Growth Metrics

Ballard Power Systems (BLDP) Net Margin (2016 - 2025)

Ballard Power Systems has reported Net Margin over the past 17 years, most recently at 51.89% for Q4 2025.

  • Quarterly Net Margin changed N/A to 51.89% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 91.37% through Dec 2025, down 9034.0% year-over-year, with the annual reading at 1.03% for FY2024, 3171.0% up from the prior year.
  • Net Margin was 51.89% for Q4 2025 at Ballard Power Systems, up from 86.37% in the prior quarter.
  • Over five years, Net Margin peaked at 390.58% in Q4 2021 and troughed at 265.69% in Q2 2022.
  • The 5-year median for Net Margin is 32.09% (2025), against an average of 50.66%.
  • Year-over-year, Net Margin soared 39725bps in 2021 and then crashed -48620bps in 2022.
  • A 5-year view of Net Margin shows it stood at 390.58% in 2021, then tumbled by -124bps to 95.62% in 2022, then skyrocketed by 95bps to 5.05% in 2023, then soared by 35bps to 3.3% in 2024, then tumbled by -1472bps to 51.89% in 2025.
  • Per Business Quant, the three most recent readings for BLDP's Net Margin are 51.89% (Q4 2025), 86.37% (Q3 2025), and 135.81% (Q2 2025).