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

Ballard Power Systems (BLDP) reported Net Income towards Common Stockholders 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 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.

  • Net Income towards Common Stockholders 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 towards Common Stockholders 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 towards Common Stockholders 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 towards Common Stockholders.
  • The sharpest annual moves came in 2021 and 2025: Net Income towards Common Stockholders jumped 100.26% in 2021, then tumbled 2423100.0% in 2025.
  • A 5-year view of Net Income towards Common Stockholders 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 towards Common Stockholders 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 381.47 Bn 381.42 Bn - -
2 Vertiv Holdings 106.74 Bn 104.24 Bn 999.70 Mn 390.10 Mn
3 Bloom Energy 66.49 Bn 64.02 Bn 225.54 Mn 70.65 Mn
4 nVent Electric 25.11 Bn 24.92 Bn 445.60 Mn 2.00 Mn
5 Hubbell 24.82 Bn 24.31 Bn 505.30 Mn 183.00 Mn
6 Advanced Energy Industries 11.63 Bn 11.63 Bn 200.90 Mn -500,000.00
7 Ballard Power Systems 10.56 Bn 10.03 Bn 5.64 Mn -17.53 Mn
8 Powell Industries 9.53 Bn 8.99 Bn 87.94 Mn 45.89 Mn
9 Acuity Inc. (De) 8.63 Bn 8.35 Bn 520.40 Mn 96.80 Mn
10 EnerSys 8.26 Bn 7.82 Bn 290.87 Mn 77.30 Mn

Historic Data

Download Data
DateValue
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