in 2024, its largest moves.
  • Year by year, Net Income towards Common Stockholders stood at -$150.0 in 2021, then tumbled by 8748566.67% to -$13.1 million in 2022, then jumped by 82.02% to -$2.4 million in 2023, then soared by 79.36% to -$487000.0 in 2024, then tumbled by 3483.98% to -$17.5 million in 2025.
  • Per Business Quant data, the three most recent Net Income towards Common Stockholders figures were -$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 Electrovaya 413.55 Bn 413.53 Bn 6.04 Mn 1.96 Mn
2 Vertiv Holdings 109.26 Bn 106.76 Bn 999.70 Mn 390.10 Mn
3 Bloom Energy 53.01 Bn 50.51 Bn 225.54 Mn 70.65 Mn
4 Hubbell 26.33 Bn 25.81 Bn 505.30 Mn 183.00 Mn
5 nVent Electric 24.09 Bn 23.90 Bn 445.60 Mn 2.00 Mn
6 Advanced Energy Industries 10.99 Bn 10.29 Bn 200.90 Mn -500,000.00
7 Acuity Inc. (De) 10.14 Bn 9.72 Bn 606.40 Mn -55.00 Mn
8 Powell Industries 8.00 Bn 7.45 Bn 87.94 Mn 45.89 Mn
9 EnerSys 7.11 Bn 6.67 Bn 290.87 Mn 77.30 Mn
10 Ballard Power Systems 865.95 Mn 334.70 Mn 5.64 Mn -17.45 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -17.45 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 -13.12 Mn
Sep 30, 2022 -140.00
Jun 30, 2022 -190.00
Mar 31, 2022 -140.00
Dec 31, 2021 -150.00
Sep 30, 2021 -100.00
Jun 30, 2021 -70.00
Mar 31, 2021 -60.00
Dec 31, 2020 -60.00